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1802 Palisade Ave, Union City, NJ, 07087

4beds
2baths
--sqft
$750,000
--price/sqft
$5,352/moest. monthly cost
$214,080/yrincome needed

About This Home

Excellent investment opportunity to acquire four units in a prime Union City location, formerly known as West Hoboken. Each property features two units, including one with a commercial space ideal for retail, restaurant, or shop use. Perfectly positioned on the corner of Palisade Avenue and 18th Street, this property offers outstanding visibility and convenience. Whether you are looking to owner-occupy or generate strong rental income with future upside, these properties check all the boxes. Even better, there is NO RENT CONTROL, and three of the four units will be delivered vacant, offering immediate flexibility and value-add potential. The location is unbeatable for commuters, with NYC bus stops located on the corner and across the street for seamless daily travel. Enjoy being just a short walk from shops, parks, and the reservoir. Do not miss the chance to secure a high-potential property in one of Union City’s most desirable areas. Schedule a showing today and explore the possibilities. NOTE: 1800 & 1802 Palisade ave are being sold together for a total of $1,500,000

Getting Around

95
WalkingWalker's Paradise
87
TransitExcellent Transit
53
BikeBikeable

Schools

7/10
8/10
Sara M. Gilmore AcademyGrades 1-80.5 mi
8/10
Jose Marti STEM AcademyGrades 9-120.4 mi

Construction

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: 100017600000000702

Parking

  • Parking features: None

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 WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $3,792$45,504
Home Insurance *$288$3,456
Property Taxes $1,079$12,948
Electricity $193$2,318
Total$5,352$64,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,497/yr
40% on housing$160,560/yr
45% on housing$142,720/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$421
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
2026-05-11Listed for sale$750,000
2021-09-27Sold$275,000

For Sale by Agent

AgentCHRISTIAN ALFONSO BASTIDAS
BrokerageTERRANE REALTY ADVISORS

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