609 38th St, Union City, NJ, 07087
About This Home
Exceptional investment opportunity in the heart of Union City! This well-maintained 3-family property is ideally located just off JFK Boulevard, offering quick and convenient access to New York City, a prime location that continues to attract strong tenant demand. Perfect for both investors and owner-occupants, this property provides immediate income with excellent upside potential. Units 1 and 2 are currently rented on month-to-month leases, offering flexibility for future plans. Unit 1 is a one-bedroom generating $1,375 per month, while Unit 2 is a two-bedroom rented for $1,425 per month. Unit 3 is a vacant three-bedroom, ready for an owner to occupy or lease at current market value to maximize rental income. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this is an opportunity you won't want to miss.
Getting Around
Walker's Paradise
Excellent Transit
BikeableSchools
Construction
Materials
- Construction materials: Aluminum Siding,Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Multi Level
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating & Cooling
- Heating features: Forced Air,Electric,Natural Gas
- Cooling features: Window Unit(s),Electric
Property
Details
- Parcel number: 1000260000000056
- Exclusions: All personal possessions.
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
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,424 | $53,088 |
| Home Insurance * | $337 | $4,044 |
| Property Taxes | $1,262 | $15,144 |
| Electricity | $193 | $2,318 |
| Total | $6,216 | $74,592 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Price change | $875,000 |
| 2026-06-26 | Listed for sale | $899,000 |
View on Zillow