705 8th St Union City, NJ 07087
Estimated payment $5,924/month
Total Views
3,151
6
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Living Room
- Baseboard Heating
- 4-minute walk to Police Memorial Park
- Sara M. Gilmore Academy Rated A-
About This Home
Don't miss this opportunity to own a fully renovated three-family home in Union City! Enter into each of these newly updated units and you are welcomed with a bright living room, gorgeous hardwood floors, and an open-concept right into the eat-in kitchen. The kitchens boast modern finishes, including white cabinets, a breakfast bar, and stainless steel appliances. Each unit has 2 sizable bedrooms, and 1 updated bathroom. Unit 1 is rented for $2,500 and the lease was renewed on May 1. Units 2 and 3 are each rented for $2,000, with leases ending in August. Potential to increase rental income to market value! Separate utilities, with new hot water heaters and furnaces, and a newer roof. Near public transportation to NYC, access to major highways, schools, shops/restaurants, and more! Also buyer can assume the mortgage and the 2.5% interest rate if they meet the lender’s assumption requirements! Seller pays water and sewer but tenants pay electric,heat, and hot water since each unit has their own boiler and water heater.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,757
Lot Details
- Lot Dimensions are 25x100
Home Design
- Aluminum Siding
Interior Spaces
- Multi-Level Property
- Living Room
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
Utilities
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 22 / 33
Map
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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 | $12,757 | $705,000 | $276,800 | $428,200 |
| 2024 | $17,782 | $690,300 | $270,000 | $420,300 |
| 2023 | $17,782 | $231,300 | $85,500 | $145,800 |
| 2022 | $17,142 | $231,300 | $85,500 | $145,800 |
| 2021 | $10,184 | $137,900 | $85,500 | $52,400 |
| 2020 | $10,068 | $137,900 | $85,500 | $52,400 |
| 2019 | $9,795 | $137,900 | $85,500 | $52,400 |
| 2018 | $9,612 | $137,900 | $85,500 | $52,400 |
| 2017 | $9,521 | $137,900 | $85,500 | $52,400 |
| 2016 | $9,501 | $137,900 | $85,500 | $52,400 |
| 2015 | $8,986 | $137,900 | $85,500 | $52,400 |
| 2014 | $8,786 | $137,900 | $85,500 | $52,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $899,000 | +26.8% | -- |
| 02/05/2021 02/05/21 | Sold | $709,000 | -2.9% | -- |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | Price Changed | $729,900 | -2.7% | -- |
| 09/21/2020 09/21/20 | Price Changed | $749,900 | -2.6% | -- |
| 08/29/2020 08/29/20 | Price Changed | $769,900 | -2.4% | -- |
| 08/14/2020 08/14/20 | Price Changed | $789,000 | -3.8% | -- |
| 08/01/2020 08/01/20 | For Sale | $819,900 | -- | -- |
Source: Hudson County MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $709,000 | Property Title Group Llc | |
| Deed | $275,000 | None Available | |
| Bargain Sale Deed | $415,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $696,158 | FHA | |
| Previous Owner | $332,000 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $207,000 | Unknown | |
| Previous Owner | $199,750 | Unknown | |
| Previous Owner | $148,750 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
-
$749,000
- 6 Beds
- 3 Baths
- 1010 Paterson Plank Rd
- North Bergen, NJ
Prime Location! Excellent opportunity to acquire a well-maintained 2 Family home situated in a convenient area of North Bergen. Features original hardwood floors & a finished walk-out basement with washer/dryer hookup. The 1st floor includes a 2-bdrm apt with an eat-in kitchen that grants access to a spacious deck. The sizable living area has been adapted into a combined dining & living space,
Jamillet Delienne Century ACV LLC
Source: Hudson County MLS
MLS Number: 250016226
APN: 10-00033-0000-00022
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