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5901-5907 Madison St
West New York, NJ 07093
Multifamily Property For Sale
·
9 Units
Executive Summary
To schedule an appointment, please call Ramon at 201-906-3902 or email him at ramontorresrealtor@gmail.com.
RARE MIXED-USE CASH FLOW OPPORTUNITY 9-Family + Fully Rented Grocery Store in a Prime Location Located in Hudson County , NJ.
Secure a high-yield, low-management asset in one of Northern New Jersey’s most high-demand rental markets. Located in booming West New York, NJ, this mixed-use building delivers immediate, stable income with a powerful $223,000 yearly gross revenue.
The property consists of 9 residential family units with historically low vacancy rates, paired with a fully rented, established street-level grocery store providing a rock-solid commercial anchor in a prime location .
Fully rented with an established $223,000 annual income.
Tenant-Paid Utilities: Features completely separate water and heating systems for every unit—drastically reducing owner expenses and protecting your bottom line.
Perfect for a 1031 exchange or a long-term portfolio anchor in a rapidly appreciating gold-coast
Call today to request the full financial breakdown and schedule a private showing.
RARE MIXED-USE CASH FLOW OPPORTUNITY 9-Family + Fully Rented Grocery Store in a Prime Location Located in Hudson County , NJ.
Secure a high-yield, low-management asset in one of Northern New Jersey’s most high-demand rental markets. Located in booming West New York, NJ, this mixed-use building delivers immediate, stable income with a powerful $223,000 yearly gross revenue.
The property consists of 9 residential family units with historically low vacancy rates, paired with a fully rented, established street-level grocery store providing a rock-solid commercial anchor in a prime location .
Fully rented with an established $223,000 annual income.
Tenant-Paid Utilities: Features completely separate water and heating systems for every unit—drastically reducing owner expenses and protecting your bottom line.
Perfect for a 1031 exchange or a long-term portfolio anchor in a rapidly appreciating gold-coast
Call today to request the full financial breakdown and schedule a private showing.
Property Facts
| Price Per Unit | $386,186 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.24% | Building Size | 18,000 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-M, West New York - Residential–Mixed (R-M) zoning allows multifamily and ground-floor retail. | ||
| Price Per Unit | $386,186 CAD |
| Sale Type | Investment |
| Cap Rate | 6.24% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 18,000 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | R-M, West New York - Residential–Mixed (R-M) zoning allows multifamily and ground-floor retail. |
Property Taxes
| Parcel Number | 12-00128-0000-00012 | Improvements Assessment | $190,189 CAD |
| Land Assessment | $194,777 CAD | Total Assessment | $384,966 CAD |
Property Taxes
Parcel Number
12-00128-0000-00012
Land Assessment
$194,777 CAD
Improvements Assessment
$190,189 CAD
Total Assessment
$384,966 CAD
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