$825,000

516 9th St Union City, NJ 07087

$9,797
Closing credit¹
4 beds
4 full
Multi-Family

Property details

About 516 9th St

Don’t miss this fantastic 4-family property featuring four spacious 1-bedroom units in the heart of Union City. Two of the units, located on the top floor, are currently vacant—offering immediate rental income potential or the perfect opportunity for an owner-occupant or value-add investor. Each of the four units has a generous layout with great natural light. The two vacant units on the top floor are move-in ready and offer flexibility for new tenants or customization. Located in a rapidly growing neighborhood with strong rental demand, this property is well-positioned for long-term value. The home sits on 9th Street, just minutes from major public transportation, making commuting to Manhattan and nearby areas easy and convenient. Local shops, cafes, and restaurants are within walking distance, creating a vibrant and accessible lifestyle. Green spaces like Washington Park are nearby, offering a great spot for outdoor activities. Hoboken and major highways are just a short drive away. With two units ready to go, this property gives you the option to generate income right away or live in one unit while renting out the others. It’s a great opportunity in a desirable, commuter-friendly area. Schedule a viewing today to explore everything this Union City gem has to offer.

Highlights

Home typeQuadruplex
HeatingElectric
StatusActive
(ACTIVE)
CoolingCentral Air
BasementYes
MLS #250006359

Summary

  • MLS Number: 250006359
  • MLS Name: HudsonCountyNJ
  • Office Name: COMPASS
  • Office Email: thevipteam@compass.com

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: 4/6/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living area with baseboards, visible vents, and wood finished floors

$825,000

516 9th St

$9,797

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 26, 2024
Home Sold
$650,000
May 25, 2005
Home Sold
$180,000

Tax history

YearAssessmentProperty Tax
2024$704,200$13,069
2022$170,000$12,551
2021$170,000$12,551
2020$170,000$12,075
2019$170,000$11,849

History based on county public records data.

Nearby schools

6

Thomas a Edison Elementary School

Public District PK-6

0.2 mi

507 West St

6

Veterans' Memorial Elementary School

Public District PK-5

0.3 mi

1401 Central Ave

6

Colin Powell Elementary School

Public District KG-5

0.4 mi

1500 New York 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 $43,357. The majority of Union City, NJ residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
43%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

33%
Single, No Kids
29%
Single, with Kids
15%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 516 9th St in Union City, NJ and zip code 07087. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $825,000.

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. The inventory of homes for sale in Union City, NJ between February and March 2025 increased by 16.7%. Listings spent 64 days on the market in March 2025, and had a median list price of $475,000 during the same period.

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

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