2-4 Family Home For Sale in Union City, NJ
MLS# : 250004960
PROPERTY DETAILS
PROPERTY DESCRIPTION
PRIME INVESTMENT OPPORTUNITY: TWO-FAMILY HOME IN REVITALIZED UNION CITY. Your Path to Real Estate Success in Hudson County Discover this exceptional two-family investment property in the heart of Union City's revival. Ideally positioned on Summit Avenue, this meticulously maintained multi-family home offers:. First Floor Unit: Spacious 3-bedroom, 1.5-bath layout perfect Second Floor Unit: Generous 3-bedroom, 1-bath configuration with excellent flow Investor-Friendly Features: Both units currently occupied with reliable tenants Completely separate utilities (heat, hot water, gas, electric) Solid income potential in Hudson County's growing market Low-maintenance opportunity in a stable neighborhood Location Advantages: Prime position on well-maintained Summit Avenue Excellent public transportation access for car-free living Under 30 minutes to Manhattan via bus or car. Benefits from Union City's 15-year revitalization initiative with improved parks, streets, and sidewalks This property represents an increasingly rare opportunity to own a multi-family home in one of Hudson County's most rapidly appreciating neighborhoods. Union City continues to attract and anyone seeking proximity to NYC at more accessible price points. Schedule your showing today to see why savvy investors are focusing on Union City's multi-family market.
Amenities
This listing is a courtesy of KELLER WILLIAMS CITY VIEWS
201-592-8900 office, listing agent SCOTT SELLECK
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): | $536,525 |
| Homes Sold* (12mo): | 11 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $436,066 |
| Apatments Sold* (12mo): | 142 |
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)
| Homes : | $340,000 - 1,995,000 | 5 |
| Condos : | $125,000 - 875,000 | 55 |
| Co-ops : | $249,000 - 569,000 | 13 |
| Twnhs : | $489,000 - 850,000 | 3 |
| 2-4 Fam : | $550,000 - 1,999,995 | 21 |
| 5+ Fam : | $949,000 - 1,299,000 | 4 |
| Land : | $549,000 - 549,000 | 1 |
| Rentals : | $1,700 - 5,000 | 10 |
| Mixd Use : | $790,000 - 2,650,000 | 10 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $81,900 - 250,000 | 6 |
