1. New Jersey
  2. Union City
  3. 512 Monastery Place
$1,999,995

512 Monastery Place, Union City, NJ 07087

  • 12 beds |
  • 7 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Rare Investment Opportunity in the Heart of Union City! A truly unique opportunity to own a turn-key, 4-family property just minutes from Midtown Manhattan. Ultra-high rental income due to new development which enabled removal of rent control. This exceptional offering includes two separate structures—a front 2-family home and a rear 2-family home—connected by a charming shared courtyard. Unit 1 offers 1st floor and finished basement. It is fully updated with 3 bedrooms and 2 bathrooms. Unit 2 offers 3 bedrooms and 1 bathroom and is also fully updated. Unit 3 which is part of the rear home, offers 3 bedrooms and 2 bathrooms. Unit 4 offers 2 bedrooms and and 2 bathrooms with a huge private deck. Unit 3 and 4 are brand new renovations. Each unit has separate utilities, laundry in unit, and leases are on file. The property is ideally located just steps from NYC transportation, and near vibrant nightlife, top restaurants, cozy coffee shops, shopping, places of worship, and easy ac

Listing Status:
Active
Date Added:
March 10, 2025 at 05:00AM
Listing Office:
Christie's International Real Estate Group-Paramus : 201-975-4141
Listing Agent:
Taylor C Lucyk : (201) 360-1292
MLS ID:
25007587
  • Rooms: 19

This listing courtesy of Taylor C Lucyk, Christie's International Real Estate Group-Paramus

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Colin Powell Elementary School

1500 New York Ave, Union City, NJ, 07087

Grades KG-5

0.28 miles away

E

Emerson Middle School

318 18th St, Union City, NJ, 07087

Grades 6-8

0.17 miles away

J

Jose Marti STEM Academy

1800 Summit Ave, Union City, NJ, 07087

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.