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612 12th St

Union City, NJ 07087
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Bed 8

Bed

Bath 8

Bath

Incredible investment opportunity for a truly turnkey property in a prime location. Built in 2018, this property consists of four spacious two-bedroom, two-bathroom units, generating an impressive $104,535 in net annual income with a CAP rate of approx. 5.8%. Each unit has separate utilities, with tenants responsible for their own water, gas, electricity, and sewer expenses. The total building spans 8,286 square feet, with individual apartment sizes ranging from 1,076 to 1,235 square feet, situated on a lot measuring 25 x 178. This property offers 6 dedicated parking spaces, ensuring each unit has its own assigned spot, while one unit also feature a private patio. Moreover, any unused parking spots present an excellent opportunity for additional rental income. These modern apartments boast individual washers and dryers, red oak hardwood flooring, central heating and air conditioning, granite countertops, stainless steel appliances, and granite counters and mosaic tile in the kitchens and classic subway tile in the bathrooms. The building is equipped with a central reporting fire alarm, security systems, and a whole building sprinkler system. The building also includes a full-time, live-in superintendent available 24/7 to promptly address any tenant concerns or maintenance issues. This dedicated professional ensures the building is consistently well-maintained, offering residents peace of mind and exceptional service at all times. By having the superintendent on-site, the owner experiences no burden or worries, knowing that the property is in capable hands. Conveniently located near major highways (Route 3, 495, & 9) and public transportation options, including bus service to Port Authority that takes less than 30 minutes, this property is also close to parks, restaurants, shopping, and grocery stores. Union City is an outstanding investment area, and finding a property in such exceptional condition is a rare opportunity.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,799,000

AD Id : 90502017

MLS Id : 260017153

Beds : 8

Tax Amount : 27873.00

Year Built : --

County : Hudson

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Full Baths: 8
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air, Hot Water Has Cooling: Yes Cooling: Central Air

  • Building Information

    Construction Materials: Brick, Wood Siding Private Pool: No

  • Listing Price Information

    Listing Price: $1799000

  • Tax Information

    Tax Lot: 42 Annual Tax: $27873

  • Garage Information

    Has Garage: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
202 41st St, Union City, NJ, 07087 $1,499,000 8 5 -- --
3414 Hudson Ave, Union City, NJ, 07087 $1,599,000 9 6 -- --
510 Lincoln St, Union City, NJ, 07087 $1,200,000 7 3 -- --
3507 New York Ave, Union City, NJ, 07087 $995,000 5 3 -- --
507 32nd St, Union City, NJ, 07087 $1,600,000 -- -- -- --
1515 Manhattan Ave, Union City, NJ, 07087 $599,000 -- -- -- --
2305 New York Ave, Union City, NJ, 07087 $1,090,000 6 3.5 -- --
1709 Palisade Ave, Union City, NJ, 07087 $849,000 6 3 -- --
414 24th St, Union City, NJ, 07087 $1,200,000 6 2 -- --
609 38th St, Union City, NJ, 07087 $875,000 6 3 -- --

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ByOwner last updated this listing 09/08/2026 @ 17:39

MLS: 260017153 LISTED BY: WESTLEY PAGE, BROWN HARRIS STEVENS NEW JERSEY 201-478-6700 SOURCE: Hudson County MLS

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