MLS# : 240000737
Introducing an unparalleled investment opportunity in the heart of Union City. This exclusive offer 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, this asset boasts a central location that enhances its attractiveness to both residents and potential investors. From spacious 1 bedrooms to multi-bedroom units, this caters to a wide range of tenants, ensuring consistent rental income. Ideal for those looking to optimize their investment portfolio, this property offers 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. This property provides a resilient and lucrative investment avenue. The Union City market, coupled with its proximity to New York City, positions this asset as a reliable source of passive income.
This listing is a courtesy of SYNERGY REALTY GROUP
201-861-5504 office, listing agent MARCELO MOYA
Population: | 65,551 |
Total Housing Units: | 22,411 |
Single Family Homes: | 5,756 |
Apartments: | 16,655 |
General Tax Rate (2023): | 7.438% |
Effective Tax Rate (2023): | 2.161% |
Compare To Other Towns |
Average Price* (12mo): | $415,093 |
Apatments Sold* (12mo): | 133 |
Homes : | $489,000 - 998,000 | 6 avail |
Condos : | $85,000 - 1,399,999 | 53 avail |
Co-ops : | $248,000 - 589,900 | 15 avail |
Twnhs : | $489,000 - 489,000 | 1 avail |
2-4 Fam : | $550,000 - 1,899,000 | 22 avail |
5+ Fam : | $849,000 - 1,999,000 | 8 avail |
Land : | $400,000 - 999,000 | 3 avail |
Rentals : | $2,100 - 5,000 | 14 avail |
Mixd Use : | $825,000 - 2,650,000 | 15 avail |
Com S : | - | |
Com L : | - | |
Biz : | $81,900 - 250,000 | 3 avail |
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
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All information deemed reliable but not guaranteed. Last date updated: 11/21/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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