NOT LISTED FOR SALE

163 Webster Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $951,000 - $1,327,000

4 Beds
2 Baths
-- Sq Ft
0.57 Acres

Last Sold June 02, 2022

Last sale price $955,000

Est. 19% increase in value since last sale

Current estimated payment $7,481/month

79 Days on Market

Highlights

  • Living Room
  • Baseboard Heating
  • 4-minute walk to Riverview-Fisk Park
  • Dr Ronald McNair High School Rated A+

About This Home

As of June 2022

Beautiful and spacious detached two-family home with parking situated in the highly sought Riverview Arts District.Featuring two renovated units with exceptionally generous proportions.Home provides new owners with flexibility; can be used as an investment property with impressive income generation or simply a wonderful new home with a rental unit.The property has undergone a complete renovation.The first floor features two bedrooms, bathroom, high ceilings, beautiful hardwood floors throughout, eat-in kitchen, stainless steel appliances, an expansive outdoor space with sizable garden.The second floor features two bedrooms (one used as an office or nursery) bathroom, a dining area, eat-in kitchen and large terrace with sunset views.A finished basement with incredible storage and washer/dryer.Located in one of the most convenient locations in The Heights just a short distance to bus and light rail commuting options, Riverview-Fisk Park's Iconic NYC views, farmer's market, coffee shops, restaurants, community gardens, and more!

Last Agent to Sell the Property

Sebastian Oliveri

PREMIER BROKERS REAL ESTATE LLC License #9910778 Listed on: 02/01/2022

Last Buyer's Agent

Richard Woodhull

BROWN HARRIS STEVENS NEW JERSEY License #1859721

BROWN HARRIS STEVENS NEW JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,225

Lot Details

  • Lot Dimensions are 25x100

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 00008 / 03804
  • Assessor Parcel Number 51675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,225

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 51675
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 4
  • Basement: Finished
  • Total Living Rooms: 2
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 1 Car

Utilities

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

Lot Info

  • Geo Address Line: 163 Webster Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00008
  • Lot Size: 25x100

Tax Info

  • Taxes: 11225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 13, 2022
Sold by
Louis Somma Frank
Bought by
Knesel Orit
Seller's Agent
Sebastian Oliveri
PREMIER BROKERS REAL ESTATE LLC
Buyer's Agent
Richard Woodhull
BROWN HARRIS STEVENS NEW JERSEY
List Price
$965,000
Sold Price
$955,000
Premium/Discount to List
-$10,000
-1.04%
Current Estimated Value
$1,134,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,232
Avg. Annual Appreciation
5.08%
Original Mortgage
$765,000
Outstanding Balance
$710,949
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$423,283

Purchase Details

Closed on
Nov 19, 2019
Sold by
Kaplan Michael and Somma Frank L
Bought by
Somma Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.75%

Purchase Details

Listed on
Jun 16, 2016
Closed on
Oct 11, 2016
Sold by
Caramberis James
Bought by
Kaplan Michael
Seller's Agent
KIM CHING
LIBERTY REALTY LLC
Buyer's Agent
KIM CHING
LIBERTY REALTY LLC
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Dec 22, 2015
Closed on
Jun 1, 2016
Sold by
Santos Cristina and Burneo Cristina Santos
Bought by
Carambers James
Seller's Agent
David Cordova
REMAX SELECT
Buyer's Agent
KIM CHING
LIBERTY REALTY LLC
List Price
$349,000
Sold Price
$370,000
Premium/Discount to List
$21,000
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.57%

Purchase Details

Listed on
Dec 22, 2015
Closed on
May 19, 2016
Sold by
Santos Cristina and Burneo Cristina Santos
Bought by
Carambers James
Seller's Agent
David Cordova
REMAX SELECT
Buyer's Agent
KIM CHING
LIBERTY REALTY LLC
List Price
$349,000
Sold Price
$370,000
Premium/Discount to List
$21,000
6.02%

Purchase Details

Closed on
May 25, 2005
Sold by
Fernandez Sonia
Bought by
Burneo Walter and Burneo Fausto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2004
Sold by
Morales Juan B and Morales Maria
Bought by
Fernandez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Morales Juan and Morales Maria
Bought by
Morales Maria

Purchase Details

Closed on
May 8, 2000
Sold by
Bernabe Juan
Bought by
Morales Juan B and Morales Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,493
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1999
Sold by
Hud
Bought by
Bernabe Juan

Purchase Details

Closed on
Dec 14, 1998
Sold by
Hernandez Hector L and Rivera Santa
Bought by
Hud
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
Knesel Orit $955,000 Old Republic Title
Somma Frank L $820,000 --
Kaplan Michael $515,000 First Bergen Title Agency Ll
Carambers James -- None Available
Carambers James -- None Available
Burneo Walter $395,000 Chicago Title Insurance Co
Fernandez Sonia $297,000 Chicago Title Insurance Co
Morales Maria -- --
Morales Juan B $182,000 --
Bernabe Juan $102,222 --
Hud -- --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knesel Orit $765,000
Previous Owner Somma Frank L --
Previous Owner Burneo Walter $79,000
Previous Owner Burneo Walter $316,000
Previous Owner Fernandez Sonia $282,150
Previous Owner Morales Juan B $181,493
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2022 06/02/22 Sold $955,000 -1.0% --
04/21/2022 04/21/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $965,000 0.0% --
02/15/2022 02/15/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $965,000 +87.4% --
10/11/2016 10/11/16 Sold $515,000 -10.4% -- View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $575,000 +55.4% --
05/19/2016 05/19/16 Sold $370,000 +6.0% -- View Prior Sale
01/01/2016 01/01/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $349,000 -- --
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 $18,034 $807,600 $250,000 $557,600
2024 $15,725 $807,600 $250,000 $557,600
2023 $15,725 $699,800 $250,000 $449,800
2022 $14,822 $699,800 $250,000 $449,800
2021 $11,225 $699,800 $250,000 $449,800
2020 $8,015 $497,800 $250,000 $247,800
2019 $7,666 $497,800 $250,000 $247,800
2018 $1,786 $497,800 $250,000 $247,800
2017 $9,360 $120,000 $20,000 $100,000
2016 $9,241 $120,000 $20,000 $100,000
2015 $8,921 $139,000 $20,000 $119,000
2014 $10,333 $139,000 $20,000 $119,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sebastian Oliveri

    PREMIER BROKERS REAL ESTATE LLC

    (201) 232-7445

    1 in this area

    25 Total Sales

    Sebastian Oliveri
    Section Image
  • Richard Woodhull

    Buyer's Agent in 2022

    Richard Woodhull

    BROWN HARRIS STEVENS NEW JERSEY

    (551) 655-4130

    14 in this area

    38 Total Sales

    Richard Woodhull
    Section Image
  • Peter Cossio

    Buyer Co-Listing Agent in 2022

    Peter Cossio

    BROWN HARRIS STEVENS NEW JERSEY

    (917) 885-5817

    20 in this area

    221 Total Sales

    Peter Cossio
    Section Image

  • K

    Seller's Agent in 2016

    KIM CHING

    LIBERTY REALTY LLC

  • David Cordova

    Seller's Agent in 2016

    David Cordova

    RE/MAX

    (201) 233-9464

    24 Total Sales

    David Cordova
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220001893

Hudson County MLS

APN: 06-03804-0000-00008

New Jersey Hudson County Jersey City 07307 The Heights

163 Webster Ave, Jersey City, NJ

Not Listed for Sale

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Information is deemed reliable but not guaranteed.

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