$875,000 Price Analysis 2512 Central AveUnion City, NJ 07087 11 bed 5 bath unknown SqFt ($0/SqFt) 2,500SqFt lot. Listed 2024-08-03, Taxes $14,891 | Ⓧ USDA Ineligible due to price & location near Union City |
A rare opportunity in today's real estate market. We offer this four family property that provides privacy to each family as every unit occupies the whole floor. There are two buildings on which one is behind the other on a 25X100 lot. Located in Union City, this City is the most accessible town in NJ to Manhattan by bus/driving. This property has two floors on each building. The front has two units with 3 bedrooms each and 1 full bath and and the other unit also has 3 bedrooms and 2 baths.
The other building is located in the back. It has its own privacy with each of the tw units occupying each floor as well. Both apartments has two beds and one full bath. All 4 units combined, this property will generate an income of $68, 741.40 this year 2023 and more every year with its rental increase. The owner offers an FHA assumable mortgage, already approved by the mortgage servicer, with a attractive interest rate. For cap rate worksheet, See the attached. This sale is strictly As Is . Buyer is responsible to obtain c ertificate of occupancy.
Presented by Ramon Reyes at
VORO NJ LLC.
Property MLS #240015147 from HudsonCounty
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $118,700 + $75,000 $193,700 | $14,891 |
2022 | $118,700 + $75,000 $193,700 | $14,355 |
2021 | $118,700 + $75,000 $193,700 | $14,304 |
2020 | $118,700 + $75,000 $193,700 | $14,142 |
2019 | $118,700 + $75,000 $193,700 | $13,758 |
2018 | $118,700 + $75,000 $193,700 | $13,500 |
2017 | $118,700 + $75,000 $193,700 | $13,373 |
2016 | $118,700 + $75,000 $193,700 | $13,345 |
2015 | $118,700 + $75,000 $193,700 | $13,115 |
2014 | $118,700 + $75,000 $193,700 | $12,830 |
2013 | $118,700 + $75,000 $193,700 | $12,677 |
2012 | $118,700 + $75,000 $193,700 | $12,398 |
2011 | $118,700 + $75,000 $193,700 | $11,988 |
2009 | $118,700 + $75,000 $193,700 | $11,133 |
2008 | $108,700 + $75,000 $183,700 | $10,055 |
2007 | $108,700 + $75,000 $183,700 | $9,381 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.