NOT LISTED FOR SALE

216 Kearny Ave Kearny, NJ 07032

Estimated Value: $784,223

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold August 09, 2024

Last sale price $780,000

Est. 1% increase in value since last sale

Current estimated payment $5,076/month

29 Days on Market

About This Home

As of August 2024

Nestled on the vibrant main street of Kearny, this property offers unparalleled visibility and accessibility in the heart of the community. This versatile property encompasses a blend of commercial and residential spaces, offering a unique investment opportunity. With one commercial unit and three well-maintained residential apartments. All four rental units are currently leased, providing a steady and reliable income stream. Property is located 6 minutes from Harrison Path station, public transportation is right on the corner and it's close to shopping and West Hudson Park!

Last Agent to Sell the Property

Estrella Rosenberg

Compass New Jersey, LLC-Jersey City Listed on: 04/01/2024

Compass New Jersey, LLC-Jersey City

Last Buyer's Agent

Vanesa Bianchi

The Bixler Group, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,510

Lot Details

  • 2,483

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$9,510

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 627-4947
  • MLS Status: Sold - Sold
  • Directions: Boyd & Bergen
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat

Lot Info

  • Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jun 24, 2024
Sold by
Madrzyk Llc
Bought by
216 Kearny Avenue Llc
Seller's Agent
Estrella Rosenberg
Compass New Jersey, LLC-Jersey City
Buyer's Agent
Vanesa Bianchi
The Bixler Group, LLC
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Current Estimated Value
$784,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,223
Avg. Annual Appreciation
0.52%
Original Mortgage
$546,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2020
Sold by
Lin Li Juan and Wa Tai
Bought by
Sulic Arben and Sulic Drda

Purchase Details

Closed on
Jul 17, 2018
Sold by
Dacosta Arlete and Leite Elizabeth
Bought by
Madrzyk Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1998
Sold by
Corbo Gloria M and Corbo Lois R
Bought by
Dacosta Arlete and Leite Elizabeth

Purchase Details

Closed on
Aug 7, 1997
Sold by
Corbo Marie J
Bought by
Corbo Gloria M and Corbo Lois R
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
216 Kearny Avenue Llc $780,000 Stewart Title
Sulic Arben $675,000 Land Title
Madrzyk Llc $510,000 Multiple
Dacosta Arlete $240,000 --
Corbo Gloria M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 216 Kearny Avenue Llc $546,000
Previous Owner Madrzyk Llc $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $780,000 +4.0% --
04/30/2024 04/30/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $750,000 -- --
Source: New Jersey 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 $9,635 $90,000 $28,500 $61,500
2024 $9,510 $90,000 $28,500 $61,500
2023 $9,510 $90,000 $28,500 $61,500
2022 $9,488 $90,000 $28,500 $61,500
2021 $9,437 $90,000 $28,500 $61,500
2020 $9,441 $90,000 $28,500 $61,500
2019 $9,488 $90,000 $28,500 $61,500
2018 $9,505 $90,000 $28,500 $61,500
2017 $9,635 $90,000 $28,500 $61,500
2016 $9,602 $90,000 $28,500 $61,500
2015 $9,293 $90,000 $28,500 $61,500
2014 $9,032 $90,000 $28,500 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24009395

New Jersey MLS

APN: 07-00244-0000-00005