NOT LISTED FOR SALE

The Saffron 217 Newark Ave Unit 516 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $726,000 - $772,000

2 Beds
2 Baths
933 Sq Ft
$800/Sq Ft Est. Value

Highlights

  • Fitness Center
  • Views of New York
  • Property is near a park
  • Dr Ronald McNair High School Rated A+
  • Contemporary Architecture
  • 5-minute walk to Van Vorst Park

About This Home

As of August 2023

Luxurious 2B2B Condo with Stunning New York Views! Experience urban living at its finest in this exquisite 2B2B condominium located in Downtown Jersey City, near Grove Street Path station. With an open kitchen, dining room, and living room, this home offers a seamless flow of entertaining. Enjoy the convenience of a courtyard, exercise room, meeting area, roof lounge, and patio. Plus, revel in the breathtaking New York views from your terrace. Don't miss out on this prime opportunity. Schedule a viewing today!

Last Agent to Rent the Property

Song Zhang

ALPHA METRO REALTY CORP License #1430043 Listed on: 07/17/2023

Last Renter's Agent

Diana Sutherlin

COMPASS NEW JERSEY, LLC License #0571933

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,956

Year Built

  • 2009

Lot Details

  • 0.48

Home Design

  • Contemporary Architecture

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

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: Personal belongings
  • 12 Month Lease Term
  • Assessor Parcel Number 80478

Community Details

Amenities

  • Recreation Room
  • Elevator

Recreation

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,956

Year Built

2009

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Rental Amount: 4050

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Apartment Number: 516
  • Building Style: Contemporary, Multi-Level
  • Exclusions: Personal belongings
  • Inclusions: Major appliances.
  • Miscellaneous: New York View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 80478
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2009

Interior Features

  • Floor Number: 5
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Electric
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1

Utilities

  • Heating/Cooling: A/C Wall, Electric, Heat Pump, Hot Air

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Community Room, Exercise Room, Elevator

Lot Info

  • Geo Address Line: 217 Newark Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/06/2023
  • Geo Zoom Level: 16

Multi Family

  • LeaseTerm: 12 Months

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2011
Sold by
Ftd Newark Avenue Llc and Khramova Natalia
Bought by
Kokhan Igor
Current Estimated Value
$732,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,225
Interest Rate
3.62%
Mortgage Type
FHA
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
Kokhan Igor $421,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Zimei $397,000
Closed Song Zimei $397,000
Closed Kokhan Igor $237,700
Closed Kokhan Igor $300,000
Closed Kokhan Igor $330,000
Closed Kokhan Igor $376,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Rented $40,050 +903.8% --
07/17/2023 07/17/23 Under Contract -- -- --
07/17/2023 07/17/23 For Rent $3,990 -- --
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 $13,956 $625,000 $100,000 $525,000
2024 $16,758 $625,000 $100,000 $525,000
2023 $16,758 $745,800 $100,000 $645,800
2022 $15,796 $745,800 $100,000 $645,800
2021 $11,963 $745,800 $100,000 $645,800
2020 $12,007 $745,800 $100,000 $645,800
2019 $11,485 $745,800 $100,000 $645,800
2018 $1,875 $745,800 $100,000 $645,800
2017 $9,828 $126,000 $23,700 $102,300
2016 $7,339 $126,000 $23,700 $102,300
2015 $7,130 $126,000 $23,700 $102,300
2014 $7,085 $126,000 $23,700 $102,300
Source: Public Records

Agents Affiliated with this Home

  • Song Zhang

    Landlord's Agent in 2023

    Song Zhang

    ALPHA METRO REALTY CORP

    (201) 948-8910

    6 in this area

    117 Total Sales

    Section Image
  • Diana Sutherlin

    Tenant's Agent in 2023

    Diana Sutherlin

    COMPASS NEW JERSEY, LLC

    (551) 998-8485

    58 in this area

    142 Total Sales

    Section Image
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About The Saffron

Map

Source: Hudson County MLS

MLS Number: 230011226

Hudson County MLS

APN: 06-12702-0000-00004-0000-C0516

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

217 Newark Ave Unit 516, Jersey City, NJ

This home is located at 217 Newark Ave Unit 516, Jersey City, NJ 07302 since 17 July 2023 and is currently priced at $746,472. This property was built in 2009. 217 Newark Ave Unit 516 is a home located in Hudson County with nearby schools including Frank R. Conwell School - P.S. 3, James J. Ferris High School, and Dr Ronald McNair High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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