CONFIDENTIALITY DISCLAIMER NOTICE - ?· CONFIDENTIALITY DISCLAIMER NOTICE ***The information contained…

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  • CONFIDENTIALITY DISCLAIMER NOTICE

    ***The information contained in this offering memorandum is confidential and for the strict use and review of the person receiving it directly from Century 21 Semiao & Associates. Such information does not substitute an appraisal or a thorough due diligence. Century 21 Semiao & Associates believes the information provided is from reliable sources, but does not make any guarantees. All potential buyers must take appropriate measures to verify all the information set forth herein***

    Page 1

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

  • NORTH JERSEY RESIDENTIAL PORTFOLIO

    Century 21 Semiao & Associates retains the exclusive right to sale this class A portfolio of 15 residential properties across Northern New Jersey.

    The properties are scattered around Hudson, Bergen and Passaic county. All units are 100% occupied offering over $370,000 in yearly income.

    The current market value of the portfolio is almost $4.5M, but it is being offered at a packaged as-is sale price of $3,950,000. *Price can be adjusted if buyer uses seller financing*

    Page 2

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    For More Information, Please Contact: Wendy Ortega Director of Marketing and Urban Development / Sales Associate Office: 973.344.2100 Mobile: 862.239.2924 E-mail: Wendynjrealestate@gmail.com

    Total Units 15

    Price $3,950,000

    Yearly Income $374,310

    Expenses $186,558

    Occupancy 100%

  • Page 3

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    SUMMARY OF PORTFOLIO VALUATION

    Property Address Property

    Type # of

    beds # of

    baths Square

    Feet Year built

    Current Market Value

    Current Rental

    income Current Taxes

    HOA Fees

    1 Michael Ln, Wallington town-house 2 2.5 1,500 2007 $321,000.00 $2,100.00 $6,940.62 $315.00

    3 Michael Ln, Wallington town-house 2 2.5 1,488 2007 $321,000.00 $1,750.00 $7,051.39 $315.00

    5 Michael Ln, Wallington town-house 2 2.5 1,488 2007 $321,000.00 $2,235.00 $7,051.39 $315.00

    11 Michael Ln, Wallington town-house 2 2 1,500 2007 $321,000.00 $2,200.00 $6,940.62 $315.00

    15 Michael Ln, Wallington town-house 2 2.5 1,500 2007 $321,000.00 $2,074.00 $6,940.62 $315.00

    21 Michael Ln, Wallington town-house 2 2.5 1,488 2007 $321,000.00 $2,074.00 $7,051.39 $315.00

    30 - 01 Federal Hill, Pompton Lakes town-house 2 2.5 n/a 2006 $248,000.00 $2,060.00 $8,294.87 $275.00

    30 - 11 Federal Hill, Pompotn Lakes town-house 2 2.5 n/a 2006 $248,000.00 $2,000.00 $8,865.74 $275.00

    318 54th St, unit 1K West New York condo 1 1 581 2,007 $145,250.00 $1,257.00 $4,076.74 $248.34

    318 54th St,Unit 2B West New York condo 2 1 776 2,007 $194,000.00 $700.00 $4,496.40 $248.34

    318 54th St, unit 2H West New York condo 1 1 637 2,007 $159,250.00 $1,300.00 $749.40 $248.34

    512 Rd 3rd Ave, Lyndhurst 2-family 2 1.5 1,996 1,927 $450,000.00 $3,261.00 $9,358.63 $0.00

    2505 Palisade Ave, Union City 2-family 5 3 2,925 1,898 $550,000.00 $2,731.00 $7,594.40 $0.00

    54 Polifly Rd unit 505, Hackensack condo 2 2 1,367 2007 $280,000.00 $2,250.00 $8,564.82 $425.00

    54 Polifly Rd unit 506, Hackensack condo 2 2 1,367 2007 $280,000.00 $2,100.00 $8,564.82 $425.00

    Totals: $4,480,500.00 $374,310.00 $102,542.00 $48,420.24

    **Current market values were closely analyzed by our local Sales Associates. Such prices are for the sale Of each property individually in the open market**

  • Subject Property

    Comparables

    Page 4

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    Rent/Month: Unit 505: $2,280/mo Unit 506: $2,100/mo Estimated market value (per unit): $280,000

    Address

    Sale Price

    Days on Market

    Sale Date

    Unit 108 279,900 31 12/6/17

    Unit 209 280,000 89 9/15/17

    54 POLIFLY RD, HACKENSACK, NJ

  • 30 FEDERAL HILL RD, POMPTON LAKES, NJ

    Subject Property

    Comparables

    Page 5

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    Address Sale Price Days on Market

    Sale Date

    Unit 30-18 $248,000 41 7/5/17

    Unit 30-10 $245,000 22 5/19/17

    Rent/Month: Unit 01: $2,060/mo Unit 11: $2,100/mo Estimated market value (per unit): $248,000

  • MICHAEL LANE, WALLINGTON, NJ

    Subject units Comparables

    Page 6

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    Address Sale Price

    Days on Market

    Sale Date

    36 Michael Ln

    $321,000 15 5/31/17

    29 Michael Ln

    $300,000 61 Active

    Rent/Month: Unit 1: $2,100/mo Unit 3: $1,750/mo

    Unit 5: $2,170/mo Estimated market value (per unit): $321,000 Unit 11: $2,200/mo Unit 15: $2,074/mo Unit 20: $2074/mo

    Total: $12,368/mo

  • 318 54TH STREET, WEST NEW YORK, NJ

    Subject Property Comparables

    Page 7

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    Address

    Sale Price

    Days on Market

    Sale Date

    Unit 1D 797 SF

    189,900 14 Active

    Unit 3I 637 SF

    $159,900 7 10/30/17

    Rent/Month: List Price Unit 1K: $1,220/mo $145,250 Unit 2B: $750/mo $194,000 Price/SF: $250 Unit 2H: $1,300/mo $159,250 **Unit price based on square footage of each**

  • 512 3RD AVE, LYNDHURST, NJ

    Subject Property Comparables

    Page 8

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    Address

    Sale Price

    Days on Market

    Sale Date

    240 Post Ave

    $450,100 30 8/31/17

    549 Fern Ave

    410,000 10 9/27/17

    Rent/Month: $3,230 Estimated market value: $450,000

  • 2505 PALISADE AVE, UNION CITY NJ

    Subject Property Comparables

    Page 9

    2016 Century 21 Real Estate LLC. All rights reserved. CENTURY 21 and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each office is independently owned and operated

    Address

    Sale Price

    Days on Market

    Sale Date

    311 Monastery Pl

    $550,000 10 6/12/17

    412 25th St 575,000 21 7/20/17

    Rent/Month: $2,699 Estimated market value: $550,000

  • LYNDHURST OFFICE 761 Ridge Road

    Lyndhurst, NJ 07071 Office: (201) 460-8000

    Fax: (201) 460-7912

    Page 10

    2016 Century 21 Real Estate LLC. All Rights Reserved. CENTURY 21 and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated.

    KEARNY OFFICE 213 Kearny Avenue

    Kearny, NJ 07032 Office: (201) 991-1300

    Fax: (201) 955-4257

    NEWARK OFFICE 217 Ferry Street

    Newark, NJ 07105 Office: (973) 344-2100

    Fax: (973) 344-1850

    RUTHERFORD OFFICE 310 Union Avenue

    Rutherford, NJ 07070 Office: (201) 939-2224

    Fax: (201) 939-1373

    HASBROUCK HEIGHTS OFFICE

    257 Boulevard Hasbrouck Heights, NJ

    07604 Office: (201) 288-5533

    Fax: (201)288-5787

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