K
Seller's Agent in 2021
KRISTIN EHRGOTT
COMPASS NEW JERSEY, LLC
608 New York Ave Union City, NJ 07087
Estimated Value: $627,573
2
Beds
1.5
Baths
--
Sq Ft
2,483
Sq Ft Lot
Highlights
- Brownstone
- Living Room
- Baseboard Heating
- Sara M. Gilmore Academy Rated A-
- Dining Room
About This Home
As of February 2021RENTS INCREASED! NEW 1 YEAR LEASES SIGNED SEPT 1, 2020 FOR $42,000 GROSS INCOME, OVER 6% CAP RATE! NO RENT CONTROL! Large mixed-use building on 25x100 lot with 100% lot coverage. 2400 sqft retail space with 12 ft high ceilings on New York Ave with easy access to bus into NYC and major highways, rented $1700 /mo with potential market rent higher with improvements to this space. 2nd floor 2 bedroom apartment recently renovated and rented $1800/mo. Collect immediate income with 6.2% cap rate and hold as an investment or open that business you always wanted. EXEMPT FROM RENT CONTROL AS MIXED USE PROPERTY. CHARGE MARKET RENTS! No Airbnb allowed. Do not disturb tenants. Contact agent for access. Commercial loan or CASH only.
Last Agent to Sell the Property
KRISTIN EHRGOTT
COMPASS NEW JERSEY, LLC License #1007434 Listed on: 06/08/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,000
Lot Details
- Lot Dimensions are 25x100
Home Design
- Brownstone
- Rowhouse Architecture
- Brick Exterior Construction
- Shingle Siding
Interior Spaces
- Multi-Level Property
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
Community Details
- Insurance Expense $2,800
- Water Sewer Expense $200
Listing and Financial Details
- Assessor Parcel Number 464
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2020
Closed on
Jan 26, 2021
Sold by
608 New York Ave Llc
Bought by
Amerikai Holdings Llc
Seller's Agent
KRISTIN EHRGOTT
COMPASS NEW JERSEY, LLC
Buyer's Agent
Sharon Shahinian
BROWN HARRIS STEVENS NEW JERSEY
List Price
$449,000
Sold Price
$438,000
Premium/Discount to List
-$11,000
-2.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,573
Avg. Annual Appreciation
7.80%
Purchase Details
Closed on
Nov 21, 2017
Sold by
Rodriguez Isabel and Rodriguez Rosa
Bought by
608 New York Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 21, 2012
Sold by
Powell Robert and Powell Diane C
Bought by
Rodriguez Israel and Rodriguez Rosa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2011
Sold by
City Properties And Developers Llc
Bought by
Powell Robert and Powell Diane C
Purchase Details
Closed on
Apr 26, 2007
Sold by
Powell Robert and Powell Diane C
Bought by
City Properties & Developers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
6.21%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amerikai Holdings Llc | $438,000 | Lt National Title Services | |
| 608 New York Avenue Llc | $350,000 | Tridient Abstract Title Agen | |
| Rodriguez Israel | $180,000 | Stewart Title Guaranty Compa | |
| Powell Robert | $210,000 | -- | |
| City Properties & Developers Llc | $445,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 608 New York Avenue Llc | $250,000 | |
| Previous Owner | Rodriguez Israel | $150,000 | |
| Previous Owner | City Properties & Developers Llc | $123,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $438,000 | -2.4% | -- |
| 09/10/2020 09/10/20 | Pending | -- | -- | -- |
| 06/08/2020 06/08/20 | For Sale | $449,000 | -- | -- |
Source: Hudson County MLS
Tax History Compared to Growth
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 | $9,046 | $518,300 | $350,000 | $168,300 |
| 2024 | $14,799 | $489,500 | $350,000 | $139,500 |
| 2023 | $14,799 | $192,500 | $117,500 | $75,000 |
| 2022 | $14,266 | $192,500 | $117,500 | $75,000 |
| 2021 | $14,216 | $192,500 | $117,500 | $75,000 |
| 2020 | $14,054 | $192,500 | $117,500 | $75,000 |
| 2019 | $13,141 | $185,000 | $117,500 | $67,500 |
| 2018 | $12,895 | $185,000 | $117,500 | $67,500 |
| 2017 | $12,772 | $185,000 | $117,500 | $67,500 |
| 2016 | $12,747 | $185,000 | $117,500 | $67,500 |
| 2015 | $12,526 | $185,000 | $117,500 | $67,500 |
| 2014 | $12,254 | $185,000 | $117,500 | $67,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sharon Shahinian
Buyer's Agent in 2021
Sharon Shahinian
BROWN HARRIS STEVENS NEW JERSEY
(201) 618-0373
1 in this area
32 Total Sales
Map
Source: Hudson County MLS
MLS Number: 202010228
APN: 10-00026-0000-00017
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