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$825,000 Just Listed
Property Description
Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. All units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Two apartments are large spacious 3 bedrooms, 1-bathroom units, the other two apartments are 2 bedrooms, 1 bathroom. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.
Full Property Details
Full Property Details for 505 5th St
General
- Price: $825,000
- Taxes: $16,160 (2024)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260000478
- Updated: 1/13/2026
- Added to Site: 4 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Level 4 - Full Baths: 1
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 10
- Bedrooms-L4: 2
- Bedrooms-L3: 3
- Bedrooms-L2: 3
- Bedrooms-L1: 2
Location
- Area: Union City
- County: Hudson
- Driving Directions: Bergenline Ave and West Strert
Heating & Cooling
- Heating/Cooling: Baseboard
Structural Information
- Architectural Style: Brownstone
- Exterior Const.: Brick
- Basement Desc.: Full
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $16,160
- Tax Year: 2024
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Remax Central (732) 972-1000
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Schools
Schools serving 505 5th St
School District:Union City School District
| Name | Grades | Distance |
|---|---|---|
Thomas A. Edison Elementary School 507 West Street, Union City, NJ 07087 | PK-6 | 0.1 mi |
Sara M. Gilmore Academy 1700 Kerrigan Avenue, Union City, NJ 07087 | 1-8 | 0.7 mi |
Eugenio Maria De Hostos Center for Early Childhood Education 2200 John F. Kennedy Boulevard, Union City, NJ 07087 | PK-K | 1 mi |
Jose Marti STEM Academy 1800 Summit Avenue, Union City, NJ 07087 | 9- | 0.7 mi |
Union City High School 2500 John F. Kennedy Boulevard, Union City, NJ 07087 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 5th St
Date
Details
Price
Change
Source
1/13/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,728
1%
$869,100
313%
2022
$15,578
—
$210,200
—
2021
$15,523
33%
$210,200
—
2021
$11,654
-18%
$210,200
5%
2019
$14,220
2%
$200,200
—
2018
$13,954
1%
$200,200
—
2017
$13,822
—
$200,200
—
2016
$13,794
2%
$200,200
—
2015
$13,556
3%
$200,200
—
2013
$13,103
—
$200,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 5th St
505 5th St, Union City, NJ 07087 (MLS# 260000478) is a Multi-Family property with units containing 10 bedrooms and 4 full bathrooms. 505 5th St is currently listed for $825,000 and was received on January 13, 2026. Want to learn more about 505 5th St? Do you have questions about finding other Multi-Family real estate for sale in Union City? You can browse all Union City real estate or contact a Coldwell Banker agent to request more information.
