1219 51st St, North Bergen, NJ 07047

Property Description

A strong opportunity for both owner-occupants and investors in a convenient North Bergen location. This legal three-family offers three spacious two-bedroom units, with two of the three apartments currently vacant—giving a new owner flexibility to occupy one unit while generating rental income from the others, or reposition the property as a full investment. The first floor features 2 bedrooms and 1 full bath, the second floor offers 2 bedrooms and 2 full baths, and the third-floor unit has 2 bedrooms and 1 full bath. The property also includes a finished basement with additional living space, a bedroom and full bath. Potential rental income is approximately $7,650 per month or better, presenting a compelling opportunity at the current asking price. Additional features include three separate heating systems, two newer furnaces, basement washer and dryer, a state-of-the-art home surveillance system, and valuable off-street parking with a 2-car garage plus an additional parking space equipped with an EV charger. The location adds to the appeal. Just blocks from Bergenline Avenue and the Bergenline Avenue Hudson-Bergen Light Rail station, with convenient access to NYC transportation, schools, restaurants, shopping and everyday necessities. Major retailers and supermarkets throughout North Bergen, including Target, Walmart, BJ’s, ShopRite and Aldi, are also easily accessible. Whether you’re looking to live in one unit and offset your mortgage with rental income or add a well-positioned multifamily property to your portfolio, 1219 51st Street offers both flexibility and income potential.