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505 5TH ST

Union City, NJ 07087
  • $899,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 250002222
$899,000
  • 11
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

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. All 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 Hudson County Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-03-21T00:25:53.353.
www.bestofhobokenhomes.com/homes/159991233
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505 5TH ST Union City, NJ 07087

  • Price: $899,000
  • Status: Active
  • On Site: 45 Days
  • MLS #: 250002222
11
Beds
4
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Union City
County:
Hudson
Area:
Union City
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. All 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

Exterior Finish Brick Parking None Style Multi-Level

Interior Features

Basement FullUnfinishedWalk-Out Floor1 Rooms 5 Floor2 Rooms 5 Floor3 Rooms 5 Floor4 Rooms 4 Heating Cooling A/C WindowBaseboard Level1 Baths 1 Level1 Bedrooms 3 Level2 Baths 1 Level2 Bedrooms 3 Level3 Baths 1 Level3 Bedrooms 3 Level4 Baths 1 Level4 Bedrooms 2 Total Other Rooms 0

Property Features

Floor1 Rent 1700 Floor2 Rent 1250 Floor3 Rent 1850 Floor4 Rent 1900 Internet Yes Lead Paint Form Yes Multifamily Type 4 Family Taxes 16160

Listing provided courtesy of REMAX CENTRAL:732-972-1000.


© 2025 Hudson County Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-03-21T00:25:53.353.
 
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PRIME Real Estate Group
98 Park Avenue
Hoboken NJ, 07030