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$920,000
Property Description
Don't miss this opportunity to own a fully renovated three-family home in Union City! Enter into each of these newly updated units and you are welcomed with a bright living room, gorgeous hardwood floors, and an open-concept right into the eat-in kitchen. The kitchens boast modern finishes, including white cabinets, a breakfast bar, and stainless steel appliances. Each unit has 2 sizable bedrooms, and 1 updated bathroom. Unit 1 is rented for $2,500 and the lease was renewed on May 1. Units 2 and 3 are each rented for $2,000, with leases ending in August. Potential to increase rental income to market value! Separate utilities, with new hot water heaters and furnaces, and a newer roof. Near public transportation to NYC, access to major highways, schools, shops/restaurants, and more! Also buyer can assume the mortgage and the 2.5% interest rate if they meet the lender's assumption requirements! Seller pays water and sewer but tenants pay electric,heat, and hot water since each unit has their own boiler and water heater.
Full Property Details
Full Property Details for 705 8th St
General
- Price: $920,000
- Taxes: $12,757 (2024)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250020297
- Updated: 10/1/2025
- Added to Site: 108 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 6
- Bedrooms-L3: 2
- Bedrooms-L2: 2
- Bedrooms-L1: 2
Other Rooms
- Living Rooms: 3
- Living Room-L3: 1
- Living Room-L2: 1
- Living Room-L1: 1
- Kitchens: 3
- Kitchens-L3: 1
- Kitchens-L2: 1
- Kitchens-L1: 1
Location
- Area: Union City
- County: Hudson
- Driving Directions: Central Ave and Summit Ave
Heating & Cooling
- Heating/Cooling: Baseboard, Electric, Gas
Structural Information
- Architectural Style: Multi-Level, Other-See Remarks
- Exterior Const.: Aluminum/Vinyl
- Basement Desc.: Partial Finish
Lot Features
- Lot Dimensions: 25 x 100
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Assessment Year: 2025
- Tax Amount: $12,757
- Tax Year: 2024
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Exp Realty Llc (866) 201-6210
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Schools
Schools serving 705 8th 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 | 0.5 mi |
Emerson Middle School 318 18th Street, Union City, NJ 07087 | 6-8 | 0.6 mi |
Jose Marti STEM Academy 1800 Summit Avenue, Union City, NJ 07087 | 9- | 0.6 mi |
Union City High School 2500 John F. Kennedy Boulevard, Union City, NJ 07087 | 9-12 | 0.9 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 705 8th St
Date
Details
Price
Change
Source
10/01/2025
Listed
$920,000
29.76%
MLS
1/31/2021
Sold
$709,000
—
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 705 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,031
-33%
$705,000
205%
2022
$16,515
62%
$231,300
—
2021
$10,184
—
$231,300
68%
2021
$10,184
35%
$137,900
—
2021
$7,549
-23%
$137,900
—
2019
$9,795
2%
$137,900
—
2018
$9,612
1%
$137,900
—
2017
$9,521
—
$137,900
—
2016
$9,501
2%
$137,900
—
2015
$9,337
3%
$137,900
—
2013
$9,026
—
$137,900
—
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 705 8th St
705 8th St, Union City, NJ 07087 (MLS# 250020297) is a Multi-Family property with units containing 6 bedrooms and 3 full bathrooms. 705 8th St is currently listed for $920,000 and was received on October 01, 2025. Want to learn more about 705 8th 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.
