Matthews™ is pleased to exclusively present for sale 7509 Park Ave & 101 76th St, North Bergen, NJ, a two-building, 34-unit multifamily investment opportunity. The offering represents a compelling value-add opportunity with 79% upside*, with a strong unit mix of oversized two- and three-bedroom layouts. The properties have been under the same ownership for over 50 years, presenting a rare opportunity to acquire generational assests. The properties consists of two brick buildings featuring renovated units, separately metered apartments, and on-site laundry in the basement, with all tenants currently on month-to-month leases, providing potential flexibility for a new owner. Recent capital improvements include a boiler replacement at 101 76th St in 2024 and a boiler rebuilt at 7509 Park Ave in 2025. Tenants are responsible for cooking gas and electric, while ownership covers heat, hot water, common area electric, and water/sewer.
Value-Add Opportunity
Building Highlights
Convenient Transportation
*Broker Estimates
License #: 01469842 (NJ)
(201) 218-9156david.ferber@matthews.com