Well-maintained multi-family property offering stable, in-place income in a consistently strong rental market. 414 Monastery Place is comprised of multiple residential units with a reliable rent roll already in place, making it an ideal acquisition for investors seeking predictable cash flow without the need for repositioning or renovation. The building features practical layouts, solid tenancy, and straightforward operations - designed for ease of ownership and long-term hold. Expenses are manageable, and the asset performs as a true income-producing property from day one. Located on a quiet residential block in Union City, the property benefits from proximity to transportation into Manhattan, as well as access to local retail, dining, and everyday conveniences. The area continues to attract steady rental demand driven by its accessibility and relative affordability compared to surrounding markets. This is a no-frills, income-generating asset - built for investors who value consistency, stability, and simplicity.
Listing By
Agency Name: Serhant New Jersey LLC
Agency Phone: 201-814-6000
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 3,677.99 per month $2,000.78 Principal & Interest $1,415.00 Property Tax $262.21 Homeowner's InsuranceSend an email with a link to
414 Monastery Place, Union City, NJ 07087.
414 Monastery Place | MLS# 26012269
This single family home located at 414 Monastery Place, Union City, NJ 07087 is currently listed for sale with an asking price of $899,000. This property has 11 bedrooms and 4 full baths. Search Union City real estate on www.joycerealty.com today.