The Weehawken Value-Add Portfolio comprises four apartment buildings with a total of 49 apartment units and two retail stores. The unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom apartments. These properties are strategically located in Weehawken, NJ, offering a blend of residential comfort and proximity to local amenities. Notably, the properties are situated in a highly desirable area known for its stunning views of the Manhattan skyline and the Hudson River, as well as easy access to parks, schools, and shopping centers.
The properties are well-served by public transportation, with several train stations nearby, including the Bergenline Avenue station on the Hudson Bergen Light Rail, and the Weehawken Port Imperial station. The average train ride to New York City from these locations is approximately 20-30 minutes, providing convenient access to the city for work or leisure. Alternatively, the NJ Transit bus in the area takes approximately 16 minutes to reach the Port Authority Bus Terminal. Major employers in the area include Palisades Medical Center, UBS Financial Services, Port Imperial Ferry Corporation, and Dynamic Worldwide.