Estimated Value: $1,668,000 - $2,170,000
4
Beds
4
Baths
--
Sq Ft
2,483
Sq Ft Lot
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 2021RARE 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,188
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2025
Sold by
230 Bay Partners Llc
Bought by
230 Bay Street Condominium Association
Current Estimated Value
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
8.55%
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
Similar Homes in Jersey City, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 230 Bay Street Condominium Association | -- | None Listed On Document | |
| 230 Bay Partners Llc | $1,350,000 | First American Title Ins Co | |
| 230 Bay St Llc | $807,300 | Claer Skies Title Agency | |
| Melendez Jesus | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 230 Bay Partners Llc | $2,630,000 | |
| Previous Owner | 230 Bay Partners Llc | $2,561,000 | |
| Previous Owner | 230 Bay Partners Llc | $2,180,000 | |
| Previous Owner | 230 Bay St Llc | $840,000 | |
| Previous Owner | 230 Bay St Llc | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 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
-
Seller's Agent in 2021
Sharon Robinson
SILVER AND OAK REALTY, LLC
(617) 595-1419
1 in this area
18 Total Sales
-
Geza Gulas
Buyer's Agent in 2021
Geza Gulas
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
(917) 821-1414
10 in this area
26 Total Sales
Map
Source: Hudson County MLS
MLS Number: 210002753
APN: 06-11403-0000-00027
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