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Union
54 King Street
$625,000
● House - Off Market

54 King Street

Hillside, NJ 07205
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$3,999
Est. Monthly
4.32%
Cap Rate

About This Property

Welcome to 54 King St, nestled in the desirable Westminster section of Hillside. This newly renovated home boasts 4 bedrooms, 2.5 bathrooms, and showcases designer finishes throughout. The kitchen features luxurious quartz countertops and a spacious island, perfect for both meal preparation and entertaining. Conveniently located near houses of worship, this residence offers a perfect blend of modern elegance and comfort. A Truly must see!
Unit Size
-
Days on Market
57 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$811
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CJMLS #2500296R)

Price History

Date / Event Date Event Price
Sep 3, 2024 Sold
Premium
Sold
Jul 16, 2024 In contract -
In contract
Jul 8, 2024 Listed by REALMART REALTY LLC $649,000
Listed by REALMART REALTY LLC
Mar 21, 2024 Sold
Premium
Sold
Feb 22, 2024 In contract -
In contract

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,935
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,811
  • Building Area: 1,811
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,811
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Hillside Township School District
  • Census Tract: 032500

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 17
  • Account Number: 00596000
  • District: 07
  • Parcel: 07 01709-0000-00011
  • Block: 1709
  • Lot: 11
  • Municipality: HILLSIDE TWP
  • Latitude: 40.6865
  • Longitude: -74.2172

    Address

  • Full Address: 54 King St
  • Address - House Number: 54
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Hillside
  • Carrier Code: C001
  • 4-Digit Zip Code: 3004
  • Zip Code: 07205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,008,035

    Appraisal Valuation

  • Standard Deviation: 0.0971
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 382,891
  • High Value: 420,089
  • Low Value: 345,692

    Market Valuation

  • Market Total Value: $125,800
  • Market Land Value: $52,800
  • Market Improvement Value: $73,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,800
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $73,000

    Exemptions

  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36687
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Union

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$351

Below Asking

0.01%

Average Days on Market

69

Average Home Size

655 ft²

Average Home Age

-

Currently For Sale

943 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 44 Wainwright, Newark, NJ, 07112

$3,000 /mo

  • 3 Beds
  • 2 Baths
44 Wainwright, Newark, NJ, 07112 Listing by Ariel Morel

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: QIZHAN JACK YAO
REALMART REALTY LLC
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2500296R

Frequently Asked Questions

When was property at 54 King Street built and last sold?
The property at 54 King Street was built in 1949 and last sold on Mar 12, 2024 for $350,000.
How much is this home worth?
The estimated value of the home located at 54 King Street is $0.
What are some comparable homes to 54 King Street?
There are currently no comparable homes to 54 King Street.
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