NOT LISTED FOR SALE

241 Union St Jersey City, NJ 07304

West Side Neighborhood

Estimated Value: $709,940 - $764,000

7 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 02, 2021

Last sale price $500,000

Est. 47% increase in value since last sale

Current estimated payment $4,744/month

8 Days on Market

Highlights

  • Victorian Architecture
  • Living Room
  • Dining Room
  • Liberty High School Rated A-

About This Home

As of March 2021

CASH FLOW PROPERTY! Great 2 family Victorian-style home for sale! This turnkey investment property offers a total of 7.5 bedrooms, 3 full baths, and 3 kitchens. Basement is finished and may serve as a duplex to the 1st floor or perfect mother-daughter space. It also has a private balcony as well as great yard space. 2nd unit offers washer and dryer hookups. 2 blocks from the MLK Drive Light Rail Station, near New Jersey City University, Lincoln Park, restaurants, shops, and more! Less than 30 minutes to Lower Manhattan, New York, Secaucus, Newark, Downtown Jersey City, and all major towns. Bus lines on JFK go directly into the city. 25x156 deep lot and taxes are less than $6,400.

Last Agent to Sell the Property

George Llerena

PROVIDENT LEGACY REAL ESTATE SERVICES LLC License #1327124 Listed on: 09/23/2020

Last Buyer's Agent

George Llerena

PROVIDENT LEGACY REAL ESTATE SERVICES LLC License #1327124 Listed on: 09/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,384

Lot Details

  • 3,920

Parking

  • 2 Parking Spaces

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 3 Bedrooms in Basement

Additional Features

  • Lot Dimensions are 25x156
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Exclusions: Tenants Personal property
  • Assessor Parcel Number 33120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,384

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Victorian
  • Exclusions: Tenants Personal property
  • Inclusions: Real Estate
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 33120
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 7
  • Total Other Rooms: 2
  • Basement: Finished, Full, Walk-Out
  • Total Dining Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Bedrooms: 3
  • Basement Full Bathrooms: 1
  • Basement Kitchens: 1
  • Basement Living Rooms: 1
  • Basement Rent: 760
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: 1400/year
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Floor 2 Rent: 1300/year
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 2 Cars
  • Annual Water Sewer Expense: 2019

Utilities

  • Heating/Cooling: Hot Air, Gas
  • Annual Insurance Expense: 2019

Fee Information

  • Insurance Expense: 1200
  • Water Sewer Expenses: 1200

Lot Info

  • Geo Address Line: 241 Union St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 09/29/2020
  • Geo Zoom Level: 16
  • Lot Size: 25x156

Tax Info

  • Taxes: 6384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Feb 24, 2021
Sold by
Ramirez Alejandro
Bought by
Carpen Veraswami and Narain Kemwatie
Seller's Agent
George Llerena
PROVIDENT LEGACY REAL ESTATE SERVICES LLC
Buyer's Agent
George Llerena
PROVIDENT LEGACY REAL ESTATE SERVICES LLC
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Current Estimated Value
$734,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,735
Avg. Annual Appreciation
8.93%
Original Mortgage
$400,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1998
Sold by
Ramirez Alejandro and Ruiz Maria A
Bought by
Ramirez Alejandro
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
Carpen Veraswami $500,000 Fidelity National Ttl Ins Co
Ramirez Alejandro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpen Veraswami $400,000
Previous Owner Ramirez Alejandro $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $500,000 +11.1% --
10/01/2020 10/01/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $450,000 -- --
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 $9,258 $414,600 $109,000 $305,600
2024 $9,316 $414,600 $109,000 $305,600
2023 $9,316 $414,600 $109,000 $305,600
2022 $8,781 $414,600 $109,000 $305,600
2021 $6,650 $414,600 $109,000 $305,600
2020 $6,675 $414,600 $109,000 $305,600
2019 $6,385 $414,600 $109,000 $305,600
2018 $1,101 $414,600 $109,000 $305,600
2017 $5,772 $74,000 $7,000 $67,000
2016 $5,699 $74,000 $7,000 $67,000
2015 $5,537 $74,000 $7,000 $67,000
2014 $5,501 $74,000 $7,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • George Llerena

    Seller's Agent in 2021

    George Llerena

    PROVIDENT LEGACY REAL ESTATE SERVICES LLC

    (201) 725-6695

    3 in this area

    61 Total Sales

    George Llerena
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Map

Source: Hudson County MLS

MLS Number: 202021253

Hudson County MLS

APN: 06-19404-0000-00012

New Jersey Hudson County Jersey City 07304 West Side

241 Union St, Jersey City, NJ

This home is located at 241 Union St, Jersey City, NJ 07304 since 23 September 2020 and is currently estimated at $734,735. 241 Union St is a home located in Hudson County with nearby schools including Chaplain Charles Watters School, PS #24, Henry Snyder High School, and Lincoln 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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