Log In/Sign Up
Your email has been sent.
603 11th Street, Union City, NJ. 07087 603 11th St 4 Unit Apartment Building $748,000 ($187,000/Unit) 5.58% Cap Rate Union City, NJ 07087
Investment Highlights
- Prime location close to NYC transportation, Solid masonry building, 25'x100.4' lot size.
Executive Summary
CALLING ALL INVESTORS!! A true BRICK 4-family building on the border of Jersey City Heights. The property consists of (3) 1-bedroom apts, and (1) 2-bedroom apt with a large private backyard. Strong rental income and low separated utilities. Extra-large lot coverage (25'x100.04'). Well maintained and renovated property with "value add" potential, or a condo conversion opportunity. Please call/text for income/expenses & showings. This property may qualify for Fannie Mae's low down payment loan program (consult your lender).
Unit #1 month to month
Unit #2 lease ends 4/30/25
Unit #3 month to month
Unit #4 lease ends 2/29/2025
Virtual Tour: https://tour.vht.com/434418721/603-11th-st-union-city-nj-07087/3dtour/idx
Unit #1 month to month
Unit #2 lease ends 4/30/25
Unit #3 month to month
Unit #4 lease ends 2/29/2025
Virtual Tour: https://tour.vht.com/434418721/603-11th-st-union-city-nj-07087/3dtour/idx
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$65,218
|
$7.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,218
|
$7.18
|
| Taxes |
$11,491
|
$1.27
|
| Operating Expenses |
$12,019
|
$1.32
|
| Total Expenses |
$23,510
|
$2.59
|
| Net Operating Income |
$41,708
|
$4.59
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $65,218 |
| Annual Per SF | $7.18 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $65,218 |
| Annual Per SF | $7.18 |
| Taxes | |
|---|---|
| Annual | $11,491 |
| Annual Per SF | $1.27 |
| Operating Expenses | |
|---|---|
| Annual | $12,019 |
| Annual Per SF | $1.32 |
| Total Expenses | |
|---|---|
| Annual | $23,510 |
| Annual Per SF | $2.59 |
| Net Operating Income | |
|---|---|
| Annual | $41,708 |
| Annual Per SF | $4.59 |
Property Facts Under Contract
Amenities
Unit Amenities
- Cable Ready
- Heating
- Hardwood Floors
- Range
- Tub/Shower
- Yard
- Dining Room
- Double Pane Windows
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Individual Locking Bedrooms
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,193 | - |
| 2+1 | 1 | $1,700 | - |
1 1
Walk Score®
Walker's Paradise (96)
Property Taxes
| Parcel Number | 10-00046-0000-00017 | Total Assessment | $876,300 (2025) |
| Land Assessment | $276,800 (2025) | Annual Taxes | $11,491 ($1.27/SF) |
| Improvements Assessment | $599,500 (2025) | Tax Year | 2024 Payable 2024 |
Property Taxes
Parcel Number
10-00046-0000-00017
Land Assessment
$276,800 (2025)
Improvements Assessment
$599,500 (2025)
Total Assessment
$876,300 (2025)
Annual Taxes
$11,491 ($1.27/SF)
Tax Year
2024 Payable 2024
1 of 49
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
603 11th Street, Union City, NJ. 07087 | 603 11th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.