2907 Central Ave Union City, NJ 07087
Estimated payment $11,135/month
Total Views
535
12
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Living Room
- Central Air
- 5-minute walk to Juan Pablo Duarte Park
- Sara M. Gilmore Academy Rated A-
- Dining Room
About This Home
RARE 4-FAMILY INVESTMENT OPPORTUNITY – 2 HOMES ON 1 LOT! A unique and fully renovated 4-family property with NO RENT CONTROL, offering a prime opportunity for both investors and end users. This rare setup features two separate 2-family homes on one oversized 25' x 140' lot – a front house and a rear house – providing exceptional rental income and privacy. Front Property: Renovated Units Currently rented for $2,800 and $2,500 ($5,300 total/month) Rear Property (New Construction): 1st Floor: 3-Bedroom unit rented for $3,500/month 2nd Floor: 4-Bedroom unit rented for $4,300/month Total rear building income: $7,800/month Total Monthly Rental Income: $13,100 Annual Gross Income: $157,200 Low Taxes: $11,000/year Private Parking for Multiple Cars. This property is perfect for any savvy investor looking for strong cash flow in a high-demand rental market. Located in the heart of Union City, close to public transportation, schools, shops, and minutes to NYC. Don’t miss your chance to own a high-yield asset in one of Hudson County's fastest-growing neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,000
Lot Details
- Lot Dimensions are 25x139
Parking
- 3 Parking Spaces
Home Design
- Aluminum Siding
Interior Spaces
- Multi-Level Property
- Living Room
- Dining Room
- Unfinished Basement
- Crawl Space
Bedrooms and Bathrooms
- 12 Bedrooms | 2 Main Level Bedrooms
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Legal Lot and Block 18 / 162
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,532 | $566,300 | $364,000 | $202,300 |
| 2023 | $11,532 | $150,000 | $118,400 | $31,600 |
| 2022 | $11,117 | $150,000 | $118,400 | $31,600 |
| 2021 | $11,078 | $150,000 | $118,400 | $31,600 |
| 2020 | $10,952 | $150,000 | $118,400 | $31,600 |
| 2019 | $10,655 | $150,000 | $118,400 | $31,600 |
| 2018 | $10,455 | $150,000 | $118,400 | $31,600 |
| 2017 | $10,356 | $150,000 | $118,400 | $31,600 |
| 2016 | $10,335 | $150,000 | $118,400 | $31,600 |
| 2015 | $10,157 | $150,000 | $118,400 | $31,600 |
| 2014 | $9,936 | $150,000 | $118,400 | $31,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $1,850,000 | -- | -- |
Source: Hudson County MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | Mega Title | |
| Sheriffs Deed | $316,178 | None Listed On Document | |
| Deed | $125,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $768,000 | Construction | |
| Closed | $250,000 | New Conventional | |
| Closed | $368,000 | Construction | |
| Previous Owner | $275,000 | Commercial | |
| Previous Owner | $192,000 | Unknown | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $105,000 | Commercial |
Source: Public Records
Similar Homes in Union City, NJ
-
$1,395,000
- 11 Beds
- 6 Baths
- 1215 Bergenline Ave
- Union City, NJ
Turnkey income producing, legal 3-unit real estate property ..... The GATEWAY NEW DOUBLE TUNNEL to NYC under Hudson County is already here and is increasing the value of every property in Hudson County .... ready to move in, central and near public transportation, to NYC, airports .... Features 3 spacious apartments above ground level: 11 Bedrooms, 6 full bathrooms, 2 bathrooms in each apartment.
Marlon Vite RE/MAX SELECT - Fort Lee
Source: Hudson County MLS
MLS Number: 250013950
APN: 10-00162-0000-00018
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