Rent to own Homes in Union City, NJ
Historic locations for education and sightseeing! Union City is one of the older cities in the U.S. with the earliest history dating back to the 17th century. You can go to many historical locations around the city, including Saint Michael's Monastery and Union City Public Library.
Union City, NJ is a great place for affordable rent-to-own homes! With a median household income of over $49,457 and a median rent of $1,247, the Union City, NJ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Union City, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Union City, NJ Property Resources
Rent to own Homes in Cities Near Union City, NJ
- Arverne
- Astoria
- Atlantic Beach
- Avenel
- Belford
- Bellerose Terrace
- Cedarhurst
- Colonia
- Connecticut Farms
- Corona
- Elizabeth
- Flower Hill
- Fords
- Garwood
- Great Neck Estates
- Harrison
- Hazlet
- Herricks
- Hewlett Harbor
- Highlands
- Hollis
- Hopelawn
- Jackson Heights
- Keansburg
- Kearny
- Kenilworth
- Keyport
- Lake Success
- Lawrence
- Leonardo
- Linden
- Llewellyn Park
- Malverne
- Manhasset Hills
- Menlo Park Terrace
- Middletown
- Middle Village
- North Lynbrook
- Perth Amboy
- Port Monmouth
- Rahway
- Richmond Hill
- Roselle
- Saint Albans
- Secaucus
- Sewaren
- South Floral Park
- South Valley Stream
- Springfield
- Thomaston
Neighborhoods in Union City, NJ
Union City rent to own homesPopular Zip Codes in Union City, NJ
07087 rent to own homesBuying a Home in Union City, NJ
Union City, NJ is seeing rapid growth and Union City, NJ's' housing market remains not optimal with an average home price that is 66% above the 2024 national average. Union City, NJ is part of Hudson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hudson is 1.67% which is above the national average, which is 0.99%.
Median Home Price in Union City, NJ
Median Rent in Union City, NJ
Top 14 Reasons to Live in Union City
Great homes that you can rent to own! If you are looking for great rent to own houses, you can check out the many various districts in the Union City area. Real estate in the Lakes and Birds district is going to be very spacious, while Fairway Park will be a little more centric to the epicenter of Union City. You can expect a median rental rate of $929.
Great Residential Communities! Outlying residential communities are in abundance in the Union City region. If you are looking for affordable rent to own homes in the region, you should absolutely check into Hayward and Niles, two areas that include many great real estate opportunities for renters and buyers alike. The median home value is at $302,349, which means you're getting a great home at a great value!
Live in the suburbs! If you are looking for a more suburban feel to your home, you can check out the Northgate area. Or, if you are willing to drive a little further to the outskirts of Union City, you can check out Freemont, which has a lot more options in real estate listings.
The expansive and green parks! If you love spending the days outdoors, you will find several fantastic parks in the Union City region. Celia Cruz Park is one of many that you can choose from. Or, if you like sculptures and historic memorials, you can check out Doric Park.
Many rental options and vacancies! With a vacancy rate of 1.5%, there are plenty of apartments to choose from in this condensed area. Parkside is a great apartment complex that lives up to its name. Alternatively, you can check out Dry Creek apartments, which are a little further to the east in Union City, but have more affordable prices.
Great house vacancy as well! As of 2012, Union City had nearly 25,000 housing units within its borders. According to census data, 8% of them are vacant, meaning there is plenty of land to go around if you are looking for homes on Parkside Drive or the Hawaii Circle region.
Good place for home owners! More than 70% of the homes in Union City are owner occupied, so you shouldn't have trouble finding a house to buy. Try the Colonial Ave. or Summit Ave. area for some ideas.
The culture and arts! The Park Performing Arts Center features rotating exhibitions and concerts year round for those looking for a splash of culture in their lives. Alternatively, the Union City Performing Arts Center has more contemporary concerts all throughout the year.
Festivals and street fairs! If you like those special occasions that overtake the town with celebration and great food, you will love the Multi-Arts Festival, an exhibition of artwork, music and workshops that is held every May. You can also check out the recurring festivals and celebrations at Bergenline Avenue's Union City Plaza of the Arts.
The local flavor of dining! For those looking for an unforgettable dining experience, you will love the Mayflower Seafood Restaurant. Those looking for more traditional sit-down and hometown dining can enjoy the American cuisine at Baldie's Cafe.
The nightlife is worth staying up for! La Ferro Karaoke is a great bar to go to with friends and cut loose at the end of the week. If you are more into the exotic practices of the big city area, you can check out Palace Hookah lounge for exciting and thrilling nightlife.
Shopping opportunities for every style! If you love downtown shopping at a small-town pace, you can check out the shops along 32nd street. The Union City Square Marketplace offers a wide array of places to shop at as well.
Exciting attractions for anyone! If you love relaxing sports and afternoons on the greens, you will love the Suburban Golf Club. Alternatively, if you enjoy all-inclusive vacations, check out the New Clinton Manor for a weekend of luxury.