NOT LISTED FOR SALE

224 Madison St Unit 1B Hoboken, NJ 07030

Estimated Value: $485,000 - $578,000

2 Beds
1 Bath
590 Sq Ft
$889/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $485,000 $822 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,338/month

Highlights

  • Property is near a park
  • Wood Flooring
  • Central Air
  • Hoboken High School Rated A-
  • Living Room
  • 1-minute walk to Madison Park

About This Home

As of April 2022

Welcome home to this contemporary 2BD/1BA Condo located in the heart of Hoboken. Apartment features a delightful raised Master Bedroom with French Doors, Living Room, renovated Kitchen & Main Bath. Updated Kitchen with SS appliances, shaker style cabinets and custom granite countertops with Breakfast Bar. Amenities of gas heating/CAC, beautiful HWF's throughout, on site laundry, secured storage bin and private outdoor space with patio. Property is conveniently located in the vibrant Downtown District, moments from dining/entertainment venues, Newport Mall, PATH, Light Rail, NJ/NY transportation with access to all major highways. This is simply the next best community and place to call home!

Last Agent to Rent the Property

Eulondia Reese-Turner

COLDWELL BANKER REALTY License #0342879 Listed on: 04/02/2022

COLDWELL BANKER REALTY

Last Renter's Agent

John Scipione

EXP REALTY LLC License #0897884

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Year Built

  • 2000

Lot Details

  • 610

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 590 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Laundry Facilities

Listing and Financial Details

  • 12 Month Lease Term
  • Legal Lot and Block 00019 / 00038
  • Assessor Parcel Number 9744

Home Details

Home Type

Single Family

Year Built

2000

Lot Details

0

Rental Info

  • Rental Date: 04/15/2022
  • Credit Check Required: Y
  • Rental Amount: 3000
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Apartment Number: 1B
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Downtown
  • Assessor Parcel Number: 9744
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Floor Number: 1
  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Basement: Full, Unfinished, Walk-Out
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 590
  • Price Per Sq Ft: 4.75

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Central, Gas, Hot Air

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Wash/Dry Room, Storage, Shared Backyard
  • Complex Name: 224 Madison St Condo Assc

Lot Info

  • Geo Address Line: 224 Madison St
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Update Timestamp: 04/02/2022
  • Geo Zoom Level: 16
  • Lot: 00019
  • Lot Size: Common

Tax Info

  • Year: 2021
  • Ll Taxes: Y
  • Taxes: 5203

Multi Family

  • LeaseTerm: 12 Months

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 11, 2022
Sold by
Jordan Schaeffer
Bought by
Abiola O Bankole Trust
Seller's Agent
STACY Manoukian
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Buyer's Agent
Eulondia Reese-Turner
COLDWELL BANKER REALTY
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Current Estimated Value
$524,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,689
Avg. Annual Appreciation
2.25%
Original Mortgage
$388,000
Outstanding Balance
$341,252
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$182,402

Purchase Details

Closed on
Jul 10, 2018
Sold by
Oneill Daniel and Oneill Jessica
Bought by
Schaefer Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 15, 2013
Sold by
Tracy Matthew and Tracy Carla Baker
Bought by
Oneil Daniel
Seller's Agent
Ann Wycherley
BROWN HARRIS STEVENS NEW JERSEY
Buyer's Agent
Kenneth DeGrave
COMPASS NEW JERSEY, LLC
List Price
$350,000
Sold Price
$337,500
Premium/Discount to List
-$12,500
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$253,125
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2004
Sold by
Rickert Andrew P and Rickert Carol G
Bought by
Baker Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.81%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 22, 2001
Sold by
Rickert Andrew P
Bought by
Rickert Andrew P and Rickert Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Abiola O Bankole Trust $485,000 Stewart Title Guaranty Company
Schaefer Jordan $439,000 Elite Title Group Llc
Oneil Daniel $337,500 Chicago Title Insurance Co
Baker Carla $315,000 Old Republic National Title
Rickert Andrew P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abiola O Bankole Trust $388,000
Previous Owner Schaefer Jordan $355,000
Previous Owner Oneil Daniel $253,125
Previous Owner Baker Carla $252,000
Previous Owner Rickert Andrew P $154,750
Previous Owner Rickert Andrew P $45,000
Previous Owner Rickert Andrew P $158,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Rented $3,000 +7.1% --
04/08/2022 04/08/22 Under Contract -- -- --
04/02/2022 04/02/22 For Rent $2,800 0.0% --
03/16/2022 03/16/22 Sold $485,000 +2.1% $822 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $475,000 +40.7% $805 / Sq Ft
08/15/2013 08/15/13 Sold $337,500 -3.6% $572 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $350,000 -- $593 / 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 $5,743 $325,200 $172,800 $152,400
2024 $5,298 $325,200 $172,800 $152,400
2023 $5,298 $325,200 $172,800 $152,400
2022 $5,206 $325,200 $172,800 $152,400
2021 $5,203 $325,200 $172,800 $152,400
2020 $5,239 $325,200 $172,800 $152,400
2019 $5,200 $325,200 $172,800 $152,400
2018 $5,138 $325,200 $172,800 $152,400
2017 $5,177 $325,200 $172,800 $152,400
2016 $5,044 $325,200 $172,800 $152,400
2015 $4,868 $325,200 $172,800 $152,400
2014 $4,644 $325,200 $172,800 $152,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220005714

Hudson County MLS

APN: 05-00038-0000-00019-0000-C001B