414 Monastery Place, Union City, NJ 07087

Union City
Local realty services provided by:ERA Queen City Realty
414 Monastery Place,Union City, NJ 07087
$899,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason naggiar
Office: serhant new jersey llc.646-480-7665
MLS#:26015818
Source:NJ_MLS

Price summary

  • Price:$899,000

About this home

414 Monastery Place in Union City, New Jersey offers a rare opportunity to acquire one of the largest development lots in Union City, combined with a four-family asset that provides both in-place income and clear upside. The property is configured with three three-bedroom, one-bath units and one two-bedroom, one-bath unit, offering a strong unit mix that consistently attracts renters in this market. Set on a massive triple lot, the property also delivers an unmatched outdoor space experience for residents, a feature that is exceptionally rare in this area and a meaningful driver of tenant demand and long-term value. Two of the units are currently vacant, allowing a new owner to immediately lease at market rates and significantly increase cash flow from day one. The remaining occupied units are rent stabilized, providing steady baseline income with the potential to grow the overall rent roll over time. This is a true value-add opportunity with the ability to improve income through...

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Home facts

  • Listing ID #:26015818
  • Added:9 day(s) ago
  • Updated:May 13, 2026 at 02:52 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:19

Finances and disclosures

  • Price:$899,000
  • Tax amount:$16,980

Features and amenities

  • Laundry features:None
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: May 13, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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