For Sale95d on market
1506 Summit Ave
Union City, NJ, 07087 • 07087 • Hudson County
$699,000
Down payment assistance available
4Beds
4Baths
Property DNA
Colonial Style
Colonial architecture
This home is getting attention
Listed 95 days ago · 1,163 views · 62 saves
Market activity
Demand and pricing signals for this listing
1,163 views
People checking out this listing
62 saves
Buyers have saved this home
95 days on market
Established listing
About this home
Multi Family
Legal 4-Unit Building for Sale! Don’t miss this outstanding investment opportunity in the heart of Union City. This property offers strong rental potential and long-term growth. Featuring four 1-bedroom, 1-bath units, all in move-in condition with one of the units having access to the backyard. Low taxes, only $10,763!! Separate utilities, tenants pay their own PSEG. The basement features storage space and all mechanical systems. Prime Location! Conveniently situated near NYC transportation, shops, and restaurants. This 4-family home is ideal for investors looking for great value and excellent return potential. Call today!
Standout features identified
Our analysis highlights all in move-in condition and basement features storage space as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,329/month
Principal & Interest$3,397
Property Tax$699
Insurance$233
Down payment20% ($139,800)
3%50%
Est. 6.12% rate · 30yr fixed · $559,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMultiFamily
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
ParkingNone
Days on Zillow95 Days
Property
Home typeMulti Family
StyleColonial
Systems
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
ConstructionBrick
Parking & Outdoor
ParkingNone
BasementUnfinished
Location & Tax
Neighborhood07087
Annual tax$10,358
Parcel1000079000000018
Bathrooms & Fees
Full baths4
Features & details
4 categories of property features
Interior Features
Heating
Baseboard
Natural Gas
Cooling
Window Unit(s)
Exterior Features
Parking
None
Construction
Brick
Listing insights
Market data and value estimates
StatusFor Sale
Days on market95
Est. value$703,400
Est. rent$2,336/mo
Tax rate1.63%
On marketJan 9, 2026
PostedJan 9, 2026
MLS updatedJan 9, 2026
Tour days9
Views1,163
Favorites62
How are the schools in Union City?
3 schools rated nearby
Location
Union City, NJ, 07087
Price history
3 events
DateEventPrice$/sqftSource
Jan 9, 2026Listed For Sale$699,000—HCMLS
Dec 24, 2025Listing Removed$719,000—NJMLS
Oct 6, 2025Listed For Sale$719,000—HCMLS
Listed For Sale$699,000
Jan 9, 2026•HCMLS
Listing Removed$719,000
Dec 24, 2025•NJMLS
Listed For Sale$719,000
Oct 6, 2025•HCMLS
Tax history
24 years of records
YearTax paidAssessed value
Apr 15, 2025$10,360$560,600
Apr 15, 2024$10,138$548,600
Apr 15, 2023$10,763$140,000
Apr 15, 2022$1,654$140,000
Apr 15, 2021$1,570$140,000
Apr 15, 2020$1,607$140,000
Apr 15, 2019$9,750$140,000
Apr 15, 2018$9,666$140,000
Apr 15, 2017$9,646$140,000
Apr 15, 2016$9,479$140,000
Apr 15, 2015$9,936$140,000
Apr 15, 2014$11,500$150,000
Apr 15, 2012$10,874$175,700
Apr 15, 2011$10,419$175,700
Apr 15, 2010$10,099$175,700
Apr 15, 2009$9,618$175,700
Apr 15, 2008—$175,700
Apr 15, 2007—$175,700
Apr 15, 2006—$175,700
Apr 15, 2005—$175,700
Apr 15, 2004—$175,700
Apr 15, 2003—$175,700
Apr 15, 2002—$175,700
Apr 15, 2001—$175,700
Nearby homes
Neighborhood details
Local context around this listing
Union City, NJ • Hudson County
Nearby cities
BayonneHarrisonHobokenJersey CityKearnyNorth Bergen TownshipSecaucusUnion City
Nearby zip codes
07087
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