$825,000
PENDING

516 51st St West New York, NJ 07093

Estimated payment $5,709/month

Total Views 3,744
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Living Room
  • 3-minute walk to Bergenline Avenue
  • Baseboard Heating
  • Central Air

About This Home

Potential 7% Cap. Solid investment opportunity for both end-user and investor in a high-demand location near the Light Rail station. This mixed-use property features two commercial spaces—one currently leased to a licensed psychologist (1100 Sq Ft), and the second, a clean and versatile space ideal for professional or medical office use (500 Sq Ft). The property also includes two rented residential units: a 1BR apartment above the doctor's office, and a detached 3BR unit located at the rear of the lot. Strong rental demand and potential for a 6.5% cap rate make this a compelling addition to any investment portfolio and especially if you have a practice and want to live on site. All newer and separate utilities. Central AC/Heat. This property is a well-oiled machine.

Listing Agent

Andrew Sanderson

EXP REALTY LLC License #0791016 Listed on: 04/16/2025

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,825

Lot Details

  • Lot Dimensions are 25 x 112

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $6,000
  • Utility Expense $139
  • Water Sewer Expense $2,808

Listing and Financial Details

  • Legal Lot and Block 29 / 108
  • Assessor Parcel Number 12 00108-0000-00029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,825

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 12 00108-0000-00029
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished, Walk-Out
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 4
  • Total Other Rooms: 2
  • Total Dining Rooms: 1
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • Floor 1 Rent: $2,500
  • Floor 2 Rent: *$1,250
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: $1,200
  • Fourth Floor Bedrooms: 3
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 2
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor4 Other: 2
  • Floor 4 Rent: $1,800
  • Fl3 Rooms: 3
  • Fl4 Rooms: 6

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: None
  • Annual Water Sewer Expense: 2024

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Baseboard, Gas
  • Annual Insurance Expense: 2024
  • Utility Expenses: 139

Fee Information

  • Insurance Expense: 6000
  • Utility Expense Year: 2024
  • Water Sewer Expenses: 2808

Lot Info

  • Geo Address Line: 516 51st St
  • Geo Primary City: West New York
  • Geo Quality: 0.95
  • Geo Update Timestamp: 04/16/2025
  • Geo Zoom Level: 16
  • Lot: 29
  • Lot Size: 25 X 112

Tax Info

  • Year: 2024
  • Taxes: 13825

Map

Range of Values:

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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 $13,283 $167,400 $54,000 $113,400
2023 $13,283 $167,400 $54,000 $113,400
2022 $12,994 $167,400 $54,000 $113,400
2021 $12,871 $167,400 $54,000 $113,400
2020 $12,781 $167,400 $54,000 $113,400
2019 $12,659 $167,400 $54,000 $113,400
2018 $12,600 $167,400 $54,000 $113,400
2017 $12,545 $167,400 $54,000 $113,400
2016 $12,220 $167,400 $54,000 $113,400
2015 $11,986 $167,400 $54,000 $113,400
2014 $11,202 $167,400 $54,000 $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $825,000 -- --
Source: Hudson County MLS

Purchase History

Date Type Sale Price Title Company
Deed $637,000 Commonwealth Land Title Ins
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Commercial
Closed $488,750 Purchase Money Mortgage
Previous Owner $250,000 Fannie Mae Freddie Mac
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

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Source: Hudson County MLS

MLS Number: 250007472

Hudson County MLS

APN: 12-00108-0000-00029