NOT LISTED FOR SALE

Estimated Value: $790,000 - $955,000

8 Beds
4 Baths
2,912 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $805,000 $276 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,768/month

104 Days on Market

About This Home

As of March 2023

4 Family with 8 parking spots!!! all apartments are month to month with %7.5 CAP RATE with lots of potential to add more value! Ideal income producing home now available for sale in a perfect area of midtown, which is close to shopping, transportation and parks. The possibilities are endless. Located on an extra large lot with parking for 8 cars, this home features 4 large units that each consist of 2 bedrooms, living room, eat in kitchen and a full bath. This home also features a full walk out basement and a backyard. Ideal for investor or live in owner/investor; each apartment is metered separately. Don't miss this opportunity. Two units can be delivered vacant. Tenants are month to month!

Last Agent to Sell the Property

LODI TANNIOS

TRINITY REALTY License #1754793 Listed on: 08/18/2022

Last Buyer's Agent

SARAH MBI

KELLER WILLIAMS CITY LIFE JC REALTY License #2079030

KELLER WILLIAMS CITY LIFE JC REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,451

Lot Details

  • Lot Dimensions are 34 x 146

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 8 Bedrooms | 4 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal items
  • Legal Lot and Block 00036 / 00201
  • Assessor Parcel Number 6530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,451

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Multi-Level
  • Exclusions: All personal items
  • Inclusions: All appliances in the house
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 6530
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished, Walk-Out
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 8
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • First Floor Bedrooms: 4
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Floor 1 Rent: 3,200
  • Second Floor Bedrooms: 4
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 2
  • Floor 2 Living Rooms: 2
  • Floor 2 Rent: 3,200
  • Fl1 Rooms: 8
  • Fl2 Rooms: 8

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

  • Heating/Cooling: A/C Window, Gas

Lot Info

  • Geo Address Line: 120 W 23rd St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Update Timestamp: 08/18/2022
  • Geo Zoom Level: 16
  • Lot: 00036
  • Lot Size: 34 X 146

Tax Info

  • Year: 2022
  • Taxes: 12451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Feb 22, 2023
Sold by
Malek Romany
Bought by
Kumar Rajnees and Kumari Smita
Seller's Agent
LODI TANNIOS
TRINITY REALTY
Buyer's Agent
SARAH MBI
KELLER WILLIAMS CITY LIFE JC REALTY
List Price
$825,000
Sold Price
$805,000
Premium/Discount to List
-$20,000
-2.42%
Views
111
Current Estimated Value
$867,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,814
Avg. Annual Appreciation
2.94%
Original Mortgage
$571,500
Outstanding Balance
$552,912
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$314,902

Purchase Details

Listed on
Mar 6, 2015
Closed on
Aug 7, 2015
Sold by
Starita Nicola S and Starita Elizabeth
Bought by
Malek Romany
Seller's Agent
Chris Piechocki
KELLER WILLIAMS CITY LIFE REALTY
Buyer's Agent
Kirollos Nasralah
EXP REALTY LLC
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$343,660
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1997
Sold by
Ceglio Dolores and Senerchia Michael
Bought by
Starita Nicola S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,350
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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
Kumar Rajnees $816,000 Fidelity National Title
Kumar Rajnees $816,000 Fidelity National Title
Malek Romany $350,000 Fidelity National Title Ins
Malek Romany $350,000 Fidelity Nat Title Ins Co
Starita Nicola S $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Rajnees $571,500
Closed Kumar Rajnees $571,500
Previous Owner Malek Romany $343,660
Previous Owner Starita Nicola S $149,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $805,000 +0.6% $276 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $799,900 -3.0% $275 / Sq Ft
08/18/2022 08/18/22 For Sale $825,000 +135.7% $283 / Sq Ft
08/07/2015 08/07/15 Sold $350,000 -2.5% $120 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $359,000 -- $123 / 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 $14,005 $495,400 $201,300 $294,100
2024 $12,790 $500,900 $201,300 $299,600
2023 $12,790 $476,700 $201,300 $275,400
2022 $12,552 $476,700 $201,300 $275,400
2021 $12,451 $476,700 $201,300 $275,400
2020 $12,232 $476,700 $201,300 $275,400
2019 $13,722 $159,000 $92,800 $66,200
2018 $13,448 $159,000 $92,800 $66,200
2017 $13,100 $159,000 $92,800 $66,200
2016 $13,712 $172,800 $92,800 $80,000
2015 $13,261 $172,800 $92,800 $80,000
2014 $12,865 $172,800 $92,800 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 220015117

Hudson County MLS

APN: 01-00201-0000-00036