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123 47th St, Union City, NJ, 07087

$1,200,000

Home List Price

$10,000*

Closing Credit

15 Bedrooms
6 Full Baths
Multi

Location

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123 47th St, Union City$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage3 spaces
HeatingBaseboard
BasementYes
MLS #240020826
StatusActive
(ACTIVE)

About 123 47th St

Location Location Location! Prime investment opportunity in the heart of Union City. 6-unit multifamily. 15 bedrooms and 6 baths. Directly across the Hudson River from Manhattan. Excellent public transportation options. Close proximity to the Lincoln Tunnel. Near to the train stations for easy commuting community NYC. This property offers a unique opportunity to invest in a thriving, diverse community with strong ties to New York City, promising steady rental income and potential for appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: Other-See Remarks

Listing Office:

  • Office Name: REMAX PREMIER
  • Office Phone: (908) 754-1500

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 15

Exterior Features

Parking Information:

  • Garage Space: 3 spaces

Utilities

Utilities Information:

  • Heating: Baseboard

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000

Tax Information:

  • Annual Amount: $10,194
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Union City, NJ.

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Union City, NJ

City

Med. Sold Price

$459.5K

Med. Price/SqFt

$436

Avg. Days On Market

53

# of Sold Homes

18

123 47th St vs Union City

35 DAYS ON ROCKET

-18 Days

$1,200,000

+$740.5K More

KEY TAKEAWAY

This property is $740.5K more than the Median Sold Price in Union City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240020826

Listing Office:

  • Office Name: REMAX PREMIER
  • Office Phone: (908) 754-1500

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 28, 2007Home Sold
$450,000
Jul 02, 1996Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,194$191,500
2019$13,347$191,500
2018$13,348$191,500
2017$13,221$191,500

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4314040
7
/10

  • Theodore Roosevelt Elementary School

  • 4507 Hudson Ave

  • 0.09 miles

  • Public District Grades PK-6

school-card-donut-4314041
5
/10

  • Theodore Roosevelt Elementary School

  • 1 Louisa Pl

  • 0.21 miles

  • Public District Grades 3-6

school-card-donut-4314042
6
/10

  • Public School #2

  • 5200 Broadway

  • 0.29 miles

  • Public District Grades EE-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,233. The majority of Union City, NJ residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Union City›07087›123 47th St

This home is located at 123 47th St in Union City, NJ and zip code 07087. Features: 15 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,200,000.

While more than 7 listings in Union City, NJ in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Union City, NJ decreased by 16.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 53 days, the median list price was $459,500.

From Rocket Homes Real Estate and based on county public records data.

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