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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
$849,000
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tarek hassieb
Office: prominent properties sotheby's international realty201-795-5200
MLS#:260018087
Source:NJ_HCMLS

Price summary

  • Price:$849,000

About this home

414 Monastery Place, Union City | 3-Family Investment | $849,000 A strong investment should make sense today and still leave room for tomorrow. 414 Monastery Place does exactly that. Recently updated and fully occupied, this 8-bedroom, 3-full-bath, 3-family generates approximately $83,400 in annual gross rental income with reasonable operating expenses and a projected 8.1% cap rate based solely on the 3-family. For investors, it’s a straightforward opportunity: three income-producing units, strong gross rents, an attractive return and long-term upside in one of Hudson County’s active rental markets. For an owner-occupant, the property also offers future flexibility to live in one unit when available while income from the others helps offset ownership costs. And for the buyer thinking bigger, there’s another conversation worth having. The same owner is also offering 414 Monastery Place Rear, a separately taxed single-family home, and 408-12 Monastery Place Rear, an adjacent vacant...

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Home facts

  • Listing ID #:260018087
  • Added:1 day(s) ago
  • Updated:September 11, 2026 at 10:00 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Unfinished

Heating and cooling

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

Structure and exterior

  • Construction Materials:Shingle

Finances and disclosures

  • Price:$849,000
  • Tax amount:$11,095
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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