Prime development opportunity in the heart of Union City. This residential lot is being offered with approved plans for a new two-family residence with on-site parking. The existing structure is a tear-down, presenting a rare opportunity for developers, builders, investors, or end-users to bring a fully approved project to life without the uncertainty and delays often associated with the approval process. Ideally situated on a desirable residential block, the property offers convenient access to public transportation, shopping, restaurants, schools, parks, and major commuter routes. Its proximity to New York City, combined with Union City's strong housing demand and continued growth, makes this an exceptional investment opportunity. Approved plans available upon request.
Lot/land
$550,000
508 40th St, Union City, NJ 07087
--beds
--baths
2,550Square Feet
VacantLand
Built in ----
2,550 Square Feet Lot
$443,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 16 days |
- 348 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
DENIZ PEREZ,
SKY REALTY INTERNATIONAL LLC 201-301-8400
Source: HCMLS,MLS#: 260012140
Estimated market value
$443,900
$386,000 - $515,000
$2,319/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listed for sale | $550,000+64.2% |
Source: HCMLS #260012140 Report a problem | ||
| 11/19/2024 | Sold | $335,000-10.7% |
Source: HCMLS #240009595 Report a problem | ||
| 7/22/2024 | Listing removed | $375,000 |
Source: HCMLS #240009595 Report a problem | ||
| 7/8/2024 | Listed for sale | $375,000 |
Source: HCMLS #240009595 Report a problem | ||
| 6/21/2024 | Listing removed | -- |
Source: HCMLS #240009595 Report a problem | ||
| 5/20/2024 | Listed for sale | $375,000-12.6% |
Source: HCMLS #240009595 Report a problem | ||
| 8/28/2023 | Listing removed | -- |
Source: HCMLS #230002820 Report a problem | ||
| 2/20/2023 | Listed for sale | $429,000 |
Source: HCMLS #230002820 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,703 -21.3% | $308,600 -21.3% |
| 2024 | $7,248 +3.6% | $392,200 +331% |
| 2023 | $6,996 +550.6% | $91,000 |
| 2022 | $1,075 +5.3% | $91,000 |
| 2021 | $1,021 -2.2% | $91,000 |
| 2020 | $1,044 -82.2% | $91,000 |
| 2019 | $5,856 +0.9% | $91,000 |
| 2018 | $5,802 +0.3% | $91,000 |
| 2017 | $5,787 +1.9% | $91,000 |
| 2016 | $5,680 +2.4% | $91,000 |
| 2015 | $5,548 +1.3% | $91,000 |
| 2014 | $5,478 +2.5% | $91,000 |
| 2013 | $5,347 +3.8% | $91,000 |
| 2012 | $5,152 +4.8% | $91,000 |
| 2011 | $4,918 +3.4% | $91,000 |
| 2010 | $4,755 +5.6% | $91,000 |
| 2009 | $4,503 | $91,000 |
| 2008 | -- | $91,000 |
| 2007 | -- | $91,000 |
| 2006 | -- | $91,000 |
| 2005 | -- | $91,000 |
| 2004 | -- | $91,000 |
| 2003 | -- | $91,000 |
| 2002 | -- | $91,000 |
| 2001 | -- | $91,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 07087
Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: K-6Distance: 0.1 mi
- 8/10Union Hill Middle SchoolGrades: 7-8Distance: 0.3 mi
- 3/10Union City High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Hudson County
- Union City
- 07087
- 508 40th St
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