by RHP Realty

Check Availability
Union City 07087
610 12th Street
$2,299,888
Multifamily - For Sale

610 12th Street

Union City, NJ 07087
bedrooms
8 Beds
bathrooms
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
Garima Verma
Luxian International Realty
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
5 Beds
3.1 Baths
-
$2,288,888 Nov 30, -0001
$2,200,000 May 12, 2023
-
House
4 Beds
3 Baths
-
$2,600,000 May 19, 2023
$2,600,000 May 19, 2023
$1,776/mo
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
Multifamily
7 Beds
5 Baths
-
$2,300,000 Jun 23, 2023
-
$1,100/mo
Multifamily
13 Beds
8 Baths
-
$2,500,000 May 4, 2023
-
$3,036/mo
Commercial
Loft
-
-
$2,350,000 Feb 27, 2023
-
$2,871/mo
Commercial
Loft
-
-
$2,400,000 Jul 8, 2022
-
$1,765/mo
Commercial
Loft
-
-
$2,400,000 May 4, 2023
-
$3,404/mo
Mixed Use
Stu
-
-
$2,500,000 Sep 9, 2022
-
$4,100/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220805
08/05/2022
8 Bed
8 Bath
-
$2,299,999
bedrooms
8 Bed
bathrooms
8 Bath
-
-
-
GENESIS MARTINEZ
LIBERTY REALTY LLC
20190305
03/05/2019
8 Bed
8 Bath
-
$1,450,000
bedrooms
8 Bed
bathrooms
8 Bath
-
-
-
KAUSHIK VAIDYA
Redfin Corporation

Building Info

610 12th Street 610 12th Street, Union City, NJ 07087
  • 1 Unit for Sale
More about this Building
610 12th Street
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About Union City


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