$875000 Price Analysis    ♡   Union City, NJ 07087 11 bed 5 bath unknown SqFt ($0/SqFt) 2500SqFt lot. Listed 2024-04-03, Taxes $14355 | Ⓧ USDA Ineligible due to price & location near Union City |
Back in the market with TWO NEWLY VACANT units!
* Sale Pending *4 apartments in 2 buildings. The asking price is based on the two vacant units. CAP RATE will be an estimated 7.5% once the two units are renovated and rented by the new owner. One block away from Bergenline ave and less than 30 minute commute to NYC. Close to schools, restaurants and grocery stores. Come and see . A rare opportunity in today's real estate market. The front building has two apartments with 3 bedrooms each.
One has 1 bath and the other with 2 full baths. The other building is located directly b ehind and has 2 apartments with 2 bedrooms and 1 bath each. In between the two buildings is a private common area for all tenants for their enjoyment where ther barbecue grills are located. The current owner offers an FHA assumable mortgage, arranged and already approved by the mortgage servicer, with a attractive interest rate. For cap rate worksheet, See the attached. This sale is strictly As Is . Buyer is responsible to obtain certificate of occupancy.
Presented by Richard J Wolff at
Erealty Advisors, Inc.
Property MLS #240006088 from HudsonCounty
Full Bathrooms: 5
Full Bathrooms On Level 1: 1
Full Bathrooms On Level 2: 2
Full Bathrooms On Level 3: 1
Full Bathrooms On Level 4: 1
Flooring: Floor 4 Bedrooms: 2, Floor 2 Bedrooms: 4, Floor 1 Bedrooms: 3
Living Room On Level 2: 1
Living Room On Level 3: 1
Living Room On Level 4: 1
Basement Description: Basement: Full, Unfinished
Dining Room On Level 2: 1
Dining Room On Level 3: 1
Dining Room On Level 4: 1
Kitchen On Level 1: 1
Kitchen On Level 2: 1
Kitchen On Level 3: 1
Kitchen On Level 4: 1
Lot Size Dimensions: 25X100
Lot Size Square Feet: 2500
Source Listing Status: Pending
County: Hudson
Tax Year: 2022
Source Property Type: 4 Family
Exclusions: All tenant's personal belongings
Insurance Expense: 2600
Area: Union City
Source Neighborhood: Union City
Parcel Number: 3553
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $118700 + $75000 $193700 | $14355 |
| 2021 | $118700 + $75000 $193700 | $14304 |
| 2020 | $118700 + $75000 $193700 | $14142 |
| 2019 | $118700 + $75000 $193700 | $13758 |
| 2018 | $118700 + $75000 $193700 | $13500 |
| 2017 | $118700 + $75000 $193700 | $13373 |
| 2016 | $118700 + $75000 $193700 | $13345 |
| 2015 | $118700 + $75000 $193700 | $13115 |
| 2014 | $118700 + $75000 $193700 | $12830 |
| 2013 | $118700 + $75000 $193700 | $12677 |
| 2012 | $118700 + $75000 $193700 | $12398 |
| 2011 | $118700 + $75000 $193700 | $11988 |
| 2009 | $118700 + $75000 $193700 | $11133 |
| 2008 | $108700 + $75000 $183700 | $10055 |
| 2007 | $108700 + $75000 $183700 | $9381 |
$875000
HudsonCounty
Listing removed 2024-03-07
$0
HudsonCounty
Listed 2023-10-19
$825000
HudsonCounty
Listing removed 2023-10-03
$0
HudsonCounty
Price Changed 2023-09-14
$825000
HudsonCounty
Listed 2023-06-21
$880000
HudsonCounty
Sold 2021-02-11
$535000
Public Record
Listing removed 2020-01-22
$498000
NewJerseyMLS
Listing removed 2018-10-08
$498000
NewJerseyMLS
Listed 2018-09-11
$498000
NewJerseyMLS
Listing removed 2012-05-22
$390000
NewJerseyMLS
Listing removed 2012-05-21
$390000
HudsonCounty
Price Changed 2012-03-24
$390000
HudsonCounty
Price Changed 2012-03-23
$390000
NewJerseyMLS
Price Changed 2011-09-16
$419000
NewJerseyMLS
Relisted 2011-05-12
$429000
NewJerseyMLS
Listed 2011-05-12
$429000
HudsonCounty
Listing removed 2011-05-04
$429000
NewJerseyMLS
Listed 2011-04-30
$429000
NewJerseyMLS
Sold 2006-04-06
$310000
Public Record
Sold 2000-02-28
$126000
Public Record
Sold 1982-04-01
$48000
Public Record
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.