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$974,900
Property Description
From Kennedy Blvd, turn onto 16th St; property is mid-block on the right. Remarks: Fully income-producing three-unit property in the heart of Union City, offering strong rental appeal and excellent long-term value. 717 16th Street is in great condition and features bright, spacious units with large open floor plan living areas that enhance tenant appeal and support strong rental performance. All three units generate steady income, and with one unit currently month-to-month, the property also provides flexibility for an owner-occupant who wants to live in one unit while collecting rent from the others. The kitchens and baths are well kept with clean, neutral updates, and the bedrooms offer comfortable spaces with solid natural light. A private backyard and on-site parking add to the desirability of the building in this high-density market. Conveniently located near major transportation, shopping, dining, and with quick access to Hoboken, Jersey City, and NYC, the property sits in a high-demand tenant corridor known for consistent occupancy and strong returns. This is an ideal opportunity for investors or buyers seeking a stable asset with income potential and occupancy options.
Full Property Details
Full Property Details for 717 16th St
General
- Price: $974,900
- Taxes: $12,758 (2024)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250024593
- Updated: 12/5/2025
- Added to Site: 42 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Level 3 - Full Baths: 2
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 8
- Bedrooms-L3: 3
- Bedrooms-L2: 3
- 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
- Dining Rooms: 3
- Dining Rooms-L3: 1
- Dining Rooms-L2: 1
- Dining Rooms-L1: 1
Location
- Area: Union City
- County: Hudson
Heating & Cooling
- Heating/Cooling: A/C Wall, Baseboard, Gas, Hot Water
Structural Information
- Architectural Style: Multi-Level
- Exterior Const.: Stucco
- Basement Desc.: Finished, Full, Walk-Out
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $12,758
- Tax Year: 2024
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Signature Realty Nj Llc (973) 921-1111
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Schools
Schools serving 717 16th 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- | 0.2 mi |
Union City High School 2500 John F. Kennedy Boulevard, Union City, NJ 07087 | 9-12 | 0.5 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 717 16th St
Date
Details
Price
Change
Source
12/05/2025
Listed
$974,900
39.27%
MLS
1/30/2020
Sold
$700,000
—
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 717 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,033
-12%
$705,200
303%
2022
$12,488
-3%
$174,900
—
2021
$12,916
33%
$174,900
—
2021
$9,697
-22%
$174,900
—
2019
$12,423
2%
$174,900
—
2018
$12,191
1%
$174,900
—
2017
$12,075
—
$174,900
—
2016
$12,051
2%
$174,900
—
2015
$11,842
17%
$174,900
13%
2013
$10,138
—
$154,900
—
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 717 16th St
717 16th St, Union City, NJ 07087 (MLS# 250024593) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 717 16th St is currently listed for $974,900 and was received on December 05, 2025. Want to learn more about 717 16th 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.
