414 Monastery Pl
Union City, NJ 07087
11
Bed
4
Bath
414 Monastery Place, Union City | 3-Family Investment | $849,000 A strong investment should make sense today and still leave room for tomorrow. 414 Monastery Place does exactly that. Recently updated and fully occupied, this 8-bedroom, 3-full-bath, 3-family generates approximately $83,400 in annual gross rental income with reasonable operating expenses and a projected 8.1% cap rate based solely on the 3-family. For investors, it’s a straightforward opportunity: three income-producing units, strong gross rents, an attractive return and long-term upside in one of Hudson County’s active rental markets. For an owner-occupant, the property also offers future flexibility to live in one unit when available while income from the others helps offset ownership costs. And for the buyer thinking bigge
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11Bathroom Information
Full Baths: 4Room Information
Has Basement: Yes Basement: Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Construction Materials: Shingle Siding Private Pool: No
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Listing Price Information
Listing Price: $849000
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Tax Information
Tax Lot: 35 Tax Year: 2025 Annual Tax: $11095
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 202 41st St, Union City, NJ, 07087 | $1,449,000 | 8 | 5 | -- | -- |
| 200 38th St, Union City, NJ, 07087 | $1,200,000 | 4 | 2.5 | -- | -- |
| 3414 Hudson Ave, Union City, NJ, 07087 | $1,599,000 | 9 | 6 | -- | -- |
| 510 Lincoln St, Union City, NJ, 07087 | $1,200,000 | 7 | 3 | -- | -- |
| 3507 New York Ave, Union City, NJ, 07087 | $995,000 | 5 | 3 | -- | -- |
| 507 32nd St, Union City, NJ, 07087 | $1,600,000 | -- | -- | -- | -- |
| 1515 Manhattan Ave, Union City, NJ, 07087 | $599,000 | -- | -- | -- | -- |
| 2305 New York Ave, Union City, NJ, 07087 | $1,090,000 | 6 | 3.5 | -- | -- |
| 1709 Palisade Ave, Union City, NJ, 07087 | $849,000 | 6 | 3 | -- | -- |
| 414 24th St, Union City, NJ, 07087 | $1,200,000 | 6 | 2 | -- | -- |
Similar Multifamily To 414 Monastery Pl
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ByOwner last updated this listing 09/11/2026 @ 19:24
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