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Three-Family Triplex
For Sale
$899,000

609 38TH ST, Union City, NJ 07087

Three residential units include one-, two-, and three-bedroom layouts, with one currently vacant.

Property SizeContact for details
Days on Market62

Property Features for 609 38TH ST

General Information

Standard status Active
Property subtype Multi Family

Units

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

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,060
Listing Agency: Coldwell Banker Realty
Listed By: JILL K. BIGGS · License #0568727
Source: Elliman
Added: Jul 1 Changed: Aug 30 Last Checked: Aug 30 at 5:13PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This Union City triplex contains three residential units with varied layouts: Unit 1 has one bedroom, Unit 2 has two bedrooms, and Unit 3 has three bedrooms. The first two apartments are occupied under month-to-month leases, while the third is vacant and available for owner occupancy or leasing.

The property is positioned just off JFK Boulevard at 609 38TH ST in Union City, NJ 07087, with access toward New York City. Walk Score is 97, described as a Walker's Paradise, and Transit Score is 91, described as a Rider's Paradise. Bike Score is 47, or Somewhat Bikeable.

Key Highlights

  • Three‑family triplex with one-, two-, and three‑bedroom units
  • Units 1 and 2 are occupied under month‑to‑month leases
  • Unit 3 is vacant and has three bedrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Catering Service Nursing Home Tattoo & Piercing Shop Tanning Salon (Bike/Boat/Book/etc) Store Coworking & Hybrid Office

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,738
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include one-, two-, and three-bedroom layouts, with one currently vacant.
Where is this triplex located?
The property is located at 609 38TH 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‑family triplex with one-, two-, and three‑bedroom units; Units 1 and 2 are occupied under month‑to‑month leases; Unit 3 is vacant and has three bedrooms
More about this property
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