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$2,299,888
●
Multifamily -
For Sale
610 12th Street
Union City, NJ 07087
8 Beds
8 Baths
$2,361,134
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model
About This Property
Discover a rare investment opportunity. This magnificent, oversized
multi-family property boasts newer construction (2018) and is fully
rented with a remarkable NOI of $83,429 with a proforma of 5.93%
Cap Rate by 2027. Lot size is 25 x 178, total building floor area
8,286 square feet. The larger than usual property boasts four large
modern and spacious units ranging from 1,076 sq ft - 1,235 sq ft.
Each unit features 2 bedrooms, 2 full bathrooms, a washer and
dryer, beautiful hardwood floors, central air and heat, stainless
steel appliances, and granite countertops. The property also
includes six indoor garage car parking spaces, one private
backyard, and is fully sprinklered with a central reporting fire
alarm and security systems, providing a safe and convenient living
experience. Each unit has separate utilities, and tenants pay all
utility bills, including water, gas, electricity, and sewer, which
offers a fantastic opportunity for investors to maximize profits
Unit Size
-
Days on Market
391 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,987
HOA Dues
-
Year Built
2010
Listed By
Last updated: 12 months ago (NJMLS #23009812)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 5, 2023 | Listed by Luxian International Realty | $2,299,888 | |
Listed by Luxian International Realty |
Property Highlights
Parking Available
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
3
Baths
-
$2,425,000
Jun 28, 2023
$2,425,000
Jun 28, 2023
$2,068/mo
Condo
3
Beds
2
Baths
-
$2,160,000
Jun 8, 2023
$2,160,000
Jun 8, 2023
$3,520/mo
House
4
Beds
3
Baths
-
$2,600,000
May 19, 2023
$2,600,000
May 19, 2023
$1,776/mo
Sold
House
4
Beds
3
Baths
-
$2,425,000
Jun 30, 2023
$2,425,000
Jun 30, 2023
$1,501/mo
Condo
3
Beds
2
Baths
-
$2,750,000
Jun 27, 2023
$2,750,000
Jun 27, 2023
$3,761/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/05/2022
|
|
8 Bed
|
8 Bath
|
-
|
$2,299,999
8 Bed
8 Bath
|
-
-
|
-
|
GENESIS MARTINEZ
LIBERTY REALTY LLC
|
03/05/2019
|
|
8 Bed
|
8 Bath
|
-
|
$1,450,000
8 Bed
8 Bath
|
-
-
|
-
|
KAUSHIK VAIDYA
Redfin Corporation
|