416 2ND ST, Union City, NJ 07087

Union City
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
416 2ND ST,Union City, NJ 07087
$1,800,000
  • - Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tarek hassieb
Office: prominent properties sotheby's international realty201-795-5200
MLS#:260017342
Source:NJ_HCMLS

Price summary

  • Price:$1,800,000

About this home

416 2nd Street, Union City. Three furnished residences. Nine bedrooms. Six full baths. Private terraces. Parking. And projected gross income of approximately $187,200 per year. Welcome to 416 2nd Street—an investment opportunity built for today’s rental market. Built in 2008 and located alongside Washington Park, this substantial three-family offers three fully furnished 3-bedroom, 2-bath residences, each with central air, in-unit washer/dryer and a private terrace. The setup creates multiple rental strategies, including traditional leasing, corporate housing, relocation, insurance-displacement stays and extended work assignments. The numbers make the opportunity especially compelling. Current asking rents are $6,300 for Unit 1, $4,500 for Unit 2 and $4,500 for Unit 3, totaling $183,600 in projected annual residential income. Add approximately $350/month in potential parking income, and projected gross income reaches approximately $183,600 annually. With 2025 property taxes of...

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Home facts

  • Listing ID #:260017342
  • Added:38 day(s) ago
  • Updated:October 06, 2026 at 03:55 PM

Rooms and interior

  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Basement Description:Finished, Full

Heating and cooling

  • Cooling:A/C Central, Gas
  • Heating:Gas, Hot Air

Structure and exterior

  • Architectural Style:Contemporary
  • Construction Materials:Brick

Finances and disclosures

  • Price:$1,800,000
  • Tax amount:$21,915

Parking

  • Parking description:3+ Cars, Attached, Garage
The data relating to real estate for sale or rent on this website comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Realty Connect are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for 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 or renting.

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