NOT LISTED FOR SALE

140 Morris St Jersey City, NJ 07302

The Waterfront Neighborhood

Estimated Value: $1,999,000 - $2,070,404

8 Beds
5 Baths
-- Sq Ft
2,526 Sq Ft Lot

Last Sold March 02, 2021

Last sale price $1,600,000

Est. 27% increase in value since last sale

Current estimated payment $15,589/month

107 Days on Market

Highlights

  • 3 Car Attached Garage
  • 3-minute walk to Marin Boulevard
  • Living Room
  • Cornelia F. Bradford School Rated A-
  • Tandem Parking
  • 4-minute walk to Paulus Hook Park

About This Home

As of March 2021

***THIS IS A RARE OPPORTUNITY TO BUY ONE OR TWO 2-FAMILY HOMES, 25X100 ADJACENT LOTS IN THE PAULUS HOOK SECTION OF JERSEY CITY(140-142 Morris St.)***Each lot offers an existing two family home with garage parking for multiple cars. The properties are fully rented with great rental income. Collect the rents while you wait for your approvals. The possibilities are endless, keep them as investment properties, build your dream home or even develop the land. It is hard to find a better location in Jersey City with this much potential. Don't miss out on this one!

Last Agent to Sell the Property

Jeremy Canizares

LIBERTY REALTY LLC License #0451641 Listed on: 07/29/2020

LIBERTY REALTY LLC

Last Buyer's Agent

Soha Fontaine

REMAX ON THE HUDSON

REMAX ON THE HUDSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,197

Lot Details

  • 2,526

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Tandem Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: TENANTS PROPERTY
  • Assessor Parcel Number 50451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,197

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Exclusions: TENANTS PROPERTY
  • Inclusions: ALL APPLIANCES AND WINDOW TREATMENTS AS SHOWN.
  • Section: Downtown
  • Assessor Parcel Number: 50451
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 8
  • Total Living Rooms: 3
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 1 Car, 2 Cars, 3+ Cars, Attached, Covered, Garage, Tandem-Private, Tandem-Shared

Utilities

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

Lot Info

  • Geo Address Line: 140 Morris St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95

Tax Info

  • Taxes: 24197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Mar 2, 2021
Sold by
Len & Regina Watkins Llc
Bought by
Vazirani Amit and Vazirani Reema
Seller's Agent
Jeremy Canizares
LIBERTY REALTY LLC
Buyer's Agent
Soha Fontaine
REMAX ON THE HUDSON
List Price
$1,625,000
Sold Price
$1,600,000
Premium/Discount to List
-$25,000
-1.54%
Current Estimated Value
$2,028,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,468
Avg. Annual Appreciation
5.12%
Original Mortgage
$1,120,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2010
Sold by
Watkins Leonard and Watkins Regina
Bought by
Len And Regina Watkins Llc

Purchase Details

Closed on
Sep 4, 1997
Sold by
C & N Realty Llc
Bought by
Watkins Leonard and Watkins Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vazirani Amit $1,600,000 Surety Ttl Agcy Coastal Regi
Len And Regina Watkins Llc -- --
Watkins Leonard $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazirani Amit $1,120,000
Previous Owner Watkins Leonard $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $1,600,000 -1.5% --
11/13/2020 11/13/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,625,000 -- --
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 $58,891 $2,637,300 $973,800 $1,663,500
2024 $37,154 $2,637,300 $973,800 $1,663,500
2023 $37,154 $1,653,500 $973,800 $679,700
2022 $33,278 $1,571,200 $973,800 $597,400
2021 $25,202 $1,571,200 $973,800 $597,400
2020 $25,296 $1,571,200 $973,800 $597,400
2019 $24,196 $1,571,200 $973,800 $597,400
2018 $3,791 $1,571,200 $973,800 $597,400
2017 $19,874 $254,800 $24,800 $230,000
2016 $19,622 $254,800 $24,800 $230,000
2015 $19,064 $254,800 $24,800 $230,000
2014 $18,942 $254,800 $24,800 $230,000
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Canizares

    Seller's Agent in 2021

    Jeremy Canizares

    LIBERTY REALTY LLC

    (201) 736-5315

    2 in this area

    42 Total Sales

    Jeremy Canizares
    Section Image

  • S

    Buyer's Agent in 2021

    Soha Fontaine

    RE/MAX

    Section Image
  • James Cahill

    Buyer Co-Listing Agent in 2021

    James Cahill

    KELLER WILLIAMS CITY LIFE JC REALTY

    (917) 771-9574

    3 in this area

    40 Total Sales

    James Cahill
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    SOPHIA BROOKS-BRUNNER

    Weichert Corporate

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Map

Source: Hudson County MLS

MLS Number: 202015638

Hudson County MLS

APN: 06-14203-0000-00027

New Jersey Hudson County Jersey City 07302 The Waterfront

140 Morris St, Jersey City, NJ

Not Listed for Sale

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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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