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514 Monastery Place

Union City NJ 07087

5
4
Duplex
Currently for sale - view listing

Overview

Mixed use investment property for sale including three residential apartments and one commercial space. The commercial space is built-out as a commercial recording studio and is currently in operation on a month to month lease. The build-out of the recording studio will remain with the sale, and the equipment is also available separately. The three spacious apartments are all occupied and also on month to month leases. The two story building has over 4,000 sq ft of usable space across two floors. Located a few short blocks away from the Weehawken & Union City Reservoir Park and NYC bus routes. A plethora of restaurants and shopping around the corner of Bergenline Ave, plus just a short ride down to Hoboken.

Features

5 bedrooms
4 bathrooms
Duplex

Property history for 514 Monastery Place

2021
Sold
$680,000
18 Jun 2021 by DANIEL FLEISHER, of Liberty Realty LLC

Happy sellers in Union City

92%
92% of sellers in Union City reported that their sale price either exceeded or met their price expectations.

Union City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Union City over the last 12 months.

Local market activity for 5 bedroom duplexes in Union City

In the last 12 months, 14 five-bedroom duplexes similar to 514 Monastery Place, have been sold.

This represents a 85% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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