Mixed use investment property for sale including three residential apartments and one commercial space. The commercial space is built-out as a commercial recording studio and is currently in operation on a month to month lease. The build-out of the recording studio will remain with the sale, and the equipment is also available separately. The three spacious apartments are all occupied and also on month to month leases. The two story building has over 4,000 sq ft of usable space across two floors. Located a few short blocks away from the Weehawken & Union City Reservoir Park and NYC bus routes. A plethora of restaurants and shopping around the corner of Bergenline Ave, plus just a short ride down to Hoboken.
For sale
$899,000
514 Monastery Pl, Union City, NJ 07087
5beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$900,000 Zestimate®
$--/sqft
$-- HOA
What's special
Commercial recording studioSpacious apartments
- 125 days |
- 345 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 07:32am
Listed by:
DANIEL S FLEISHER,
CORCORAN SAWYER SMITH 201-420-7393
Source: HCMLS,MLS#: 250017120
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Electric
Cooling
- Central Air, Wall Unit(s), Electric
Features
- Basement: None
Property
Parking
- Parking features: None
Details
- Parcel number: 2845
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- Brick
Community & HOA
Location
- Region: Union City
Financial & listing details
- Tax assessed value: $681,200
- Annual tax amount: $12,427
- Date on market: 8/20/2025
- Inclusions: Appliances and fixtures.
- Exclusions: Personal items.
Estimated market value
$900,000
$855,000 - $945,000
$3,223/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2025 | Listed for sale | $899,000+32.2% |
Source: HCMLS #250017120 Report a problem | ||
| 10/21/2021 | Sold | $680,000 |
Source: Public Record Report a problem | ||
| 6/18/2021 | Sold | $680,000+0.7% |
Source: HCMLS #210008197 Report a problem | ||
| 4/7/2021 | Listed for sale | $675,000+117.7% |
Source: HCMLS #210008197 Report a problem | ||
| 10/3/2014 | Sold | $310,000+113.8% |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,589 -17.8% | $681,200 +230% |
| 2023 | $15,317 +528% | $206,400 |
| 2022 | $2,439 +5.3% | $206,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,011/mo
Principal & interest
$4362
Property taxes
$1334
Home insurance
$315
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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