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810-812 22nd St
Union City, NJ 07087
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Two side-by-side buildings with 18 apartments at 810-812 22nd Street, Union City, NJ.
- All utilities are separated; tenants pay their own heat and hot water, while the landlord covers cold water and sewer.
- Current Net Operating Income (NOI) of $200,334 with a Cap Rate of 6.46%.
- 2 vacant units provide immediate potential for increased returns with a proforma Cap approaching 7.10%.
- Priced at $3,100,000, offering entry into Union City's thriving real estate market.
- Contact Ivan at North Jersey Group to explore this prestigious investment opportunity.
Property Facts
| No. Units | 6 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 6,663 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built | 1900 |
| Zoning | I - commerical | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,663 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | I - commerical |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,775,800 | |
| Land Assessment | $840,000 | Total Assessment | $2,615,800 |
Property Taxes
Parcel Numbers
Land Assessment
$840,000
Improvements Assessment
$1,775,800
Total Assessment
$2,615,800
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