$10,000 Closing Credit¹
#250005058, Listing Office: REMAX VILLA REALTORS
$1,999,995 List price
512 Monastery Pl Union City, NJ 07087
$10,000
Closing credit¹
12 beds
7 full
Multi-Family
Property details
About 512 Monastery Pl
Rare Investment Opportunity in the Heart of Union City! A truly unique opportunity to own a turn-key, 4-family property just minutes from Midtown Manhattan. Ultra-high rental income due to new development which enabled removal of rent control. This exceptional offering includes two separate structures—a front 2-family home and a rear 2-family home—connected by a charming shared courtyard. Unit 1 offers 1st floor and finished basement. It is fully updated with 3 bedrooms and 2 bathrooms. Unit 2 offers 3 bedrooms and 1 bathroom and is also fully updated. Unit 3 which is part of the rear home, offers 3 bedrooms and 2 bathrooms. Unit 4 offers 2 bedrooms and and 2 bathrooms with a huge private deck. Unit 3 and 4 are brand new renovations. Each unit has separate utilities, laundry in unit, and leases are on file. The property is ideally located just steps from NYC transportation, and near vibrant nightlife, top restaurants, cozy coffee shops, shopping, places of worship, and easy access to Hoboken & Weehawken. Don’t miss out on this rare opportunity—schedule a showing today!
Highlights
Home typeQuadruplex
HeatingBaseboard, Natural Gas
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
BasementYes
MLS #250004478
Summary
- MLS Number: 250004478
- MLS Name: HudsonCountyNJ
- Office Name: CHRISTIES INTERNATIONAL REAL ESTATE GRP
- Office Phone: (201) 975-4141
The 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: 4/17/2025, 5:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,999,995
512 Monastery Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 08, 2023 | Home Sold | $800,000 |
| Jan 28, 2020 | Home Sold | $520,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $605,300 | $10,378 |
| 2022 | $135,000 | $9,969 |
| 2021 | $135,000 | $9,969 |
| 2020 | $135,000 | $9,589 |
| 2019 | $135,000 | $9,409 |
History based on county public records data.
Nearby schools
6
Colin Powell Elementary School
Public District KG-5
0.3 mi
•1500 New York Ave
5
Hudson Elementary School
Public District PK-3
0.3 mi
•167 19th St
6
Veterans' Memorial Elementary School
Public District PK-5
0.3 mi
•1401 Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,944. Residents of Union City, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
19%
<35k
66%
35k-100k
9%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 512 Monastery Pl in Union City, NJ and zip code 07087. Features: 12 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $1,999,995.
Over 3 listings were sold over their listed price in March 2025 in Union City, NJ. In the same period over 7 listings were sold below the listed price and 4 listings were sold for the listed price. In March 2025 in Union City, NJ there were 16.7% more homes for sale than in February. In March 2025 median list price was $475,000 and the average listing age was 64 days.
From Rocket Homes Real Estate and based on county public records data.