Property Details


Listing ID: 170008317
Price: $325,000
Address: 535 42ND ST
City: Union City
State: New Jersey
Postal Code: 07087
Bedrooms: 5
Total Baths: 2
Full Baths: 2
County: Hudson
Potential 7.5% Cap while getting approvals for New Construction 3 or 4 Family. Lot is 25 x 100 and has 8 parking spots. Fair market rent for parking is $150/spot. Single family in rear of property. Current income is $2875/month between single family and the 8 parking spots. Property being sold with 4 Family next door (537 42nd Street asking $625,000). Asking price for both properties is $950,000. Total net income between both properties is $65,000. Get good returns while obtaining approvals for either 8 units with both lots or two 3/4 families for the individual lots.

Primary Features

Appliances Included: None
Area: Union City
Building Style: Contemporary
County: Hudson
Exterior Finish: Aluminum/Vinyl, Shingle
Heating/Cooling: A/C Window, Gas
Property Subtype: One Family
Property Type: Single Family

Additional

Exclusions: All personal items.
Inclusions: All appliances.
Status Category: Active

Financial Details

Associated Document Count: 3
DOM: 11
HotSheet Date: 2017-05-18
Lease Y/N: no
Sale/Rent: For Sale
Search Price: 325000
Taxes: 6890
Water Sewer Expense: 1500
Water Sewer Expense Year: 2016

Interior Features

Basement: None

Location Information

Between: Kennedy and Bergenline
Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools

External Features

Lot Size: 25 X 100
Parking Available: 3+ Cars

Zoning Info


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Listing courtesy of KELLER WILLIAMS CITY LIFE REALTY (201)-659-8600.
Data services provided by IDX Broker