Apartment Acquisitions · Union City
Sell Your Commercial Property In Union City, NJ
From Bergenline Avenue to Weehawken, we buy Union City multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Bergenline Avenue · West New York · Weehawken · North Bergen — Hudson County, NJ
Market Snapshot
Renter Demand In Union City
Union City, NJ is Hudson County's most densely built city, with 66,463 residents under ACS 2020-2024 packed into 1.29 square miles, roughly 51,600 people per square mile. Hispanic or Latino residents make up 81.8% of that population, per ACS table B03001. Renters hold 80.9% of Union City's 25,725 occupied homes, and median gross rent runs $1,537 a month. Owners who sell commercial property in Union City, NJ work with dense, older multifamily stock: 56.1% of homes sit in buildings of five or more units. NJ Transit's Route 159 bus runs through Union City toward Manhattan's Port Authority Bus Terminal.
Port Authority bus service
NJ Transit's Route 159 bus runs through Union City toward Manhattan's Port Authority Bus Terminal, per NJ Transit's route notice.Large Hispanic/Latino population
Hispanic or Latino residents make up 81.8% of Union City's 66,463 people, per ACS 2020-2024 table B03001.Extreme population density
Union City holds about 51,600 residents per square mile across 1.29 square miles, per Census gazetteer data.Our Buy Box
What We Buy In Union City
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Union City Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Union City, NJ
Renters occupy 80.9% of Union City's 25,725 occupied homes, or 20,818 households, under ACS 2020-2024 figures. Buildings of five or more units hold 56.1% of Union City's 27,408 housing units, 15,376 homes. Union City's median year built is 1961, and 71.4% of its housing predates 1980.
Rents and affordability in Union City
Union City's median gross rent is $1,537 a month under ACS 2020-2024, while HUD's FY2027 fair market rent for a two-bedroom reaches $2,792 across the Jersey City, NJ HUD Metro FMR Area, 81.7% above that median. Owners who sell commercial property in Union City, NJ can show buyers that rent gap directly. Among Union City renters, 51.4% pay 30% or more of income on rent, and rental vacancy sits at just 3.2%.
| Unit size | HUD FY2027 FMR |
|---|---|
| Studio | $2,462 |
| One-bedroom | $2,514 |
| Two-bedroom | $2,792 |
| Three-bedroom | $3,392 |
| Four-bedroom | $3,976 |
Property taxes in Hudson County
Union City carries a 2025 general tax rate of 1.848 per $100 of assessed value, with an equalization ratio of 101.51%, per the Hudson County Board of Taxation's 2025 abstract of ratables. On a $2,000,000 building, assessed value runs near $2,030,200, and the general rate produces a tax bill of about $37,518 a year. Owners who sell commercial real estate in Union City, NJ should also budget New Jersey's realty transfer fee, about $21,675 on that same $2,000,000 price.
Landlord rules for Union City owners
Union City runs its own Rent Stabilization Board under Chapter 334 of its code, capping most annual rent increases at 3% or the regional CPI change, whichever is lower. Landlords of two or more rental units must file a certificate of registration with that board under Chapter 329. Statewide, N.J.S.A. 46:8-19 et seq. caps a security deposit at 1.5 times one month's rent and requires its return within 30 days, while the Anti-Eviction Act, N.J.S.A. 2A:18-61.1 et seq., limits removal to listed good-cause grounds.
What it means for an owner
Union City's renter-heavy, densely built housing stock gives sellers a clear data set to price against. Owners ready to sell commercial property in Union City, NJ can model a deal with Skyline Capital Investments' cap rate calculator before talking price. To sell your apartment building in Union City, start at Skyline Capital Investments' apartment-building page, where the firm buys 5+ unit buildings directly from owners.
Local Knowledge
Selling In Union City
More about selling in New Jersey →Investing in Union City? See apartment syndications in Union City →
- Buyers who sell commercial real estate in Union City, NJ should confirm Chapter 334's 3% rent cap first.
- Owners who sell multifamily property in Union City compete where 56.1% of homes sit in 5+ unit buildings.
- Union City's 71.4% pre-1980 housing share makes selling commercial property in Union City a question of deferred upkeep.
Seller Guides
Selling A Building In Union City
Learn More
Taxes & Rules For Union City Property
The New Jersey rules that shape any deal in Union City: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Union City Seller FAQ
How do I sell commercial property in Union City, NJ?
Gather the rent roll, Union City's Chapter 329 registration certificate, the security deposit ledger and 2025 tax bill, then compare in-place rents with the $1,537 ACS median and HUD's $2,792 two-bedroom FY2027 fair market rent before requesting offers.
What should I expect when I sell commercial real estate in Union City, NJ?
Buyers underwrite against Union City's Rent Stabilization Board, which caps most annual increases at 3% or regional CPI under Chapter 334, so expect offers priced to that growth ceiling rather than open-market rent gains across Hudson County.
Does Union City have rent control?
Yes. Union City's own Rent Stabilization Board, created under Chapter 334 of the city code, caps most annual rent increases at 3% or the regional CPI change, whichever is lower, separate from any statewide New Jersey cap.
How dense is Union City's apartment market?
Union City packs about 51,600 residents into each square mile, and 56.1% of its 27,408 housing units sit in buildings of five or more units, per ACS 2020-2024, among the tightest multifamily markets in New Jersey.
What property taxes will a buyer see in Union City?
Union City's 2025 general tax rate is 1.848 per $100 of assessed value with a 101.51% equalization ratio, producing a tax bill near $37,518 a year on a $2,000,000 building, per the Hudson County Board of Taxation.
Will you buy a Union City property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Hudson County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Union City with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Union City?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Get An Offer Review In Union City
A few details are enough to start. We respond to every Union City submission, including off-market and pocket listings.
