NOT LISTED FOR SALE

Estimated Value: $843,008 - $1,115,000

8 Beds
4 Baths
2,852 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $769,000 $270 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,312/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Baseboard Heating

About This Home

As of April 2022

Desirable 4 Family income producing investment properties like 17-19 Chase Court, Bayonne makes the perfect acquisition for the ROI hungry investor. Located on a quiet, dead end street this solid red brick property screams $50k in net income while boasting a 6.6% cap rate. Each unit includes 2 bedrooms and 1 bath, separated utilities including 4 new boilers, 4 water heaters, 4 electric meters, new roof, new windows, and separated basements. You can't ignore its coin operated laundry room which consistently adds a modest chunk of change towards its operating expenses. You'll also get mostly renovated apartments that come with hardwood floors, granite countertops, stainless steel appliances, balconies, and more! Tenants pay on time, and also enjoy their own private storage room. Near parks, major highways, schools, public transportation, and the Bayonne Crossing Shopping Center. This attractive turnkey investment property has wonderful upside potential and is fairly easy to own. Need to close by the end of the year or soon after? Then don't deny yourself this opportunity, and book your safe and easy showing today!

Last Agent to Sell the Property

Tarek Hassieb

LIBERTY REALTY LLC License #1648869 Listed on: 12/06/2021

LIBERTY REALTY LLC

Last Buyer's Agent

Tarek Hassieb

LIBERTY REALTY LLC License #1648869 Listed on: 12/06/2021

LIBERTY REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,588

Year Built

  • 1920

Lot Details

  • 3,833

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Utilities

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

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00012 / 00247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,588

Year Built

1920

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Contemporary
  • Exclusions: All personal property
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Basement Type: Full, Partial Finish
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 8
  • Total Other Rooms: 2
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • Basement Other Rooms: 2
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1400
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1165
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1500
  • Fourth Floor Bedrooms: 2
  • Floor 4 Full Bathrooms: 1
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Rent: 1500
  • Fl1 Rooms: 4
  • Fl2 Rooms: 4
  • Fl3 Rooms: 4
  • Fl4 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: 17 Chase Ct # 19
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Update Timestamp: 12/07/2021
  • Geo Zoom Level: 16
  • Lot: 00012
  • Lot Size: 50.99 x 90IRR

Tax Info

  • Year: 2021
  • Taxes: 15588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Apr 8, 2022
Sold by
Jordan Kokkoris
Bought by
Tamid Realty Llc
Seller's Agent
Tarek Hassieb
LIBERTY REALTY LLC
Buyer's Agent
Tarek Hassieb
LIBERTY REALTY LLC
List Price
$759,000
Sold Price
$769,000
Premium/Discount to List
$10,000
1.32%
Total Days on Market
17
Current Estimated Value
$938,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,002
Avg. Annual Appreciation
4.60%

Purchase Details

Listed on
Nov 26, 2013
Closed on
Jun 9, 2014
Sold by
Us Masters Residential Property Fund
Bought by
Kokkoris Sofia and Kokkoris Jordan
Seller's Agent
EZEQUIEL ORTIZ
ATLAS HOMES REALTY
Buyer's Agent
Kathleen Hartye
PRESTIGE PROPERTIES
List Price
$359,000
Sold Price
$335,000
Premium/Discount to List
-$24,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$243,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2013
Sold by
600 Investment Llc
Bought by
Us Masters Residential Propety Usa Fund

Purchase Details

Closed on
Jan 27, 2009
Sold by
Paczkowski Olga and Paczkowski Eve
Bought by
600 Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Tamid Realty Llc $769,000 Westcor Land Title
Kokkoris Sofia $335,000 Alta
Us Masters Residential Propety Usa Fund $280,000 Chicago Title Insurance Comp
600 Investment Llc $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kokkoris Sofia $243,750
Previous Owner 600 Investment Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $769,000 0.0% $270 / Sq Ft
02/03/2022 02/03/22 Off Market $769,000 -- --
12/23/2021 12/23/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $759,000 +126.6% $266 / Sq Ft
06/13/2014 06/13/14 Sold $335,000 -6.7% $117 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $359,000 -- $126 / 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
2024 $16,012 $596,800 $185,000 $411,800
2023 $16,012 $596,800 $185,000 $411,800
2022 $15,714 $596,800 $185,000 $411,800
2021 $15,588 $596,800 $185,000 $411,800
2020 $15,314 $596,800 $185,000 $411,800
2019 $12,686 $147,000 $58,300 $88,700
2018 $12,433 $147,000 $58,300 $88,700
2017 $12,111 $147,000 $58,300 $88,700
2016 $11,664 $147,000 $58,300 $88,700
2015 $11,281 $147,000 $58,300 $88,700
2014 $12,657 $170,000 $58,300 $111,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210026729

Hudson County MLS

APN: 01-00247-0000-00012