Investment Overview

North Bergen is a township in the northern part of Hudson County, New Jersey and like neighboring North Hudson communities, it is the largest economic region and population center in the United States. The Township of North Bergen comprises a land area of 5.4 square miles and is bounded by Bergen County to the north, the Hudson River to the east, Jersey City, West New York, and Guttenberg to the south and the Hackensack River, Union City and Secaucus to the west. North Bergen’s proximity to Manhattan as well as its location in a dense, mixed-use, in-fill location along one of the areas busiest commercial thoroughfares creates numerous development opportunities. The borough of Manhattan has experienced tremendous population growth over the years with current figures totaling roughly 1.6 million residents according to the most recent US Census. With vacancies in the Manhattan residential market currently at a record 1.6% and average rental rates approaching $4,000 per month, many residents are getting priced out of the Manhattan rental market. As a result, Northern New Jersey, and specifically Hudson County, has seen tremendous population growth in recent years.