Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    321 49th St, Unit REAR Union City, NJ 07087-5197
    Back to Search
    Property profile & analytics

    321 49th St, Unit REAR, Union City, NJ 07087-5197

    View on Map
    • Residential income homes
    • 2,750 SF
    • 0.05 lot acres
    Off-Market
    Property ID
    US59-0731138
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motivate gym / Pharmacy / (Bike/Boat/Book/etc) Store

    Property Details for 321 49th St

    Year built
    1894
    Construction
    FRAME
    Lot size
    0.05 lot acres
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    10 00280-0000-00036
    APU
    1000280000000036

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2003 — Hilda Briceno Bricena,amanda S Quit Claim Deed · related $216k · Alterna Mortgage LLP
    Dec 29, 1999 $183,000 Hilda M Rodriguez Metropolitan Capital Asset Mgm Grant Deed —
    Jun 24, 1999 $89,100 Capital Asset Man Metropolitan Elrashedy,amin M & Rosa A Trustees Deed · related —
    — — Briceno,hilda M — Deed Of Trust · related $323k · Freedom Bk
    — — Briceno,hilda M — Deed Of Trust · related $182k · Freedom Bk
    — — Hilda M Briceno — Deed Of Trust · related $250k · Bank Of America
    — — Hilda M Briceno — Deed Of Trust · related $506k · Freedom Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $330,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $765,000
      6.5%
      $710,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $686,000
      Market price range: $633k - $1.05M
      AI Estimate
      $327,000
      Market price range: $194k - $440k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $700,000
      Current use
      COMMERCIAL (GENERAL)
      $620,000
      Change: -12% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0204
    Latitude
    40.7815
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $13,209
    $106,200
    $78,800
    $185,000
    -
    $106,200
    $78,800
    $185,000

    Comparable in this City

    • Value Estimation by Request
      2,475 SF

      520 21st St

      APARTMENT HOUSE (UNDER 5 UNITS)
      520 21st St, Union City, NJ 07087-3331
      View Details
    • Value Estimation
      $715,000
      4,292 SF

      513 10th St, Unit 15

      APARTMENT HOUSE (UNDER 5 UNITS)
      513 10th St, Union City, NJ 07087-3001
      View Details
    • Value Estimation
      $525,000
      2,288 SF

      717 30th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      717 30th St, Union City, NJ 07087-2358
      View Details
    • Value Estimation by Request
      2,592 SF

      621 38th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      621 38th St, Union City, NJ 07087-2558
      View Details
    • Value Estimation
      $550,000
      3,042 SF

      310 4th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      310 4th St, Union City, NJ 07087-5465
      View Details
    • Value Estimation by Request
      2,658 SF

      508 16th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      508 16th St, Union City, NJ 07087-6859
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Union City Multifamily Investment Opportunity

      Legal 6-family building with owner's unit and private yard.
      310 28Th St, Union City, NJ 07087
      View Details
    • $799,000

      Multifamily Investment Opportunity

      Six-unit property with upside potential in a growing area.
      109 33Rd St, Union City, NJ 07087
      View Details
    • Contact for pricing

      Fully Occupied Multifamily Investment Opportunity

      12 fully occupied units, a great investment opportunity.
      1615 Palisade Ave, Union City, NJ 07087
      View Details
    • $799,000

      Union City Apartment Building Investment

      Six-unit apartment building near Bergenline Avenue in Union City.
      711 25Th St, Union City, NJ 07087
      View Details
    • Contact for pricing
      2,500 SF

      Union City Multifamily Investment

      Six-unit multifamily property in Union City, New Jersey.
      711 25Th St, Union City, NJ 07087
      View Details
    • Contact for pricing

      Fully Occupied Multifamily Investment

      Twelve fully occupied units, a great investment opportunity.
      1615 Palisade Ave, Union City, NJ 07087
      View Details

    Similar Nearby for Lease

    • $2,250 /Mo
      Pending

      Union City Renovated Apartment Rental

      Renovated 2-bedroom apartment with NYC views and convenient location.
      201 16Th St, Union City, NJ 07087
      View Details
    • Contact for pricing

      Upscaled Retail Space Available

      Retail space for lease, 3,500 sqft available on the 1st floor.
      3908 Bergenline Ave, Union City, NJ 07087
      View Details
    • $10,000 /Mo

      Union City Office/Retail Space

      Renovated street-level space ideal for office or retail use.
      509-11a 45Th St, Union City, NJ 07087
      View Details
    • Contact for pricing

      Union City Office Space Available

      Recently renovated office space in high-visibility Union City location.
      1019 Summit Ave, Union City, NJ 07087
      View Details
    • Contact for pricing

      Modern Office Suite on Bergenline

      High-visibility office suite on Bergenline Avenue, Union City.
      4313 Bergenline Ave, Union City, NJ 07087
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    321 49th St, Unit REAR
    Union City, NJ 07087-5197
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    321 49th St, Union City, NJ, 07087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!