NOT LISTED FOR SALE

514 2nd St Union City, NJ 07087

Estimated Value: $851,000 - $1,365,316

6 Beds
4 Baths
-- Sq Ft
2,309 Sq Ft Lot

Last Sold November 09, 2021

Last sale price $900,000

Est. 25% increase in value since last sale

Current estimated payment $7,585/month

124 Days on Market

Highlights

  • Living Room
  • Central Air
  • 1-minute walk to Washington Park
  • Sara M. Gilmore Academy Rated A-
  • Dining Room

About This Home

As of November 2021

Amazing opportunity to own this unique 3 unit property located right on Washington Park. The property consists of 3 units within 2 buildings. The front structure is a 2 family with two 2 bedroom 1 bath apartments. Both units have been renovated featuring new Kitchens with stainless steel appliances and quartz countertops. Breakfast bar and eat in kitchens. The master fits a king sized bed. Plenty of closet space throughout. New bathrooms, Pre-Wired with multi media cable and HVAC. Washer and Dryer and storage available in the full basement. In the rear structure you have a stunning newly constructed duplex townhouse with a private garden entrance. Open concept floor plan with 9 FT ceilings that open into a generous patio and backyard with shed. There are 2 bedrooms and 2 full baths. Kitchen features custom cabinets, SS appliances, quartz countertops, recessed dimmable LED lighting, ceiling fans, nest thermostat, washer and dryer in unit with plenty of closets and storage. Separate Utilities Heat and Electric. Live in one unit and rent the other 2 out. Excellent tenant history. Camera security system on premises. On street parking. Steps away from NYC transportation and the 123 bus. Close to the elevator to Hoboken Lite Rail and near vibrant Central Ave in the Heights. Property in located in the designated Opportunity Zone!!

Last Listed By

Patricia Gray

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1435209 Listed on: 05/28/2021

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,561

Year Built

  • 1898

Lot Details

  • 2,309

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Insurance Expense $2,950
  • Water Sewer Expense $1,708

Listing and Financial Details

  • Exclusions: All Personal Property
  • Legal Lot and Block 00042 / 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,561

Year Built

1898

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Townhouse, Multi-Level
  • Exclusions: All Personal Property
  • Inclusions: All Appliances and Fixtures
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1898

Interior Features

  • Basement Type: Full, Unfinished, Walk-Out
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 6
  • Total Other Rooms: 2
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1825
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1825
  • Fourth Floor Bedrooms: 2
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 2
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor4 Other: 1
  • Floor 4 Rent: 2800
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl4 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None
  • Annual Water Sewer Expense: 2020

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas
  • Annual Insurance Expense: 2020
  • Other Expense Year: 2020

Fee Information

  • Insurance Expense: 2950
  • Other Expense: 420
  • Water Sewer Expenses: 1708

Lot Info

  • Geo Address Line: 514 2nd St
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/28/2021
  • Geo Zoom Level: 16
  • Lot: 00042

Tax Info

  • Year: 2020
  • Taxes: 14561

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2014
Closed on
May 28, 2015
Sold by
Federal National Mortgage Association
Bought by
Hazaga Robert
Seller's Agent
Manuel Couto
ROSA AGENCY
Buyer's Agent
Steven Lartiga
ROSA AGENCY
List Price
$237,900
Sold Price
$237,000
Premium/Discount to List
-$900
-0.38%
Total Days on Market
124
Current Estimated Value
$1,120,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,579
Avg. Annual Appreciation
16.92%
Original Mortgage
$320,512
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2013
Sold by
Matute Segundo C and Onewest Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2005
Sold by
Marte Juan A and Marte Alfa
Bought by
Matute Segundo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 18, 2003
Sold by
Marte Urena Juan Alberto
Bought by
Marte Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 17, 1998
Sold by
Prester Michael and Prester Eileen
Bought by
Marte Urena Juan Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,839
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1995
Sold by
Chris Construction Corp
Bought by
Prester Michael and Prester Eileen

Purchase Details

Closed on
Oct 11, 1994
Sold by
Castillo Juan and Borroto Miriam
Bought by
Chris Construction Corp

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 300-302 Bergenline Ave, Union City, NJ 07087

    $1,250,000

    • 8 Beds
    • 4 Baths
    • 300-302 Bergenline Ave
    • Union City, NJ

    PRIME INVESTMENT OPPORTUNITY – MIXED-USE GEM WITH STRONG CASH FLOW! 4 RESIDENTIAL UNITS, ONE 700 SQ FT COMMERCIAL GARAGE ALL UNDER ONE DEED ON A 50X100 LOT! RARE FIND IN A HIGHLY SOUGHT-AFTER LOCATION! THIS FULLY OCCUPIED MIXED-USE PROPERTY OFFERS FOUR UPDATED RESIDENTIAL UNITS — EACH WITH TWO BEDROOMS — PLUS A COMMERCIAL GARAGE SPACE OF APPROX. 700 SQ FT. ALL RESIDENTIAL UNITS WERE RENOVATED IN

    Jose Ortega KELLER WILLIAMS TOWN LIFE

    Section Image
  • 710 7th St, Union City, NJ 07087

    $895,000

    • 8 Beds
    • 4 Baths
    • 710 7th St
    • Union City, NJ

    Investor's delight. Unique fixer upper opportunity to possess an income producing property. Kitchens and bathrooms gutted and readied for renovation by buyer. Being listed as a four-family but has a fifth unit in the basement for a tremendous upside (both electric and gas meters in place for five units). Moreover, there is a potential to erect an additional floor up (please check with a

