$1,265,000
$1,395,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
56 HAMILTON AVE #4 Fairview, NJ 07022
7 Beds
4 Baths
Key Details
Sold Price $1,265,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 260010319
Sold Date 11/05/26
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
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Bought with KELLER WILLIAMS CITY VIEWS
Will Alfaro
Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178