Section Image

550 Central

550 Central

550 Central
Condominium Building
Harrison, NJ 07029
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

51 Units
3 Stories
1975 Year Built
$213K - $444K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • 24 Hour Access
  • 5 min walk to West Hudson Park

A modest mid-rise in the heart of Harrison

550 Central Avenue, completed in 1975, stands as a three-story brick condominium in the bustling town of Harrison, New Jersey. This straightforward building houses 51 units, offering residents a convenient home base in a neighborhood rich with history and undergoing revitalization. The structure's simple design reflects its era, prioritizing function over architectural flourishes. Situated just steps away from West Hudson Park, the building provides easy access to green spaces and local amenities, embodying the practical charm of suburban living with urban conveniences nearby.

Compact layouts with modern updates

550 Central Avenue offers a range of living spaces to suit various needs, from cozy studios to more spacious one-bedroom units. The studio apartments, measuring approximately 500 square feet, provide an efficient living space with one bathroom and typically sell for around $210,000. For those seeking more room, one-bedroom units range from 600 to 900 square feet, also featuring one bathroom, with prices hovering around $250,000. Recent renovations have breathed new life into many units. Residents can expect hardwood floors and crown molding throughout, adding a touch of elegance to the interiors. The modern eat-in kitchens boast granite countertops, stainless steel appliances, and convenient breakfast bars, perfect for casual dining or entertaining. Living areas are brightened by sliding glass doors leading to private balconies, offering outdoor access and natural light. Bedrooms in the larger units are generously sized, some even accommodating king-sized beds, and feature ample storage with walk-in closets. Additional storage can be found in linen closets and double closets in the entry halls. While the building dates back to 1975, many units have been updated with new flooring throughout and fresh paint, creating a move-in ready atmosphere. Climate control is provided through a combination of baseboard heating and wall air conditioning units, ensuring comfort year-round.

Basic conveniences for everyday living

550 Central Avenue offers a selection of practical amenities designed to enhance residents' daily lives. The building features coin-operated laundry facilities conveniently located on the ground floor, eliminating the need for trips to off-site laundromats. Security is a priority, with an intercom system in place to manage visitor access. Additionally, the property is equipped with surveillance security cameras both inside and outside the building, providing an extra layer of safety for residents. Each unit comes with one deeded parking space, a valuable asset in an urban area where parking can often be a challenge. The building also takes care of essential services, including heat, hot water, gas, and maintenance of common areas, simplifying life for residents and ensuring a well-maintained living environment. While 550 Central Avenue may not offer luxury amenities, its focus on practical features and security measures creates a comfortable and secure living space for its residents.

A town in transition with a rich industrial past

Harrison, established in 1840, has a storied history as a "hive of industry," a moniker bestowed by President William Howard Taft in 1912. Once home to manufacturing giants like Otis Elevator and Edison Lamp Works, the town has undergone significant changes since the 1970s decline in industrial manufacturing. Today, Harrison is in the midst of a revitalization effort that began in the late 1990s, transforming former industrial areas into residential properties and sports facilities. The neighborhood surrounding 550 Central Avenue offers a blend of urban convenience and suburban charm. West Hudson Park, a 46-acre green space shared with the neighboring town of Kearny, is just a stone's throw away. This expansive park features scenic bridges, winding pathways, and the popular 2-acre Fairy Lake, providing residents with ample opportunities for outdoor recreation and relaxation. For everyday needs, several grocery options are within easy reach. Harrison Grocery, a well-rated local store, is about a 10-minute walk away. For those seeking a quick bite, a variety of fast-food options are available nearby, including Wendy's and Burger King, both within a 15-minute walk. The area also caters to diverse culinary tastes. Paellas Café, a highly-rated Mexican and Spanish restaurant, is just a 10-minute walk from the building, offering a local spot for flavorful meals. For those who enjoy cooking at home, several small markets like South America Market and Food Depot are within a short walking distance, providing fresh ingredients and international flavors. While Harrison itself is undergoing development, nearby shopping options are available. Kearny Commons, a shopping center about a 30-minute walk away, offers additional retail choices. For more extensive shopping, residents can easily access larger department stores like Target and Marshalls, both about a 25-minute walk or a short drive from the building. The neighborhood is also home to several schools, including Lincoln No. 3 Elementary School just a 5-minute walk away, and Harrison High School, approximately a 10-minute walk from 550 Central Avenue. These nearby educational institutions make the area particularly attractive for families with school-age children. For sports enthusiasts, the presence of Red Bull Arena, home to the New York Red Bulls soccer team, adds an exciting dimension to the neighborhood. While not immediately adjacent to the building, it's a notable feature of Harrison's ongoing development and contributes to the area's evolving character.

