Commercial space For Sale in Union City, NJ
MLS# : 250015435
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 418 4th Street, Union City — a rare, income-generating multi-unit gem with 10 bedrooms, 6 bathrooms, and two separate buildings, plus a detached two-car garage with potential for additional multi-car parking. Building 1 offers three 2-bedroom units, with the ground floor operating on separate utilities — ideal for owner-occupancy or added rental flexibility. Building 2 features three more 2-bedroom units, each with its own utilities, streamlining tenant management and maximizing profit potential. Inside, charm meets function: gleaming hardwood floors, original crown molding, arched doorways, and elegant chandelier medallions blend seamlessly with modern kitchens, updated baths, central AC or mini-split systems for year-round comfort. The fenced-in yard and landscaped garden create a peaceful outdoor retreat. And with transit-rich access — including multiple NJ Transit bus lines (84, 85, 88, 123, etc.) and the 2nd Street Light Rail just 6 blocks away — commuting to NYC or anywhere in NJ is a breeze. Whether you're an investor or multi-generational buyer, this is a unique opportunity to live comfortably while building long-term wealth. Don’t miss your chance to own this one-of-a-kind property!
Amenities
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent ROBERT JOHNSON
About Union City, NJ Real Estate Market
The Union City is situated atop the ridge of the lower Hudson Palisades. Due to a high elevation, the city offers clear views of surrounding municipalities like New Jersey Meadowlands and New York City Skyline. It shares its borders with other parts of Hudson County, such as Jersey City, Hoboken, Weehawken, North Bergen and West New York.
The formation of Union City as a city happened in 1925 by an act of the New Jersey Legislature. Union City was established by merging Union Hill and West Hoboken Township. The city’s name got derived from the names of these two municipalities. In its early stages, Union City was inhabited by German and Spanish speaking people.
Union City is divided into two parts by New Jersey Route 495, which resulted in the renaming of many street names in the city. Most of the homes for sale in this part of Hudson County are located on streets like 32nd Street, Hackensack Plank Road and Bergen Turnpike, which form Union City’s urban grid.
| Population: | 65,551 |
| Total Housing Units: | 22,411 |
| Single Family Homes: | 5,756 |
| Apartments: | 16,655 |
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
| Compare To Other Towns |
Union City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $497,036 |
| Homes Sold* (12mo): | 8 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $440,326 |
| Apatments Sold* (12mo): | 133 |
APARTMENT SALES
Union City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $599,000 - 1,649,000 | 5 |
| Condos : | $85,000 - 1,275,000 | 72 |
| Co-ops : | $249,000 - 649,000 | 30 |
| Twnhs : | $699,000 - 1,489,900 | 3 |
| 2-4 Fam : | $649,000 - 1,600,000 | 15 |
| 5+ Fam : | $1,075,000 - 1,099,000 | 2 |
| Land : | $333,000 - 1,695,000 | 4 |
| Rentals : | $1,500 - 3,750 | 16 |
| Mixd Use : | $949,900 - 2,650,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $50,000 - 250,000 | 6 |
