$10,000

closing credit¹

201 16th St Union City, NJ 07087

$1,259,000
6 beds
3 full, 1 partial
Multi-Family

Property details

About 201 16th St

Check out this amazing investment opportunity right in the heart of Union City just a short distance from Hoboken sitting on the busy corner of 16th and Manhattan Ave! This mixed-use property offers the perfect blend of business and residential potential.The ground floor is home to Fork Hill Kitchen, a popular and successful restaurant that generates consistent revenue and attracts a steady flow of customers. Upstairs, there are three spacious and updated 2-bedroom, 1-bath apartments. Each unit has separate gas and electric utilities, keeping operating costs low. Plus, recent upgrades include a new roof(2022), new windows throughout the building and two brand-new water heaters, making this a true turnkey investment. *see floor plan. If you’re looking for a solid, income-producing property with a mix of commercial and residential appeal in a prime location, this is it!

Highlights

Home typeQuadruplex
HeatingNatural Gas
StatusActive
(ACTIVE)
BasementYes
MLS #250001667

Summary

  • MLS Number: 250001667
  • MLS Name: HudsonCountyNJ
  • Office Name: KELLER WILLIAMS VILLAGE SQUARE REALTY
  • Office Phone: (201) 445-4300

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 6:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$1,259,000

201 16th St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 11, 2006
Home Sold
$530,000
Dec 20, 2005
Home Sold
$485,000
Apr 30, 1996
Home Sold
$155,000

Tax history

YearAssessmentProperty Tax
2024$900,200$16,529
2022$215,000$15,877
2021$215,000$15,877
2020$215,000$14,206
2019$200,000$13,940

History based on county public records data.

Nearby schools

6

Colin Powell Elementary School

Public District KG-5

0.1 mi

1500 New York Ave

5

Hudson Elementary School

Public District PK-3

0.1 mi

167 19th St

6

Veterans' Memorial Elementary School

Public District PK-5

0.4 mi

1401 Central Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,412. Residents of Union City, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

33%
<35k
40%
35k-100k
25%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
12%
Single, with Kids
19%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 201 16th St in Union City, NJ and zip code 07087. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 25, 2025 and is currently priced at $1,259,000.

Over 4 listings were sold over their listed price in December 2024 in Union City, NJ. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price. Between November and December 2024, Union City, NJ real estate market has seen decrease in the number of listings by 8.9%. The median list price of listings available in December 2024 was $465,000, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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