2-4 Family Home For Sale in Union City, NJ
MLS# : 25035697
PROPERTY DETAILS
PROPERTY DESCRIPTION
Legal 4-Unit Building for Sale! Don’t miss this outstanding investment opportunity in the heart of Union City. This income-producing property offers strong rental potential and long-term growth. Featuring four 1-bedroom, 1-bath units, all in move-in condition with one of the units having access to the backyard. Low taxes, only $10,763!! Separate utilities, tenants pay their own PSEG; water is included. The basement features storage space and all mechanical systems. Prime Location! Conveniently situated near NYC transportation, shops, and restaurants. This 4-family home is ideal for investors looking for great value and excellent return potential. Call today!
Amenities
This listing is a courtesy of Keller Williams Park Views
201-939-0050 office, listing agent Giselle Ortega
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): | $538,957 |
| Homes Sold* (12mo): | 8 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $442,228 |
| Apatments Sold* (12mo): | 135 |
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 - 1,400,000 | 5 |
| Condos : | $200,000 - 1,400,000 | 62 |
| Co-ops : | $285,000 - 595,000 | 20 |
| Twnhs : | $949,000 - 949,000 | 1 |
| 2-4 Fam : | $637,000 - 1,499,000 | 19 |
| 5+ Fam : | $1,075,000 - 1,099,000 | 2 |
| Land : | $450,000 - 1,475,000 | 2 |
| Rentals : | $1,500 - 3,700 | 10 |
| Mixd Use : | $949,900 - 2,650,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $50,000 - 80,000 | 4 |
