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505 5th Street

Union City, NJ 07087
  • $899,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 22501507
UPDATED: 236 min ago
$899,000
  • 11
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,150
    SQFT
  • $285
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. Three of the four units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Three apartments are large spacious 3 bedrooms, 1-bathroom units. One apartment is 2 bedrooms, 1 bathroom and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.

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© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2025-02-09T00:19:29.767.
www.candiesellshomes.com/homes/159526320
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505 5th Street Union City, NJ 07087

  • Price: $899,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 236 min ago
  • MLS #: 22501507
11
Beds
4
Baths
0
½ Baths
0.06
Acres
3,150
SQFT
$285
$/SQFT
1900
Built
County:
Hudson
Area:
Union City (UNO)
Property Description
Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. Three of the four units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Three apartments are large spacious 3 bedrooms, 1-bathroom units. One apartment is 2 bedrooms, 1 bathroom and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.
Exterior Features

Attached Garage YN No Exterior Features [] Garage YN No Parking Features On StreetNone Roof Flat Waterfront Features [] Waterfront YN No Waterview No

Interior Features

Basement Full Cooling Other Cooling YN Yes Fireplaces Total 0 Flooring [] Heating Baseboard Heating YN Yes Interior Features []

Property Features

Assessment Assessed Yes Lot Features [] New Construction YN No Owner Pays Sewer Pool No Property Sub Type Four Family Sewer Public Sewer Tax Annual Amount 15728 Tax Year 2024 Tenant Pays GasElectricity Water Heater Natural Gas Yes Water Source Public Zoning Description Multi-Family

Listing information © 2025 Monmouth-Ocean MLS. Listing provided courtesy of Michael Sclafani of RE/MAX Central: 732-972-1000.


© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2025-02-09T00:19:29.767.
 
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