Union City, NJ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Union City short-term rental market based on reliable data.

Listings

268 / 681

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$40,463

Middle-Earners Revenue

Occupancy

77%

Middle-Earners Occupancy

Home Value

$570,078

Median Home Sale Price

Top Earners

$72,405

Top-Earners Revenue

Union City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Union City.

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D

Unfriendly to Investors

Union City Regulations

Union City explicitly bans residential STRs (≤30-day stays) with no permit path and imposes strict enforcement—fines ≥$250, cost reimbursement, injunctions, and active policing—making investment infeasible; only licensed hotels/B&Bs are allowed, which are outside typical STR models.

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About Union City

Union City is a densely populated city in Hudson County, New Jersey, situated on the western bank of the Hudson River directly across from Midtown Manhattan. With a population of approximately 70,000 residents packed into a compact footprint, it is among the most densely populated municipalities in the United States, giving the city a vibrant, vertically built urban character. Long recognized for its strong Cuban and broader Latin American cultural heritage, Union City is a busy commuter hub within the New York metropolitan area, serving as a gateway to Manhattan just a few miles to the east. The Lincoln Tunnel, one of the principal vehicular crossings of the Hudson, is essentially on its doorstep, and the city sits along the dramatic cliffs of the New Jersey Palisades.

A short drive southeast leads to Liberty State Park, a sprawling green space on the Jersey City waterfront that offers panoramic views of Lower Manhattan, Ellis Island, and the Statue of Liberty. Visitors can take ferries to the Statue of Liberty and Ellis Island from the park's historic Central Railroad terminal, making it a practical starting point for some of the region's most iconic sightseeing. The drive from Union City to Liberty State Park typically takes about 15 minutes depending on traffic.

Just to the south along the river, Hoboken provides a lively waterfront district with a continuous promenade and skyline views of Manhattan across the water. Its compact downtown is filled with bars, restaurants, and shops, and a quick trip from Union City to Hoboken takes roughly 10 minutes. It functions almost as a neighborhood extension of the immediate area, especially for travelers who want riverside walks and a slightly more relaxed dining scene than midtown.

The cliffs of the New Jersey Palisades rise directly above the Hudson on Union City's eastern edge, and the Palisades Interstate Park stretches north along the river for miles, offering hiking trails, cliff-top lookouts, and wooded escapes just minutes from the urban core. From Union City, drivers can reach the southern trailheads and overlooks in about 10 minutes. Beyond these local highlights, the broader draws of New York City — including Times Square, the museums of Midtown, and Central Park — are accessible in roughly 20 to 30 minutes via the Lincoln Tunnel, putting world-class cultural and entertainment amenities within easy reach of any stay.

For short-term rental investors and operators, Union City combines the appeal of a true gateway location with the character of a tight-knit, walkable urban community. Its position immediately west of the Lincoln Tunnel means guests can be in Midtown Manhattan in minutes, while the surrounding Hudson County cities provide a wide variety of dining, waterfront recreation, and scenic views. The combination of strong transit access, a distinct cultural identity, and proximity to both New York City and the natural beauty of the Palisades makes Union City a compelling base for travelers who want a genuine New York metro experience without the cost or congestion of staying in Manhattan itself.

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