NOT LISTED FOR SALE

25 Olean Ave Jersey City, NJ 07304

West Side Neighborhood

Estimated Value: $869,000 - $1,070,000

9 Beds
4 Baths
-- Sq Ft
3,311 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $955,000

Est. 4% increase in value since last sale

Current estimated payment $6,615/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Hot Water Heating System
  • Liberty High School Rated A-
  • Dining Room
  • 2-minute walk to LIncoln Park Playground

About This Home

As of December 2023

Newly updated 2-family home located on a quiet dead end street. Only a few steps away from Lincoln Park gate access. Property has 2 duplex units; Apt 1 includes first floor and a finished basement; Apt 2 includes 2nd floor and a finished attic. Features: More than 3000 sq. ft. of living space, full baths on all levels, all kitchens feature all new appliances and finishings, high ceiling, hardwood floors, and large open backyard space ideal for custom landscaping opportunities or parking for more than 5 + cars. Property is easily acessible to main highways, bus lines, and shopping areas. Walking distance to a new and modern banquet hall at Lincoln Park.

Last Agent to Sell the Property

ANGELI LEDDA

ELCAN REALTY License #1970528 Listed on: 11/02/2023

Co-Listed By

Elvira Quiray

ELCAN REALTY License #8740417

Last Buyer's Agent

Victor Jalinos

CORCORAN SAWYER SMITH License #0450440

CORCORAN SAWYER SMITH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,730

Lot Details

  • 3,311

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement
  • 2 Bedrooms in Basement

Bedrooms and Bathrooms

  • 9 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • Insurance Expense $2,500
  • Water Sewer Expense $3,000

Listing and Financial Details

  • Legal Lot and Block 3 / 18203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,730

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Inclusions: 2 Gas Stoves, 2 Refrigerators, 2 Washer/Dryer Units
  • Lead Paint Form: Yes
  • Section: Journal Square
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 9
  • Basement: Finished
  • Total Living Rooms: 4
  • Basement Bedrooms: 2
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

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

Fee Information

  • Insurance Expense: 2500
  • Water Sewer Expenses: 3000

Lot Info

  • Geo Address Line: 25 Olean Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 3

Tax Info

  • Year: 2022
  • Taxes: 7730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 29, 2023
Sold by
Ledda Vidal and Ledda Elvira
Bought by
Chinnapalanichamy Aravinth
Seller's Agent
ANGELI LEDDA
ELCAN REALTY
Buyer's Agent
Victor Jalinos
CORCORAN SAWYER SMITH
List Price
$945,000
Sold Price
$955,000
Premium/Discount to List
$10,000
1.06%
Views
55
Current Estimated Value
$992,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,574
Avg. Annual Appreciation
1.82%
Original Mortgage
$907,250
Outstanding Balance
$892,367
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$100,207
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chinnapalanichamy Aravinth $955,000 Sunnyside Title
Chinnapalanichamy Aravinth $955,000 Sunnyside Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chinnapalanichamy Aravinth $907,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $955,000 +1.1% --
12/01/2023 12/01/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $945,000 -- --
Source: Hudson County MLS

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 $17,529 $785,000 $177,700 $607,300
2024 $10,190 $785,000 $177,700 $607,300
Source: Public Records

Agents Affiliated with this Home

  • ANGELI LEDDA

    Seller's Agent in 2023

    ANGELI LEDDA

    ELCAN REALTY

    (201) 320-2516

    1 in this area

    1 Total Sale

    ANGELI LEDDA
    Section Image
  • Elvira Quiray

    Seller Co-Listing Agent in 2023

    Elvira Quiray

    ELCAN REALTY

    (201) 222-7330

    6 in this area

    20 Total Sales

    Elvira Quiray
    Section Image
  • Victor Jalinos

    Buyer's Agent in 2023

    Victor Jalinos

    CORCORAN SAWYER SMITH

    (201) 394-1537

    5 in this area

    133 Total Sales

    Victor Jalinos
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 230018459

Hudson County MLS

APN: 06-18203-0000-00003

New Jersey Hudson County Jersey City 07304 West Side

25 Olean Ave, Jersey City, NJ

Not Listed for Sale

MultiFamily

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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