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Three-Unit Multifamily Property
For Sale
$975,000
Pending

229-231 48th St, Union City, NJ 07087

Two residences provide a mix of separate living spaces, with finished basement area and driveway parking.

Property SizeContact for details
Days on Market20

Property Features for 229-231 48th St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 3BR/1BA, 1BR/1.5BA
Multifamily Units 3

Amenities

2 level deck
small yard
3 shed
full finished basement
Finished,Full
3
1
2500
A/C Central,A/C Wall,Baseboard,Gas
Shingle
Multi-Level
3899
2 Cars,Other-See Remarks
Listing Agency:
Listed By: Andrea Lew
Source: Skyrealtyintl
Added: Oct 16 Changed: Nov 3 Last Checked: Nov 3 at 8:51AM

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 Andrea Lew

Rey
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Investment Insights

Based on property information with market context.

This Union City multifamily property comprises three units across two residences, with seven bedrooms, three full bathrooms, and one half bath. The 231-side residence has two levels, each with three bedrooms and a full bathroom; one unit also includes an updated kitchen and washer and dryer. The 229-side residence spans two levels and contains one bedroom and one-and-a-half bathrooms. Additional features include a finished basement, a two-level deck, a small yard with three storage sheds, and two driveway parking spaces.

Bus and train service are nearby, with an approximate 15–25 minute commute to Midtown Manhattan. Shopping, dining, and major roadways are also accessible in the surrounding area.

Key Highlights

  • Three units across two residences with seven bedrooms
  • 231‑side residence includes two three‑bedroom levels; one unit has an updated kitchen and washer and dryer
  • 229‑side residence has one bedroom and one‑and‑a‑half bathrooms

Property Analytics

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,865
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

Frequently Asked Questions

What type of property is this?
Triplex - Two residences provide a mix of separate living spaces, with finished basement area and driveway parking.
Where is this triplex located?
The property is located at 229-231 48th St Union City, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three units across two residences with seven bedrooms; 231‑side residence includes two three‑bedroom levels; one unit has an updated kitchen and washer and dryer; 229‑side residence has one bedroom and one‑and‑a‑half bathrooms
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