7605 BROADWAY North Bergen, NJ 07047

Located in one of New Jersey's premier investment cities, this mixed use property comprises of a three story building with a 900 square ft commercial space and two three bedroom apartments. All encompassed in a solid brick building being sold “as is” with an impressive cap rate for any investor and located on one of the best streets in North Bergen. North Bergen has become a primary residential enclave for residents seeking convenient housing with direct access to employment and entertainment hubs. Located along an attractive corridor, near the gold coast area, this property borders the luxury waterfront developments near Weehawken, Edgewater, Hoboken and Manhattan. Presently, the area is sought after as an economical alternative to the more expensive areas nearby. North Bergen was recently named one of the top 10 cities by movoto.com mostly due to its median household income, (18 percent higher than the state average), its home values, (11 percent higher), and its high school graduation rate,(two percent better than average) and it's living standards. North Bergen is one of the most diverse cities in NJ — both culturally, and geographically. The place is made up of hills, water, cliffs, and even meadowlands. The subject property is located on Broadway Ave with direct access to transportation to Hoboken and NYC. This building is TWO BLOCKS away from boulevard east (JFK BLVD) and James J. Braddock Park with a land area of 167 acres, is one of the largest and most beautiful of Hudson County's parks. The park is home to the 16-acre Woodcliff Lake and has an amazing view of the Manhattan skyline. It offers an impressive array of forty-five various athletic facilities, including tennis courts as well as a variety of natural features. Interested purchasers is highly encourage to act immediately with this opportunity as it will not last. There is great potential to live in this great town, and own a remarkable property with a solid investment history at an affordable price. As projected development continues, North Bergen is expected to experience a surge in pricing and residency. The cap rate is 8.5% with potential upside for this investment.