2-4 Family Home For Sale in Weehawken, NJ
MLS# : 240006996
PROPERTY DETAILS
PROPERTY DESCRIPTION
OPEN HOUSE 4/28 12-3 PM.....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
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent DEAN CLARK
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% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
