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$899,000
Property Description
Mixed use investment property for sale including three residential apartments and one commercial space. The commercial space is built-out as a commercial recording studio and is currently in operation on a month to month lease. The build-out of the recording studio will remain with the sale, and the equipment is also available separately. The three spacious apartments are all occupied and also on month to month leases. The two story building has over 4,000 sq ft of usable space across two floors. Located a few short blocks away from the Weehawken & Union City Reservoir Park and NYC bus routes. A plethora of restaurants and shopping around the corner of Bergenline Ave, plus just a short ride down to Hoboken.
Full Property Details
Full Property Details for 514 Monastery Pl
General
- Price: $899,000
- Taxes: $12,427 (2024)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250017120
- Updated: 12/22/2025
- Added to Site: 149 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Level 2 - Full Baths: 3
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms-L2: 5
Other Rooms
- Living Rooms: 3
- Living Room-L2: 3
- Kitchens: 3
- Kitchens-L2: 3
Location
- Area: Union City
- County: Hudson
- Driving Directions: West St and Bergenline Ave
Heating & Cooling
- Heating/Cooling: A/C Central, Hot Air, A/C Wall, Electric
Structural Information
- Architectural Style: Other-See Remarks
- Exterior Const.: Brick
- Basement Desc.: None
Lot Features
- Lot Dimensions: 50 x 70
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $12,427
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Personal items.
- Inclusions: Appliances and fixtures.
- Lead Paint Discl.: Yes
Listed by Corcoran Sawyer Smith (201) 420-7393
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Schools
Schools serving 514 Monastery Pl
School District:Union City School District
| Name | Grades | Distance |
|---|---|---|
Sara M. Gilmore Academy 1700 Kerrigan Avenue, Union City, NJ 07087 | 1-8 | 0.3 mi |
Veterans Memorial School 1401 Central Avenue, Union City, NJ 07087 | PK-5 | 0.3 mi |
Emerson Middle School 318 18th Street, Union City, NJ 07087 | 6-8 | 0.2 mi |
Jose Marti STEM Academy 1800 Summit Avenue, Union City, NJ 07087 | 9- | 0.2 mi |
Union City High School 2500 John F. Kennedy Boulevard, Union City, NJ 07087 | 9-12 | 0.4 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 514 Monastery Pl
Date
Details
Price
Change
Source
8/20/2025
Listed
$899,000
308.64%
MLS
12/04/2002
Sold
$220,000
—
Public Record
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 514 Monastery Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,428
8%
$712,000
359%
2022
$11,487
—
$155,000
—
2021
$11,447
33%
$155,000
—
2021
$8,594
-22%
$155,000
—
2019
$11,010
2%
$155,000
—
2018
$10,804
1%
$155,000
—
2017
$10,701
—
$155,000
—
2016
$10,680
2%
$155,000
—
2015
$10,495
3%
$155,000
—
2013
$10,145
—
$155,000
—
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 514 Monastery Pl
514 Monastery Pl, Union City, NJ 07087 (MLS# 250017120) is a Multi-Family property with units containing 5 bedrooms and 4 full bathrooms. 514 Monastery Pl is currently listed for $899,000 and was received on August 20, 2025. Want to learn more about 514 Monastery Pl? 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.
