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Sold for $850,000
  • $850,000

    505 5th St APT 3, Union City, NJ 07087

    10beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $852,600 Zestimate®
    $--/sqft
    $3,241 Estimated rent

    Home value

    $852,600

    $776,000 - $938,000

    $3,241/mo

    Zestimate® history
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    $3,241/mo

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    What's special

    Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. All units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Two apartments are large spacious 3 bedrooms, 1-bathroom units, the other two apartments are 2 bedrooms, 1 bathroom. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHAEL SCLAFANI,

    REMAX CENTRAL 732-972-1000

    Bought with:

    NON-MEMBER

    Source: HCMLS,MLS#: 260000478

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Features
    • Basement: Full

    Property

    Parking
    • Parking features: None
    Details
    • Parcel number: 1000016000000007

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Brownstone
    Materials
    • Brick

    Community & HOA

    Location
    • Region: Union City

    Financial & listing details

    • Tax assessed value: $851,100
    • Annual tax amount: $16,160
    • Date on market: 8/6/2026

    Price history

    DateEventPrice
    8/6/2026Sold$850,000+4.3%
    Source: HCMLS #260000478 Report a problem
    4/16/2026Pending sale$815,000
    Source: MoreMLS #22600277 Report a problem
    2/19/2026Price change$815,000-1.2%
    Source: MoreMLS #22600277 Report a problem
    1/5/2026Price change$825,000-5.6%
    Source: MoreMLS #22600277 Report a problem
    4/1/2025Price change$874,000-0.1%
    Source: HCMLS #250002222 Report a problem
    4/1/2025Price change$874,999-2.7%
    Source: MoreMLS #22501507 Report a problem
    1/17/2025Listed for sale$899,000
    Source: MoreMLS #22501507 Report a problem
    8/20/2024Listing removed--
    Source: GSMLS #3912853 Report a problem
    7/12/2024Listed for sale$899,000+12.4%
    Source: GSMLS #3912853 Report a problem
    9/13/2020Listing removed$1,650
    Source: Zillow Rental Manager Report a problem
    8/7/2020Listed for rent$1,650-8.3%
    Source: Zillow Rental Manager Report a problem
    3/30/2020Listing removed$799,900
    Source: VRI Homes #22001775 Report a problem
    1/16/2020Listed for sale$799,900+20.3%
    Source: VRI Homes #22001775 Report a problem
    4/25/2019Listing removed$1,800
    Source: Zillow Rental Manager Report a problem
    4/18/2019Listed for rent$1,800
    Source: Zillow Rental Manager Report a problem
    4/17/2019Sold$665,000+30.4%
    Source: Public Record Report a problem
    1/25/2019Sold$510,000+97.8%
    Source: HCMLS #180016300 Report a problem
    2/13/2003Sold$257,800+74.2%
    Source: Public Record Report a problem
    3/27/1997Sold$148,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,728 -2.7%$851,100 +304.9%
    2023$16,160 +550.6%$210,200
    2022$2,484 +5.3%$210,200
    2021$2,358 -2.2%$210,200
    2020$2,412 -82%$210,200 +5%
    2019$13,433 +0.9%$200,200
    2018$13,313 +0.2%$200,200
    2017$13,281 +1.8%$200,200
    2016$13,045 +2.3%$200,200
    2015$12,755 +1.2%$200,200
    2014$12,603 +2.3%$200,200
    2013$12,314 +3.6%$200,200
    2012$11,884 +4.5%$200,200
    2011$11,369 +3.3%$200,200
    2010$11,011 +5.3%$200,200
    2009$10,457 $200,200
    2008-- $200,200
    2007-- $200,200
    2006-- $200,200 +5.3%
    2005-- $190,200
    2004-- $190,200
    2003-- $190,200
    2002-- $190,200
    2001-- $190,200
    Find assessor info on the county website

    Neighborhood: 07087

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $852,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $852,600