217-219 New York Ave
Listing Notes
217-219 New York Ave, Union City, NJ - Offered at $975,000 | Rare 4-Family Opportunity on a 50x50 Lot. Welcome to 217-219 New York Ave, a rare opportunity to own a solid four-family property in one of Union City's most convenient and consistently high-demand locations. Situated on an oversized 50x50 lot with driveway parking, this property offers strong income potential, long-term upside, and flexibility for both investors and owner-occupants looking to offset expenses with substantial rental income. The building spans four levels and features a total of 8 bedrooms, 4 full baths, 4 kitchens, multiple living spaces, and additional flexible space. Each residential level offers a traditional 2-bedroom, 1-bath layout that continues to perform well with strong local rental demand. The property may also be eligible for exemption from rent control, presenting even greater long-term value and future income growth potential for qualified buyers. Additional features include gas utilities, baseboard and radiator heat, and a durable low-maintenance exterior with aluminum/vinyl siding and stone finishes. Annual taxes for 2025 are $11,943.95. Exceptionally close to Washington Park, the property is surrounded by local restaurants, cafes, shopping, schools, and neighborhood conveniences. Commuters will appreciate easy access to NJ Transit bus service into Port Authority, nearby light rail connections, and quick routes into Hoboken, Jersey City, and Manhattan via Route 495 and the Lincoln Tunnel. With its oversized lot dimensions, strong location, and flexible layout, this property also presents exciting possibilities for future expansion, redevelopment, or reconfiguration opportunities subject to approvals. Opportunities like this are becoming increasingly difficult to find in today's market.
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $545,000 to $1,200,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 100 Manhattan Ave Apt 2312 | $545,000 | 2 bd · 2 ba |
| 100 Manhattan Ave Apt 2010 | $549,000 | 2 bd · 2 ba |
| 315 7th St Apt 504 | $549,000 | 3 bd · 2 ba |
| 100 Manhattan Ave Apt 2012 | $575,000 | 2 bd · 2 ba |
| 413 4th St | $579,000 | 3 bd · 1 ba |
| 100 Manhattan Ave Apt 2314 | $580,000 | 2 bd · 2 ba |
| 100 Manhattan Ave Apt 1208 | $585,000 | 2 bd · 2 ba |
| 419A 4th St | $600,000 | 6 bd · 2 ba |
| 517 7th St Unit 2A | $660,000 | 2 bd · 2 ba |
| 418 7th St | $719,000 | 4 bd · 3 ba |
| 512 4th St Unit 3 | $729,000 | 3 bd · 2 ba |
| 419 3rd St | $730,000 | 4 bd · 2 ba |
| 501 Palisade Ave | $799,000 | 5 bd · 3 ba |
| 668 Palisade Ave | $799,000 | 4 bd · 2 ba |
| 306 Bergenline Ave | $800,000 | 5 bd · 2 ba |
| 505 5th St | $815,000 | 10 bd · 4 ba |
| 610 New York Ave | $875,000 | 3 bd · 5 ba |
| 508 7th St | $890,000 | 8 bd · 4 ba |
| 414 New York Ave Unit 1 | $899,000 | 3 bd · 2 ba |
| 308 5th St | $1,048,000 | 5 bd · 3 ba |
| 207 New York Ave | $1,049,000 | 3 bd · 4 ba |
| 369 Webster Ave | $1,149,000 | 3 bd · 2 ba |
| 344 Paterson Plank Rd Unit Ph | $1,200,000 | 3 bd · 2 ba |
| 344 Paterson Plank Rd Unit Ph | $1,200,000 | 3 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more