2512 Central Avenue

Union City, NJ 07087

$875,000
Price
11
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Back in the market with TWO NEWLY VACANT units! 4 apartments in 2 buildings. The asking price is based on the two vacant units. CAP RATE will be an estimated 7.5% once the two units are renovated and rented by the new owner. One block away from Bergenline ave and less than 30 minute commute to NYC. Close to schools, restaurants, and grocery stores. Come and see ... A rare opportunity in today's real estate market. The front building has two apartments with 3 bedrooms each. One has 1 bath and the...Back in the market with TWO NEWLY VACANT units! 4 apartments in 2 buildings. The asking price is based on the two vacant units. CAP RATE will be an estimated 7.5% once the two units are renovated and rented by the new owner. One block away from Bergenline ave and less than 30 minute commute to NYC. Close to schools, restaurants, and grocery stores. Come and see ... A rare opportunity in today's real estate market. The front building has two apartments with 3 bedrooms each. One has 1 bath and the other with 2 full baths. The other building is located directly behind and has 2 apartments with 2 bedrooms and 1 bath each. In between the two buildings is a private common area for all tenants for their enjoyment where their barbecue grills are located. The current owner offers an FHA assumable mortgage, arranged and already approved by the mortgage servicer, with a very attractive interest rate. For cap rate worksheet, See the attached. This sale is strictly "As Is". Buyer is responsible to obtain certificate of occupancy.
  1. Listed by RAMON REYES • EREALTY ADVISORS, INC.

Property Details for 2512 Central Avenue

Architectural Style
Other-See Remarks
Type Of Parking
None
Area
Union City
Heating & Cooling
Gas on Gas

Location

Listing Courtesy of EREALTY ADVISORS, INC., RAMON REYES
Add your commute
LISTING UPDATED: 04/07/2024 05:53 AM

Property Details for 2512 Central Avenue

StatusActive
MLS #240006088
Days on Market26
Taxes$14,355 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 4 Family
Year Built-
Lot Size0.06 AC / 2,500 SF
CountyHudson County

Location

Listing Courtesy of EREALTY ADVISORS, INC., RAMON REYES
Add your commute

Building Information for 2512 Central Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$5,971 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$1,196

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2512 Central Avenue

Summary
Location and General Information
  • Address: 2512 CENTRAL AVE
  • Address Number: 2512
  • Address Search Number: 2512
  • Between: 25th and 26th St. on Central Ave
  • Inclusions: 1) gas oven/range on each unit
  • Street Name: CENTRAL AVE
  • City Name: Union City
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 04-03-2024
  • Tax ID: 3553
  • Tax Year: 2022
  • Taxes: $14,355
Property
Lot Information
  • Block: 00143
  • Lot: 00007
  • Lot Dimensions: 25X100
Property and Assessments
  • Associated Document Count: 3
  • Charge: Y
  • Exclusions: All tenant's personal belongings
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Basement Description: Full, Unfinished
  • Fl1 Rooms: 6
  • Fl2 Rooms: 7
  • Fl3 Rooms: 5
  • Fl4 Rooms: 5
  • Floor 1 Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • Floor 1 Full Baths: 1
  • Floor 1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: $1,062.60
  • Floor 2 Bedrooms: 4
  • Floor 2 Dining Room: 1
  • Floor 2 Full Baths: 2
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: Vacant
  • Floor 3 Bedrooms: 2
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Baths: 1
  • Floor 3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: $974.87
  • Floor 4 Bedrooms: 2
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Baths: 1
  • Floor 4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Rent: Vacant
  • Liberty Lockbox Y/N: No
  • Total Dining Rooms: 4
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • Total Other Rooms: 0
  • Num of Baths: 5
  • Half Baths Total: 0
  • Full Baths Total: 5
  • Num Full Baths: 5
  • Num Half Baths: 0
  • Bedrooms Total: 11
Multi Family
Multi-Family Information
  • Insurance Expense: $2,600
  • Insurance Expense Year: 2022

Property History for 2512 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2512 Central Avenue

Taxable ValueLand$75,000Additions$118,700Total$193,700
Tax Record2022$13,830 ($1,153 / month)
Home Facts
Total Finished SqFt2,500 SqFtAbove Grade Finished SqFt2,500 SqFtStories2Lot Size2,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyHUDSONAPN10 00143-0000-00007

Schools near 2512 Central Avenue

This home is within Union City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 1 to 8
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Robert Waters Elementary School
PublicPK to 6

Sara M. Gilmore Academy
Public1 to 8

Union Hill Middle School
Public7 to 8

Jose Marti Freshman Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2512 Central Avenue is a multi-family home for sale in Union City, NJ 07087. This property was listed for sale on April 3, 2024 by EREALTY ADVISORS, INC., it's currently listed at $875,000. It has been on the market for a total of 26 days and was last sold on January 6, 2021. This listing's school district is Union City School District. Nearby schools include Robert Waters Elementary School, Sara M. Gilmore Academy and Union Hill Middle School. 2512 Central Avenue is a 11-bed, 5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EREALTY ADVISORS, INC., RAMON REYES

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/29/2024 01:21 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.