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Two-Family Residential Income Property

714 17TH ST Union City, NJ 07087

714 17TH ST, Union City, NJ, 07087
$1,199,000
For Sale
$1,199,000

MULTI_FAMILY - Union City, NJ

Property Size2,756 SF
Price / SF$435.05
Days on Market97

Property Features for 714 17TH ST

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Basement
Standard status
Active

Taxes and HOA fees

Tax Year
2023
Listing agency ACCESS HOMES REALTY
Listed by MARIA CARMONA VIDAL · License #2322540
Added: Apr 17 Updated: Jul 7 at 1:46PM Checked: Jul 22 at 12:06PM
MLS# 260007086

Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained two-family home was built in 2010 and offers modern residential features across approximately 2,756 sq ft of living space. The property includes a 1-car garage and additional parking for up to three vehicles. Interior highlights include central A/C, a private elevator serving from the first through third floors, and a Jacuzzi. Each unit is laid out with generous room sizes and ample closet space. The second unit is particularly expansive, with four bedrooms, a large living and dining area, and a pantry closet for added storage. Outdoor amenities include a private backyard, with balconies off the master bedroom and kitchen that provide open views. Pocket sliding doors in the master bedroom add another practical design detail.

The home is located in Union City, just minutes from NYC transportation, shopping, and major amenities, supporting daily convenience for occupants.

Designed to serve both owner-occupants and investors, the property’s two separate units and elevator access can help accommodate a range of household needs while keeping daily living functional. The combination of parking, outdoor space, and well-proportioned interiors gives prospective tenants or buyers a clear, livable layout to evaluate.

Key Highlights

  • Well‑maintained 2‑family home built in 2010 with approximately 2,756 sq ft of living space
  • Private elevator serving from the first through third floor
  • Central A/C plus a Jacuzzi

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $70.4k $25.56
− Vacancy −$4.6k −$1.65
EGI $65.9k $23.91
− OpEx −$19.8k −$7.17
NOI $46.1k $16.74
2,756 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$658.9K
$576.6K – $768.8K (±1% cap)
NOI $46,125 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$605.5K
$529.8K – $706.4K (±1% cap)
NOI $42,382 @ 7.0% cap · market cap 3.53%
Theoretical Best
Warehouse
$998.0K
$873.2K – $1.16M (±1% cap)
NOI $69,858 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Catering Service (Bike/Boat/Book/etc) Store Acupuncture Nursing Home Adult Day Care Law Firm

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family home with private elevator access and outdoor space for comfortable owner or tenant living.
Where is this duplex located?
The property is located at 714 17TH ST Union City, NJ.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 2010 with approximately 2,756 sq ft of living space; Private elevator serving from the first through third floor; Central A/C plus a Jacuzzi
Contact an agent
More about this property
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