509 Monastery Pl

$1,150,000
Price
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor’s Dream in Prime Union City Location! This Legal 4-family property with a bonus studio offers excellent rental income and long-term upside in one of Hudson County’s most commuter-friendly neighborhoods—just minutes to NYC via bus or light rail, Steps from Bergenline Ave, and close to parks, shopping, and schools. The first floor features Unit 1L: 1 bedroom, 1 bath, 1R: 2 bedrooms, 1 bath, The second floor offers Unit 2L: 2 bedrooms, 1 bath and Unit 2R: 2 bedrooms, 1 bath. Additional features...Investor’s Dream in Prime Union City Location! This Legal 4-family property with a bonus studio offers excellent rental income and long-term upside in one of Hudson County’s most commuter-friendly neighborhoods—just minutes to NYC via bus or light rail, Steps from Bergenline Ave, and close to parks, shopping, and schools. The first floor features Unit 1L: 1 bedroom, 1 bath, 1R: 2 bedrooms, 1 bath, The second floor offers Unit 2L: 2 bedrooms, 1 bath and Unit 2R: 2 bedrooms, 1 bath. Additional features include a shared laundry area in the basement, a bath and separate utilities for each unit, Heat & Water paid by the owner. With low taxes and strong tenant demand, this is a high-performing asset generating immediate cash flow. Whether you're house-hacking or expanding your investment portfolio, this opportunity is not to be missed!
  1. Listed by DANIELLE GENOVESE • PREMIUMONE REALTY LLC

Property Details for 509 Monastery Place

Architectural Style
Multi-Level
Type Of Parking
None
Geo Subdivision
NJ
Area
Union City
Heating & Cooling
Gas, Radiators
LISTING UPDATED: 11/03/2025 02:49 PM

Property Details for 509 Monastery Place

StatusActive
MLS #250019109
Days on Market113
Taxes$13,528 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 4 Family
Year Built-
Lot Size0.06 AC / 2,700 SF
CountyHudson County

Location

Listing Courtesy of PREMIUMONE REALTY LLC, DANIELLE GENOVESE
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Building Information for 509 Monastery Place

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,700 SF

Payment Calculator

$6,732 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$1,127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 509 Monastery Place

Summary
Location and General Information
  • Address: 509 MONASTERY PL
  • Address Number: 509
  • Address Search Number: 509
  • Between: New York Ave & 19th St
  • Geo Address Line: 509 Monastery Pl
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Postal Code: 07087
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 09-16-2025
  • Geo Zoom Level: 16.0
  • Street Name: MONASTERY PL
  • City Name: Union City
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 09-16-2025
  • Tax Year: 2023
  • Taxes: $13,528
Property
Lot Information
  • Block: 103
  • Lot: 9
  • Lot Dimensions: 27X100
Property and Assessments
  • Assessed Value: $1,020,000
  • Assessed Value Year: 2024
  • Associated Document Count: 2
  • Charge: Y
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum/Vinyl, Brick
Interior Features
  • Basement Description: Finished
  • Basement Bedrooms: 1
  • Basement Full Baths: 2
  • Fl1 Rooms: 7
  • Fl2 Rooms: 8
  • Fl3 Rooms: 0
  • Fl4 Rooms: 0
  • Floor 1 Bedrooms: 3
  • Floor 1 Full Baths: 2
  • Floor 1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Floor 2 Bedrooms: 4
  • Floor 2 Full Baths: 2
  • Floor 2 Kitchens: 2
  • Floor 2 Living Rooms: 2
  • Total Dining Rooms: 0
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • Total Other Rooms: 0
  • Num of Baths: 6
  • Half Baths Total: 0
  • Full Baths Total: 6
  • Num Full Baths: 6
  • Num Half Baths: 0
  • Bedrooms Total: 8

Property History for 509 Monastery Place

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Listed (Active)

HUDSON_COUNTY #250019109

$1,150,000
Aug 13, 2025

Off Market

HUDSON_COUNTY #250015372

Jul 28, 2025

Listed (Active)

HUDSON_COUNTY #250015372

$1,150,000
Sep 16, 2004

Sold (Public Record)

Public Record #163409829

$362,500

+15.1% / yr

May 29, 2001

Sold (Public Record)

Public Record #77216329

$227,900
May 25, 2001

Sold

HUDSON_COUNTY #100448

$227,900
Feb 27, 2001

Under Contract

HUDSON_COUNTY #100448

Feb 24, 2001

Listed (Active)

HUDSON_COUNTY #100448

$219,900
DateEvent & SourcePrice
09/16/2025

Listed (Active)

HUDSON_COUNTY #250019109

$1,150,000
08/13/2025

Off Market

HUDSON_COUNTY #250015372

07/28/2025

Listed (Active)

HUDSON_COUNTY #250015372

$1,150,000
09/16/2004

Sold (Public Record)

Public Record #163409829

$362,500

+15.1% / yr

05/29/2001

Sold (Public Record)

Public Record #77216329

$227,900
05/25/2001

Sold

HUDSON_COUNTY #100448

$227,900
02/27/2001

Under Contract

HUDSON_COUNTY #100448

02/24/2001

Listed (Active)

HUDSON_COUNTY #100448

$219,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 509 Monastery Place

Taxable ValueLand$300,000Additions$822,000Total$1,122,000
Tax Record2024$18,850 ($1,571 / month)
Home Facts
Total Finished SqFt2,970 SqFtAbove Grade Finished SqFt2,970 SqFtStories2Lot Size2,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyHUDSONAPN10 00103-0000-00009

Schools near 509 Monastery Place

This home is within Union City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Veterans Memorial School
PublicPK to 5

Sara M. Gilmore Academy
Public1 to 8

Emerson Middle School
Public6 to 8

Union City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

509 Monastery Place is a multi-family home for sale in Union City, NJ 07087. This property was listed for sale on September 16, 2025 by PREMIUMONE REALTY LLC, it's currently listed at $1,150,000. It has been on the market for a total of 113 days and was last sold on September 16, 2004. This listing's school district is Union City School District. Nearby schools include Veterans Memorial School, Sara M. Gilmore Academy and Emerson Middle School. 509 Monastery Place is a 8-bed, 6-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PREMIUMONE REALTY LLC, DANIELLE GENOVESE

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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: 01/07/2026 01:33 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/07/2026 01:33 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.