610 12th Street

Union City, NJ 07087

$1,899,000
Price
8
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible investment opportunity for a truly turnkey property in a prime location. Built in 2018, this property consists of four spacious two-bedroom, two-bathroom units, generating an impressive $90,184 in net annual income with a CAP rate of approx. 5%. Each unit has separate utilities, with tenants responsible for their own water, gas, electricity, and sewer expenses. The total building spans 8,286 square feet, with individual apartment sizes ranging from 1,076 to 1,235 square feet, situated...Incredible investment opportunity for a truly turnkey property in a prime location. Built in 2018, this property consists of four spacious two-bedroom, two-bathroom units, generating an impressive $90,184 in net annual income with a CAP rate of approx. 5%. Each unit has separate utilities, with tenants responsible for their own water, gas, electricity, and sewer expenses. The total building spans 8,286 square feet, with individual apartment sizes ranging from 1,076 to 1,235 square feet, situated on a lot measuring 25 x 178. This property offers 6 dedicated parking spaces, ensuring each unit has its own assigned spot, while one unit also feature a private patio. Moreover, any unused parking spots present an excellent opportunity for additional rental income. These modern apartments boast individual washers and dryers, red oak hardwood flooring, central heating and air conditioning, granite countertops, stainless steel appliances, and granite counters and mosaic tile in the kitchens and classic subway tile in the bathrooms. The building is equipped with a central reporting fire alarm, security systems, and a whole building sprinkler system. The building also includes a full-time, live-in superintendent available 24/7 to promptly address any tenant concerns or maintenance issues. This dedicated professional ensures the building is consistently well-maintained, offering residents peace of mind and exceptional service at all times. By having the superintendent on-site, the owner experiences no burden or worries, knowing that the property is in capable hands. Conveniently located near major highways (Route 3, 495, & 9) and public transportation options, including bus service to Port Authority that takes less than 30 minutes, this property is also close to parks, restaurants, shopping, and grocery stores. The buildings at 610 12th Street and 612 12th Street can be packaged together. Union City is an outstanding investment area, and finding a property in such exceptional condition is a rare opportunity.
  1. Listed by WESTLEY PAGE • BROWN HARRIS STEVENS NEW JERSEY
  2. Listed by PETER COSSIO • BROWN HARRIS STEVENS NEW JERSEY

Property Details for 610 12th Street

Architectural Style
Multi-Level
Type Of Parking
Attached, Covered, Garage
Geo Subdivision
NJ
Area
Union City
Heating & Cooling
Central AC, Hot Air, Gas, Hot Water
LISTING UPDATED: 12/13/2024 03:57 PM

Property Details for 610 12th Street

StatusActive
MLS #240020403
Days on Market66
Taxes$26,716 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 4 Family
Year Built-
Lot Size0.10 AC / 4,425 SF
CountyHudson County

Virtual Tour

Building Information for 610 12th Street

Stories-Residences-Year Built-Building Size-Lot Size0.10 AC / 4,425 SF

Property Information for 610 12th Street

Summary
Location and General Information
  • Address: 610 12TH ST
  • Address Number: 610
  • Address Search Number: 610
  • Between: Central Ave & Morris Street
  • Geo Address Line: 610 12th St
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Postal Code: 07087
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 10-16-2024
  • Geo Zoom Level: 16.0
  • Inclusions: All major kitchen appliances including: refrigerator, oven/range-gas, washer and dryer.
  • Street Name: 12TH ST
  • City Name: Union City
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 10-16-2024
  • Tax Year: 2023
  • Taxes: $26,716
Virtual Tour
Property
Lot Information
  • Block: 59
  • Lot: 41
  • Lot Dimensions: 25x177
Property and Assessments
  • Associated Document Count: 9
  • Charge: Y
  • Exclusions: Owner or tenant personal belongings.
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Wood
Interior Features
  • Basement Description: None
  • Basement Rent: 215
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl3 Rooms: 5
  • Fl4 Rooms: 5
  • Floor 1 Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • Floor 1 Full Baths: 2
  • Floor 1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Other: 1
  • Floor 1 Rent: 2370
  • Floor 2 Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Baths: 2
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Other: 1
  • Floor 2 Rent: 2405
  • Floor 3 Bedrooms: 2
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Baths: 2
  • Floor 3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Other: 1
  • Floor 3 Rent: 2490
  • Floor 4 Bedrooms: 2
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Baths: 2
  • Floor 4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Other: 1
  • Floor 4 Rent: 2675
  • Total Dining Rooms: 4
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • Total Other Rooms: 4
  • Num of Baths: 8
  • Half Baths Total: 0
  • Full Baths Total: 8
  • Num Full Baths: 8
  • Num Half Baths: 0
  • Bedrooms Total: 8

Property History for 610 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 610 12th Street

Taxable ValueLand$366,000Additions$1,118,200Total$1,484,200
Tax Record2023$28,661 ($2,388 / month)
Home Facts
Beds0Total Finished SqFt4,621 SqFtAbove Grade Finished SqFt4,621 SqFtStories3Lot Size4,425 SqFtStyleSingle Family ResidenceYear Built2010CountyHUDSONAPN10 00059-0000-00041

Schools near 610 12th Street

This home is within Union City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Veterans Memorial School
PublicPK to 5

Sara M. Gilmore Academy
Public1 to 8

Emerson Middle School
Public6 to 8

Union City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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610 12th Street is a multi-family home for sale in Union City, NJ 07087. This property was listed for sale on October 16, 2024 by BROWN HARRIS STEVENS NEW JERSEY, it's currently listed at $1,899,000. It has been on the market for a total of 66 days and was last sold on May 8, 2003. This listing's school district is Union City School District. Nearby schools include Veterans Memorial School, Sara M. Gilmore Academy and Emerson Middle School. 610 12th Street is a 8-bed, 8-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BROWN HARRIS STEVENS NEW JERSEY, WESTLEY PAGE; BROWN HARRIS STEVENS NEW JERSEY, PETER COSSIO

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/22/2024 02:11 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/22/2024 02:11 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.