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Triplex with Private Balconies

306 5Th St, Union City, NJ 07087

For Sale
New
$899,000

Multi-Family, 3-Three Story, Union City, NJ

Property SizeContact for details
Lot Size0.02 Acres
Days on Market1

Property Features for 306 5Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 5
Parking 1
Directions Turn left onto Palisade Ave (CR-685) to turn left onto 5th St.
Standard status Active
Lot size 0.02 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10199

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Amenities

shared washer and dryer
private balcony

Building Details

Year built 1968
Floors in Building 3
Number of units 3
Architectural style Other
Buildings 1
Listing Agency: EXP REALTY, LLC
Listed By: NAEEM BOUCHER · License NJ #1642932
Added: Nov 9 Last Checked: Nov 9 at 1:06PM
MLS# 4063669

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

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential property contains five bedrooms and three bathrooms. The vacant apartment has one bedroom, a full bathroom, an eat-in kitchen, and a living room. Each of the two occupied apartments has two bedrooms, a full bathroom, a kitchen, living and dining areas, and a private balcony. A one-car garage and shared washer and dryer serve the property. Window air-conditioning units are provided, and one boiler supplies hot-water baseboard heat to all three apartments through a central thermostat.

The property is near the Congress Street Light Rail Station and was built in 1968. Public water and sewer serve the site.

Key Highlights

  • Three apartments with a combined 5 bedrooms and 3 bathrooms
  • One apartment is vacant; the other two are tenant‑occupied
  • Two apartments feature private balconies

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,560
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Triplexes in Hudson County

Jul
Aug
Sep
Oct

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 - One apartment is vacant, while the remaining two are tenant-occupied.
Where is this triplex located?
The property is located at 306 5Th St Union City, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three apartments with a combined 5 bedrooms and 3 bathrooms; One apartment is vacant; the other two are tenant‑occupied; Two apartments feature private balconies
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