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414 Monastery Place, Union City, NJ 07087

$899,000
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New to the Market Active Price Reduced $56,000 on April 13th, 2026
BEDS11 BATHS4 full MLS#26012269
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

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.

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.

Property Features

Property Type: Residential - Single Family
Cooling: None
Heating: Gas, Hot Water, Radiators
Taxes: $16,980

Feature Descriptions

Days on Site: 4
Exterior: Other
Lifestyle: Close/Parks, Close/School, Close/SHOPPING, Close/TRANSPORTATION, Close/WORSHIP
Lot: Regular
Number of Rooms: 19
Swimming Pool: None

Local Schools

High School: Jose Marti STEM Acad
Middle School: Sara M. Gilmore Acad
Elementary School: Colin Powell Element

Listed By / Shown By

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 Insurance

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