NOT LISTED FOR SALE

230 Bay St Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $1,512,000 - $2,023,000

4 Beds
4 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $1,350,000

Est. 35% increase in value since last sale

Current estimated payment $12,419/month

Highlights

  • Brownstone
  • 3-minute walk to Grove Street
  • Dining Room
  • Dr Ronald McNair High School Rated A+
  • Living Room
  • Baseboard Heating

About This Home

As of March 2021

RARE INVESTMENT OPPORTUNITY! This 25x100 underutilized lot sits in a PRIME PRIME location less than 2 blocks of Grove St Path offering direct access to NYC and all of downtown’s attractions. Unique opportunity for homeowners and investors alike who are looking to enter the coveted landscape of downtown Jersey City. Even rarer is the ability for a developer to add value by adding both an additional story and increasing the depth of the building by roughly 30 ft. It’s close proximity to all things central offers an exceptional value proposition with tons of potential. Various development plays for highest and best use to capitalize on its proximity to the best of everything. A 3 story multi-family home currently sits on lot. Zoning allows up to 4 stories and 4 families.

Last Agent to Sell the Property

Sharon Robinson

SILVER AND OAK REALTY, LLC License #1865208 Listed on: 02/02/2021

Last Buyer's Agent

Geza Gulas

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #0235253

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,221

Lot Details

  • Lot Dimensions are 25x100

Home Design

  • Brownstone
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Finished Basement

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

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 27 / 11403
  • Assessor Parcel Number 2172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,221

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Brownstone
  • Exclusions: All personal property
  • Inclusions: All appliances
  • Lead Paint Form: Yes
  • Section: Downtown
  • Assessor Parcel Number: 2172
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 4
  • Basement: Finished, Full, Walk-Out
  • Total Living Rooms: 1
  • Basement Dining Rooms: 1
  • Basement Full Bathrooms: 1
  • Basement Kitchens: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: Baseboard, Gas

Lot Info

  • Total Assessed Value: 1432500
  • Geo Address Line: 230 Bay St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 27
  • Lot Size: 25x100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
230 Bay Partners Llc
Bought by
Chun Samantha Yehjin and Vallapureddy Nathan
Current Estimated Value
$1,827,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Outstanding Balance
$1,464,283
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$363,391

Purchase Details

Closed on
Apr 28, 2025
Sold by
230 Bay Partners Llc
Bought by
Conklin Caitlin C and Kumar Neeraj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Outstanding Balance
$1,464,283
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$363,391

Purchase Details

Closed on
Apr 17, 2025
Sold by
230 Bay Partners Llc
Bought by
230 Bay Street Condominium Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Outstanding Balance
$1,464,283
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$363,391

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 15, 2021
Sold by
230 Bay St Llc
Bought by
230 Bay Partners Llc
Seller's Agent
Sharon Robinson
SILVER AND OAK REALTY, LLC
Buyer's Agent
Geza Gulas
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-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
6.78%
Original Mortgage
$2,180,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 1, 2018
Sold by
Melendez Nancy
Bought by
230 Bay St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 1993
Bought by
Melendez Jesus
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
Chun Samantha Yehjin $1,980,000 Emerald Title Group Llc
Chun Samantha Yehjin $1,980,000 Emerald Title Group Llc
Conklin Caitlin C $1,125,000 Leo Fortis Title Agency
Conklin Caitlin C $1,125,000 Leo Fortis Title Agency
230 Bay Street Condominium Association -- None Listed On Document
230 Bay Partners Llc $1,350,000 First American Title
230 Bay Partners Llc $1,350,000 First American Title
230 Bay St Llc $807,300 Claer Skies Title Agency
Melendez Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Samantha Yehjin $1,485,000
Closed Chun Samantha Yehjin $1,485,000
Closed Conklin Caitlin C $475,000
Previous Owner 230 Bay Partners Llc $2,180,000
Previous Owner 230 Bay St Llc $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $1,350,000 -1.8% --
02/23/2021 02/23/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $1,375,000 -1.8% --
02/02/2021 02/02/21 For Sale $1,400,000 -- --
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 $34,221 $1,632,500 $720,000 $912,500
2024 $32,188 $1,532,500 $720,000 $812,500
2023 $32,188 $1,432,500 $720,000 $712,500
2022 $30,340 $1,432,500 $720,000 $712,500
2021 $22,977 $1,432,500 $720,000 $712,500
2020 $23,063 $1,432,500 $720,000 $712,500
2019 $22,061 $1,432,500 $720,000 $712,500
2018 $2,559 $1,432,500 $720,000 $712,500
2017 $13,416 $172,000 $10,000 $162,000
2016 $13,246 $172,000 $10,000 $162,000
2015 $12,869 $172,000 $10,000 $162,000
2014 $12,786 $172,000 $10,000 $162,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sharon Robinson

    SILVER AND OAK REALTY, LLC

    Section Image
  • Geza Gulas

    Buyer's Agent in 2021

    Geza Gulas

    PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

    (917) 821-1414

    10 in this area

    24 Total Sales

    Geza Gulas
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 210002753

Hudson County MLS

APN: 06-11403-0000-00027

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

230 Bay St, Jersey City, NJ

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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