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811 30th St 6 Unit Apartment Building $1,490,000 ($248,333/Unit) 6.07% Cap Rate Union City, NJ 07087
Executive Summary
Location! Location! Location! The address is also known as 811 30th Street This mixed-use property features four residential one-bedroom units and two commercial units, including a Zumba school and a religious facility. Generating a gross income of $126,700 with expenses of $36,240 and a NOI of $90,460, it offers strong income-producing potential. It provides prime transportation access to New York City, with NJ Transit buses and shuttles stopping directly in front of the building. Renovated in 2011 with updated electrical and plumbing systems, the property is also connected to a central station alarm service. Additionally, it features a backyard facing 30th Street that can potentially be converted into a parking area, subject to township approvals and permissions. A rare investment opportunity combining steady income in a highly desirable, transit-accessible location. https://2913jeannettestreet.my.canva.site/
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 10-00157-0000-00021 | Improvements Assessment | $715,400 (2025) |
| Land Assessment | $425,500 (2025) | Total Assessment | $1,140,900 (2025) |
Property Taxes
Parcel Number
10-00157-0000-00021
Land Assessment
$425,500 (2025)
Improvements Assessment
$715,400 (2025)
Total Assessment
$1,140,900 (2025)
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811 30th St
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