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Renovated Three-Family Property Near Amenities
For Sale
$999,000

308 5th Street, Union City, NJ 07087

Move-in ready, renovated three-family property near shops and transportation.

Property SizeContact for details
Days on Market183

Property Features for 308 5th Street

General Information

Standard status Active
Property subtype 3-4 FAMILY

Taxes and HOA fees

Annual Taxes $11,128

Amenities

3
4
1500
2200
2000
5
1
2
No
Aluminum/Vinyl, Brick
Listing Agency: REMAX NOW
Listed By: QUANFENG ZHU · License #2292999
Source: Compass
Added: Mar 12 Changed: Sep 8 Last Checked: Sep 9 at 6:56PM

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 REMAX NOW

Investment Insights

Based on property information with market context.

This is a fully renovated three-family property located steps from shops, schools, and public transportation. Each unit features updated kitchens with sleek cabinetry and appliances, renovated bathrooms, flooring, and fresh paint throughout. The property has separate utilities and a functional layout in each unit, making it suitable for long-term rental or multi-generational living. Recent upgrades provide peace of mind. The property is located minutes away from grocery stores, restaurants, local parks, and schools. Excellent access to public transportation facilitates commuting.

Key Highlights

  • Fully renovated 3‑family property.
  • Ideally located near shops, schools, and public transportation.
  • Move‑in ready with modern updates.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Nursing Home Catering Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tattoo & Piercing Shop

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

3,560
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Move-in ready, renovated three-family property near shops and transportation.
Where is this triplex located?
The property is located at 308 5th Street Union City, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully renovated 3‑family property.; Ideally located near shops, schools, and public transportation.; Move‑in ready with modern updates.
More about this property
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