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Multifamily / Apartments

CASH-FLOWING MULTIFAMILY ASSET NEAR MANHATTAN

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6124 JACKSON ST, WEST NEW YORK, NJ 07093
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Opportunity Zone
PROPERTY INFORMATION
Asset Type: Property
Primary Property Type: Multifamily
Primary Sub-Type: Apartments
Units: 6
Rentable (Sq. Ft.): 4,275
Year Built: 1950
Occupancy: 100%
Lot Size (Acres): 0.0566
Fully leased 2,757-square-foot six-residential unit brick building in the high-demand North Hudson County submarket.
Located in West New York, New Jersey, near Kennedy Boulevard, Bergenline Avenue, and key transit routes like Interstates 495 and 95.
Value-Add opportunity for rent growth and modernization in a renter-dominated market with one of the nation’s lowest vacancy rates.

Devin PerezMarcus & MillichapNJ Lic # 1004553Broker Contact(201) 742-6154
Brent HyldahlMarcus & MillichapBroker Contact(908) 268-7171
Mary HumphreysTen-XAuction Advisor(949) 617-0232
Property Id7524935
Event Item2025-02-24

Property Information

Fully leased 2,757-square-foot six-residential unit brick building in the high-demand North Hudson County submarket.
Located in West New York, New Jersey, near Kennedy Boulevard, Bergenline Avenue, and key transit routes like Interstates 495 and 95.
Value-Add opportunity for rent growth and modernization in a renter-dominated market with one of the nation’s lowest vacancy rates.
Located across from NYC in a dense and high-income area, the property benefits from a strong multifamily market and increasing retail leasing activity
Nearby national retailers include CVS, Dunkin, McDonald’s, and Chick-Fil-A, complemented by local eateries and shops, making it a desirable location.
Conveniently near the Tonnelle Avenue Light Rail Station and multiple bus routes, facilitating easy commuting options for residents.
Primary Property Type
Multifamily
Occupancy
100%
Year Built
1950
Floors
3
Lot Size (Acres)
0.0566
Starting Bid
$250,000
Zoning Designation
R-M
Common Amenities
24 Hour Access, Controlled Access, Tenant Controlled HVAC, Smoke Free, Smoke Detector
Units
6
Primary Sub-Type
Apartments
Type of Ownership
Fee Simple
Building Class
Class C
Assessor's Parcel Number
12-00142-0000-00011
Property ID
7524935
Rentable (Sq. Ft.)
4,275
Unit Amenities
Air Conditioning, Heating, Kitchen, Refrigerator, Oven, Tub/Shower
Floor Area Ratio
1.73
Primary Property Type
Multifamily
Primary Sub-Type
Apartments
Occupancy
100%
Type of Ownership
Fee Simple
Year Built
1950
Building Class
Class C
Floors
3
Assessor's Parcel Number
12-00142-0000-00011
Lot Size (Acres)
0.0566
Property ID
7524935
Starting Bid
$250,000
Rentable (Sq. Ft.)
4,275
Zoning Designation
R-M
Unit Amenities
Air Conditioning, Heating, Kitchen, Refrigerator, Oven, Tub/Shower
Common Amenities
24 Hour Access, Controlled Access, Tenant Controlled HVAC, Smoke Free, Smoke Detector
Floor Area Ratio
1.73
Units
6

Detailed Description

6124 Jackson Street is a three-story, 2,757-square-foot brick multifamily building located in the highly sought-after North Hudson County multifamily submarket. This income-producing property comprises six individually metered one-bedroom residential units and is fully leased, offering immediate cash flow. With a strong residential market characterized by a 71% renter-dominated population and one of the tightest vacancy rates in the nation, this property presents an excellent investment opportunity with upside potential through unit modernization and annual rent increases. Situated just a short walk from Kennedy Boulevard and Bergenline Avenue, two bustling commercial corridors, 6124 Jackson Street boasts exceptional connectivity. The property is near key transportation routes, including the George Washington Bridge, the Lincoln Tunnel, Interstate 495 and 95, and Routes 1 and 9. Public transit options such as the Tonnelle Avenue Light Rail Station further enhance accessibility. The location is surrounded by vibrant local and national retailers, including CVS, Dunkin’, McDonald’s, Chipotle, and more, offering a dynamic mix of retail and dining options within a one-mile radius. West New York, located along the Hudson River across from New York City, combines a laidback charm with unparalleled access to one of the world’s most dynamic urban centers. The area is home to thriving residential and commercial communities, local amenities like Miller Park, the James J. Braddock North Hudson Park, and breathtaking views from the waterfront walkway. With a dense population of over 216,000 and annual consumer spending exceeding $400 million within two miles of the property, West New York is an ideal market for multifamily investment. 6124 Jackson Street is a strategic, cash-flowing asset that benefits from ongoing leasing activity and surrounding apartment development, providing investors with an unmatched opportunity to capitalize on one of the most robust multifamily markets in the region. Property tours are available by appointment only. Please contact the broker to schedule.

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