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505 5th Street, Union City, NJ 07087
New Listing
$825,000
Property Type:
Multi-Family
Bedrooms:
11
Baths:
4
Square Footage:
3,150
Lot Size (sq. ft.):
2,614
Status:
Active
Current Price:
$825,000
List Date:
1/05/2026
Last Modified:
1/05/2026
Description
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.
More Information MLS# 22600277
Contract Info
List Price/SqFt: 261.9
New Construction: No
Status: Active
List Date: 2026-01-05
List Price: $825,000
Current Price: $825,000
Property Sub-Type: Four Family
Location
Area/Section: None
House Number: 505
Street Name: 5th
Street Suffix: Street
County: Hudson
Municipality: Union City (UNO)
Postal City: Union City
State: NJ
Zip Code: 07087
Complex/Subdivision: None
Directions: 505 5th Street, Union City, NJ 07087
General Property Info
# Units in Bldg: 4
Handicap Access: No
Waterfront: No
# Levels: 3
Waterview: No
Fireplace: No
Lot Dimensions: 25 x 100
Basement: Yes
Garage: No
# Acres: 0.06
# Car Garage: 0
Pool: No
Bedrooms: 11
Full Baths: 4
Total Baths: 4
Apx SqFt: 3150
Apx Year Built: 1900
Tax and Legal
Asmnt - Total: 869100
Deed Restricted: No
Special Assessment: No
Taxes: 16061
Tax Year: 2025
Unit 1
# Bedrooms: 2
# Full Baths: 1
Rent: 1900
Unit 2
# Bedrooms: 3
# Full Baths: 1
Rent: 1652
Unit 3
# Bedrooms: 3
# Full Baths: 1
Rent: 2110
Unit 4
# Bedrooms - Unit 4: 2
# Full Baths - Unit 4: 1
Rent: 1900
Income & Expenses
Rent Expense: 16160
Gross Income: 84000
Zoning
Multi-Family: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Basement
Full: 1
Cooling
Other: 1
Water Heater
Natural Gas: 1
Heating
Baseboard: 1
Parking
On Street: 1
Garage
None: 1
Assessment Status
Assessed: 1
Siding
Brick: 1
Vinyl: 1
Roof
Flat: 1
Landlord Pays
Sewer: 1
Tenant Pays
Electricity: 1
Gas: 1
Property Features
Basement: Full
Cooling: Other
Heating: Baseboard
Water Heater: Natural Gas
Siding: Brick; Vinyl
Roof: Flat
Garage: None
Parking: On Street
Zoning: Multi-Family
Assessment Status: Assessed
Landlord Pays: Sewer
Tenant Pays: Electricity; Gas
Listing Office:
RE/MAX Central
Listing Agent:
Michael Sclafani
Last Updated: January - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.