3 days on Rocket
$8,253 Closing Credit¹
#250008867, Listing Office: LIBERTY REALTY LLC
$825,000 List price
516 51st St West New York, NJ 07093
$9,797
Closing credit¹
4 beds
3 full
Multi-Family
Property details
About 516 51st St
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.
Highlights
Home typeQuadruplex
HeatingBaseboard, Natural Gas, Forced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
BasementYes
MLS #250007472
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 4
- Architectural Style: Multi-Level
- Heating: Baseboard, Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $825,000
- Annual Tax Amount: $13,283
- Tax Year: 2024
- MLS Number: 250007472
- MLS Name: HudsonCountyNJ
- Office Name: EXP REALTY LLC
- Office Phone: (866) 201-6210
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 12:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$825,000
516 51st St
$9,797
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 15, 2006 | Home Sold | $637,000 |
| Jun 07, 1995 | Home Sold | $58,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $167,400 | $13,283 |
| 2022 | $167,400 | $12,867 |
| 2021 | $167,400 | $12,867 |
| 2020 | $167,400 | $12,658 |
| 2019 | $167,400 | $12,600 |
History based on county public records data.
Nearby schools
5
Robert Menendez Elementary School
Public District EE-6
0.2 mi
•600 55th St
5
Public School #5
Public District EE-6
0.3 mi
•5401 Hudson Ave
7
Theodore Roosevelt Elementary School
Public District PK-6
0.3 mi
•4507 Hudson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,675. The majority of West New York, NJ residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
46%
<35k
42%
35k-100k
11%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
20%
Single, with Kids
14%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 516 51st St in West New York, NJ and zip code 07093. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $825,000.
Over 2 listings were sold over their listed price in April 2025 in West New York, NJ. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. In April 2025 in West New York, NJ there were 23.3% more homes for sale than in March. While the average time on the market in April 2025 was 37 days, the median list price was $675,000.
From Rocket Homes Real Estate and based on county public records data.