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412 4th Street

412 4th Street, Union City, NJ 07087
Multifamily in Hudson
1 Units For Sale
Unit for sale at 412 4TH ST, Union City, NJ 07087

$1,650,000

  • Commercial
412 4TH ST, Union City, NJ 07087 Listing by ERIC ECKHARDT

412 4th Street has been categorized by the local assessors in Union City, NJ as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 3 bedrooms. The building has a total of 3 stories. In addition, 412 4th Street has 5,082 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 412 4th Street sold most recently in Nov 18, 2021 for a total of $835,000. If you work out the math, that's approximately a cost of $164.31 per sqft. Before that, the property was also sold for $560,000 in Jan 14, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,914 in taxes each year. 412 4th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $220,000. If we break it down further, the land itself was valued at $110,000. Improvements to the property, however, were assessed at a total of $110,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230518
05/18/2023
Studio
6 Bath
-
$1,499,000
bedrooms
Studio
bathrooms
6 Bath
-
-
-
SCOTT RIEHL
Keller Williams - Hoboken
20221014
10/14/2022
Studio
6 Bath
-
$1,725,000
bedrooms
Studio
bathrooms
6 Bath
-
-
-
SCOTT RIEHL
Keller Williams - Hoboken

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 5,082
  • Gross Building Area: 5,082
  • Building Area: 5,082
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 5,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MI 412 4TH AVE LLC
  • Previous Owner : 412 4TH STREET UC LLC
  • Owner Before Previous Owner: GERGES EFAT A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Union City School District
  • Census Tract: 017800

Zoning

  • Zoning: R

Geography

  • Account Number: 029100
  • District: 10
  • Parcel: 10 00015-0000-00029
  • Block: 15
  • Lot: 29
  • Municipality: UNION CITY CITY
  • Latitude: 40.7547
  • Longitude: -74.0398

    Address

  • Full Address: 412 4th St
  • Address - House Number: 412
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Union City
  • Carrier Code: C001
  • 4-Digit Zip Code: 4059
  • Zip Code: 07087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $542,500
  • First Open Lien Mortgage Lender: BROADVIEW CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jan 07, 2022
  • First Open Lien Mortgage Loan Amount: $542,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $110,000
  • Market Improvement Value: $110,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,000
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $110,000

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Transaction ID: 11887527735
  • Current Sale Price: $835,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10002630
  • Previous Sale Recording Date: Jan 19, 2016
  • Previous Sale Contract Date: Jan 14, 2016
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROADVIEW CAPITAL LLC
  • First Mortgage Transaction Date: Jan 07, 2022
  • First Mortgage Loan Amount: $542,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Union City



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Frequently Asked Questions

What neighborhood is 412 4th Street located in?
The 412 4th Street is a multifamily located in the neighborhood of Hudson in Union City, Union City.
How many listings are currently for sale in 412 4th Street?
There is one unit for sale right now.
What is the average sales price for listings in 412 4th Street?
The average sales price for units in 412 4th Street is $1,650,000 currently.

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