2-4 Family Home For Sale in Union City, NJ
MLS# : 26004416
PROPERTY DETAILS
PROPERTY DESCRIPTION
Mixed-use building located in Union City offering strong investment and end-user potential. The first floor and grade-level space are currently utilized by an established daycare business licensed for up to 30 children, operating from 7am–6pm, and the daycare business is included with the sale of the building, providing immediate turnkey income. The layout supports continued childcare use or other permitted commercial purposes. The top floor features a renovated 1-bedroom residential unit with updated finishes and solid rental appeal. For buyers seeking a fully residential setup, the first floor can be converted back to a 2 bedroom, 1 bath unit, creating a two-family configuration with added income potential. Property offers flexible use options for investors, owner-occupants, or live/work scenarios, and is conveniently located near public transportation, shopping, and major roadways.
Amenities
This listing is a courtesy of Keller Williams Village Square Realty
201-445-4300 office, listing agent Anthony Zito
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): | $642,092 |
| Homes Sold* (12mo): | 14 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $426,969 |
| Apatments Sold* (12mo): | 130 |
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)
