#240019996, Listing Office: FORMULA REALTY LLC
2512 Central Ave Unit 1F Union City, NJ 07087
Property details
About 2512 Central Ave Unit 1F
Back in the market with TWO VACANT units! This property has 4 apartment units in two buildings. One is located separately in the back. The asking price is based on the two vacant units without renovation. But we recommend a full renovation on both vacant apartments to get highest possible rental amount. The cap rate calculation will be best determined depending if one or two of the vacant apartments were renovated. The other two apartments are occupied. One block away from Bergenline ave and less than 30minute commute to NYC. Close to schools, restaurants, and grocery stores. The front building has two apartments. One has three bedrooms and two full bathrooms plus an extra room that could be utilized to the new owner's best needs. The other apartment has three bedrooms and one full bathroom. The building in the back has two apartments with 2 bedrooms and one full bathroom each. In between the two buildings is a private common area for all tenants for their enjoyment. The current owner offers an FHA assumable mortgage, arranged and already approved by the mortgage servicer, with a very attractive interest rate. This sale is strictly "As Is".
Highlights
(ACTIVE)
Summary
- MLS Number: 250003364
- MLS Name: HudsonCountyNJ
- Office Name: SJI HOLDINGS LLC REALTY MARK ADVANTAGE
- Office Phone: (856) 457-4900
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Last updated on: 2/22/2025, 4:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$865,000
2512 Central Ave Unit 1F
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Robert Waters Elementary School
Public District PK-6
0.2 mi
•2800 Summit Ave
9
Jefferson Elementary School
Public District PK-4
0.4 mi
•3400 Palisade Ave
5
Hudson Elementary School
Public District PK-3
0.5 mi
•167 19th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,034. Residents of Union City, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 2512 Central Ave Unit 1F in Union City, NJ and zip code 07087. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $865,000.
While more than 5 listings in Union City, NJ in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Union City, NJ between December and January 2025 increased by 9.6%. In January 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $457,000.