Investor’s Dream in Prime Union City Location!This Legal 4-family property with a bonus studio offers excellent rental income and long-term upside in one of Hudson County’s most commuter-friendly neighborhoods—just minutes to NYC via bus or light rail, Steps from Bergenline Ave, and close to parks, shopping, and schools. The first floor features Unit 1L: 1 bedroom, 1 bath, 1R: 2 bedrooms, 1 bath, The second floor offers Unit 2L: 2 bedrooms, 1 bath and Unit 2R: 2 bedrooms, 1 bath. Additional features include a shared laundry area in the basement, a bath and separate utilities for each unit, Heat & Water paid by the owner. With low taxes and strong tenant demand, this is a high-performing asset generating immediate cash flow. Whether you're house-hacking or expanding your investment portfolio, this opportunity is not to be missed!
For sale
$1,150,000
509 Monastery Pl, Union City, NJ 07087
8beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$1,150,300 Zestimate®
$--/sqft
$-- HOA
What's special
Shared laundry area
- 98 days |
- 178 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 06:49am
Listed by:
DANIELLE G GENOVESE,
PREMIUMONE REALTY LLC 908-445-5546
Source: HCMLS,MLS#: 250019109
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Radiators
Features
- Basement: Finished
Property
Parking
- Parking features: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level
Materials
- Aluminum Siding, Brick
Community & HOA
Location
- Region: Union City
Financial & listing details
- Tax assessed value: $1,020,000
- Annual tax amount: $13,528
- Date on market: 9/16/2025
Estimated market value
$1,150,300
$1.09M - $1.21M
$3,257/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $1,150,000 |
Source: HCMLS #250019109 Report a problem | ||
| 8/13/2025 | Listing removed | $1,150,000 |
Source: HCMLS #250015372 Report a problem | ||
| 7/28/2025 | Listed for sale | $1,150,000 |
Source: HCMLS #250015372 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,688/mo
Principal & interest
$5579
Property taxes
$1706
Home insurance
$403
Climate risks
Neighborhood: 07087
Nearby schools
GreatSchools rating
- 8/10Sara M. Gilmore AcademyGrades: 1-8Distance: 0.3 mi
- 8/10Jose Marti STEM AcademyGrades: 9-12Distance: 0.2 mi
- 6/10Veterans Memorial SchoolGrades: PK-5Distance: 0.3 mi
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