NOT LISTED FOR SALE

116 Van Horne St Jersey City, NJ 07304

Bergen-Lafayette Neighborhood

Estimated Value: $1,013,000 - $1,285,000

12 Beds
5 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold May 10, 2023

Last sale price $960,000

Est. 20% increase in value since last sale

Current estimated payment $7,673/month

145 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • 5-minute walk to Garfield Park
  • Liberty High School Rated A-
  • Baseboard Heating

About This Home

As of May 2023

Rare opportunity, 4-family in the highly sought after Bergen/Lafayette. A short stroll to the Garfield Avenue Light Rail Station, Berry Lane Park, The Grind Coffee Shop, Harry's Daughter and Lafayette Pool and Aquatic Center. The property features a main house and a carriage house. Both rooftops offer views of the NYC skyline. The 3-unit main house has been gutted to the studs and completely renovated. Each unit boasts all new cabinetry, granite countertops, stainless steel appliances, tasteful bathroom finishes, new windows, and new heating systems. The first floor unit is ADA compliant and opens to the rear courtyard. There's new plumbing and electrical throughout. The water and service lines have been replaced from the main house to the city's water main. The building's hardwired fire protection system communicates directly to the city fire department. The quaint, 4-bed, 2-bath carriage house boasts new kitchen cabinets, granite countertops, stainless steel appliances, an open living area, an original exposed brick feature wall, and a full walkout basement. Bring your ideas and make it your own.The entire property is in an Opportunity Zone (Zone # 34017004600) and may be eligible for preferential tax treatment. The front house is in a flood zone.

Last Agent to Sell the Property

RAFAEL ORELLANA

FOOTPRINTS REALTY License #9805547 Listed on: 10/07/2022

Last Buyer's Agent

RAFAEL ORELLANA

FOOTPRINTS REALTY License #9805547 Listed on: 10/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,046

Lot Details

  • 2,178

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms | 2 Main Level Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 42523

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,046

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Colonial
  • Lead Paint Form: Yes
  • Section: Bergen-Lafayette
  • Assessor Parcel Number: 42523
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Unfinished
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 12
  • Total Dining Rooms: 1
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: VACANT
  • Second Floor Bedrooms: 3
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: VACANT
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: VACANT
  • Fourth Floor Bedrooms: 4
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 2
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Rent: REAR HOUSE
  • Fl1 Rooms: 4
  • Fl2 Rooms: 5
  • Fl3 Rooms: 5
  • Fl4 Rooms: 7

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

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

Lot Info

  • Geo Address Line: 116 Van Horne St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 10/07/2022
  • Geo Zoom Level: 16

Tax Info

  • Year: 2021
  • Taxes: 13046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jun 27, 2023
Sold by
116 Van Horne Jc Llc
Bought by
116 Van Horn Nj Llc
Seller's Agent
RAFAEL ORELLANA
FOOTPRINTS REALTY
Buyer's Agent
RAFAEL ORELLANA
FOOTPRINTS REALTY
List Price
$1,399,000
Sold Price
$960,000
Premium/Discount to List
-$439,000
-31.38%
Views
213
Current Estimated Value
$1,150,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,089
Avg. Annual Appreciation
8.32%
Original Mortgage
$825,000
Outstanding Balance
$805,849
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$344,240

Purchase Details

Listed on
Oct 7, 2022
Closed on
May 9, 2023
Sold by
Hall Anthony
Bought by
116 Van Home Jc Llc
Seller's Agent
RAFAEL ORELLANA
FOOTPRINTS REALTY
Buyer's Agent
RAFAEL ORELLANA
FOOTPRINTS REALTY
List Price
$1,399,000
Sold Price
$960,000
Premium/Discount to List
-$439,000
-31.38%
Views
213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$805,849
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$344,240

Purchase Details

Closed on
Sep 21, 2007
Sold by
Hall Anthony
Bought by
Hall Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
6.59%
Mortgage Type
Commercial
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
116 Van Horn Nj Llc $1,100,000 None Listed On Document
116 Van Home Jc Llc $960,000 Stewart Title
Hall Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 116 Van Horn Nj Llc $825,000
Previous Owner Hall Anthony $145,800
Previous Owner Hall Anthony $134,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $960,000 -26.1% --
03/01/2023 03/01/23 Pending -- -- --
01/07/2023 01/07/23 Price Changed $1,299,000 -7.1% --
10/07/2022 10/07/22 For Sale $1,399,000 -- --
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 $16,877 $755,800 $175,000 $580,800
2024 $16,983 $755,800 $175,000 $580,800
2023 $16,983 $755,800 $175,000 $580,800
2022 $13,041 $615,700 $175,000 $440,700
2021 $9,876 $615,700 $175,000 $440,700
2020 $9,913 $615,700 $175,000 $440,700
2019 $9,482 $615,700 $175,000 $440,700
2018 $1,934 $615,700 $175,000 $440,700
2017 $10,140 $130,000 $17,500 $112,500
2016 $10,011 $130,000 $17,500 $112,500
2015 $9,727 $130,000 $17,500 $112,500
2014 $9,664 $130,000 $17,500 $112,500
Source: Public Records

Agents Affiliated with this Home

  • RAFAEL ORELLANA

    Seller's Agent in 2023

    RAFAEL ORELLANA

    FOOTPRINTS REALTY

    (201) 724-5301

    2 in this area

    32 Total Sales

    Section Image

  • E

    Buyer Co-Listing Agent in 2023

    Errol Dhurpat

    FOOTPRINTS REALTY

    (201) 993-6244

    1 in this area

    20 Total Sales

    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220017947

Hudson County MLS

APN: 06-19902-0000-00013

New Jersey Hudson County Jersey City 07304 Bergen-Lafayette

116 Van Horne St, Jersey City, NJ

This home is located at 116 Van Horne St, Jersey City, NJ 07304 since 07 October 2022 and is currently estimated at $1,150,089. 116 Van Horne St is a home located in Hudson County with nearby schools including Rev. Dr. Ercel F. Webb Community School, PS #22, Lincoln High School, and James J. Ferris High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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