Hidden Gems: Where to Find Affordable Multi‑Family Homes Near NYC Without Leaving NJ

Are you looking for multi-family homes under $1 million in Bergen or Hudson County that offer dual‑income opportunities without giving up convenient access to NYC?

In Bergen and Hudson County, you can still find hidden gems — duplexes and triplexes under $1 million in commuter-friendly towns that combine affordability, lifestyle, and long-term value.

Hidden Neighborhoods with Multi‑Family Value

You don’t need to leave North Jersey to find opportunity. These towns are quietly gaining attention among smart buyers, especially those looking to accommodate multiple generations or house hack their way to financial flexibility:

Garfield & Lodi (Bergen County): Often overlooked, these towns consistently offer multi-family listings in the $500K–$700K range. Many have two or three units with separate entrances and finished basements—ideal for privacy between generations or rental income.
Hackensack & Saddle Brook: With major redevelopment in Hackensack and steady infrastructure in Saddle Brook, you’ll find strong housing stock priced between $600K–$800K. These areas provide both long-term growth and accessible financing options under $1 million.
North Bergen & Union City (Hudson County): These Hudson County communities boast close proximity to Manhattan with frequent listings from the mid-$300Ks to the $500K range. They’re also known for high rental demand, making them ideal for dual-income investors and owner-occupants alike.

Why They’re Still Affordable

Despite rising home values across North Jersey, pockets of affordability remain—if you know where to look. These towns have managed to keep prices within reach due to a mix of older inventory, evolving demand, and niche neighborhood dynamics.

Recent market data backs it up:

Occupancy rates in Bergen and Hudson County hover above 95%, signaling stable rental demand.
Average rents exceed $2,800/month in Bergen County and top $3,500/month in Hudson County—strong numbers for anyone planning to offset their mortgage with rental income.
Inventory in the sub-$1M segment is tight but consistent, especially for properties in transit-friendly zones or near town centers.

What to Look for in a Multi‑Family Home

As a multi-generational or dual-income buyer, you want more than just square footage. Here’s what to keep in mind:

Private access points: Separate entrances or converted basements offer flexibility for extended family or renters.
Good bones and value-add potential: A well-maintained property with room for light upgrades can increase rental value fast.
Zoning and lot size: Check for the potential to expand or legally add units over time.

And don’t forget walkability, access to local shopping, and public transportation—especially if your goal includes commuting to NYC or attracting tenants who do.

Commuter-Ready Perks Without NYC Price Points

Living close to NYC doesn’t have to mean sky-high prices. These towns offer:

Direct NJ Transit access to Port Authority or Hoboken
Quick access to local jitney routes and PATH stations
Lifestyle perks like local bakeries, parks, and small business districts that keep community vibes alive

All within a budget that lets you buy smart and live better.

Final Takeaway

If you’re on the hunt for a multi-family property under $1 million near NYC, don’t sleep on Bergen and Hudson County. Towns like Garfield, Lodi, Hackensack, Saddle Brook, North Bergen, and Union City offer the chance to live affordably, build dual income, and support multi-generational living—all in one property.

Schedule a call with Scott today at tidycal.com/slselleck
Text/Call: 201-970-3960
Email: [email protected]
Website: www.SelleckSellsNJ.com
Scott Selleck, KW City Views Realty – Fort Lee, NJ Location