For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

702 17Th St Union City, NJ 07087

For Sale
$1,599,000

Investment - Union City, NJ

Days on Market:
91
Last Refresh:
Dec 7 at 3:06 pm

Property Features for 702 17Th St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active

Building Details

Architectural style
Other

COLDWELL BANKER RESIDENTIAL BROKERAGE (201) 798-3300 [email protected]

Listing agent RALPH SCHELL (201) 798-3300 License #2185528

Listing date Sep 8, 2025

MLS# 250018367 Listing URL

Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Union City Multifamily Investment Opportunity

This meticulously maintained, legal 8-family freestanding brick building is located in the heart of Union City, on Central Avenue. Situated on a 27 x 84 lot with full lot coverage, the property features a brick and concrete façade. The building comprises three 3-bedroom apartments and five 1-bedroom apartments, all with separate heat and electric, and individual meters. The property benefits from stable, long-term tenancy with minimal occupants per unit. A double garage offers value-add potential through separate leasing for additional income. The current cap rate is 6.5%, with further upside available. This property offers excellent cash flow, low expenses, and a prime location in one of Union City’s sought-after rental markets, making it an ideal investment opportunity.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Union City
County
Hudson
State
New Jersey
Longitude
-74.03816
Latitude
40.764054

FAQs

What type of property is this?
Apartment building - Meticulously maintained 8-unit building in prime Union City location.
Where is this apartment building located?
The property is located at 702 17Th St Union City, NJ.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: - Legal 8-family freestanding brick building in a prime Central Avenue location in Union City.; - True 6.5% cap rate with further upside potential.; - Stable, long-term tenancy due to minimal occupants per unit.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message