Two-Family Duplex
For Sale
$599,000
Pending
725 17th Street, Union City, NJ 07087
Residential Income, Union City, NJ
Property Size1,609 SF
Lot Size0.05 Acres
Days on Market54
Property Features for 725 17th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1
Parking features
On Street
Basement
Finished
Subdivision
Union City
Standard status
Pending
APN
84-0023
Size
1,609 SF
Lot size
0.05 Acres
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Tax Annual Amount
7597
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Wall Unit(s)
Building Details
Year built
1898
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding
Listing Agency:
Red Door Realty Group
Listed By:
Samantha Conca
(718) 987-3667
Added: Sep 11
Changed: Oct 26
Last Checked: Nov 3 at 6:06AM
MLS# 2605184
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,609-square-foot duplex in Union City, NJ, is configured as a two-family property with a studio apartment on the upper floor and a preschool occupying the first floor. The building dates to 1898 and features aluminum siding, natural-gas hot-water heating, and wall-unit cooling. The property includes three bedrooms and three bathrooms within its existing room layout.
Set on a 0.0501-acre lot at 725 17th Street, the property has R zoning, public sewer service, and on-street parking. The roof is five years old, while the boilers are two years old. Its location is near shopping and transportation, providing an established urban setting for the existing residential and preschool configuration.
Set on a 0.0501-acre lot at 725 17th Street, the property has R zoning, public sewer service, and on-street parking. The roof is five years old, while the boilers are two years old. Its location is near shopping and transportation, providing an established urban setting for the existing residential and preschool configuration.
Key Highlights
- 1,609‑square‑foot duplex in Union City, NJ
- Current layout includes an upper‑floor studio apartment and first‑floor preschool
- R zoning on a 0.0501‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,929
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,580
$538.6K
Cap Rate 7%
$384,700
$384.7K
Cap Rate 9%
$299,211
$299.2K
Market Conditions
NOI Build-Up for 1,609 SF
Gross rent
$41.1K $25.56/SF
− Vacancy
−$2.7K −$1.65/SF
EGI
$38.5K $23.91/SF
− OpEx
−$11.5K −$7.17/SF
NOI
$26.9K $16.74/SF
Area
Hudson County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,580
Cap Rate 7%
$384,700
Cap Rate 9%
$299,211
Alternative Uses
Best Use
Multifamily LT 5
$384.7K
$336.6K – $448.8K
NOI $26,929 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$353.5K
$309.3K – $412.4K
NOI $24,743 @ 7.0% cap · market cap 4.13%
Theoretical Best
Warehouse
$582.6K
$509.8K – $679.7K
NOI $40,784 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,159
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level layout currently combines a studio apartment with a first-floor preschool.
Where is this duplex located?
The property is located at 725 17th Street Union City, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,609‑square‑foot duplex in Union City, NJ; Current layout includes an upper‑floor studio apartment and first‑floor preschool; R zoning on a 0.0501‑acre lot
