Log In/Sign Up
Your email has been sent.
513 Central Ave 6 Unit Apartment Building $895,000 ($149,167/Unit) 5.34% Cap Rate Union City, NJ 07087
Executive Summary
Discover a prime investment opportunity in the heart of Union City! This fully-rented six-family property offers stable, reliable income in a thriving community just moments from New York City. Surrounded by major retailers, diverse restaurants, parks, and a vibrant cultural scene, this property sits at the perfect intersection of urban convenience and neighborhood charm.
Union City is known for its vibrant arts, lively community events, and a rich array of culinary experiences that tenants absolutely love. This dynamic atmosphere not only enhances tenant satisfaction but also helps maintain strong occupancy rates.
Do not miss out on this opportunity! For more information or to schedule a tour, please have them contact me directly.
Union City is known for its vibrant arts, lively community events, and a rich array of culinary experiences that tenants absolutely love. This dynamic atmosphere not only enhances tenant satisfaction but also helps maintain strong occupancy rates.
Do not miss out on this opportunity! For more information or to schedule a tour, please have them contact me directly.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $750.00 | - |
| 2+1 | 2 | $931.50 | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 10-00021-0000-00008 | Total Assessment | $574,000 (2025) |
| Land Assessment | $360,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $214,000 (2025) | Tax Year | 2024 Payable 2024 |
Property Taxes
Parcel Number
10-00021-0000-00008
Land Assessment
$360,000 (2025)
Improvements Assessment
$214,000 (2025)
Total Assessment
$574,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
513 Central Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.