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Sold for $742,500 on 07/18/25
  • $742,500

    516 51st St, West New York, NJ 07093

    4beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $814,400 Zestimate®
    $--/sqft
    $2,239 Estimated rent

    Owner options

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    $2,239/mo

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    $2,239/mo

    Rent Zestimate®

    Refinance and save

    $4,957/mo

    Est. payment

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    $4,957/mo

    Est. payment

    What's special

    Potential 7% Cap. Solid investment opportunity for both end-user and investor in a high-demand location near the Light Rail station. This mixed-use property features two commercial spaces—one currently leased to a licensed psychologist (1100 Sq Ft), and the second, a clean and versatile space ideal for professional or medical office use (500 Sq Ft). The property also includes two rented residential units: a 1BR apartment above the doctor's office, and a detached 3BR unit located at the rear of the lot. Strong rental demand and potential for a 6.5% cap rate make this a compelling addition to any investment portfolio and especially if you have a practice and want to live on site. All newer and separate utilities. Central AC/Heat. This property is a well-oiled machine.

    Zillow last checked: 7 hours ago

    Listing updated: September 26, 2025 at 06:19am

    Listed by:

    ANDREW N SANDERSON,

    EXP REALTY LLC 866-201-6210

    Bought with:

    , 0791016

    EXP REALTY LLC

    Source: HCMLS,MLS#: 250007472

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Baseboard, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Unfinished,Walk-Out Access

    Property

    Parking
    • Parking features: None
    Details
    • Parcel number: 12 00108000000029

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi Level
    Materials
    • Brick

    Community & neighborhood

    Location
    • Region: West New York
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    Estimated market value
    $814,400