NOT LISTED FOR SALE

12 Olean Ave Jersey City, NJ 07304

West Side Neighborhood

Estimated Value: $776,475 - $881,000

4 Beds
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $690,000

Est. 18% increase in value since last sale

Current estimated payment $4,961/month

137 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Wood Siding
  • Liberty High School Rated A-
  • Dining Room
  • 3-minute walk to LIncoln Park Playground

About This Home

As of August 2023

Newly renovated legal 2-family property in a prime location of Jersey City. Each unit features 3 bedrooms and 1 bathroom. Interior is beautifully renovated with modern amenities, new appliances, floors, paint, and fixtures. Ideal for smart investment, potential rental income, or multi-generational living. Conveniently located near local amenities. Don't miss out on this rare opportunity to own a turnkey 2-family property. Book a viewing today!

Last Agent to Sell the Property

Jack Yao

REALMART REALTY License #0902217 Listed on: 01/02/2023

Last Buyer's Agent

Khadijah Casiano

HOMEVEST REALTY INC License #1860961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,371

Lot Details

  • Lot Dimensions are 25x100

Parking

  • 1 Parking Space

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Utilities

  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00018 / 18204
  • Assessor Parcel Number 30570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,371

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial, Multi-Level
  • Lead Paint Form: Yes
  • Section: Journal Square
  • Assessor Parcel Number: 30570
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Total Living Rooms: 2
  • Basement Other Rooms: 1
  • Floor 1 Dining Rooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Dining Room: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1

Exterior Features

  • Exterior Finish: Wood

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: Gas, Radiators

Lot Info

  • Geo Address Line: 12 Olean Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00018
  • Lot Size: 25x100

Tax Info

  • Year: 2022
  • Taxes: 6371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Aug 18, 2023
Sold by
12 Olean Llc
Bought by
Tawadrous Abanoud
Seller's Agent
Jack Yao
REALMART REALTY
Buyer's Agent
Khadijah Casiano
HOMEVEST REALTY INC
List Price
$690,000
Sold Price
$690,000
Views
62
Current Estimated Value
$812,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,869
Avg. Annual Appreciation
6.80%
Original Mortgage
$666,971
Outstanding Balance
$651,773
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$161,096

Purchase Details

Closed on
Nov 16, 2022
Sold by
Sheriff Of The County Of Hudson
Bought by
American Express Centurion Service and State Of New Jersey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,450
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2008
Sold by
Reed Levi and Brown Marie
Bought by
Reed Hyacinth and Reed Levi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.16%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 14, 2001
Sold by
Reed Levi and Reed Hyacinth E
Bought by
Reed Levi and Brown Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tawadrous Abanoud $690,000 Catic Title
American Express Centurion Service $387,719 None Listed On Document
Reed Hyacinth -- None Available
Reed Levi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tawadrous Abanoud $666,971
Previous Owner American Express Centurion Service $332,450
Previous Owner Reed Hyacinth $544,185
Previous Owner Reed Levi $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $690,000 0.0% --
05/19/2023 05/19/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $690,000 0.0% --
04/07/2023 04/07/23 Pending -- -- --
03/26/2023 03/26/23 Price Changed $690,000 +40.8% --
01/02/2023 01/02/23 For Sale $490,000 -- --
Source: Hudson County MLS

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 $8,869 $562,600 $175,000 $387,600
2024 $8,925 $397,200 $175,000 $222,200
2023 $8,925 $397,200 $175,000 $222,200
2022 $8,413 $397,200 $175,000 $222,200
2021 $6,371 $397,200 $175,000 $222,200
2020 $6,395 $397,200 $175,000 $222,200
2019 $6,117 $397,200 $175,000 $222,200
2018 $1,391 $397,200 $175,000 $222,200
2017 $7,293 $93,500 $10,000 $83,500
2016 $7,200 $93,500 $10,000 $83,500
2015 $6,996 $93,500 $10,000 $83,500
2014 $6,951 $93,500 $10,000 $83,500
Source: Public Records

Agents Affiliated with this Home

  • Jack Yao

    Seller's Agent in 2023

    Jack Yao

    REALMART REALTY

    (732) 727-2285

    4 in this area

    1,535 Total Sales

    Jack Yao
    Section Image
  • Khadijah Casiano

    Buyer's Agent in 2023

    Khadijah Casiano

    HOMEVEST REALTY INC

    (201) 423-8834

    2 in this area

    13 Total Sales

    Khadijah Casiano
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 220022037

Hudson County MLS

APN: 06-18204-0000-00018

New Jersey Hudson County Jersey City 07304 West Side

12 Olean Ave, Jersey City, NJ

Not Listed for Sale

MultiFamily

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.