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$ 975,000
Est. payment /mo
New
217-219 NEW YORK AVE Union City, NJ 07087
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260009677
Bedrooms 6
Full Baths 3
HOA Fees $2/mo
Annual Tax Amount $11,943
Tax Year 2025
Lot Dimensions 50x50
Property Sub-Type 4 Family
Property Description
217-219 New York Ave, Union City, NJ – Offered at $975,000 | Rare 4-Family Opportunity on a 50x50 Lot. Welcome to 217-219 New York Ave, a rare opportunity to own a solid four-family property in one of Union City's most convenient and consistently high-demand locations. Situated on an oversized 50x50 lot with driveway parking, this property offers strong income potential, long-term upside, and flexibility for both investors and owner-occupants looking to offset expenses with substantial rental income. The building spans four levels and features a total of 8 bedrooms, 4 full baths, 4 kitchens, multiple living spaces, and additional flexible space. Each residential level offers a traditional 2-bedroom, 1-bath layout that continues to perform well with strong local rental demand. The property may also be eligible for exemption from rent control, presenting even greater long-term value and future income growth potential for qualified buyers. Additional features include gas utilities, baseboard and radiator heat, and a durable low-maintenance exterior with aluminum/vinyl siding and stone finishes. Annual taxes for 2025 are $11,943.95. Exceptionally close to Washington Park, the property is surrounded by local restaurants, cafés, shopping, schools, and neighborhood conveniences. Commuters will appreciate easy access to NJ Transit bus service into Port Authority, nearby light rail connections, and quick routes into Hoboken, Jersey City, and Manhattan via Route 495 and the Lincoln Tunnel. With its oversized lot dimensions, strong location, and flexible layout, this property also presents exciting possibilities for future expansion, redevelopment, or reconfiguration opportunities subject to approvals. Opportunities like this are becoming increasingly difficult to find in today's market.
Location
State NJ
County Hudson
Area Union City
Rooms
Basement None
Interior
Heating Baseboard, Gas, Radiators
Cooling Baseboard, Gas, Radiators
Exterior
Exterior Feature Aluminum/Vinyl, Stone
Parking Features 3+ Cars
Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
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