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Listed with Jason Naggiar | 917-972-1790, Serhant New Jersey LLC
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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.
| Last Updated | 4/15/2026 | Year Built | 0 |
|---|---|---|---|
| County | HUDSON |
SCHOOLS
| Elementary School | Colin Powell Element |
|---|---|
| Jr. High School | Sara M. Gilmore Acad |
| High School | Jose Marti STEM Acad |
Price History
| Prior to Apr 15, '26 | $995,000 |
|---|---|
| Apr 15, '26 - Today | $899,000 |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | None |
| CONSTRUCTION | Other |
| HEAT | Hot Water, Natural Gas |
| POOL DESCRIPTION | None |
| TAXES | 16980 |
| VIEW DESCRIPTION | None |
Location
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Coldwell Banker Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 4/16/26 1:25 PM PDT Source: New Jersey Multiple Listing, Inc.
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