NOT LISTED FOR SALE

The Saffron 217 Newark Ave Unit 202 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $631,000 - $735,842

2 Beds
2 Baths
921 Sq Ft
$325/mo HOA Fee

Last Sold October 11, 2023

Last sale price $699,888 $760 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,364/month

78 Days on Market

Highlights

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

About This Home

As of October 2023

Contemporary 2 bed/2 bath condo available at the Saffron in Downtown Jersey City! Nestled in the heart of Grove St, this spacious condo has an open kitchen, dining and living room area. Details include 10ft ceilings, bamboo floors, modern stainless appliances, white cabinetry, and Bosch washer/dryer. Two large bedrooms have ample closet space. Each bathroom is very spacious. Building amenities include: exercise room, shared courtyard, indoor roof top lounge, and outdoor rooftop patio with views of the surrounding area and NYC. Grove St Path, shopping, restaurants and a Citibike station are nearby. Tenant occupied. Parking is $250/month.

Last Agent to Sell the Property

Kimberli Taylor

EXP REALTY LLC License #0682373 Listed on: 05/09/2023

EXP REALTY LLC

Co-Listed By

Gregory Taylor

EXP REALTY LLC License #0457788

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,677

Lot Details

  • 0.48

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 921 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

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
  • Hot Water Heating System

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00004 / 12702
  • Assessor Parcel Number 80413

Community Details

Overview

  • Association fees include water
  • Saffron Management Association, Phone Number (201) 656-8323
  • The Saffron Condominiums

Amenities

  • Recreation Room
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,677

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Exclusions: All personal property
  • Inclusions: All appliances
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Downtown
  • Assessor Parcel Number: 80413
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 921

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Wall, Electric, Hot Water

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor
  • Management Company: Saffron Management

Condo/Co-op/Association

  • Common Amenities: Community Room, Elevator, Exercise Room
  • Complex Name: The Saffron Condominiums
  • Maintenance Fee Includes: Water
  • Management Contact Info: 201-656-8323

Fee Information

  • Monthly Maintenance Fee: 325

Lot Info

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

Tax Info

  • Year: 2022
  • Taxes: 15677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Zhang Qijing
Bought by
Parekh Jasmine P and Parekh Paras S
Current Estimated Value
$693,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,001
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2023
Closed on
Oct 6, 2023
Sold by
Joint New Limited Company and Noint New Ltd
Bought by
Zhang Qijing
Seller's Agent
Kimberli Taylor
EXP REALTY LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$747,825
Sold Price
$699,888
Premium/Discount to List
-$47,937
-6.41%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$399,888
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Ftd Newark Avenue Llc
Bought by
Joint New Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parekh Jasmine P $660,001 Allied Title
Parekh Jasmine P $660,001 Allied Title
Parekh Jasmine P $660,001 Allied Title
Zhang Qijing $699,888 Title Authority
Zhang Qijing $699,888 Title Authority
Joint New Ltd $415,793 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parekh Jasmine P $460,001
Previous Owner Zhang Qijing $399,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $699,888 -6.4% $760 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $747,825 0.0% $812 / Sq Ft
03/15/2021 03/15/21 Rented $2,500 0.0% --
03/05/2021 03/05/21 Under Contract -- -- --
02/23/2021 02/23/21 Price Changed $2,500 -5.7% $3 / Sq Ft
01/12/2021 01/12/21 For Rent $2,650 -3.6% --
06/22/2015 06/22/15 Rented $2,750 0.0% --
06/22/2015 06/22/15 Under Contract -- -- --
06/05/2015 06/05/15 For Rent $2,750 +5.8% --
10/07/2013 10/07/13 Rented $2,599 -3.6% --
10/07/2013 10/07/13 Under Contract -- -- --
09/04/2013 09/04/13 For Rent $2,695 -- --
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 $16,529 $605,800 $100,000 $505,800
2024 $16,632 $740,200 $100,000 $640,200
2023 $16,632 $740,200 $100,000 $640,200
2022 $15,677 $740,200 $100,000 $640,200
2021 $11,873 $740,200 $100,000 $640,200
2020 $11,917 $740,200 $100,000 $640,200
2019 $11,399 $740,200 $100,000 $640,200
2018 $1,850 $740,200 $100,000 $640,200
2017 $9,695 $124,300 $23,500 $100,800
2016 $9,572 $124,300 $23,500 $100,800
2015 $7,041 $124,300 $23,500 $100,800
2014 $6,995 $124,300 $23,500 $100,800
Source: Public Records

Agents Affiliated with this Home

  • Kimberli Taylor

    Seller's Agent in 2023

    Kimberli Taylor

    EXP REALTY LLC

    (201) 920-2604

    2 in this area

    59 Total Sales

    Kimberli Taylor
    Section Image
  • Gregory Taylor

    Seller Co-Listing Agent in 2023

    Gregory Taylor

    EXP REALTY LLC

    (917) 805-5411

    2 in this area

    116 Total Sales

    Gregory Taylor
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MEMBER NON-MEMBER

    NON-MEMBER

  • Albert Ngai

    Buyer's Agent in 2021

    Albert Ngai

    EXP REALTY LLC

    (917) 518-1588

    10 in this area

    128 Total Sales

    Albert Ngai
    Section Image

  • J

    Seller's Agent in 2015

    JOHN BYRNE

    LUXURY LIVING COMPANY, LLC

  • Joelle Chilazi

    Buyer's Agent in 2015

    Joelle Chilazi

    COMPASS NEW JERSEY, LLC

    (646) 705-1512

    11 in this area

    54 Total Sales

    Joelle Chilazi
    Section Image
See All Agents

About The Saffron

Map

Source: Hudson County MLS

MLS Number: 230007543

Hudson County MLS

APN: 06-12702-0000-00004-0000-C0202

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

217 Newark Ave Unit 202, Jersey City, NJ

Not Listed for Sale

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.

Nearby Homes