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315 5th St Basement 2, Union City, NJ, 07087

3beds
2baths
1,821sqft
$1,038,000
$570price/sqft
$7,196/moest. monthly cost
$287,840/yrincome needed

About This Home

Boutique Luxury Living with Exclusive Rooftop Rights & Manhattan Skyline Views. Welcome to one of Union City's most exclusive boutique luxury residences, where sophisticated design, modern luxury, and breathtaking Manhattan skyline views define an exceptional place to call home. Built in 2022, this remarkable 3-bedroom, 2-bath condominium offers approximately 1,821 square feet of thoughtfully designed living space within an intimate three-residence elevator building. Designed for both everyday living and effortless entertaining, the open-concept floor plan features soaring 10-foot ceilings, wide-plank hardwood flooring, oversized windows, and abundant natural light throughout. At the heart of the home is a beautifully appointed chef's kitchen featuring premium Samsung stainless steel appliances, quartz countertops, custom cabinetry, and a striking waterfall island that seamlessly anchors the spacious living and dining areas. One of the home's defining features is its exclusive rooftop area assigned solely to Unit 2, offering a rare opportunity to create an extraordinary private outdoor retreat, subject to condominium and municipal approvals. Whether envisioned as a peaceful escape or an elegant entertaining space, this unique amenity is complemented by sweeping views of the Manhattan skyline and Hudson River. The private primary suite offers a spa-inspired bathroom and generous closet space, while two additional bedrooms provide exceptional flexibility for family, guests, or a dedicated home office. Additional highlights include private garage parking, keyed elevator access, central air conditioning, in-unit laundry, and low monthly HOA dues of just $300. Modern 2022 construction provides the comfort, style, and convenience today's buyers seek. Ideally located near NJ Transit, with convenient access to Midtown Manhattan, Hoboken, and Jersey City, this exceptional residence is also close to restaurants, cafés, parks, shopping, and schools. A rare opportunity to own one of Union City's finest boutique luxury residences, where modern design, exclusive rooftop rights, spectacular skyline views, and an unbeatable location come together to offer an exceptional lifestyle.

Getting Around

92
WalkingWalker's Paradise
74
TransitExcellent Transit
71
BikeVery Bikeable

Schools

9/10
Sara M. Gilmore AcademyGrades 1-80.7 mi
8/10
Jose Marti STEM AcademyGrades 9-120.8 mi

Construction

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Washer/Dryer,Gas Oven
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • 1 Other Room
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,821
  • Total interior livable area: 1,821 sqft

Property

Details

  • Other equipment: Intercom
  • Exclusions: Seller's personal property,furniture,televisions,artwork,decorative accessories,and staging items.

Parking

  • Parking features: 1 Car,Covered,Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,248$62,976
Home Insurance *$399$4,788
Property Taxes $1,349$16,188
Electricity $200$2,408
Total$7,196$86,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$246,720/yr
40% on housing$215,880/yr
45% on housing$191,893/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$570This listing

vs Other Active Listings

Avg $/sqft

ZIP 07087$419
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07087$387
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$1,038,000
2022-07-29Sold$900,000
2022-05-03Price change$849,000
2022-03-14Listed for sale$899,000

For Sale by Agent

AgentSHIV K GULATI
BrokerageREAL

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