2-4 Family Home For Sale in Weehawken, NJ
MLS# : 24011203
PROPERTY DETAILS
PROPERTY DESCRIPTION
Don't miss an excellent investment opportunity with this multi-family property in desirable Weehawken. It features low expenses, a new boiler, updated roof, and separate electric and gas meters. There's also an on-site coin-operated laundry and a bonus apartment/in-law suite with separate electric climate control. You can earn a great cap rate with minimal updates to command market rents. For owner-occupants, this is a chance to live in one apartment while collecting rents that cover most of your expenses. Build equity for much less than you'd pay in rent. An oversized yard can be developed to increase the square footage, offering potential for higher rental income. Enjoy hassle-free management with the potential for multi-generational living. Located 1.5 blocks from buses to NYC, you can reach the city in under 20 minutes. Book an appointment today to see this low-maintenance, income-producing gem!
Amenities
Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
This listing is a courtesy of EXP Realty, LLC
(866) 201-6210 office, listing agent Dean Clark
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Weehawken, NJ Real Estate Market
The inspiration behind the name of the township of Weehawken evolved from the Algonquian language Lenape, which is interpreted as ‘Maize Land’ and ‘Rocks that look like trees’, with the latter indicating the Hudson Palisades.
Weehawken got established as a township in 1859 by an act of the New Jersey Legislature, including the portions of North Bergen and Hoboken. However, the actual development in the township began at the beginning of the 20th century, when many residential areas and New Jersey houses replaced the older hotels, estates and theatres. The arrival of European inhabitants further resulted in the development of real estate in this part of Hudson County. In the 20th century, Weehawken became a hub for embroidery factories while remaining a residential township to a large extent.
| Population: | 15,125 |
| Total Housing Units: | 6,804 |
| Single Family Homes: | 1,959 |
| Apartments: | 4,845 |
| General Tax Rate (2021): | 1.574% |
| Effective Tax Rate (2021): | 1.610% |
| Compare To Other Towns |
Weehawken Market Indicators
PRICE INDEX
| Average Price* (12mo): | $968,929 |
| Homes Sold* (12mo): | 18 |
SINGLE FAMILY HOME SALES
Weehawken, NJ
PRICE INDEX
| Average Price* (12mo): | $858,969 |
| Apatments Sold* (12mo): | 56 |
APARTMENT SALES
Weehawken, NJ
REAL ESTATE TAXES
| General Tax Rate (2021): | 1.574% |
| Effective Tax Rate (2021): | 1.610% |
Similar Listings in Weehawken
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 04/30/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
