#250000598, Listing Office: KELLER WILLIAMS CITY LIFE REALTY
705 8th St Union City, NJ 07087
Property details
About 705 8th St
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.
Highlights
(ACTIVE)
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 6
- Architectural Style: Multi-Level, Other-See Remarks
- Heating: Baseboard, Electric, Natural Gas
- List Price: $949,000
- Annual Tax Amount: $17,164
- Tax Year: 2024
- MLS Number: 250010180
- MLS Name: HudsonCountyNJ
- Office Name: EXP REALTY LLC
- Office Phone: (866) 201-6210
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 8:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$949,000
705 8th St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 20, 2021 | Home Sold | $709,000 |
Nov 22, 2019 | Home Sold | $296,400 |
Oct 24, 2005 | Home Sold | $415,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $690,300 | $17,164 |
2022 | $231,300 | $10,183 |
2021 | $137,900 | $10,183 |
2020 | $137,900 | $9,795 |
2019 | $137,900 | $9,795 |
History based on county public records data.
Nearby schools
6
Thomas a Edison Elementary School
Public District PK-6
0.1 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
0.5 mi
•1500 New York 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 $54,851. The majority of Union City, NJ residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 705 8th St in Union City, NJ and zip code 07087. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $949,000.
Union City, NJ housing market in April 2025 saw over 8 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. In April 2025 in Union City, NJ there were 7.3% more homes for sale than in March. Listings spent 32 days on the market in April 2025, and had a median list price of $470,000 during the same period.