Matthews Logo

Navigation Menu

7509 Park Ave & 101 76th St , North Bergen, NJ, 07047

7509 Park Ave & 101 76th St
$6,400,000

Key Information

Tot. SF
27,500
$ per unit
$188,235
Units
34
Type
Apartments
NOI
$363,457

Highlights

Value-Add Opportunity

  • 34 Units
  • 50+ Year Ownership
  • 79% Upside
  • $188K Price Per Unit

Building Highlights

  • 2 Multifamily Brick Buildings
  • 50+ Year Ownership
  • Renovated Units and Over Sized Units
  • Strong Unit Mix of 2 & 3 Bedrooms
  • Laundry in Basement
  • Boiler Replaced in 2024 (101 76th St)
  • Boiler Rebuilt in 2025 (7509 Park Ave)
  • Separately Metered
  • Tenants pay for cooking gas and electric
  • Landlord pays for heat, hot water, common area electric & water/sewer

Convenient Transportation

  • The building is approximately a 4-minute walk to the Boulevard East at 77th St bus stop which provides a 31-minute bus ride directly to Midtown Manhattan.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 2330333, 122887 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666