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Corner Mixed-Use Building
For Sale
$1,698,000

500 NEW YORK AVE, Union City, NJ 07087

MULTI_FAMILY - Union City, NJ

Property SizeContact for details
Days on Market166

Property Features for 500 NEW YORK AVE

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 9, Bathroom 6, Bedroom 1, Bedroom 4, Bedroom 11, Bedroom 7, Bathroom 1, Bedroom 3, Bedroom 10, Bedroom 6, Bathroom 3, Bedroom 8, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 7, Bedroom 2, Bedroom 5, Basement
Directions 6th street and 7th street
Subdivision JC, Heights
Standard status Active

Amenities

rooftop

Building Details

Architectural style Other
Listing Agency: KELLER WILLIAMS CITY LIFE REALTY · Keller Williams Realty
Listed By: CUC LUONG · License #1861248
Added: Mar 9 Changed: Aug 19 Last Checked: Aug 21 at 10:06PM
MLS# 260004056

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

Investment Insights

Based on property information with market context.

This mixed-use corner building at 500 New York Ave in Union City includes 7 apartments, 2 stores, and a 2-car garage. The garage is currently used for storage, while the property also features a rooftop with direct views toward New York City.

The building is located in Hudson County near Manhattan, Hoboken, downtown Jersey City waterfront, and Jersey City Heights. Its combination of residential and retail space creates a varied building configuration, with on-site garage parking and a rooftop amenity adding further functionality.

Key Highlights

  • Mixed‑use corner building at 500 New York Ave, Union City, NJ 07087
  • 7 apartments and 2 stores
  • 2‑car garage currently used for storage

Property Analytics

Current Use

Dynamic Cutz Barber Shop

Suggested Use

Top Pick Law Firm Nursing Home Catering Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
90%
Occupancy
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

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?
Mixed-use property - Combines residential units, retail storefronts, rooftop views, and garage parking in a Union City property.
Where is this mixed-use property located?
The property is located at 500 NEW YORK AVE Union City, NJ.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Mixed‑use corner building at 500 New York Ave, Union City, NJ 07087; 7 apartments and 2 stores; 2‑car garage currently used for storage
More about this property
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