Property Description
414 Monastery Place - Opportunity Without Ceiling. Can be delivered vacant and ready to go, 414 Monastery Place is a rare chance to step into a high-upside asset in one of Union City's most accessible and evolving pockets. Whether you are an end user looking to create your own space or an investor targeting strong future resale, this is a clean slate with real leverage. This remarkable triple deed lot with a massive outdoor space is a one of a kind setup. The property comes with plans in motion for renovation (buyer to verify), giving you a head start on unlocking its full potential. With the right vision, this becomes a significantly more valuable asset - period. Location matters here. You are a minutes from NYC transit, surrounded by consistent rental demand, and positioned in a market where renovated product continues to outperform. Delivered vacant, you have flexibility: Renovate and resell for maximum upside; Customize and move in; Execute a long-term hold strategy with strong rental potential. In today's market, the deals that make the most money are the ones where you can create value. This is one of them. This is not turnkey. This is opportunity.
Overview
Property Type
Residential
Location
414 Monastery Place, Union City, NJ 07087
MLS ID
26012269
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
11
Full Bathrooms
4
Exterior
Pool
None
Heat Type
Natural Gas, Hot Water
Air Conditioning
None
Details
Neighborhood
Jersey City
View Description
None
Financial
Price
$995,000
Real Estate Tax
$11,095/yr
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