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548 59th St, West New York, NJ, 07093

--beds
--baths
--sqft
$949,999
--price/sqft
$6,600/moest. monthly cost
$264,000/yrincome needed

About This Home

Prime value-add investment opportunity in the heart of West New York, NJ. This well-maintained all-brick 6-unit multifamily property features six oversized 2-bedroom, 1-bath apartments and offers strong in-place cash flow with significant upside potential. Located just minutes from Manhattan transportation, the property benefits from below-market rents, a fully renovated Unit #1, and Unit #4 being delivered vacant, providing an immediate opportunity for renovation and increased rental income. With market rents supporting approximately $2,000 per unit, investors can capitalize on substantial future revenue growth in one of Hudson County's strongest and most desirable rental markets.

Getting Around

98
WalkingWalker's Paradise
73
TransitExcellent Transit
55
BikeBikeable

Schools

6/10
5/10
2/10
Memorial High SchoolGrades 9-120.5 mi

Construction

Materials

  • Roof: Flat

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

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

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$370$4,440
Property Taxes $1,234$14,808
Electricity $193$2,318
Total$6,600$79,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$226,285/yr
40% on housing$198,000/yr
45% on housing$176,000/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07093$414
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07093$511
Hudson County$411

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

DateEventPrice
2026-07-31Listed for sale$949,999

For Sale by Agent

AgentPharoah Lozano
BrokerageKeller Williams City Views Realty

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