$799,000

Estimated payment $5,260/month

Total Views 154
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Own a versatile, income-generating property with multiple rentable units. Rare investment opportunity: a fully built-out 8-bedroom, 4-bath multi-family home. Perfect for savvy buyers. Offers excellent upside, and each unit features its own living space, eat-in kitchen. Located steps from top schools, local conveniences, and transportation, this property blends daily convenience with long-term investment potential.

Listing Agent

HERNAN CASTRO

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,866

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • On-Street Parking

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2904-00282-0000-00031-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,866

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Unit Style: Fourplex
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 1059
  • Directions: Between Catherine St & Jackson Ave
  • I D: 5380043
  • Modified: 2025-08-22
  • Number Images: 27
  • Attribution Contact: 908-686-7800
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 16
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 4+ Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X124
  • Assessed Improvement Value: 421400
  • Assessed Land Value: 143400
  • Assessment: 564800
  • Easement: Unknown
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10866
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00282-0000-00031-0000-
  • Tax Rate Amount: 1.924
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,106 $564,800 $143,400 $421,400
2023 $13,106 $41,700 $8,200 $33,500
2022 $8,807 $28,800 $8,200 $20,600
2021 $8,625 $28,800 $8,200 $20,600
2020 $8,430 $28,800 $8,200 $20,600
2019 $8,301 $28,800 $8,200 $20,600
2018 $8,220 $28,800 $8,200 $20,600
2017 $7,991 $28,800 $8,200 $20,600
2016 $7,992 $28,800 $8,200 $20,600
2015 $7,517 $28,800 $8,200 $20,600
2014 $7,291 $28,800 $8,200 $20,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $799,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $662,500 Fidelity National Title
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,499 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3982600

Garden State MLS

APN: 04-00012-0000-00893