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308 5th St, Union City, NJ, 07087

5beds
3baths
--sqft
$999,000
--price/sqft
$7,065/moest. monthly cost
$282,600/yrincome needed

About This Home

Don’t miss this incredible opportunity to own a fully renovated 3-family property ideally located just steps from shops, schools, and public transportation. Whether you’re an investor or looking for a live-in income-generating home, this move-in-ready property offers modern updates and unmatched convenience. Each unit features updated kitchens with sleek cabinetry and appliances, renovated bathrooms, flooring, and fresh paint throughout. With separate utilities and a functional layout in each unit, this property is perfect for long-term rental or multi-generational living. Enjoy peace of mind with recent upgrades, while being just minutes away from everything you need – grocery stores, restaurants, local parks, and schools. Excellent access to public transportation makes commuting a breeze.

Getting Around

92
WalkingWalker's Paradise
74
TransitExcellent Transit
71
BikeVery Bikeable

Schools

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

Construction

Materials

  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Multi Level

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: 1000025000000031

Parking

  • Parking features: 1 Car

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 $5,051$60,612
Home Insurance *$384$4,608
Property Taxes $1,437$17,244
Electricity $193$2,318
Total$7,065$84,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$242,228/yr
40% on housing$211,950/yr
45% on housing$188,400/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

--This 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
2026-04-28Listed for sale$1,048,000
2026-04-28Listing removed$1,060,000
2025-12-02Price change$1,060,000
2025-10-07Listed for sale$1,080,000
2018-05-30Sold$588,000
2018-02-02Listing removed$619,000
2018-01-18Listed for sale$619,000

For Sale by Agent

AgentQUANFENG ZHU
BrokerageREMAX NOW

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