7101 Park Ave, West New York, NJ, 07093
About This Home
Great investment opportunity in a prime location! This mixed-use property features two residential units and a commercial space, offering strong income potential. The first apartment offers 2 bedrooms and 1 bathroom, currently rented for $1,500/month, while the second unit is a 1-bedroom, 1-bathroom also generating $1,500/month. Both residential units are on a month-to-month basis, providing flexibility for future adjustments. Just one block from Blvd East and the New York City skyline, this opportunity is in a prime location that can’t be beat. The ground-level commercial space is occupied by a supermarket with a 10-year lease currently in its 7th year, paying $3,000/month, ensuring stable, long-term income. As an added bonus the property also features 3 parking spaces in the rear of the building with additional income of $730 monthly being generated from these spaces. Conveniently located near shops, dining, and transportation, this property is ideal for investors seeking a well-positioned, income-producing asset with growth potential.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Materials
- Construction materials: See Remarks
Type & Style
- Home type: MultiFamily
- Architectural style: Other
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heating features: See Remarks
Property
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,424 | $53,088 |
| Home Insurance * | $341 | $4,092 |
| Property Taxes | $1,137 | $13,644 |
| Electricity | $193 | $2,318 |
| Total | $6,095 | $73,140 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Listed for sale | $799,999 |
View on Zillow