$830,000
SOLD JUL 28, 2023

122 Magnolia Ave Jersey City, NJ 07306

Journal Square Neighborhood
0.06 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

17% Below List Price

60 Days on Market

About This Lot

As of July 2023

Possible 10-14 units on this site with single family home. In 2060 Journal Square Redevelopment Plan, Zone 4A. 8th lot from the corner of Summit, where stands the largest towers in Journal Square. Determination of No Significance already secured from JC Historic. Possible to build 5 stories, 10-14 unit, confirm with JC Planning Dept. There is a driveway easement, working oil tank and heating system. Documentation from Land Use engineering firm, on-hand.

Last Agent to Sell the Property

Joan Koehler

HOWARD HANNA RAND REALTY License #0678649 Listed on: 11/14/2022

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Joan Koehler

HOWARD HANNA RAND REALTY License #0678649 Listed on: 11/14/2022

HOWARD HANNA RAND REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,874

Lot Details

  • Lot Dimensions are 25 x 102

Listing and Financial Details

  • Legal Lot and Block 00021 / 09606

Property Details

Property Type

Land

Est. Annual Taxes

$10,874

Lot Details

0

Listing Details

  • Class: VACANT LAND
  • Type: Vacant Land
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 6627
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Easements: 1, shared driveway, front
  • Geo Address Line: 122 Magnolia Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 11/16/2022
  • Geo Zoom Level: 16
  • Lot: 00021
  • Lot Size: 25 x 102
  • Number of Lots: 1

Tax Info

  • Year: 2021
  • Taxes: 10874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jul 27, 2023
Sold by
Pedoto Joseph
Bought by
122 Magnolia Ave Partners Llc
Seller's Agent
Joan Koehler
HOWARD HANNA RAND REALTY
Buyer's Agent
Joan Koehler
HOWARD HANNA RAND REALTY
List Price
$999,000
Sold Price
$830,000
Premium/Discount to List
-$169,000
-16.92%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Original Mortgage
$600,000
Outstanding Balance
$105,147
Interest Rate
6.11%
Estimated Equity
$990,798

Purchase Details

Closed on
Jul 1, 2022
Sold by
Simeone Gilda Deangelis
Bought by
Pedoto Joseph

Purchase Details

Closed on
Oct 14, 2009
Sold by
Deangelis Gilda
Bought by
Deangelis Simeone Gilda

Purchase Details

Closed on
Feb 16, 2005
Sold by
Deswolkien Romuald De
Bought by
Des Company Of Delaware
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 Type Sale Price Title Company
Bargain Sale Deed $830,000 Coastal Title Agency
Deed -- --
Deed $137,500 --
Deed $5,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $1,100,000 +32.5% --
07/28/2023 07/28/23 Sold $830,000 -5.1% --
01/21/2023 01/21/23 Price Changed $875,000 -12.4% --
01/13/2023 01/13/23 Pending -- -- --
11/14/2022 11/14/22 For Sale $999,000 -- --
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
2024 $11,536 $513,400 $325,000 $188,400
2023 $11,536 $513,400 $325,000 $188,400
2022 $10,874 $513,400 $325,000 $188,400
2021 $8,235 $513,400 $325,000 $188,400
2020 $8,266 $513,400 $325,000 $188,400
2019 $7,906 $513,400 $325,000 $188,400
2018 $1,637 $513,400 $325,000 $188,400
2017 $8,580 $110,000 $25,300 $84,700
2016 $8,471 $110,000 $25,300 $84,700
2015 $8,230 $110,000 $25,300 $84,700
2014 $8,177 $110,000 $25,300 $84,700
Source: Public Records

Agents Affiliated with this Home

  • Aaron Visco

    Seller's Agent in 2025

    Aaron Visco

    KELLER WILLIAMS CITY LIFE JC REALTY

    (201) 232-6493

    5 in this area

    126 Total Sales

    Aaron Visco
    Section Image
  • Joan Koehler

    Seller's Agent in 2023

    Joan Koehler

    HOWARD HANNA RAND REALTY

    (201) 214-3529

    4 in this area

    28 Total Sales

    Joan Koehler
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220020218

Hudson County MLS

APN: 06-09606-0000-00021

New Jersey Hudson County Jersey City 07306 Journal Square

122 Magnolia Ave, Jersey City, NJ

This home is located at 122 Magnolia Ave, Jersey City, NJ 07306 and is currently priced at $830,000. 122 Magnolia Ave is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, William L. Dickinson High School, and Dr Ronald McNair 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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