Agent profile image in chat bubble
Agent profile image in chat header

Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

Agent profile image in message

I agree to receive automated marketing calls and texts (SMS/MMS) from Opulent Living | Keller Williams City Life, its affiliates and their agents. Msg & data rates may apply. Msg frequency varies. Reply STOP to cancel. Consent is not required for purchase. I also agree to the Terms of Use and Privacy Policy.

main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
main property photo 6
main property photo 7
main property photo 8
main property photo 9
main property photo 10
main property photo 11
main property photo 12
main property photo 13
main property photo 14
main property photo 15
main property photo 16
main property photo 17
main property photo 18
main property photo 19
View All (20)
property photo 1
property photo 2
property photo 3
414 Monastery Pl , Union City, NJ 07087
$899,000
Est. Payment: $4,575.20/mo
11 Bed
4 Bath
0 Sqft
Status: active | Days on site: 78
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

Agent profile image
Susan Maryanski
Operator
View agent profile
Email
Call

House Description

414 Monastery Place in Union City, New Jersey offers a rare opportunity to acquire one of the largest development lots in Union City, combined with a four-family asset that provides both in-place income and clear upside. The property is configured with three three-bedroom, one-bath units and one two-bedroom, one-bath unit, offering a strong unit mix that consistently attracts renters in this market. Set on a massive triple lot, the property also delivers an unmatched outdoor space experience for residents, a feature that is exceptionally rare in this area and a meaningful driver of tenant demand and long-term value. Two of the units are currently vacant, allowing a new owner to immediately lease at market rates and significantly increase cash flow from day one. The remaining occupied units are rent stabilized, providing steady baseline income with the potential to grow the overall rent roll over time. This is a true value-add opportunity with the ability to improve income through leasing the vacant units, optimizing rents, and potentially expanding the property to add additional rental units, subject to buyer verification. While condo conversion is currently not permitted in Union City, the property stands out as a strong long-term rental investment with scalability in a supply-constrained market. Located on Monastery Place, the asset benefits from close proximity to New York City transit, consistent rental demand, and ongoing neighborhood growth.
Show more

Highlights

Listed by Jason Naggiar , 917-972-1790 Serhant New Jersey LLC , 646-480-7665. New Jersey Multiple Listing Service mls logo

Property Type

Multi-Family

County

Hudson

Area

Union City

Listing ID

26015818

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Other:19

Exterior Features
Principal Interest
$4,575
Taxes
$1,415

Home Price

$899,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,575.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,575.20 $1,415.00 $0.00 $5,990.20
Yearly $54,902.37 $16,980.00 $0.00 $71,882.37
Total $1,647,071.17 $509,400.00 $0.00 $2,156,471.17

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Jul 2026

Average Price

All Price Ranges
N/A
Jul 2026

Average Days on Market

All Price Ranges
N/A
Jul 2026
Market insight data is pulled from the same city as the listing being viewed (Union City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NJMLS, Real Estate listings held by brokerage firms other than the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-07-22T03:59:50.000Z

© 2026 New Jersey Multiple Listing Service

MLS Logo - New Jersey Multiple Listing Service