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3-Unit Triplex with Garage

306 5TH ST Unit 123, Union City, NJ 07087

For Sale
New
$899,000

One apartment is vacant, while the other two are tenant-occupied.

Property SizeContact for details
Days on Market6

Property Features for 306 5TH ST Unit 123

General Information

Standard status Active
Total Parking Spaces 1
Property subtype 3 Family

Units

Unit Mix 1 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

shared washer and dryer
private balcony
window AC unit

Building Details

Buildings 1
Tenancy Multi
Listing Agency: EXP REALTY LLC
Listed By: NAEEM BOUCHER · License NJ #1642932
Source: Lenasimpson
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:15PM

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 EXP REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

This Union City triplex contains three apartments with a combined five bedrooms and three bathrooms. The first apartment has one bedroom, a full bathroom, an eat-in kitchen and a living room. Each of the other two has two bedrooms, a full bathroom, a kitchen, living and dining areas, closet storage and a private balcony. Window air-conditioning units serve the apartments; the unit in Apartment 2 was replaced last year. A single boiler supplies shared hot-water baseboard heat throughout the building, controlled by a central thermostat.

The property includes a one-car garage and shared washer and dryer. The Congress Street Light Rail Station is nearby, with schools, parks and shopping centers also accessible in the surrounding area.

Key Highlights

  • Three apartments with five bedrooms and three bathrooms in total
  • Unit 1 is vacant; Units 2 and 3 are tenant‑occupied
  • One‑car garage and shared washer and dryer

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 other two are tenant-occupied.
Where is this triplex located?
The property is located at 306 5TH ST Unit 123 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 five bedrooms and three bathrooms in total; Unit 1 is vacant; Units 2 and 3 are tenant‑occupied; One‑car garage and shared washer and dryer
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