56 HAMILTON AVE  #4, Fairview, NJ 07022
56 HAMILTON AVE  #4, Fairview, NJ 07022
56 HAMILTON AVE  #4, Fairview, NJ 07022
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$1,395,000
Est. payment /mo
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7 Beds
4 Baths
Price Dropped by $80K

56 HAMILTON AVE #4 Fairview, NJ 07022

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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260010319

Bedrooms 7

Full Baths 4

HOA Fees $2/mo

Annual Tax Amount $21,045

Tax Year 2025

Lot Dimensions 25 X 100

Property Sub-Type 4 Family

Property Description

4 FAMILY WITH A 7.6% CAP RATE, THIS PROPERTY WAS REMODELED FROM GUT TO STUD ABOUT 6 YEARS AGO, NEW ELECTRICITY, NEW PLUMBING, NEWER ROOF, NEW SHEETROCK, PROPERTY HAS SEPARATE UTILITIES, TENANTS PAY HEAT & HOT WATER, FIRST FLOOR FEATURES 2 APTS, ONE HAS A TWO BEDROOM UNIT AND THE OTHE APT HAS A 1 UNIT APT. SECOND FLOOR HAS 3 BEDROOMS. 1 FB. 3RD FLOOR HAS 2 BEDROOMS, FULL BATH, DECK WITH PARIAL NYC VIEW, NYC TRANSPORTATION 1 BLOCK AWAY. NEXT TO NORTH HUDSON PARK.EXPENSES= water & sewer $4,800, insurance $6,000. taxes $21,045, total expenses, $31,845. total income $11,500 x 12=$138,000 net income $106,155.00

Location

State NJ

County Bergen

Area Fairview

Rooms

Basement Finished, Full

Interior

Heating Hot Air, A/C Window, Baseboard, Gas

Cooling Hot Air, A/C Window, Baseboard, Gas

Exterior

Exterior Feature Stucco

Parking Features None


Listed by HP PROPERTIES
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Rich Kim

Rich Kim

Agent | License ID: 1649516

+1(551) 218-1800

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56 HAMILTON AVE #4