NOT LISTED FOR SALE

242 2nd St Unit 1 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $966,897 - $2,190,000

2 Beds
2 Baths
1,300 Sq Ft
$1,150/Sq Ft Est. Value

Highlights

  • Property is near a park
  • 4-minute walk to Grove Street
  • Living Room
  • Dr Ronald McNair High School Rated A+
  • Wood Flooring

About This Home

As of August 2022

This duplex apartment is just a short walk from Grove PATH station. Lower level with tiled floors has 1 bedroom plus another room/den/office/living room and a full bathroom. Second level has 1 huge bedroom with pocket doors, living room, kitchen and full bathroom. Hardwood floors. Located within walking distance to supermarket, shopping, parks, restaurants, banks and farmers market. Rent includes hot water. Tenant pays gas, heat and electric. Enjoy the outdoors in shared backyard. Brokers fee paid by tenant.

Last Agent to Rent the Property

Carmen Gulo

REMAX VILLA REALTORS License #0345637 Listed on: 08/03/2022

REMAX VILLA REALTORS

Last Renter's Agent

Carmen Gulo

REMAX VILLA REALTORS License #0345637 Listed on: 08/03/2022

REMAX VILLA REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,851

Year Built

  • 1860

Lot Details

  • 2,483

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

Finished Basement

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

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00015 / 11301
  • Assessor Parcel Number 2247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,851

Year Built

1860

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Rental Amount: 2750
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Multi Family
  • Apartment Number: 1
  • Building Style: Multi-Level
  • Inclusions: Oven/range gas, refrigerator
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Downtown
  • Assessor Parcel Number: 2247
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1860

Interior Features

  • Floor Number: B/1
  • Appliances Included: Refrigerator, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Rooms: 5
  • Basement: Finished, Full, Walk-Out
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Lower Level Bedrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Other: 1
  • Level 1 Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 1300
  • Price Per Sq Ft: 2.04

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Gas, Radiators
  • Ll Hot Water: Y
  • Ll Water: Y

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Shared Backyard

Lot Info

  • Geo Address Line: 242 2nd St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 08/03/2022
  • Geo Zoom Level: 16
  • Lot: 00015

Tax Info

  • Ll Taxes: Y

Multi Family

  • Total Other: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2000
Sold by
The Church Of The Resurrection
Bought by
Salas Gerald and Salas Hortensia
Current Estimated Value
$1,494,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$84,573
Interest Rate
7.7%
Estimated Equity
$1,409,901
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
Salas Gerald $255,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Gerald $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2022 08/07/22 Rented $2,750 +3.8% --
08/03/2022 08/03/22 For Rent $2,650 -- --
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 $29,851 $1,336,800 $720,000 $616,800
2024 $30,038 $1,336,800 $720,000 $616,800
2023 $30,038 $1,336,800 $720,000 $616,800
2022 $28,313 $1,336,800 $720,000 $616,800
2021 $21,442 $1,336,800 $720,000 $616,800
2020 $21,522 $1,336,800 $720,000 $616,800
2019 $20,587 $1,336,800 $720,000 $616,800
2018 $2,827 $1,336,800 $720,000 $616,800
2017 $14,820 $190,000 $25,000 $165,000
2016 $14,632 $190,000 $25,000 $165,000
2015 $14,216 $190,000 $25,000 $165,000
2014 $14,125 $190,000 $25,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Carmen Gulo

    Landlord's Agent in 2022

    Carmen Gulo

    RE/MAX

    (201) 978-6993

    6 Total Sales

    Carmen Gulo
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Map

Source: Hudson County MLS

MLS Number: 220014065

Hudson County MLS

APN: 06-11301-0000-00015

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

242 2nd St Unit 1, Jersey City, NJ

This home is located at 242 2nd St Unit 1, Jersey City, NJ 07302 since 03 August 2022 and is currently priced at $1,494,474. This property was built in 1860. 242 2nd St Unit 1 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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