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  • Price cut: $999 (4/1)
    $874,000

    505 5th St, Union City, NJ 07087

    11beds
    4,400sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $199/sqft
    $-- HOA

    What's special

    Updated amenitiesUpdated kitchens
    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. Two apartments are large spacious 3 bedrooms, 1-bathroom units, the other two apartments are 2 bedrooms, 1 bathroom. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.
    135 days
    on Zillow
    |
    686
    |
    49
    |

    Zillow last checked: 8 hours ago

    Listing updated: May 21, 2025 at 02:32am

    Listed by:

    Michael Sclafani 732-972-1000,

    Re/Max Central

    Source: GSMLS,MLS#: 3942318MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 505 5th St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard - Hotwater, Natural Gas
    Appliances
    • Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
    Features
    • Bedrooms, Kitchen, Living Room
    • Basement: Yes,Full,Unfinished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 4,400
    • Total interior livable area: 4,400 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Levels: 3-Three Story
    • Stories: 3
    Lot
    • Size: 2,613.6 Square Feet
    • Dimensions: 25 x 100
    Details
    • Parcel number: 1810000160000000070000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Flat
    Condition
    • Year built: 1900

    Utilities & green energy

    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
    Location
    • Region: Union City

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $851,100
    • Annual tax amount: $15,728
    • Date on market: 1/21/2025
    • Total actual rent: 7480
    • Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
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