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Union 07083
2798 Allen Ave
Photo of 2798 Allen Ave
Sold on Sep 15, 2026

26

Map

Photo of 2798 Allen Ave
Photo of 2798 Allen Ave
$675,000
● House - Off Market

2798 Allen Ave

Union Twp., NJ 07083
bedrooms
3 Beds
bathrooms
0 Bath
$3,187
Est. Monthly
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

Payment Calculator

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Cap Rate Calculator

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Monthly Property Taxes
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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (GSMLS #4036884)

Price History

Date / Event Date Event Price
Sep 15, 2026 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,155
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 615
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP EMERSON PARK SECTION TWO
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Union Township School District
  • Census Tract: 032901

Geography

  • District: 19
  • Parcel: 19 04510-0000-00051
  • Block: 4510
  • Lot: 51
  • Municipality: UNION TWP
  • Latitude: 40.7127
  • Longitude: -74.292

    Address

  • Full Address: 2798 Allen Ave
  • Address - House Number: 2798
  • Address - Street Name: Allen
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Union
  • Carrier Code: C054
  • 4-Digit Zip Code: 4134
  • Zip Code: 07083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,083,450

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 552,066
  • High Value: 657,516
  • Low Value: 446,616

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $20,500
  • Market Improvement Value: $29,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,000
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $29,500

    Sales

  • Current Sale Contract Date: Mar 24, 2000
  • Current Sale Recording Date: Apr 03, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 78927
  • Previous Sale Recording Date: Dec 02, 1998
  • Previous Sale Contract Date: Nov 25, 1998
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Union

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$349

Below Asking

0.01%

Average Days on Market

71

Average Home Size

679 ft²

Average Home Age

-

Currently For Sale

899 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 271 Millburn, Millburn, NJ, 07041

$3,500 /mo

  • 2 Beds
  • 1 Bath
271 Millburn, Millburn, NJ, 07041 Listing by Danielle G. Genovese
Unit for rent at 190 Millburn, Millburn, NJ, 07041

$1,975 /mo

  • 1 Bed
  • 1 Bath
190 Millburn, Millburn, NJ, 07041 Listing by Sang K. Lee

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 2 months ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2798 Allen Avenue built and last sold?
The property at 2798 Allen Avenue was built in 1963 and last sold on Mar 24, 2000 for $205,000.
How much is this home worth?
The estimated value of the home located at 2798 Allen Avenue is $655,490.
What are some comparable homes to 2798 Allen Avenue?
There are currently no comparable homes to 2798 Allen Avenue.
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