388-398 Union Street
- Building consists of twelve ±790 SF one bedroom, one bathroom apartments
- New appliances
- Most apartments renovated with new bathrooms, kitchens and granite countertops
- Recent renovations make upgraded units easy to turn over
- All units have both a front entrance and rear terrace
- Laundry facility and individual storage spaces on premise
- Newly paved parking lot
- Quiet neighborhood with onsite and offsite parking
- Tenants pay all utilities, except for water
- Property tax $35,404 (2025)
- Owners are NJ Licensed Real Estate Brokers
Property Description
Attractive, fully leased ±9,478 SF brick-faced apartment building situated on ±0.32 acres. Property features 12 well-maintained residential units.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,800,000 |
| No. of Units: | 12 |
| Year Built: | 1968 |
| Opportunity Zone: | No |
| Price per unit: | $233,333 |
| Property Website | Click Here |
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