S
Seller's Agent in 2023
Salvatore Scarpato
Scarpato Real Estate
(201) 240-3289
24 Total Sales
136 40th St Union City, NJ 07087
Union City Area
--
Bed
6
Baths
--
Sq Ft
--
Built
About This Home
As of December 2023Impeccably 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***
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,816
Home Design
- Flat Roof Shape
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2022
Closed on
Dec 27, 2023
Sold by
Bought by
Seller's Agent
Salvatore Scarpato
Scarpato Real Estate
Buyer's Agent
Salvatore Scarpato
Scarpato Real Estate
List Price
$999,000
Sold Price
$700,000
Premium/Discount to List
-$299,000
-29.93%
Purchase Details
Closed on
Sep 22, 2016
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $700,000 | Old Republic Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $450,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2023 12/27/23 | Sold | $700,000 | -29.9% | -- |
| 12/22/2023 12/22/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $999,000 | +42.7% | -- |
| 05/01/2023 05/01/23 | Off Market | $700,000 | -- | -- |
| 01/04/2023 01/04/23 | Price Changed | $999,000 | -16.7% | -- |
| 08/26/2022 08/26/22 | For Sale | $1,199,000 | -- | -- |
Source: New Jersey MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,060 | $692,400 | $360,000 | $332,400 |
| 2025 | $12,060 | $652,600 | $360,000 | $292,600 |
| 2024 | $12,301 | $593,300 | $360,000 | $233,300 |
| 2023 | $12,301 | $160,000 | $105,000 | $55,000 |
| 2022 | $11,858 | $160,000 | $105,000 | $55,000 |
| 2021 | $11,816 | $160,000 | $105,000 | $55,000 |
| 2020 | $11,682 | $160,000 | $105,000 | $55,000 |
| 2019 | $11,365 | $160,000 | $105,000 | $55,000 |
| 2018 | $11,152 | $160,000 | $105,000 | $55,000 |
| 2017 | $11,046 | $160,000 | $105,000 | $55,000 |
| 2016 | $11,024 | $160,000 | $105,000 | $55,000 |
| 2015 | $10,426 | $160,000 | $105,000 | $55,000 |
| 2014 | $10,194 | $160,000 | $105,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Salvatore Scarpato
Map
Source: New Jersey MLS
MLS Number: 22031820
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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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