The Costanza Read · how this price compares
$899,000
median ask for comparable 0-bed multi-family homes in Union City is $925,000 · based on 31 active listings
At $899,000, this home is priced ~3% below the median for its class. A touch under the going rate.
Want the recent sold comps on this exact block too? Ask Andrew →
About this home
414 Monastery Place in Union City, New Jersey offers a rare opportunity to acquire one of the largest development lots in Union City, combined with a four-family asset that provides both in-place income and clear upside.
The property is configured with three three-bedroom, one-bath units and one two-bedroom, one-bath unit, offering a strong unit mix that consistently attracts renters in this market. Set on a massive triple lot, the property also delivers an unmatched outdoor space experience for residents, a feature that is exceptionally rare in this area and a meaningful driver of tenant demand and long-term value.
Two of the units are currently vacant, allowing a new owner to immediately lease at market rates and significantly increase cash flow from day one. The remaining occupied units are rent stabilized, providing steady baseline income with the potential to grow the overall rent roll over time.
The details
Property Type3-4 Family
StatusActive · listed 51 days ago
List Price$899,000
Bedrooms0
Bathrooms4
LocationUnion City, NJ 07087
MLS #260008335
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Living on Monastery Pl
414 Monastery Pl sits on Monastery Pl in Union City. Bergenline Avenue — one of the longest, busiest shopping streets in New Jersey — runs the length of town. It's one of the most bus-served towns in the state — NJ Transit and jitneys run constantly to the Port Authority via the Lincoln Tunnel, and the Hudson-Bergen Light Rail is a short hop down the Palisades. The Lincoln Tunnel approach and Route 495 put Midtown Manhattan minutes away.
As a 0-bedroom 3-4 family in Union City, it's the kind of turnkey listing buyers watch for — and in this market, homes like this tend to move on the first weekend. If it fits what you're after, the smart move is to see it early.
414 Monastery Pl, Union City
Good to know
Is 414 Monastery Pl still available?
Yes — it's active on the Hudson County MLS (listed 51 days ago) at $899,000. Text Andrew Diaz at (551) 235-3473 to confirm and book a showing.
How many bedrooms and bathrooms does 414 Monastery Pl have?
It offers 0 bedrooms and 4 bathrooms.
How do I see 414 Monastery Pl in person?
Tap “Request a tour,” drop your name and number, and Andrew Diaz will text you back within minutes with showing times — including this weekend.
