NOT LISTED FOR SALE

Estimated Value: $531,000 - $592,235

2 Beds
2 Baths
1,763 Sq Ft
$322/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $400,000 $227 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,704/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Dining Room
  • Property is near a park
  • Living Room

About This Home

As of February 2023

Large single family house on a huge lot 50.62 x 122 on a quiet street downtown Bayonne. Close to schools, churches, Light Rail, buses with connections the the PATH train to NYC, Hoboken and more. House sold for land value. Cash offers / 203K loans only. Taxes and lot size per NJ tax records, should be independently verified.

Last Agent to Sell the Property

Janice Hall

WEICHERT REALTORS License #0459021 Listed on: 07/18/2022

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,915

Lot Details

  • Lot Dimensions are 50.62x122.48

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Shingle Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 3 / 339
  • Assessor Parcel Number 10779

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,915

Lot Details

0

Listing Details

  • Class: ONE FAMILY
  • Type: One Family
  • Building Style: Colonial, Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 10779
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Rooms: 9
  • Basement: Full, Unfinished
  • Total Dining Rooms: 1
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Level1 Other: 1
  • Level 2 Bedrooms: 2
  • Level 2 Full Bathrooms: 1
  • Level2 Other: 1
  • Level3 Other: 2

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Shingle

Utilities

  • Heating/Cooling: A/C Window, Gas, Radiators

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Backyard

Lot Info

  • Geo Address Line: 116 Newman Ave # 120
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/18/2022
  • Geo Zoom Level: 16
  • Lot: 3
  • Lot Size: 50.62x122.48

Rental Info

  • Pets Allowed: Y

Tax Info

  • Year: 2021
  • Taxes: 9915

Multi Family

  • Total Other: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Feb 16, 2023
Sold by
Nugent Richard G
Bought by
Zafar Muhammad U and Malik Kiran
Seller's Agent
Janice Hall
WEICHERT REALTORS
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Views
140
Current Estimated Value
$568,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,309
Avg. Annual Appreciation
14.52%
Original Mortgage
$683,616
Outstanding Balance
$662,116
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
-$93,807
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Zafar Muhammad U $400,000 Mega Title
Zafar Muhammad U $400,000 Mega Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zafar Muhammad U $683,616
Closed Zafar Muhammad U $683,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $400,000 -10.9% $227 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $449,000 -- $255 / Sq Ft
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
2025 $8,438 $404,600 $224,100 $180,500
2024 $10,185 $301,800 $224,100 $77,700
2023 $10,185 $379,600 $224,100 $155,500
2022 $9,995 $379,600 $224,100 $155,500
2021 $9,915 $379,600 $224,100 $155,500
2020 $9,741 $379,600 $224,100 $155,500
2019 $10,097 $117,000 $86,400 $30,600
2018 $9,896 $117,000 $86,400 $30,600
2017 $9,640 $117,000 $86,400 $30,600
2016 $9,284 $117,000 $86,400 $30,600
2015 $8,729 $117,000 $86,400 $30,600
2014 $8,461 $117,000 $86,400 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220013050

Hudson County MLS

APN: 01-00339-0000-00003