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500 Central Ave

Union City, NJ 07087

1 bd 789 sqft Built 1963 Lot 83 sqft condo
Most recent sale
$280,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $280,000 Public Record
Jun 30, 2022 Sold $280,000 HudsonCounty
Apr 11, 2022 Listed $280,000 MLS #220006265
Mar 28, 2008 Sold $225,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,300 $143,700 $312,000 $5,544
2024 $160,900 $139,100 $300,000 $5,076
2023 $76,800 $9,200 $86,000 $6,611
2022 $76,800 $9,200 $86,000 $6,373
2021 $76,800 $9,200 $86,000 $6,351
2020 $76,800 $9,200 $86,000 $6,279
2019 $76,800 $9,200 $86,000 $6,109
2018 $76,800 $9,200 $86,000 $5,994
2017 $76,800 $9,200 $86,000 $5,937
2016 $76,800 $9,200 $86,000 $5,925
2015 $76,800 $9,200 $86,000 $5,823
2014 $76,800 $9,200 $86,000 $5,697
2013 $66,300 $9,200 $75,500 $4,941
2012 $55,800 $9,200 $65,000 $4,161
2011 $45,300 $9,200 $54,500 $3,373
2010 $34,800 $9,200 $44,000 $2,609
2009 $24,300 $9,200 $33,500 $1,926

Property facts

Year built
1963
Property type
condo
Stories
1
Beds
1
Baths
Living area
789 sqft
Lot size
83 sqft
ZIP code
07087
City
Union City
Street
Central Ave
Coordinates
40.75627, -74.04265

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,184
Gross rental yield
5.07%
Implied cap rate
3.30%
Trend-extrapolated value

Frequently asked questions

When did 500 Central Ave last sell?
500 Central Ave most recently sold on Aug 11, 2022 for $280,000.
What is the current tax assessment for 500 Central Ave?
The most recent total assessment for 500 Central Ave (year 2025) is $312,000 with $5,544 in property tax.
How does 500 Central Ave's assessment compare to its last sale price?
The current assessment is 11.4% above the last sale price of $280,000.
When was 500 Central Ave built?
500 Central Ave was built in 1963.
How does 500 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 500 Central Ave?
500 Central Ave is a 1 bed, 789 sqft, 83 sqft lot condo.
Is 500 Central Ave a flip candidate?
No — 500 Central Ave does not appear in our flips dataset.
Is 500 Central Ave a tax-appeal candidate?
No — 500 Central Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$652.2K
2026 Q4
$662.3K
ZIP 07087 — Median Price History + Forecast

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