NOT LISTED FOR SALE

Estimated Value: $983,000 - $1,195,000

7 Beds
3 Baths
-- Sq Ft
1,568 Sq Ft Lot

Last Sold December 19, 2023

Last sale price $999,000

Est. 9% increase in value since last sale

Current estimated payment $7,297/month

19 Days on Market

Highlights

  • Rowhouse Architecture
  • Living Room
  • 5-minute walk to Janet Moore Park
  • Dr Ronald McNair High School Rated A+
  • Baseboard Heating

About This Home

As of December 2023

Turnkey Investment property on prominent corner on the Eastside of Jersey City Heights. Located at the South East corner of New York Ave and Franklin Street. Close proximity to Palisade Avenue retail row, Farmers markets at Riverview Fisk Park, NYC bus transportation, Hoboken and Journal Square. Property is two separate three family homes being sold as a package, providing the benefit of six total units plus driveway parking in one location, while also staying outside of rent control requirement, and qualifying for residential loan limits. Units all feature recently upgraded separate utilities, renovated kitchens and bathrooms, hardwood floors, exposed brick, and replaced windows. All units are paying market rent and are on annual leases providing a 5.7% CAP Rate. Rarely does this location, this feature, and this cap rate come available. Please review the enclosed financial and come view it right away.

Last Agent to Sell the Property

Adam Bickoff

COMPASS NEW JERSEY, LLC License #0345573 Listed on: 10/04/2023

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,774

Lot Details

  • Lot Dimensions are 25x62

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms

Utilities

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

Listing and Financial Details

  • Exclusions: All personal property excluded.
  • Legal Lot and Block 00015 / 04504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,774

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Row House, Multi-Level
  • Exclusions: All personal property excluded.
  • Inclusions: All appliances.
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 7
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 3
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: $2,800
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: $2,025
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: $2,025
  • Fl1 Rooms: 5
  • Fl2 Rooms: 4
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: None

Utilities

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

Lot Info

  • Geo Address Line: 156 New York Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 10/04/2023
  • Geo Zoom Level: 16
  • Lot: 00015
  • Lot Size: 25x62

Tax Info

  • Year: 2022
  • Taxes: 15774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 22, 2023
Sold by
156 New York Ave Llc
Bought by
Muresanu Mircea
Seller's Agent
Adam Bickoff
COMPASS NEW JERSEY, LLC
List Price
$999,000
Sold Price
$999,000
Views
61
Current Estimated Value
$1,093,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,201
Avg. Annual Appreciation
5.41%
Original Mortgage
$658,000
Outstanding Balance
$647,206
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$445,995

Purchase Details

Closed on
Oct 20, 2017
Sold by
Capozzoli Dante Angelo and Quintana Digna Mariela
Bought by
156 New York Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2016
Sold by
Carey Anna and Diven Colleen
Bought by
146 New York Avenue Llc

Purchase Details

Closed on
Nov 25, 2003
Sold by
New York Avenue Realty Corp
Bought by
Capozzoli Dante Angelo

Purchase Details

Closed on
Aug 19, 2002
Sold by
Hasaj Andrew G and Hasaj Beata E
Bought by
New York Avenue Realty Corp

Purchase Details

Closed on
Apr 18, 2002
Sold by
Yarleque Pedro D and Yarleque Blanca M
Bought by
Hasaj Andrew G and Hasaj Beata E

Purchase Details

Closed on
Mar 16, 2001
Sold by
Yarleque Blanca I
Bought by
Yarleque Pedro D and Yarleque Blanca M
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
Muresanu Mircea $999,000 Fortune Title
Muresanu Mircea $999,000 Fortune Title
156 New York Ave Llc $760,000 None Available
156 New York Ave Llc $760,000 None Available
146 New York Avenue Llc $369,000 None Available
146 New York Avenue Llc $369,000 None Available
Capozzoli Dante Angelo $330,000 --
Capozzoli Dante Angelo $330,000 --
New York Avenue Realty Corp -- --
New York Avenue Realty Corp -- --
Hasaj Andrew G $214,000 --
Hasaj Andrew G $214,000 --
Yarleque Pedro D -- --
Yarleque Pedro D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muresanu Mircea $658,000
Previous Owner 156 New York Ave Llc $570,000
Previous Owner Capozzoli Dante A $150,000
Previous Owner Capozzoli Dante $120,000
Previous Owner Capozzoli Dante $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $999,000 0.0% --
10/23/2023 10/23/23 Pending -- -- --
10/04/2023 10/04/23 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
2025 $16,631 $744,800 $212,600 $532,200
2024 $16,736 $744,800 $212,600 $532,200
2023 $16,736 $744,800 $212,600 $532,200
2022 $15,775 $744,800 $212,600 $532,200
2021 $11,947 $744,800 $212,600 $532,200
2020 $11,991 $744,800 $212,600 $532,200
2019 $11,470 $744,800 $212,600 $532,200
2018 $1,414 $744,800 $212,600 $532,200
2017 $7,410 $95,000 $16,200 $78,800
2016 $7,316 $95,000 $16,200 $78,800
2015 $7,108 $95,000 $16,200 $78,800
2014 $7,062 $95,000 $16,200 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230016666

Hudson County MLS

APN: 06-04504-0000-00015