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Off market
    • $978,600

    420 16th St, Union City, NJ 07087

    9beds
    3,128sqft
    MultiFamily
    Built in 1893
    -- sqft lot
    $978,600 Zestimate®
    $313/sqft
    $2,479 Estimated rent

    Home value

    $978,600

    $891,000 - $1.08M

    $2,479/mo

    Zestimate® history
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    Owner options

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    $2,479/mo

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    $2,479/mo

    Rent Zestimate®

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    $6,880/mo

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    $6,880/mo

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    What's special

    GREAT INVESTMENT OPPORTUNITY! 9% CAP RATE BASED ON PROJECTED RENT & 6% CAP RATE ON ACTUAL INCOME & EXPENSE. This must see 3 Family house comes fully rented and is located in the heart of Union City. The property includes a 2 car driveway and large 500 sq. ft garage. Private outdoor space and bonus carriage house located in the backyard. All units have separate utilities. The home includes 3 boilers, 3 hot water heaters, 3 gas meters and 3 electric meters. Perfect for commuters, only steps to Bergenline Ave and Palisade Ave and minutes to the Lincoln Tunnel. Nearby there are NJ/NYC buses, major shopping centers, and is in a great school district! See attached Income & Expense Statement.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Radiant, Electric, Gas
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood, Laminate
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,128 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    Lot
    • Size: 2,674 Square Feet
    Details
    • Parcel number: 1000087000000025

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1893

    Community & HOA

    Location
    • Region: Union City

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $745,600
    • Annual tax amount: $13,779

    Price history

    DateEventPrice
    12/28/2018Sold$660,000-1.3%$211/sqft
    Source: HCMLS #180016137 Report a problem
    9/9/2018Listing removed$669,000$214/sqft
    Source: COURT STREET PROPERTY GROUP #180016137 Report a problem
    8/22/2018Price change$669,000-4.2%$214/sqft
    Source: COURT STREET PROPERTY GROUP #180016137 Report a problem
    7/15/2018Price change$698,300-2.3%$223/sqft
    Source: BLVD REALTY GROUP #180010313 Report a problem
    6/24/2018Price change$715,000-1.4%$229/sqft
    Source: BLVD REALTY GROUP #180010313 Report a problem
    6/4/2018Price change$725,000+5.2%$232/sqft
    Source: BLVD REALTY GROUP #180010313 Report a problem
    4/5/2018Listed for sale$689,000+322.7%$220/sqft
    Source: Owner Report a problem
    7/7/1997Sold$163,000-1.2%$52/sqft
    Source: Public Record Report a problem
    4/6/1995Sold$165,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,779 +2.2%$745,600 +2.2%
    2024$13,489 +10.2%$729,900 +342.6%
    2023$12,237 +612.2%$164,900
    2022$1,718 +15%$164,900
    2021$1,495 -11.2%$164,900
    2020$1,683 -85.3%$164,900
    2019$11,484 +0.9%$164,900
    2018$11,385 +0.2%$164,900
    2017$11,362 +1.8%$164,900
    2016$11,165 +2.2%$164,900
    2015$10,923 +1.2%$164,900
    2014$10,793 +2.2%$164,900
    2013$10,555 +3.4%$164,900
    2012$10,206 +4.4%$164,900
    2011$9,779 +3.2%$164,900
    2010$9,478 +5%$164,900
    2009$9,027 $164,900
    2008-- $164,900
    2007-- $164,900
    2006-- $164,900
    2005-- $164,900
    2004-- $164,900
    2003-- $164,900
    2002-- $164,900
    2001-- $164,900
    Find assessor info on the county website

    Neighborhood: 07087

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    Estimated market value
    $978,600
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    Estimated market value
    $978,600

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