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Listed by Jason Naggiar Serhant New Jersey LLC
$ 899,000
Est. payment | /mo
11 Beds
4 Baths
$ 899,000
Est. payment | /mo
11 Beds
4 Baths
Key Details
Property Type Single Family Home
Sub Type Bi-Level
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26012269
Style Bi-Level
Bedrooms 11
Full Baths 4
Annual Tax Amount $16,980
Property Sub-Type Bi-Level
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.
Location
State NJ
County Hudson
Rooms
Basement None
Interior
Heating Gas, Hot Water, Radiators
Cooling None
Exterior
Parking Features None
Pool None
Waterfront Description None
Building
Lot Description Regular
Schools
Elementary Schools Colin Powell Element
High Schools Jose Marti Stem Acad
Others
Ownership Private
