Sold for $1,200,000

$1,200,000

501 New York Ave, Union City, NJ 07087

7beds

--sqft

MultiFamily

Built in ----

-- sqft lot

$1,246,900 Zestimate^®

$--/sqft

$3,170 Estimated rent

Home value

$1,246,900

$1.15M - $1.36M

$3,170/mo

Zestimate^® history

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$3,170/mo

Rent Zestimate^®

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$8,147/mo

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$8,147/mo

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What's special

This impressively designed three-family home is filled with natural light and features a total of 8 large bedrooms and 5 full bathrooms. Each unit includes attractive hardwood floors and a modern, open layout. Ample closet space and the convenience of a washer and dryer in each unit add to the appeal. The property also includes a 2-car garage and is ideally located in a highly sought-after area. With all 3 units currently occupied, this 18-year-old property serves as a lucrative income generator. Additional amenities include a 2-car garage, central air conditioning, and washer/dryer hookups. The top two floors each consist of 3 bedrooms and 2 bathrooms, while the ground floor unit offers 2 bedrooms and 1 bathroom. Its location is perfect for NYC commuters, with close proximity to NYC buses and just a 10-minute walk to NJ Transit Lite Rail, providing connections to Hoboken, Waterway ferries, and PATH trains.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Hot Water

Cooling

Central Air

Features

Basement: None

Property

Parking

Parking features: 2 Cars, Attached

Details

Parcel number: 1000024000000001

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi Level

Materials

Brick

Community & HOA

Location

Region: Union City

Financial & listing details

Tax assessed value: $1,087,200
Annual tax amount: $14,822
Date on market: 4/28/2025

Price history

Date	Event	Price
1/30/2025	Sold	$1,200,000+0.4%
Source: HCMLS #240018085 Report a problem
12/18/2024	Pending sale	$1,195,000
Source: NJMLS #24029607 Report a problem
11/14/2024	Listing removed	$1,195,000
Source: NJMLS #24029607 Report a problem
9/12/2024	Listed for sale	$1,195,000+23.2%
Source: NJMLS #24029607 Report a problem
9/12/2022	Listing removed	--
Source: HCMLS #220015687 Report a problem
8/31/2022	Listed for sale	$970,000
Source: HCMLS #220015687 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$20,091 +1.7%	$1,087,200 +1.7%
2024	$19,764 +33.2%	$1,069,500 +434.8%
2023	$14,842 +612.2%	$200,000
2022	$2,084 +5.1%	$200,000
2021	$1,983 -2.8%	$200,000
2020	$2,041 -84.8%	$200,000
2019	$13,420 -2.8%	$200,000
2018	$13,808 +0.2%	$200,000
2017	$13,780 +1.8%	$200,000
2016	$13,542 +2.2%	$200,000
2015	$13,248 +1.2%	$200,000
2014	$13,090 -5.6%	$200,000
2013	$13,865 +3.4%	$200,000 -7.7%
2012	$13,405 +4.4%	$216,600
2011	$12,844 +33.6%	$216,600
2010	$9,611 +56.2%	$216,600 +29.5%
2009	$6,153	$167,200 +144.4%
2008	--	$68,400
2007	--	$68,400