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Union City Multifamily Property
For Sale
$810,000

515 New York Ave, Union City, NJ 07087

Multifamily property in Union City, sold as-is, occupied.

Property SizeContact for details
Days on Market464

Property Features for 515 New York Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $11,158

Building Details

Year Built 1908
Listing Agency: KEYPOINT REALTY LLC
Listed By: YOSEF BEANE
Source: Corcoran
Added: May 8, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KEYPOINT REALTY LLC

Investment Insights

Based on property information with market context.

The property at 515 New York Ave in Union City, NJ, is a multifamily residential income property. The property is being sold as-is and is currently occupied. The purchaser is responsible for the Certificate of Occupancy.

Key Highlights

  • Property sold as‑is
  • Purchaser responsible for CO
  • SOLD OCCUPIED

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Nursing Home Catering Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,282
Businesses Nearby

Demographics for 07087, NJ

68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in Union City, sold as-is, occupied.
Where is this multifamily property located?
The property is located at 515 New York Ave Union City, NJ.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: Property sold as‑is; Purchaser responsible for CO; SOLD OCCUPIED
More about this property
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