509 Monastery Pl
Prime Union City Investment Opportunity. Unlock the potential of this substantial 4-family property with a bonus studio. Perfectly situated right off Bergenline Avenue and just West of Reservoir Park in one of Hudson County’s most convenient locations. Access to NYC within minutes keeps tenant demand in the area high. One unit currently vacant and ready to be renovated on the main floor. Great for either an owner occupier or investor. The three additional units offer immediate cash flow, with all tenants on month-to-month leases. Income potential as is of approximately $80,000 per year and 6% cap rate with plenty of room for improvement. Additionally there is a back building and large basement complete with another full bath. Currently used as storage, these spaces have tons of potential for future customization. Bring your vision to life with this incredibly flexible investment property in an ideal location.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Tax & Financial Information
Schools
Elysian Charter School of Hoboken
Sara M. Gilmore Academy
Emerson Middle School
Jose Marti STEM Academy
Veterans' Memorial Elementary School
John F Kennedy Elementary School
Daniel Webster School
Colin Powell Elementary School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $899,000 |
Listed by JILL K BIGGS · COLDWELL BANKER REALTY · 2012125026
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 Berkshire Hathaway HomeServices Fox & Roach, REALTORS are marked with the HCIDX mark and the information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 HCMLS. All Rights Reserved.
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