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526 Lincoln St 6 Unit Apartment Building $1,316,931 CAD ($219,489 CAD/Unit) 7% Cap Rate Union City, NJ 07087

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Investment Highlights

  • 6-unit multifamily building with garage parking and a mix of one- and three-bedroom units.
  • Prime Union City location just under 20 minutes from Midtown Manhattan via public transit.
  • Building is a 2-minute walk to JFK Blvd at 43rd St bus stop with direct Manhattan access.
  • Offered at a 7.00% cap rate and $161,000 per unit, providing strong investment value.
  • Tenants pay cooking gas and electric; landlord covers heat, hot water, and water/sewer.
  • Strong renter demand and limited new supply support long-term rental stability.

Executive Summary

Patrick Forde
Matthews Real Estate Investment Services, Inc
License # 2330333, 122887 (NJ)
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550

Property Facts

Price $1,316,931 CAD
Price Per Unit $219,489 CAD
Sale Type Investment
Cap Rate 7%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 4,800 SF
No. Stories 3
Year Built 1900
Opportunity Zone Yes
Zoning R

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - -
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
10-00254-0000-00034
Land Assessment
$492,347 CAD
Improvements Assessment
$748,641 CAD
Total Assessment
$1,240,987 CAD
  • Listing ID: 39572532

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 526 Lincoln St, Union City, NJ 07087

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