It is an E-type (high-albedo) asteroid.
It is the namesake of the Hungaria asteroids, which orbit the Sun on the inside of the 1:4 Kirkwood gap, standing out of the core of the asteroid belt.
[3] It was discovered by Max Wolf on 11 September 1898 at the University of Heidelberg.
It was named after Hungary, which hosted an astronomical meeting in 1898 in Budapest.
[4] It is thought that there may be a genetic connection between 434 Hungaria and 3103 Eger and the aubrites.