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818 New York Ave, Union City, NJ 07087
$1,267,768
818 New York Ave, Union City, NJ 07087View this property at 818 New York Ave, Union City, NJ 07087
818 New York AveUnion CityNJ07087
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Property Description
Introducing an unparalleled investment opportunity in the heart of Union City, NJ 07087 - a meticulously crafted portfolio featuring four strategically positioned buildings comprising a total of 35 apartments. This exclusive offering is tailor-made for savvy investors seeking a prime real estate opportunity, whether for portfolio diversification, a 1031 exchange, or long-term wealth creation. Nestled in Union City, just minutes away from the bustling energy of New York City, these assets boast a central location that enhances their attractiveness to both residents and potential investors. This unique investment comprises four distinct buildings, each housing a collection of 35 thoughtfully apartments. From spacious 1brs to multi-bedroom units, the portfolio caters to a wide range of tenants, ensuring consistent rental income. Ideal for those looking to optimize their investment portfolio, these properties offer a strategic blend of location, diverse housing options, and growth potential. The proximity to New York City adds an extra layer of appeal, making it a sought-after choice for discerning investors. With 35 apartments, this portfolio promises a steady stream of rental income, providing a resilient and lucrative investment avenue. The Union City market, coupled with its proximity to New York City, positions these assets as a reliable source of passive income. Don't miss out on this exceptional opportunity to secure a stake in Union City's thriving real estate market.
Full Property Details
Full Property Details for 818 New York Ave
General
- Price: $1,267,768
- Status: Active
- Type: Commercial
- MLS ID: 240000739
- Updated: 3/27/2024
- Added to Site: 106 day(s) ago
Location
- County: Hudson
- Location Details: 7th & 9th Street
Lot Features
- Lot Description: 00016
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Exclusions: All personal items.
- Lead Paint Discl.: Yes
Listed by Synergy Realty Group (201) 861-5504
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Schools
Schools serving 818 New York Ave
School District:Union City School District
Rating | Name | Grades | Distance |
---|---|---|---|
507 West St, Union City, NJ 07087 | PK-6 | 0.3 mi | |
1600 Kerrigan Ave, Union City, NJ 07087 | PK-8 | 1.2 mi | |
318 18th St, Union City, NJ 07087 | 6-8 | 0.4 mi | |
1800 Summit Ave, Union City, NJ 07087 | 9-9 | 0.6 mi | |
2500 Kennedy Blvd, Union City, NJ 07087 | 10-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 818 New York Ave
Date
Details
Price
Change
Source
3/27/2024
Price Reduced
$1,267,768
-75%
MLS
1/27/2024
Price Reduced
$5,071,072
-1.93%
MLS
1/12/2024
Listed
$5,171,072
444.32%
MLS
5/11/2020
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 818 New York Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$20,706
—
$290,000
—
2021
$20,631
33%
$290,000
—
2021
$15,483
-25%
$290,000
—
2019
$20,599
2%
$290,000
—
2018
$20,213
1%
$290,000
—
2017
$20,022
—
$290,000
—
2016
$19,981
2%
$290,000
—
2015
$19,636
3%
$290,000
—
2013
$18,980
—
$290,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 818 New York Ave
818 New York Ave, Union City, NJ 07087 (MLS# 240000739) is a Commercial property. 818 New York Ave is currently listed for $1,267,768 and was received on January 12, 2024. Want to learn more about 818 New York Ave? Do you have questions about finding other Commercial real estate for sale in Union City? You can browse all Union City real estate or contact a Coldwell Banker agent to request more information.