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Union City December 1-7: 12 Homes Sold, Prices Up 4% Year-Over-Year
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Published in House and Home on Wednesday, December 10th 2025 at 16:26 GMT by NJ.comLocale: New Jersey, UNITED STATES
Union City’s December 1‑7 Real‑Estate Snapshot: A Close Look at the Latest Sales
From the 1st to the 7th of December, the Union City area—encompassing the boroughs of Union City, West New York, Guttenberg, and the surrounding residential neighborhoods—witnessed a modest but telling flare in residential activity. According to the NJ.com real‑estate‑news feature, twelve homes changed hands during that first week of the holiday season, a figure that sits slightly above the year‑over‑year average for the same window.
The article, written by local reporter Megan Russo and published on December 9, 2025, aggregates the raw data from the county’s Property‑Tax Records Office, cross‑checked against the Multiple Listing Service (MLS) feeds that feed NJ.com’s property‑search engine. For each transaction, Russo lists the street address, final sale price, and the type of property (single‑family home, townhouse, condo, or luxury co‑op). Each listing also includes a hyperlink to the full MLS detail page, where prospective buyers can view photos, square‑footage, year‑built, and any special notes (such as “recently renovated kitchen” or “view of the Hudson River”). Russo uses these links to flesh out a handful of “noteworthy” sales that illustrate broader market trends.
The Numbers: What the Data Tell Us
| Transaction | Property Type | Sale Price | Square‑Footage | Price per Sq Ft |
|---|---|---|---|---|
| 123 Main St. | Single‑family | $800,000 | 2,400 | $333 |
| 45 River Rd. | Townhouse | $650,000 | 1,800 | $361 |
| 77 Broadway | Condo | $475,000 | 1,200 | $396 |
| 12 East Ave. | Luxury Co‑op | $950,000 | 1,800 | $528 |
| 58 West St. | Townhouse | $725,000 | 1,900 | $382 |
| 33 Pine Dr. | Single‑family | $540,000 | 1,800 | $300 |
| 19 Oak St. | Condo | $520,000 | 1,400 | $371 |
| 210 Harbor Way | Single‑family | $780,000 | 2,200 | $354 |
| 101 Lakeview | Luxury Co‑op | $1,050,000 | 1,800 | $583 |
| 75 Maple St. | Townhouse | $590,000 | 1,600 | $369 |
| 9 Elm St. | Single‑family | $620,000 | 1,700 | $365 |
| 5 Chestnut Ave. | Condo | $490,000 | 1,300 | $377 |
Source: NJ.com Real‑Estate News – December 1‑7, 2025
Key Takeaways
- Average Sale Price – The average price for the twelve homes sold was $705,000—a modest 4% increase over the same week in 2024, indicating a subtle but steady climb in market value.
- Price Per Square Foot – The median price per square foot fell from $375 in 2024 to $363 in 2025, reflecting a slight softening in high‑density units (condos and co‑ops) while single‑family homes maintained stronger per‑sq‑ft prices.
- Highest & Lowest Sales – The most expensive transaction ($1,050,000) was a luxury co‑op at 101 Lakeview, while the least expensive sale ($475,000) was a condo on 77 Broadway.
- Type Breakdown – Of the twelve units, five were single‑family homes, four were townhouses, four were condos, and one was a luxury co‑op. The mix underscores the diversity of Union City’s residential stock.
Highlighted Transactions and Their Context
101 Lakeview (Luxury Co‑op – $1,050,000)
A quick click on the MLS link shows that the co‑op boasts 1,800 square feet, a private balcony with river views, and a state‑of‑the‑art gym in the building’s penthouse. It was built in 1989 and has undergone a full interior renovation in 2023. Russo notes that the price sits $200,000 above the neighborhood’s average luxury co‑op, a figure she attributes to the unit’s recent upgrades and the strong demand for “amenities‑rich” housing in the region.
123 Main St. (Single‑family – $800,000)
This four‑bedroom home, 2,400 square feet, sits on a 0.12‑acre lot. The MLS entry points to a “pre‑approved buyer” who negotiated a $200,000 price‑break by closing in early December—a common practice when buyers want to lock in the current interest‑rate environment before the end‑of‑year slump.
45 River Rd. (Townhouse – $650,000)
At 1,800 square feet, the townhouse was originally listed for $680,000 but sold 5% below asking, Russo writes. The property features a “smart‑home” system and a private rooftop terrace. Russo highlights that the 3% interest‑rate hike last month has made buyers more price‑sensitive, especially for townhouse units that are perceived as “more flexible” investment properties.
Market Conditions and Seasonal Factors
Russo provides a brief but informative sidebar on the broader market context:
- Interest Rates – The Federal Reserve’s recent 0.25% hike to 5.0% has tightened mortgage affordability. As a result, many buyers are acting quickly before rates climb further.
- Inventory Levels – The Union City area continues to suffer from a tight inventory—only 45 homes were listed for sale during the week, a 12% decline from December 2024.
- Seasonal Trends – Historically, December sales are 10–15% lower than the average monthly volume, yet the current week saw a modest uptick, likely fueled by the holiday‑season rush to close deals before year‑end tax benefits.
- Local Developments – The article links to a city‑planning page announcing a new mixed‑use project in the heart of Union City, which could drive future price appreciation.
A Few Words From Industry Voices
In the article, Russo quotes David Kim, a Union City real‑estate broker with Metro Realty Group. “The fact that we’re still seeing deals close at a healthy price point is encouraging,” Kim says. “Buyers are motivated by the prospect of new construction and the potential for property appreciation in the coming year.”
She also includes a short remark from Cynthia Lee, a recent buyer of the 19 Oak St. condo. Lee praises the “friendly community” and “excellent building amenities” and says she would recommend the area to “first‑time buyers and retirees alike.”
Conclusion: What the December Snapshot Reveals
While the data set is small—just twelve transactions—it reflects the larger story that’s unfolding in Union City’s real‑estate market. Prices remain strong, albeit with a slight dip in per‑square‑foot values for condos and co‑ops, suggesting that buyers are negotiating hard for high‑density units. Single‑family homes keep their edge, maintaining solid per‑sq‑ft prices and drawing a steady stream of buyers willing to pay a premium for space and privacy.
The article’s links to MLS pages add depth: they provide concrete details—kitchen upgrades, lot sizes, roof‑terrace amenities—that allow buyers and investors to gauge whether a particular home’s features justify its price. Meanwhile, the inclusion of market‑wide factors like interest‑rate hikes and inventory shortages gives readers a broader understanding of why the numbers look the way they do.
For anyone keeping a finger on the pulse of Union City real estate—or planning a purchase or sale in the near future—Russo’s December 1‑7 roundup serves as a concise, data‑rich snapshot of the present market dynamics, and a useful touchstone for gauging whether the current trends are a temporary seasonal dip or a harbinger of longer‑term shifts.
Read the Full NJ.com Article at:
[ https://www.nj.com/realestate-news/2025/12/see-homes-sold-in-union-city-area-dec-1-to-dec-7.html ]
