This is your chance to own a spacious property in the vibrant neighborhood of Union City. This is a short sale opportunity to own a multi-family home in Union City, NJ. The property has a huge yard, a finished basement, and is located just one block away from Bergenline Avenue, New York Avenue, and bus stops to New York City. The property is located in an unbeatable location with access to major transportation, buses, trains, and major roads. Buyer will be responsible for removing tenants. Potential rewards for this 3 family property are incredible. With 8 bedrooms and 3 full bathrooms (10 bedrooms and 4 bathrooms if you include the basement), this property has the potential to generate a lot of rental income making it a lucrative investment opportunity. Don't miss out on this incredible opportunity to own a piece of Union City's thriving real estate market.
Property Details
Property Features
Property Information:
Year Built: 1902
Stories: 0
Listing Office:
Office Name: EXP REALTY, LLC
Interior Features
Interior Information:
Basement: No
Interior: Unit 1(2 Bedrooms, 1 Bath), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(3 Bedrooms, Kitchen, 1 Bath, Living Room)
Exterior Features
Parking Information:
Parking: See Remarks, On Street
Lot Features
Lot Information:
Lot: See Remarks
Utilities
Utilities Information:
Heating: Forced Air
School Info
Assigned Schools Information:
Union City High School, Public District Grades 9-12
Emerson Middle School, Public District Grades 6-8
Woodrow Wilson Elementary School, Public District Grades 1-8
Union Hill Middle School, Public District Grades 7-8
Robert Waters Elementary School, Public District Grades PK-6
Price Information
Listing Price Info
Price Summary:
List Price: $740,000
Tax Information:
Annual Amount: $7,693
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Union City, NJ.
This property is $290.1K more than the Median List Price in Union City, NJ.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: CJMLS API
MLS Number: #2405184R
Listing Office:
Office Name: EXP REALTY, LLC
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 19, 2005
Aug 19, 2005Home Sold
$420,000
Jan 06, 2000
Jan 06, 2000Home Sold
$185,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,693
$144,100
2019
$10,043
$144,100
2018
$10,044
$144,100
2017
$9,949
$144,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,761
Per Month
Principal & Interest
$3,694
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,285
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Robert Waters Elementary School
2800 Summit Ave
Distance between this listing and this school0.26 miles
Public District Grades PK-6
Middle School
8
/10
Emerson Middle School
318 18th St
Distance between this listing and this school0.36 miles
Public District Grades 6-8
8
/10
Woodrow Wilson Elementary School
80 Hauxhurst Ave
Distance between this listing and this school0.49 miles
Public District Grades 1-8
7
/10
Union Hill Middle School
3800 Hudson Ave
Distance between this listing and this school0.59 miles
Public District Grades 7-8
High School
2
/10
Union City High School
2500 Kennedy Blvd
Distance between this listing and this school0.30 miles
Public District Grades 9-12
Assigned Schools
7
/10
Robert Waters Elementary School
2800 Summit Ave
Distance between this listing and this school0.26 miles
Public District Grades PK-6
Nearby Schools
5
/10
Jefferson Elementary School
3400 Palisade Ave
Distance between this listing and this school0.39 miles
Public District Grades PK-4
7
/10
Colin Powell Elementary School
1500 New York Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-5
Assigned Schools
8
/10
Emerson Middle School
318 18th St
Distance between this listing and this school0.36 miles
Public District Grades 6-8
8
/10
Woodrow Wilson Elementary School
80 Hauxhurst Ave
Distance between this listing and this school0.49 miles
Public District Grades 1-8
7
/10
Union Hill Middle School
3800 Hudson Ave
Distance between this listing and this school0.59 miles
Public District Grades 7-8
Assigned Schools
2
/10
Union City High School
2500 Kennedy Blvd
Distance between this listing and this school0.30 miles
Public District Grades 9-12
Nearby Schools
8
/10
Jose Marti Freshman Academy
1800 Summit Ave
Distance between this listing and this school0.39 miles
Public District Grades 9-9
4
/10
Weehawken High School
53 Liberty Pl
Distance between this listing and this school0.79 miles
The neighbors living near this home have an average income of $47,375. Most Union City, NJ residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 408 25th St in Union City, NJ and zip code 07087. This home was built in 1902. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $740,000.
The number of listings in Union City, NJ increased by 46.2% between February 2024 and March 2024. In March 2024, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $449,900.
From Rocket Homes Real Estate and based on county public records data.