NOT LISTED FOR SALE

Estimated Value: $812,000 - $967,000

3 Beds
3 Baths
-- Sq Ft
1,699 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $835,000

Est. 8% increase in value since last sale

Current estimated payment $5,901/month

47 Days on Market

Highlights

  • Rowhouse Architecture
  • Liberty High School Rated A-
  • Living Room

About This Home

As of July 2022

PRIME investment opportunity to own a fully renovated 3-family in the heart of Jersey City Heights! This income-producing property consists of 3 spacious 1 bedroom apartments that were taken down to the studs, with all new electrical and mini-split HVAC units. Each apartment features stunning modern kitchens with stainless steel appliances including dishwashers, quartz counters, and subway tile. Other features include modern subway tiled baths, hardwood floors, spacious closets, and tons of natural light. Shared laundry in the basement, as well as additional storage space. Massive private backyard oasis is every renter's dream! Roof was replaced 10 years ago and is in excellent shape. Water heater replaced in 2016, boiler replaced in 2015. Underground oil tank is active with no issues, and only heats the common areas-- can easily be converted to gas. Convert to condos or maintain cash flow with minimal maintenance and monthly expenses (taxes only $7k!). Fully occupied- Units 2 & 3 are month-to-month; Unit 1 lease ending 1/31/23. Prime location, just one block to Central Ave shopping district, steps to restaurants, cafes, and a 10 min walk to Riverview Fisk Park. Great commute into Manhattan either by port authority bus or Congress St Lightrail/Hoboken Elevator. Don't miss this amazing investment opportunity!

Last Agent to Sell the Property

Janis Borroto

COLDWELL BANKER License #1434767 Listed on: 03/11/2022

Last Buyer's Agent

Janis Borroto

COLDWELL BANKER License #1434767 Listed on: 03/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,058

Lot Details

  • 1,699

Home Design

  • Rowhouse Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Lot Dimensions are 16.8x100
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $1,700
  • Utility Expense $87
  • Water Sewer Expense $1,391

Listing and Financial Details

  • Exclusions: Tenant's personal belongings
  • Legal Lot and Block 31 / 2704
  • Assessor Parcel Number 15575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,058

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Row House
  • Exclusions: Tenant's personal belongings
  • Inclusions: All installed appliances & fixtures
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 15575
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1700
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1750
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Wall
  • Utility Expenses: 87

Fee Information

  • Insurance Expense: 1700
  • Other Expense: 12612
  • Water Sewer Expenses: 1391

Lot Info

  • Geo Address Line: 200 Bowers St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 31
  • Lot Size: 16.8x100

Tax Info

  • Year: 20
  • Taxes: 7058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jul 1, 2022
Sold by
Kruvant Matthew and Kruvant Eric
Bought by
Gamini Srikrishna and Gamini Lakshmi
Seller's Agent
Janis Borroto
COLDWELL BANKER
Buyer's Agent
Janis Borroto
COLDWELL BANKER
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Current Estimated Value
$903,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,096
Avg. Annual Appreciation
2.40%
Original Mortgage
$584,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jun 8, 2015
Sold by
Kozlowski Paul
Bought by
Kruvant Matthew and Kruvant Eric
Seller's Agent
Greg Chisholm
UNITED REAL ESTATE OF NORTH JERSEY
Buyer's Agent
Janis Borroto
COLDWELL BANKER
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$210,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1999
Sold by
Kozlowski Josephine
Bought by
Kozlowski Leon J
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
Gamini Srikrishna $835,000 Old Republic National Title
Kruvant Matthew $350,000 Main Street Title & Settleme
Kozlowski Leon J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamini Srikrishna $584,500
Previous Owner Kruvant Matthew $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $835,000 -7.1% --
04/27/2022 04/27/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $899,000 +156.9% --
06/08/2015 06/08/15 Sold $350,000 0.0% -- View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $349,900 -- --
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 $14,090 $631,000 $185,000 $446,000
2024 $9,851 $631,000 $185,000 $446,000
2023 $9,851 $438,400 $185,000 $253,400
2022 $9,285 $438,400 $185,000 $253,400
2021 $7,032 $438,400 $185,000 $253,400
2020 $7,058 $438,400 $185,000 $253,400
2019 $6,751 $438,400 $185,000 $253,400
2018 $2,039 $438,400 $185,000 $253,400
2017 $10,686 $137,000 $12,800 $124,200
2016 $10,550 $137,000 $12,800 $124,200
2015 $10,250 $137,000 $12,800 $124,200
2014 $10,185 $137,000 $12,800 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220004248

Hudson County MLS

APN: 06-02704-0000-00031