Property
Union City, NJ 07087 505 5th St
$899,000
11 more
Presented By: RE/MAX CENTRAL; 732-972-1000
Beds • 11
Baths • 4
Home Details
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. Three of the four 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. Three apartments are large spacious 3 bedrooms, 1-bathroom units. One apartment is 2 bedrooms, 1 bathroom and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.
Presented By: RE/MAX CENTRAL; 732-972-1000
Interior Features for 505 5th St
Bedrooms
Total Bedrooms11
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total3
Unit 4 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1100
Unit 2 Sq Ft1100
Unit 3 Sq Ft1100
Unit 4 Sq Ft1100
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels2
UnitType1TotalRent1700
UnitType2TotalRent1850
UnitType3TotalRent1750
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementFull, Unfinished, Walkout
Fuel TypeGas-Natural
Other Rooms
Unit 4 Rooms5
Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms6
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Kitchen, Living Room
General for 505 5th St
Architectural Style3-Three Story
CoolingNone
CountyHudson
Directions505 5th Street, Union City, NJ 07087
DriveOn-Street Parking
EasementNo
Farm AssessmentNo
Full Baths4
Garage Spaces
Gross Income
HeatingBaseboard - Hotwater
Home Warranty Y/NNo
Net Operating Income
NumberOfUnitsTotal4
Open Parking Spaces
Operating Expense0
PossessionAt Closing
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount15728
Tax Assessed Value851100
Tax Lot7
Tax Year2024
Total Rooms23
Town #1810
TownshipUnion City
UtilitiesGas-Natural
Water HeaterGas
Year Built1900
Exterior for 505 5th St
Exterior DescriptionBrick
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Karina Gil
Associate