NOT LISTED FOR SALE

227 Bay St Unit 1B Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $656,000 - $781,000

2 Beds
1.5 Baths
910 Sq Ft
$334/mo HOA Fee

Last Sold August 12, 2022

Last sale price $688,000 $756 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,368/month

62 Days on Market

Highlights

  • Brownstone
  • 3-minute walk to Grove Street
  • Fireplace
  • Dr Ronald McNair High School Rated A+
  • Wood Flooring
  • Intercom

About This Home

As of August 2022

Unrivaled opportunity! Beautifully renovated 2 bed/1.5 bath + office duplex in Bay Street Commons just a block to Grove St PATH. Central A/C and hot air. Hardwood floors. Brand new appliances and washer/dryer in unit. First floor completes with living/dining room, stylish kitchen with Quartz counters and brand new white cabinets, 1/2 bathroom and office/3rd bedroom. On the second floor, two bedrooms privately located at the opposite ends, upgraded full bathroom and smart washer/dryer. Additional entrance on the upper level is convenient for move-in/out. Assigned spacious storage cage and full-size laundry in basement. Rental parking nearby. Steps to the new Newark Ave Pedestrian Plaza, restaurant row, shops, nightlife. Low HOA fee. Street not in flood zone. A must see!

Last Agent to Sell the Property

Alex Bao

REALMART REALTY License #1432291 Listed on: 04/28/2022

Last Buyer's Agent

Jill Biggs

COLDWELL BANKER REALTY License #0568727

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,006

Lot Details

  • 2,222

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Brownstone
  • Brick Exterior Construction

Interior Spaces

  • 910 Sq Ft Home
  • Fireplace
  • Living Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Property is near shops
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 00005 / 11404
  • Assessor Parcel Number 2117

Community Details

Overview

  • Association fees include water
  • Bay Street Commons Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,006

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Brownstone
  • Lead Paint Form: Yes
  • Miscellaneous: Near Shopping, Near Path
  • Assessor Parcel Number: 2117
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 2
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Electric
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Half Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Level1 Number Other: 1
  • Level 2 Number Bedrooms: 2
  • Level 2 Full Bathrooms: 1
  • Estimated Sq Ft: 910
  • Price Per Sq Ft: 756.04

Exterior Features

  • Exterior Finish: Brick

Utilities

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

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor, Fireplace

Condo/Co-op/Association

  • Complex Name: Bay Street Commons
  • Maintenance Fee Includes: Water

Fee Information

  • Monthly Maintenance Fee: 334

Lot Info

  • Geo Address Line: 227 Bay St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 04/28/2022
  • Geo Zoom Level: 16
  • Lot: 00005

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 11006

Multi Family

  • Total Number Other: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2006
Sold by
Chawla Nitin and Kapoor Sapna
Bought by
Riedl Christopher
Current Estimated Value
$709,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Outstanding Balance
$217,169
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2004
Sold by
Akuete Nii Ama
Bought by
Chawla Nitin and Kapoor Sapna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2001
Sold by
Tran Sang Le Kim and Titone Mark
Bought by
Pounders Richard J

Purchase Details

Closed on
Jul 15, 1997
Sold by
Goodwin Richard C
Bought by
Tran Sang Le Kim
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
Riedl Christopher $380,000 None Available
Chawla Nitin $285,000 Fidelity Natl Title Ins Co
Pounders Richard J $48,900 --
Tran Sang Le Kim $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riedl Christopher George $180,000
Closed Riedl Christopher G $191,000
Closed Riedl Christopher $190,500
Open Riedl Christopher $361,000
Previous Owner Chawla Nitin $228,000
Previous Owner Akuete Nii Ama $212,430
Previous Owner Pounders Richard $90,000
Previous Owner Pounders Richard J $44,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $688,000 0.0% $756 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $688,000 -3.0% $756 / Sq Ft
05/18/2022 05/18/22 Price Changed $709,000 -2.7% $779 / Sq Ft
05/12/2022 05/12/22 Price Changed $729,000 -2.7% $801 / Sq Ft
04/28/2022 04/28/22 For Sale $749,000 -- $823 / 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 $14,028 $628,200 $100,000 $528,200
2024 $14,116 $628,200 $100,000 $528,200
2023 $14,116 $628,200 $100,000 $528,200
2022 $13,305 $628,200 $100,000 $528,200
2021 $10,076 $628,200 $100,000 $528,200
2020 $10,517 $653,200 $100,000 $553,200
2019 $10,059 $653,200 $100,000 $553,200
2018 $774 $653,200 $100,000 $553,200
2017 $4,056 $52,000 $2,400 $49,600
2016 $4,005 $52,000 $2,400 $49,600
2015 $3,891 $52,000 $2,400 $49,600
2014 $3,866 $52,000 $2,400 $49,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alex Bao

    REALMART REALTY

    Section Image
  • Jill Biggs

    Buyer's Agent in 2022

    Jill Biggs

    COLDWELL BANKER REALTY

    (973) 495-6038

    230 in this area

    1,689 Total Sales

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Map

Source: Hudson County MLS

MLS Number: 220007433

Hudson County MLS

APN: 06-11404-0000-00005-0000-C0101

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

227 Bay St Unit 1B, Jersey City, NJ

This home is located at 227 Bay St Unit 1B, Jersey City, NJ 07302 since 28 April 2022 and is currently estimated at $698,834, approximately $767 per square foot. 227 Bay St Unit 1B is a home located in Hudson County with nearby schools including Rafael Cordero y Molina School - P.S. 37, Dr Ronald McNair High School, and James J. Ferris 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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