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Sold for $700,000 on 12/27/23
  • $700,000

    136 40th St, Union City, NJ 07087

    --beds
    --baths
    --sqft
    Mixed Use
    Built in ----
    -- sqft lot
    $798,500 Zestimate®
    $--/sqft
    $3,317 Estimated rent

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    $3,317/mo

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    $3,317/mo

    Rent Zestimate®

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    $4,681/mo

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    $4,681/mo

    Est. payment

    What's special

    Impeccably maintained 6 unit investment property in PRIME location of Union City only one block from Park Avenue. Building features (5) one bedroom units and (1) two bedroom unit with separate heat, hot water and electric for each apartment. Property includes 4 detached garages + 1 additional parking space for personal or commercial sized vehicle and coin operated washers & dryer for additional bonus income. Conveniently located walking distance to schools, shopping/supermarket, bus stop and only 2 miles from the Lincoln Tunnel for easy access to NYC. ***Property currently grosses $90,000k+ yearly with current rent roll. With garages and parking rented at market price, property grosses $95,000+ yearly***

    Zillow last checked: 7 hours ago

    Listing updated: January 12, 2025 at 01:53pm

    Listed by:

    Salvatore Scarpato 201-868-7300,

    Scarpato Real Estate

    Bought with:

    Salvatore Scarpato

    Scarpato Real Estate

    Scarpato Real Estate

    Source: NJMLS,MLS#: 22031820MLS Logo

    Facts & features

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Materials
    • Roof: Flat

    Utilities & green energy

    • Water: Munincipal Water

    Community & neighborhood

    Location
    • Region: Union City

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
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    Estimated market value
    $798,500