NOT LISTED FOR SALE

Estimated Value: $638,000 - $690,995

5 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold February 15, 2022

Last sale price $525,000

Est. 26% increase in value since last sale

Current estimated payment $4,504/month

37 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Heating System Uses Steam

About This Home

As of February 2022

Great opportunity for expansion in this oversized 2 family corner property with tons of light, 2 car free standing garage offers the owner additional income and or off street parking. Perfect for the owner occupant or investor. Agent Remarks: Tenant Occupied - 24 HOUR NOTICE IS REQUIRED

Last Agent to Sell the Property

Jeffrey Kist

EXP REALTY LLC License #1327494 Listed on: 07/21/2021

EXP REALTY LLC

Last Buyer's Agent

Tina Zhen-Paradiso

KELLER WILLIAMS CITY LIFE REALTY License #2080327

KELLER WILLIAMS CITY LIFE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,626

Lot Details

  • 2,483

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam

Listing and Financial Details

  • Legal Lot and Block 6 / 241
  • Assessor Parcel Number 7948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,626

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 7948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 5
  • Total Living Rooms: 2
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1300
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1500

Exterior Features

  • Exterior Finish: Brick

Utilities

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

Lot Info

  • Geo Address Line: 17 E 16th St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Lot: 6

Tax Info

  • Taxes: 11626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Jan 20, 2022
Sold by
Palomino and Eileen
Bought by
Xue Hong Bing
Seller's Agent
Jeffrey Kist
EXP REALTY LLC
Buyer's Agent
Tina Zhen-Paradiso
KELLER WILLIAMS CITY LIFE REALTY
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$662,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,999
Avg. Annual Appreciation
6.09%
Original Mortgage
$400,000
Outstanding Balance
$368,559
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$294,440

Purchase Details

Closed on
Mar 15, 2007
Sold by
Fargano Thomas E
Bought by
Palomino David and Palomino Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,588
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1994
Sold by
Latella Valerie
Bought by
Fargano Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.49%
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
Xue Hong Bing $525,000 Wfg National Title
Palomino David $415,000 First American Title Ins Co
Fargano Thomas $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xue Hong Bing $400,000
Previous Owner Palomino David $408,588
Previous Owner Fargano Thomas $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $525,000 -4.5% --
08/27/2021 08/27/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $549,900 -- --
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 $12,697 $454,100 $165,000 $289,100
2024 $12,184 $454,100 $165,000 $289,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210019581

Hudson County MLS

APN: 01-00241-0000-00006