NOT LISTED FOR SALE

Estimated Value: $700,000 - $1,587,976

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

Last Sold June 15, 2021

Last sale price $1,250,000

Est. 2% increase in value since last sale

Current estimated payment $8,562/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Baseboard Heating
  • Liberty High School Rated A-
  • Dining Room

About This Home

As of June 2021

This spacious four family sits on a full 25x100 lot in the desirable Jersey City Heights. Fully gut renovated in 2020 with separate utilities including on demand tankless hot water. All units boast contemporary two tone kitchens with quarts countertops and high end stainless steel appliances. All bathrooms feature modern gray and white design with stone countertops. Unit 1L is a 2 bed 1 bath with private backyard and private washer dryer. Unit 1R is a duplex 2 bed plus den 2 bath with private backyard and private washer dryer. Unit 2L and 2R are 2 bed 1 bath with skylights and shared washer dryer. Fully occupied for an incredible 6.3% CAP rate and 8.58% ROI, see financial doc enclosed.

Last Agent to Sell the Property

Adam Bickoff

COMPASS NEW JERSEY, LLC License #0345573 Listed on: 04/06/2021

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Paul K. Bryant

COLDWELL BANKER License #0793162

COLDWELL BANKER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,795

Lot Details

  • Lot Dimensions are 25'x100'

Home Design

  • Contemporary Architecture
  • Victorian Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Utilities

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

Listing and Financial Details

  • Exclusions: All personal property excluded.
  • Legal Lot and Block 00033 / 01402
  • Assessor Parcel Number 16124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,795

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Contemporary, Victorian
  • Exclusions: All personal property excluded.
  • Inclusions: All appliances.
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 16124
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Partial Finish, Walk-Out
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 8
  • Total Living Rooms: 4
  • Basement Bedrooms: 1
  • Basement Full Bathrooms: 1
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor 1 Living Rooms: 2
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 2
  • Floor 2 Living Rooms: 2

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

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

Lot Info

  • Geo Address Line: 190 Congress St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00033
  • Lot Size: 25'x100'

Tax Info

  • Year: 2020
  • Taxes: 9795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 16, 2021
Sold by
Gentre 1 Llc
Bought by
Mamtani Rakhee and Dash Abhisek
Seller's Agent
Adam Bickoff
COMPASS NEW JERSEY, LLC
Buyer's Agent
Paul K. Bryant
COLDWELL BANKER
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Current Estimated Value
$1,272,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,494
Avg. Annual Appreciation
0.40%
Original Mortgage
$937,500
Outstanding Balance
$848,789
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$423,705

Purchase Details

Listed on
Aug 10, 2016
Closed on
Jan 27, 2017
Sold by
190 Congress Llc
Bought by
Centre 1 Llc
Seller's Agent
RISHI PATEL
REALTY MARK CENTRAL
Buyer's Agent
Adam Bickoff
COMPASS NEW JERSEY, LLC
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%

Purchase Details

Closed on
Aug 3, 2016
Sold by
Patel Ishverial J and Patel Parvati J
Bought by
180 Congress Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1987
Bought by
Patel Ishverlal and Patel Parvati
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mamtani Rakhee $1,250,000 Fortune Title Agency
Mamtani Rakhee $1,250,000 Fidelity National Title
Centre 1 Llc $610,000 Stewart Title Guaranty Co
180 Congress Llc $400,000 Hudson Realty Abstract Co
Patel Ishverlal $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mamtani Rakhee $937,500
Closed Mamtani Rakhee $937,500
Previous Owner 180 Congress Llc $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2021 06/15/21 Sold $1,250,000 +4.2% --
05/19/2021 05/19/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $1,200,000 +96.7% --
01/27/2017 01/27/17 Sold $610,000 +1.8% -- View Prior Sale
10/14/2016 10/14/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $599,000 -- --
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 $22,276 $997,600 $225,000 $772,600
2024 $22,416 $997,600 $225,000 $772,600
2023 $22,416 $997,600 $225,000 $772,600
2022 $21,129 $997,600 $225,000 $772,600
2021 $16,002 $997,600 $225,000 $772,600
2020 $9,795 $608,400 $225,000 $383,400
2019 $9,369 $608,400 $225,000 $383,400
2018 $1,433 $608,400 $225,000 $383,400
2017 $7,511 $96,300 $20,000 $76,300
2016 $7,416 $96,300 $20,000 $76,300
2015 $7,205 $96,300 $20,000 $76,300
2014 $7,159 $96,300 $20,000 $76,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210008009

Hudson County MLS

APN: 06-01402-0000-00033