Connected to the city and beyond

550 Central Avenue benefits from its location in Harrison, offering residents various transportation options that connect them to the wider New York metropolitan area. The building's position provides a balance between suburban living and urban accessibility. For those relying on public transportation, the nearest bus stop is conveniently located at Davis Ave & Cross St, less than a five-minute walk from the building. This proximity allows for easy access to local bus routes, facilitating travel within Harrison and to neighboring areas. A key transportation hub for residents is the Harrison PATH station, situated about a 20-minute walk or a quick 5-minute drive from the building. The PATH train provides direct access to Newark Penn Station and World Trade Center in Manhattan, making it an essential link for commuters working in New York City or those looking to explore the metropolitan area. For travel within Newark and its immediate surroundings, the Newark Light Rail offers another option. The Newark-Broad Street station, while not as close as the PATH station, is accessible within a 20-minute walk or a 5-minute drive. This light rail system connects various parts of Newark, including Newark Penn Station, broadening the range of destinations easily reachable from 550 Central Avenue. Residents who prefer to travel by car will find the building's location advantageous. Each unit comes with a deeded parking space, a valuable amenity in an urban setting. The proximity to major highways facilitates easy travel throughout New Jersey and into New York City. For air travel, Newark Liberty International Airport is remarkably close, just a 10-minute drive away. This proximity is particularly convenient for frequent travelers or those hosting out-of-town guests. For those needing to access other major airports in the area, LaGuardia Airport is about a 40-minute drive, while John F. Kennedy International Airport can be reached in approximately 50 minutes by car. The area around 550 Central Avenue is considered very walkable, with a variety of daily necessities accessible on foot. However, for cyclists, the infrastructure is less developed, with limited dedicated bike lanes or paths. Despite this, determined cyclists can still navigate the area, though caution is advised. Overall, the transportation options available near 550 Central Avenue provide residents with flexibility in how they choose to navigate both their immediate surroundings and the greater New York metropolitan area. Whether commuting for work, running errands, or exploring the region, residents have multiple convenient options at their disposal.

Building Details

Amenities

  • 24 Hour Access

Activity

Views

19

Unit Information

Unit
1
2
3
4
5
6
7
8
9
10
Beds
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
2 Beds
1 Bed
1 Bed
Studio
Baths
1 Bath
1 Bath
--
1 Bath
--
1 Bath
1 Bath
1 Bath
1 Bath
--
Sq Ft
--
--
--
--
--
--
--
--
--
--
Status
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Under Contract
Off Market
Off Market
Off Market
Price
--
--
--
--
--
--
$375,000
--
--
--
Estimated Value
$250,823
$260,823
$281,154
$251,819
$248,754
$249,601
$311,233
$257,240
$251,728
$229,311

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$212,658 - $229,311
1 Bedroom Units
Sq Ft Range
None Available
Est. Values
$232,778 - $443,762
2 Bedroom Units
Sq Ft Range
None Available
Est. Values
$311,233
All Units
Sq Ft Range
None Available
Est. Values
$212,658 - $443,762

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Bikeable

Bike Score®

51 / 100

Very Walkable

Walk Score®

87 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

67 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

See All Agents

Property Taxes

Range in Assessed Values
$118K - $192K
Range of Taxes in Building
$2,711 - $4,412
Range of Taxes per Sq Ft
$2.38 - $6.36

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.