123 47th St Union City, NJ 07087
Estimated payment $7,029/month
About This Home
Nestled in the vibrant heart of Union City, this well-maintained six-family property at 123 47th Street offers an outstanding investment opportunity. The building features a highly desirable unit mix of three spacious two-bedroom, one-bath apartments and three well-appointed three-bedroom, one- bath apartments, catering to a broad range of tenants and ensuring consistent rental demand. A rare find in this bustling urban location, the property includes tandem parking for two vehicles, providing exceptional convenience for residents. Each unit benefits from separately metered gas and electric utilities, helping reduce operating expenses and simplify management. With its prime location, strong tenant appeal, and solid income potential, 123 47th Street represents an ideal addition to any investment portfolio.
Property Details
Property Type
- Other
Est. Annual Taxes
- $16,423
Home Design
- Flat Roof Shape
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $16,423 | $888,700 | $360,000 | $528,700 |
| 2024 | $14,723 | $888,700 | $360,000 | $528,700 |
| 2023 | $14,723 | $191,500 | $97,400 | $94,100 |
| 2022 | $14,192 | $191,500 | $97,400 | $94,100 |
| 2021 | $14,142 | $191,500 | $97,400 | $94,100 |
| 2020 | $13,981 | $191,500 | $97,400 | $94,100 |
| 2019 | $13,602 | $191,500 | $97,400 | $94,100 |
| 2018 | $13,348 | $191,500 | $97,400 | $94,100 |
| 2017 | $13,221 | $191,500 | $97,400 | $94,100 |
| 2016 | $13,194 | $191,500 | $97,400 | $94,100 |
| 2015 | $12,478 | $191,500 | $97,400 | $94,100 |
| 2014 | $12,200 | $191,500 | $97,400 | $94,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2025 12/18/25 | For Sale | $1,075,000 | -- | -- |
Source: New Jersey MLS
MLS Number: 25043431
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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