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Home For Sale In Union City, New Jersey

532 23rd St, Union City, New Jersey, 07087

Home For Sale In Union City, New Jersey

house for sale

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Listed: 05/26/24

532 23rd St, Union City, New Jersey, 07087

9 Bed:

4 Bath:

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Price

$ 999,999

About This House

With great pleasure let me introduce you to 532 23rd st in Union City! This all Brick 3 family home is the opportunity so many investors have been searching for in this low inventory market. At its current rents, this investment property performs at a 5.8% cap rate with the opportunity for much more. Being located in such a renter demanded community and having public transportation to NYC, Hoboken, Jersey City only steps away, this property has all components of long-term success. All three units include 3 bed, 1 bath, kitchen, dining area, a large living room and high ceilings throughout. Unit 1 has its own outdoor space. There is a 2 car garage and a full partially finished basement with massive potential.

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Original listing

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Union City Housing & Living

Household Income

Median household income: $43,424

Number of households: 23,515

The average household income in Union City, NJ grew from $42,483 to $43,424 in the past year. This data is an estimate based upon 23,515 households in Union City, NJ.
The chart below presents how household income is distributed in Union City, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Union City, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Union City, NJ equals $3k+ , which is more than the national average.