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509 Monastery Pl Union City, NJ 07087

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For Sale
$1,150,000

Legal 4-family property with bonus studio near NYC transportation.

Lot size:
0.06 Acres

Property Features for 509 Monastery Pl

General Information

Lot size
0.06 Acres

Source: PREMIUMONE REALTY LLC

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Union City Multifamily Investment Opportunity

Located in Union City, this legal 4-family property includes a bonus studio. The property is situated in a commuter-friendly neighborhood with convenient access to New York City via bus or light rail. It is also near Bergenline Avenue, parks, shopping, and schools. The first floor contains two units: Unit 1L with 1 bedroom and 1 bathroom, and Unit 1R with 2 bedrooms and 1 bathroom. The second floor features Unit 2L with 2 bedrooms and 1 bathroom, and Unit 2R with 2 bedrooms and 1 bathroom. Additional features include a shared laundry area in the basement and separate utilities for each unit. Heat and water are paid by the owner. This property offers potential for rental income and is suitable for investors looking to expand their portfolio.
Location Intelligence

Current Use by Public Records

JP Air Cool ... Hvac Contractor

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
-74.0348066
Latitude
40.764927

FAQs

What type of property is this?
Quadplex - Legal 4-family property with bonus studio near NYC transportation.
Where is this quadplex located?
The property is located at 509 Monastery Pl Union City, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: - Legal 4-family property with bonus studio unit.; - Prime Union City location with easy access to NYC via bus or light rail.; - High-performing asset generating immediate cash flow.
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