NOT LISTED FOR SALE

Estimated Value: $536,000 - $2,156,000

8 Beds
6.5 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $1,600,000

Est. 6% decrease in value since last sale

Current estimated payment $10,097/month

17 Days on Market

Highlights

  • Living Room
  • Central Air
  • Dining Room
  • Dr Ronald McNair High School Rated A+

About This Home

As of August 2023

Presenting a truly remarkable 2-family sale, this listing offers the perfect combination of luxury living and investment potential. Built by the renowned Mikov Group, this property comprises a top unit and a bottom unit, both boasting exquisite features and spacious living. The top unit, a luxurious 4-bedroom, 3.5bathroom condo, showcases the epitome of opulence. With soaring high 10 ft ceilings, expansive living and dining rooms, and an impressive quartz kitchen island, this unit exudes grandeur. Enjoy the abundance of natural light streaming through the enormous Anderson series windows and indulge in the three levels of private outdoor space, including a patio off one of the two master bedrooms. With top-of-the-line appliances, surround sound, and oak flooring, this unit offers a luxurious lifestyle. The bottom unit, a sprawling duplex, offers over 2500 sq ft of living space, including 5 rooms and 3 full bathrooms. Crafted with meticulous attention to detail, this unit features high ceilings, an exquisite kitchen with a large quartz island, and a bonus rec room that opens up to a massive backyard with pavers. With its spacious layout and thoughtfully designed spaces, this unit presents a perfect blend of style and functionality. This 2-family sale is ideal for owner occupant buyers looking for a luxurious residence while generating rental income from the second unit. It also appeals to investors seeking a high-end property with great rental potential in a desirable location. Conveniently located just two blocks away from Lincoln Park and within walking distance to the West Bergen Light Rail, this property offers easy access to recreational amenities and seamless commuting into downtown NYC in under 35 minutes. Embrace the opportunity to own this exceptional 2-family property, where luxury living meets investment potential. Don't miss your chance to make this extraordinary property your own.

Last Agent to Sell the Property

Jamie Moreng

EXP REALTY LLC License #1221633 Listed on: 06/13/2023

EXP REALTY LLC

Last Buyer's Agent

Jamie Moreng

EXP REALTY LLC License #1221633 Listed on: 06/13/2023

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,822

Lot Details

  • 2,483

Parking

  • 2 Parking Spaces

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Finished Basement
  • 2 Bedrooms in Basement

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 30860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,822

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Section: West Bergen
  • Assessor Parcel Number: 30860
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Total Bedrooms: 8
  • Total Other Rooms: 3
  • Basement: Finished
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Basement Bedrooms: 2
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 5,500 Proj
  • Second Floor Bedrooms: 1
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor 2 Half Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 5,800
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 2
  • Floor3 Other: 2
  • Fl1 Rooms: 5
  • Fl2 Rooms: 4
  • Fl3 Rooms: 3

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: A/C Central, Hot Air

Lot Info

  • Geo Address Line: 170 Lexington Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/13/2023
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 16, 2023
Sold by
Ocean Developer Group Llc
Bought by
Kariuki Rebecca and Kariuki Naomi
Seller's Agent
Jamie Moreng
EXP REALTY LLC
Buyer's Agent
Jamie Moreng
EXP REALTY LLC
List Price
$1,649,000
Sold Price
$1,600,000
Premium/Discount to List
-$49,000
-2.97%
Views
105
Current Estimated Value
$1,506,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,057
Avg. Annual Appreciation
-2.85%
Original Mortgage
$1,304,943
Outstanding Balance
$1,276,954
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$229,989

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 20, 2021
Sold by
Newman Deborah
Bought by
Ocean Developer Group Llc
Seller's Agent
MARY KELLIHER
COLDWELL BANKER REAL ESTATE SERVICES LLC
Buyer's Agent
MARY KELLIHER
COLDWELL BANKER REAL ESTATE SERVICES LLC
List Price
$339,000
Sold Price
$294,000
Premium/Discount to List
-$45,000
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.67%

Purchase Details

Closed on
Jan 18, 1982
Bought by
Newman Dennis and Newman Deborah
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
Kariuki Rebecca $1,600,000 Surety Title
Kariuki Rebecca $1,600,000 Surety Title
Ocean Developer Group Llc $294,000 Foundation Title Llc
Newman Dennis $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kariuki Rebecca $1,304,943
Closed Kariuki Rebecca $1,304,943
Previous Owner Ocean Developer Group Llc $550,000
Previous Owner Newman Dennis M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $1,600,000 +0.1% --
06/30/2023 06/30/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $1,599,000 -3.0% --
06/13/2023 06/13/23 For Sale $1,649,000 +460.9% --
09/22/2021 09/22/21 Sold $294,000 -13.3% $224 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $339,000 -- $258 / 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
2025 $24,822 $1,111,600 $414,600 $995,700
2024 $22,668 $1,111,600 $414,600 $995,700
2023 $22,668 $1,008,800 $330,000 $678,800
2022 $5,333 $251,800 $110,000 $141,800
2021 $4,039 $251,800 $110,000 $141,800
2020 $4,054 $251,800 $110,000 $141,800
2019 $3,878 $251,800 $110,000 $141,800
2018 $1,265 $251,800 $110,000 $141,800
2017 $6,630 $85,000 $15,000 $70,000
2016 $6,546 $85,000 $15,000 $70,000
2015 $6,110 $85,000 $15,000 $70,000
2014 $6,069 $85,000 $15,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230009811

Hudson County MLS

APN: 06-19201-0000-00068