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$1,599,000
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Property Description
Meticulously maintained, legal 8-family freestanding brick building located in the heart of Union City, right on highly desirable Central Avenue. This property sits on a 27 x 84 lot with full lot coverage, a brick & concrete facade, and has been kept fully up to date with all city requirements. The building is comprised of (3) three-bedroom apartments and (5) one-bedroom apartments, all with separate heat and electric, individual meters, and minimal occupants per unit, making for stable, long-term tenancy. Property also features a double garage with value-add potential to lease separately for additional income. Current cap rate is a true 6.5%, with further upside available. Excellent cash flow, low expenses, and prime location in one of Union City's most sought-after rental markets make this an ideal investment opportunity. Financials available upon request. Serious inquiries only.
Full Property Details
Full Property Details for 702 17th St
General
- Price: $1,599,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250018367
- Updated: 9/15/2025
- Added to Site: 132 day(s) ago
Location
- County: Hudson
- Location Details: 17th & 18th St
Lot Features
- Lot Description: 36
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 702 17th St
School District:Union City School District
| Name | Grades | Distance |
|---|---|---|
Sara M. Gilmore Academy 1700 Kerrigan Avenue, Union City, NJ 07087 | 1-8 | 0.1 mi |
Veterans Memorial School 1401 Central Avenue, Union City, NJ 07087 | PK-5 | 0.1 mi |
Emerson Middle School 318 18th Street, Union City, NJ 07087 | 6-8 | 0.3 mi |
Jose Marti STEM Academy 1800 Summit Avenue, Union City, NJ 07087 | 9- | 0.1 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 702 17th St
Date
Details
Price
Change
Source
9/08/2025
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 702 17th St
702 17th St, Union City, NJ 07087 (MLS# 250018367) is a Commercial property. 702 17th St is currently listed for $1,599,000 and was received on September 08, 2025. This property is listed by Ralph Schell from our Hoboken Office.Want to learn more about 702 17th St? Do you have questions about finding other Commercial 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.


