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$875,000   Price Analysis
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2512 Central Ave
Union 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

Come and see .

* Sale Pending *

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.
Listing Agent Photo

Property MLS #240015147 from HudsonCounty

Bedrooms: 11

Total Bathrooms: 5
Full Bathrooms: 5
Full Bathrooms On Level 1: 1
Full Bathrooms On Level 2: 2
Full Bathrooms On Level 3: 1
Full Bathrooms On Level 4: 1

Furnished Description: 1) gas oven/range on each unit
Flooring: Floor 4 Bedrooms: 2, Floor 2 Bedrooms: 4, Floor 1 Bedrooms: 3

Heating Features: Gas on Gas

Living Room On Level 1: 1
Living Room On Level 2: 1
Living Room On Level 3: 1
Living Room On Level 4: 1
Basement Description: Basement: Full, Unfinished

Dining Room On Level 1: 1
Dining Room On Level 2: 1
Dining Room On Level 3: 1
Dining Room On Level 4: 1
Kitchen On Level 1: 1
Kitchen On Level 2: 1
Kitchen On Level 3: 1
Kitchen On Level 4: 1

Lot Size Acres: 0.0573921
Lot Size Dimensions: 25X100
Lot Size Square Feet: 2500

Annual Tax Amount: 14355
Source Listing Status: Pending
County: Hudson
Tax Year: 2022
Source Property Type: 4 Family
Exclusions: All tenant's personal belongings
Insurance Expense: 2600
Area: Union City
Source Neighborhood: Union City
Parcel Number: 3553
Source System Name: C2C

YearAssessments
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

Listed 2024-08-03
$875,000
HudsonCounty
Listing removed 2024-07-31
$875,000
HudsonCounty
Listed 2024-04-03
$875,000
HudsonCounty
Listing removed 2024-03-07
$0
HudsonCounty
Listed 2023-10-19
$825,000
HudsonCounty
Listing removed 2023-10-03
$0
HudsonCounty
Price Changed 2023-09-14
$825,000
HudsonCounty
Listed 2023-06-21
$880,000
HudsonCounty
Sold 2021-02-11
$535,000
Public Record
Listing removed 2020-01-22
$498,000
NewJerseyMLS
Listing removed 2018-10-08
$498,000
NewJerseyMLS
Listed 2018-09-11
$498,000
NewJerseyMLS
Listing removed 2012-05-22
$390,000
NewJerseyMLS
Listing removed 2012-05-21
$390,000
HudsonCounty
Price Changed 2012-03-24
$390,000
HudsonCounty
Price Changed 2012-03-23
$390,000
NewJerseyMLS
Price Changed 2011-09-16
$419,000
NewJerseyMLS
Relisted 2011-05-12
$429,000
NewJerseyMLS
Listed 2011-05-12
$429,000
HudsonCounty
Listing removed 2011-05-04
$429,000
NewJerseyMLS
Listed 2011-04-30
$429,000
NewJerseyMLS
Sold 2006-04-06
$310,000
Public Record
Sold 2000-02-28
$126,000
Public Record
Sold 1982-04-01
$48,000
Public Record

Construction Materials: Brick

Robert Waters Elementary School is a public elementary school located approximately 0.2 miles away.
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Sara M. Gilmore Academy is a public elementary and middle school located approximately 0.6 miles away.
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Union City High School is a public high school located approximately 0.1 miles away.
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Learning Institute of Union City is a private elementary and middle school located approximately 0.3 miles away.
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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.