West New York, NJ 07093,536 51ST ST
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West New York, NJ 07093,536 51ST ST
West New York, NJ 07093,536 51ST ST
West New York, NJ 07093,536 51ST ST
West New York, NJ 07093,536 51ST ST

$900,000

Est. payment /mo

$900,000

Est.Price: ?

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536 51ST ST West New York, NJ 07093

7 Baths

SOLD DATE : 10/24/2025

Key Details

Sold Price $900,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 250009015

Sold Date 10/24/25

Full Baths 7

Annual Tax Amount $14,040

Lot Dimensions 25x118 AV

Property Sub-Type Investment

Property Description

536 51st Street — A Prime 7-Family Investment Between Bergenline & Kennedy in West New York. It presents a rare opportunity to acquire a fully occupied 7-family property in the heart of West New York, one of the most dynamic and rapidly appreciating municipalities in the New York metro area. Located between Bergenline Avenue and Kennedy Boulevard, this semi-detached building sits on an oversized 25' x 118' AV lot, offering both immediate cash flow and long-term development potential. The property currently generates $89,724 in annual rental income, yielding a 4.79% CAP rate with stable tenancy. With modest upgrades — estimated at $4,000 per unit — projected income increases to $106,524 annually, elevating returns to a 6.65% CAP rate. Positioned just steps from NJ Transit bus lines, 50th Street Park, and the bustling shops and eateries along Bergenline Avenue, 536 51st Street benefits from excellent transit access and neighborhood amenities. This is a strong, income-producing asset with clear value-add upside — an ideal opportunity to invest in the continued growth of West New York.

Location

State NJ

County Hudson

Area West New York

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Listed by COMPASS NEW JERSEY, LLC
Bought with COMPASS NEW JERSEY, LLC
Olivia Rodriguez

Olivia Rodriguez

Agent | License ID: 2185979

+1(908) 758-7671

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