532 23rd Street

Union City, NJ 07087

$999,999
Price
9
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by DERIK PALMIERI • CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP

Property Details for 532 23rd Street

Architectural Style
Row House, Multi-Level
Type Of Parking
2 Cars, Attached, Garage
Area
Union City
Heating & Cooling
A/C Window, Baseboard, Gas

Location

Listing Courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP, DERIK PALMIERI
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LISTING UPDATED: 05/27/2024 05:43 PM

Property Details for 532 23rd Street

StatusActive
MLS #240009745
Days on Market24
Taxes$18,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 3 Family
Year Built-
Lot Size0.04 AC / 1,815 SF
CountyHudson County

Location

Listing Courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP, DERIK PALMIERI
Add your commute

Building Information for 532 23rd Street

Stories-Residences-Year Built-Building Size-Lot Size0.04 AC / 1,815 SF

Payment Calculator

$6,974 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,517

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 532 23rd Street

Summary
Location and General Information
  • Address: 532 23RD ST
  • Address Number: 532
  • Address Search Number: 532
  • Between: central ave and Bergenline Ave
  • Inclusions: all attached fixtures
  • Street Name: 23RD ST
  • City Name: Union City
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 05-22-2024
  • Tax Year: 2022
  • Taxes: $18,200
Property
Lot Information
  • Block: 128
  • Lot: 19
  • Lot Dimensions: 22 x 82.5
Property and Assessments
  • Associated Document Count: 1
  • Charge: Y
  • Exclusions: tenants personal property
Utilities
  • Water Sewer Expense: $3,600
  • Water Sewer Expense Yr: 2023
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Basement Description: Finished, Partial Finish, Walk-Out
  • Basement Full Baths: 1
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6
  • Fl4 Rooms: 0
  • Floor 1 Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • Floor 1 Full Baths: 1
  • Floor 1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 2380
  • Floor 2 Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Baths: 1
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 2176
  • Floor 3 Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Baths: 1
  • Floor 3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 2380
  • Liberty Lockbox Y/N: No
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Total Other Rooms: 0
  • Num of Baths: 4
  • Half Baths Total: 0
  • Full Baths Total: 4
  • Num Full Baths: 4
  • Num Half Baths: 0
  • Bedrooms Total: 9
Multi Family
Multi-Family Information
  • Insurance Expense: $3,500
  • Insurance Expense Year: 2023

Property History for 532 23rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 532 23rd Street

Taxable ValueLand$60,000Additions$185,600Total$245,600
Tax Record2022$17,536 ($1,461 / month)
Home Facts
Beds3Total Finished SqFt4,583 SqFtAbove Grade Finished SqFt4,583 SqFtStories3Lot Size2,063 SqFtStyleSingle Family ResidenceYear Built1890CountyHUDSONAPN10 00128-0000-00019- 01

Schools near 532 23rd Street

This home is within Union City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 1 to 8
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Robert Waters Elementary School
PublicPK to 6

Sara M. Gilmore Academy
Public1 to 8

Union Hill Middle School
Public7 to 8

Jose Marti Freshman Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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532 23rd Street is a multi-family home for sale in Union City, NJ 07087. This property was listed for sale on May 22, 2024 by CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP, it's currently listed at $999,999. It has been on the market for a total of 24 days and was last sold on March 8, 2019. This listing's school district is Union City School District. Nearby schools include Robert Waters Elementary School, Sara M. Gilmore Academy and Union Hill Middle School. 532 23rd Street is a 9-bed, 4-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP, DERIK PALMIERI

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 06/15/2024 11:56 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.