NOT LISTED FOR SALE

The Saffron 217 Newark Ave Unit 103 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $479,000 - $615,000

1 Bed
1 Bath
-- Sq Ft
0.48 Acres

Last Sold January 28, 2022

Last sale price $540,000

Est. 1% increase in value since last sale

Current estimated payment $3,706/month

Highlights

  • Property is near a park
  • Wood Flooring
  • Intercom
  • Dr Ronald McNair High School Rated A+
  • Terrace
  • 5-minute walk to Van Vorst Park

About This Home

As of August 2023

Stunning condominium in the Saffron just hit the market in trendy downtown Jersey City! Just two blocks from the Grove Street PATH, this contemporary styled one bedroom home features an impeccably renovated bathroom, private balcony and over 550 square feet of well configured living space. The kitchen comes fully-equipped with all the modern amenities you would expect, including stainless steel appliances, tons of quartz countertops and a custom tile backsplash, making it ideal for the cook in you. The open airy layout with a minimalistic design, 10 foot ceilings, custom window treatments and bamboo re-engineered hardwood flooring throughout the home, will have you saying to yourself...the search is over because you've found the ideal place! During the warmer months, enjoy time on your private balcony with access to the shared courtyard or head up to the shared rooftop to relax on one of the many lounge chairs while enjoying the summer breeze and taking in the breathtaking panoramic views of downtown Jersey City. If you will be working from home for the unforeseeable future, you will be thrilled to know the Saffron is located in the trendiest neighborhood in downtown Jersey City with access to all the online grocery delivery services and amazing local restaurants. And if you need to head to NYC, the home is conveniently located a couple of blocks to the PATH to NYC and a short distance to the Paulus Hook ferry terminal. The Saffron is an elevator building that offers an astonishing array of amenities including outdoor roof lounge featuring BBQ's with outstanding views of downtown Jersey City, indoor rooftop lounge, well-manicured courtyard, fitness center and lobby with handicap/ stroller assist access lift. Parking is available for rent. Available 9/15!

Last Agent to Rent the Property

Andrew Sanderson

EXP REALTY LLC License #0791016 Listed on: 08/15/2023

EXP REALTY LLC

Last Renter's Agent

Andrew Sanderson

EXP REALTY LLC License #0791016 Listed on: 08/15/2023

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,026

Year Built

  • 2009

Lot Details

  • 0.48

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Terrace

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System

Listing and Financial Details

  • Exclusions: All personal items
  • Legal Lot and Block 00004 / 12702

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,026

Year Built

2009

Lot Details

0

Rental Info

  • Rental Amount: 2850

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Building Style: Multi-Level
  • Exclusions: All personal items
  • Inclusions: All appliances
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2009

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Oven/Range Electric
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1

Utilities

  • Heating/Cooling: A/C Wall, Heat Pump

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor

Lot Info

  • Geo Address Line: 217 Newark Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 20, 2022
Sold by
Lincavage Martha A
Bought by
Zhu Bingye and Hu Yusi
Seller's Agent
Geraldine Ciaccia
EXP REALTY LLC
Buyer's Agent
Andrew Sanderson
EXP REALTY LLC
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%
Current Estimated Value
$543,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,464
Avg. Annual Appreciation
0.17%
Original Mortgage
$324,000
Outstanding Balance
$300,322
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$243,142

Purchase Details

Closed on
Aug 22, 2011
Sold by
Ftd Newark Avenue Llc
Bought by
Lincavage Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,640
Interest Rate
4.52%
Mortgage Type
FHA
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
Zhu Bingye $540,000 Stewart Title Guaranty Company
Lincavage Martha A $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Bingye $324,000
Previous Owner Lincavage Martha A $266,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Rented $2,850 0.0% --
08/15/2023 08/15/23 For Rent $2,850 +7.5% --
04/14/2022 04/14/22 Rented $2,650 0.0% --
04/12/2022 04/12/22 Under Contract -- -- --
04/12/2022 04/12/22 For Rent $2,650 0.0% --
01/28/2022 01/28/22 Sold $540,000 -3.6% $949 / Sq Ft View Prior Sale
12/16/2021 12/16/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $560,000 -- $984 / 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 $10,026 $449,000 $100,000 $349,000
2024 $10,089 $449,000 $100,000 $349,000
2023 $10,089 $449,000 $100,000 $349,000
2022 $9,510 $449,000 $100,000 $349,000
2021 $7,202 $449,000 $100,000 $349,000
2020 $7,229 $449,000 $100,000 $349,000
2019 $6,915 $449,000 $100,000 $349,000
2018 $1,143 $449,000 $100,000 $349,000
2017 $5,990 $76,800 $14,500 $62,300
2016 $4,474 $76,800 $14,500 $62,300
2015 $4,347 $76,800 $14,500 $62,300
2014 $4,319 $76,800 $14,500 $62,300
Source: Public Records

Agents Affiliated with this Home

  • Andrew Sanderson

    Landlord's Agent in 2023

    Andrew Sanderson

    EXP REALTY LLC

    (505) 573-1184

    5 in this area

    105 Total Sales

    Andrew Sanderson
    Section Image
  • Geraldine Ciaccia

    Seller's Agent in 2022

    Geraldine Ciaccia

    EXP REALTY LLC

    (732) 829-6055

    2 in this area

    45 Total Sales

    Geraldine Ciaccia
    Section Image
  • DAMIANO TATTOLI

    Seller Co-Listing Agent in 2022

    DAMIANO TATTOLI

    KELLER WILLIAMS CITY LIFE REALTY

    (201) 563-0172

    29 Total Sales

    DAMIANO TATTOLI
    Section Image

  • J

    Buyer's Agent in 2022

    JOSEPH SCANCARELLA

    EXP REALTY LLC

See All Agents

About The Saffron

Map

Source: Hudson County MLS

MLS Number: 230013664

Hudson County MLS

APN: 06-12702-0000-00004-0000-C0103

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

217 Newark Ave Unit 103, Jersey City, NJ

Not Listed for Sale

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