123 63Rd St
West New York Town, NJ, 07093 $ 1,400,000
Bedrooms-- Baths-- Sq 2,500 Monthly Estimate*
$ 8,734
Commercial Property for sale in West New York Town, NJ
for $1,400,000. This 2,500 square foot building was built in 1940 on a lot size of 0.06.
Prime 10-Unit Investment Opportunity in Hudson CountyDiscover a rare multifamily asset in one of West New York's strongest and most consistently in-demand rental corridors. 123 63rd Street is a 10-unit building offering stability, income potential, and long-term upside in a location that continues to see sustained growth and tenant demand.The property features a well-balanced mix of apartments, all within a structure that has been thoughtfully maintained and cared for over the years. With strong cash flow, efficient operating expenses, and solid tenancy, this building presents an appealing opportunity for both new and seasoned investors looking for a high-performing addition to their portfolio.Positioned near major transportation options, including NJ Transit bus service, ferry connections, and fast access to major highways, the location provides seamless connectivity to Manhattan, Hoboken, and the broader Hudson County market. Residents benefit from proximity to shopping, dining, and neighborhood amenities that make this area one of the most desirable rental pockets in Northern New Jersey.With its combination of location, scale, and return potential, 123 63rd Street represents a compelling investment with room for future growth. Inquire for full financials, rent roll, and detailed offering information. ***Heat and water are paid by the owner. Boiler gas 4 years old. All units are in good condition, no violation or assessments.***
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FeaturesGeneralSewer Public Sewer
Construction Brick/Block
Heating Radiators - Steam
Cooling Window A/C(s)
Utilities Gas-Natural See Remarks
Possession 31-60 Days
Roof See Remarks
Zoning Residential
Year Built 1940
Township West New York Town
Property Type Apartment Complex Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area
Gross Income 143500
County Hudson
MaintenanceExpense 1000
Status Active
Directions Between Broadway and Park Ave
Number Of Units Total 10
Tax Annual Amount 22398
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 271200
Town # 1812
Tax Lot 6
Cap Rate 6.63
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ExteriorWater Source Public Water
Exterior Description Brick/Block
Building Area Total 5115
Lot Dimensions 25X100
Lot Size Acres 0.06
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InteriorFuel Type Gas-Natural
Total Stories 3
Half Baths 0
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* Excluded FeaturesList ByPrestige Property Group MontclairBroker
josephazizrealestate@icloud.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,734
- Monthly Property Taxes
- $1,867
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in West New York, NJ
Average List Price $807,923
Percent of Sale Price 42%
About West New York, NJ 52,267 Population
14% Since 2002
$ 53,721 Median Income
38.1 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/13/2025 | $1,400,000 | | Listed Price |