
201 16th St Union City, NJ 07087
Estimated payment $8,400/month
About This Home
Check out this amazing investment opportunity right in the heart of Union City just a short distance from Hoboken sitting on the busy corner of 16th and Manhattan Ave! This mixed-use property offers the perfect blend of business and residential potential.The ground floor is home to Fork Hill Kitchen, a popular and successful restaurant that generates consistent revenue and attracts a steady flow of customers. Upstairs, there are three spacious and updated 2-bedroom, 1-bath apartments. Each unit has separate gas and electric utilities, keeping operating costs low. Plus, recent upgrades include a new roof(2022), new windows throughout the building and two brand-new water heaters, making this a true turnkey investment. *see floor plan. If you’re looking for a solid, income-producing property with a mix of commercial and residential appeal in a prime location, this is it!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,635
Home Design
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- Multi-Level Property
- Living Room
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Heating System Uses Gas
Community Details
- Insurance Expense $3,877
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/02/2025 05/02/25 | For Sale | $1,259,000 | -- | -- |
Similar Homes in the area
Source: Hudson County MLS
MLS Number: 250008666