    George Eronini Xenon NY Properties

    Section Image
  • 705 8th St, Union City, NJ 07087

    $949,000

    • 6 Beds
    • 3 Baths
    • 705 8th St
    • Union City, NJ

    Don't miss this opportunity to own a fully renovated three-family home in Union City! Enter into each of these newly updated units and you are welcomed with a bright living room, gorgeous hardwood floors, and an open-concept right into the eat-in kitchen. The kitchens boast modern finishes, including white cabinets, a breakfast bar, and stainless steel appliances. Each unit has 2 sizable

    Abanoub Habib EXP REALTY LLC

    Section Image
  • 545-547 9th St, Union City, NJ 07087

    $925,000

    • 4 Beds
    • 4 Baths
    • 545-547 9th St
    • Union City, NJ

    Opportunities like this don’t come around often! This four-family property in Union City sits on an expansive 60x90 lot and offers incredible investment potential. Each of the four units features a one-bedroom, one-bath layout with separate utilities. Beyond the residential spaces, the property includes eight garages and six additional parking spots, adding even more value. With a current 5% cap

    NICHOLE LOPEZ PRESTIGE PROPERTIES

    Section Image
  • 516 9th St, Union City, NJ 07087

    $800,000

    • 4 Beds
    • 4 Baths
    • 516 9th St
    • Union City, NJ

    Don’t miss this fantastic 4-family property featuring four spacious 1-bedroom units in the heart of Union City. Two of the units, located on the top floor, are currently vacant—offering immediate rental income potential or the perfect opportunity for an owner-occupant or value-add investor. Each of the four units has a generous layout with great natural light. The two vacant units on the top

    KYLE FREEDMAN COMPASS

    Section Image
  • 603 11th St, Union City, NJ 07087

    $850,000

    • 5 Beds
    • 4 Baths
    • 603 11th St
    • Union City, NJ

    CALLING ALL INVESTORS!! A true BRICK 4-family building on the border of Jersey City Heights. The property consists of (3) 1-bedroom apts, and (1) 2-bedroom apt with a large private backyard. Strong rental income and low separated utilities. Extra-large lot coverage (25'x100.04'). Well maintained and renovated property with "value add" potential, or a condo conversion opportunity. Please

    Jeremy Canizares LIBERTY REALTY LLC

    Section Image
  • 1213-15 Central Ave, Union City, NJ 07087

    $750,000

    • 5 Beds
    • 4 Baths
    • 1213-15 Central Ave
    • Union City, NJ

    Welcome to this fully occupied, detached brick three-family home in the heart of Union City. Unit 1 features an eat-in kitchen, living room, dining area, three bedrooms, and one bathroom. Unit 2 offers an eat-in kitchen, living room, one bedroom, and one bathroom. Unit 3 includes a kitchen, living room (being used as a bedroom), one bedroom, and one bathroom—an ideal setup for investors seeking

    Geraldine Ciaccia EXP REALTY LLC

    Section Image
  • 313 13th St, Union City, NJ 07087

    $880,000

    • 8 Beds
    • 5 Baths
    • 313 13th St
    • Union City, NJ

    Property is being sold as is. Buyer is responsible for all inspections and certificates.

    Maureen Leong KELLER WILLIAMS TEAM REALTY

    Section Image
  • 1010 Paterson Plank Rd, North Bergen, NJ 07047

    $750,000

    • 6 Beds
    • 3 Baths
    • 1010 Paterson Plank Rd
    • North Bergen, NJ

    Back on the Market! Buyers could not perform. Prime Location! Excellent opportunity to acquire a well-maintained 2 Family home situated in a convenient area of North Bergen. Features original hardwood floors & a finished walk-out basement with washer/dryer hookup. The 1st floor includes a 2-bdrm apt with an eat-in kitchen that grants access to a spacious deck. The sizable living area has been

    Jamillet Delienne Century ACV LLC

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hazaga Robert $237,000 Westco Land Title Insurance
Federal National Mortgage Association $532,109 None Available
Matute Segundo C $367,000 Summit Title Agency Inc
Marte Juan A -- --
Marte Urena Juan Alberto $137,000 --
Prester Michael $97,000 --
Chris Construction Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hazaga Robert $634,500
Closed Brazaga Robert J $633,750
Closed Hazaga Robert $525,750
Previous Owner Hazaga Robert $320,512
Previous Owner Matute Segundo C $387,000
Previous Owner Matute Segundo C $73,400
Previous Owner Marte Juan A $247,500
Previous Owner Marte Juan A $182,000
Previous Owner Marte Urena Juan Alberto $135,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $900,000 -5.3% --
09/29/2021 09/29/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $950,000 +300.8% --
06/24/2015 06/24/15 Sold $237,000 -0.4% --
11/06/2014 11/06/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $237,900 -- --
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

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 $15,760 $753,000 $262,800 $490,200
2023 $15,760 $205,000 $82,100 $122,900
2022 $15,193 $205,000 $82,100 $122,900
2021 $15,139 $205,000 $82,100 $122,900
2020 $14,967 $205,000 $82,100 $122,900
2019 $14,561 $205,000 $82,100 $122,900
2018 $10,107 $145,000 $82,100 $62,900
2017 $10,011 $145,000 $82,100 $62,900
2016 $8,613 $125,000 $82,100 $42,900
2015 $8,464 $125,000 $82,100 $42,900
2014 $8,280 $125,000 $82,100 $42,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 210012913

Hudson County MLS

APN: 10-00009-0000-00042