NOT LISTED FOR SALE

229 Park Ave Hoboken, NJ 07030

Estimated Value: $2,283,000 - $3,109,000

9 Beds
6 Baths
3,261 Sq Ft
$788/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $2,285,000 $701 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $15,603/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Dining Room
  • Hoboken High School Rated A-
  • Central Air
  • 2-minute walk to Church Square Park

About This Home

As of June 2023

Once in a lifetime opportunity to own a 4 Family on one of Hoboken's best blocks. Buy as a long term investment or do some upgrades to the Owners unit and move-in. Collect rent from the other currently occupied units while you never worry about parking again and enjoy your private backyard. Owner's unit had Extension built in 90s. Electric, sewer and plumbing are updated to current code. Backyard Shed for plenty of additional storage. 2 Car Garage is a part of owner's unit currently. 2 of the 4 units have been gut renovated within the last 3 years. Close to PATH, Buses, Parks and all of what Hoboken has to offer.

Last Agent to Sell the Property

Kunal Sodhi

EXP REALTY LLC License #1755275 Listed on: 03/23/2023

EXP REALTY LLC

Last Buyer's Agent

STACY Manoukian

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP License #1223639

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,560

Lot Details

  • Lot Dimensions are 99x25

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 9 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $4,000
  • Water Sewer Expense $2,400

Listing and Financial Details

  • Legal Lot and Block 00010 / 00178
  • Assessor Parcel Number 4669

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,560

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Multi-Level
  • Exclusions: personal property
  • Inclusions: appliances and fixtures
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 4669
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 6
  • Total Full Baths: 6
  • Total Bedrooms: 9
  • Total Other Rooms: 2
  • Total Dining Rooms: 3
  • Total Kitchens: 5
  • Total Living Rooms: 5
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Floor1 Other: 2
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 3100
  • Third Floor Bedrooms: 2
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 2850
  • Fourth Floor Bedrooms: 2
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 1
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Rent: 2500
  • Fl1 Rooms: 8
  • Fl2 Rooms: 4
  • Fl3 Rooms: 5
  • Fl4 Rooms: 5

Exterior Features

  • Exterior Finish: Block, Brick

Garage/Parking

  • Parking Available: 2 Cars, Attached, Garage

Utilities

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

Fee Information

  • Insurance Expense: 4000
  • Other Expense: 1200
  • Water Sewer Expenses: 2400

Lot Info

  • Geo Address Line: 229 Park Ave
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Update Timestamp: 03/23/2023
  • Geo Zoom Level: 16
  • Lot: 00010
  • Lot Size: 99x25

Tax Info

  • Year: 2022
  • Taxes: 18560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 5, 2023
Sold by
Pepe Giovanni and Pepe Teresa
Bought by
Pender Scott and Pender Katherine
Seller's Agent
Kunal Sodhi
EXP REALTY LLC
Buyer's Agent
STACY Manoukian
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
List Price
$2,450,000
Sold Price
$2,285,000
Premium/Discount to List
-$165,000
-6.73%
Views
115
Current Estimated Value
$2,570,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,052
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,828,000
Outstanding Balance
$1,779,119
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$790,933

Purchase Details

Closed on
Jul 12, 2010
Sold by
Pepe Giovanni and Pepe Teresa
Bought by
Pepe Giovanni and Pepe Teresa
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
Pender Scott $2,285,000 Simplicity Title
Pender Scott $2,285,000 Simplicity Title
Pepe Giovanni -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pender Scott $1,828,000
Closed Pender Scott $1,828,000
Previous Owner Pepe Giovanni $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $2,285,000 -6.7% $701 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $2,450,000 -- $751 / 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 $20,486 $1,160,000 $714,800 $445,200
2024 $18,896 $1,160,000 $714,800 $445,200
2023 $18,896 $1,160,000 $714,800 $445,200
2022 $18,572 $1,160,000 $714,800 $445,200
2021 $18,400 $1,150,000 $714,800 $435,200
2020 $18,527 $1,150,000 $714,800 $435,200
2019 $17,589 $1,100,000 $714,800 $385,200
2018 $17,380 $1,100,000 $714,800 $385,200
2017 $17,512 $1,100,000 $714,800 $385,200
2016 $17,061 $1,100,000 $714,800 $385,200
2015 $20,448 $1,365,900 $714,800 $651,100
2014 $19,505 $1,365,900 $714,800 $651,100
Source: Public Records

Agents Affiliated with this Home

  • Kunal Sodhi

    Seller's Agent in 2023

    Kunal Sodhi

    EXP REALTY LLC

    (908) 463-1714

    7 in this area

    41 Total Sales

    Kunal Sodhi
    Section Image
  • STACY Manoukian

    Buyer's Agent in 2023

    STACY Manoukian

    Christie's Real Estate Northern NJ

    (917) 975-6154

    86 in this area

    101 Total Sales

    STACY Manoukian
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 230004663

Hudson County MLS

APN: 05-00178-0000-00010

New Jersey Hudson County Hoboken 07030

229 Park Ave, Hoboken, NJ

This home is located at 229 Park Ave, Hoboken, NJ 07030 since 23 March 2023 and is currently estimated at $2,570,052, approximately $788 per square foot. 229 Park Ave is a home located in Hudson County with nearby schools including Hoboken High School, Hoboken Dual Language Charter School, and Stevens Cooperative 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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