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414 MONASTERY PL, Union City, NJ 07087

Union City
Local realty services provided by:CENTURY 21 Alliance Realty
414 MONASTERY PL,Union City, NJ 07087
$899,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason naggiar
Office: serhant new jersey llc.973-315-5959
MLS#:260008335
Source:NJ_HCMLS

Price summary

  • Price:$899,000

About this home

414 Monastery Place in Union City, New Jersey offers a rare opportunity to acquire one of the largest development lots in Union City, combined with a four-family asset that provides both in-place income and clear upside. The property is configured with three three-bedroom, one-bath units and one two-bedroom, one-bath unit, offering a strong unit mix that consistently attracts renters in this market. Set on a massive triple lot, the property also delivers an unmatched outdoor space experience for residents, a feature that is exceptionally rare in this area and a meaningful driver of tenant demand and long-term value. Two of the units are currently vacant, allowing a new owner to immediately lease at market rates and significantly increase cash flow from day one. The remaining occupied units are rent stabilized, providing steady baseline income with the potential to grow the overall rent roll over time. This is a true value-add opportunity with the ability to improve income through...

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Home facts

  • Listing ID #:260008335
  • Added:1 day(s) ago
  • Updated:June 15, 2026 at 08:32 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Unfinished

Heating and cooling

  • Cooling:A/C Window, Gas
  • Heating:Baseboard, Gas

Structure and exterior

  • Architectural Style:Multi-Level
  • Construction Materials:Shingle

Finances and disclosures

  • Price:$899,000
  • Tax amount:$16,980
The data relating to real estate for sale or rent on this website comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than CENTURY 21 Alliance Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. NJ_HCMLS Member Broker: Douglas E Ramos

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