NOT LISTED FOR SALE

278 Magnolia Ave Unit 1 Jersey City, NJ 07306

Journal Square Neighborhood

Estimated Value: $411,000 - $527,000

2 Beds
1 Bath
770 Sq Ft
$396/mo HOA Fee

Last Sold August 18, 2021

Last sale price $350,000 $455 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,437/month

18 Days on Market

Highlights

  • Property is near a park
  • 4-minute walk to Journal Square
  • Intercom
  • Liberty High School Rated A-
  • Wood Flooring
  • 2-minute walk to Brett Triangle

About This Home

As of August 2021

Bright corner unit just Steps to Journal Square Path located in the "heart of the square". This 2 bedroom unit features a spacious kitchen, charming details, wood floors, French doors, large foyer entry, abundant closet space, maintenance includes heat/hot water, common laundry and nearby garage parking for an additional fee!

Last Agent to Sell the Property

Jill Biggs

COLDWELL BANKER REALTY License #0568727 Listed on: 06/03/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Mary Ann Valenzuela

AMERICAS ELITE GROUP LLC License #9805858

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,531

Lot Details

  • 0.28

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 770 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

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

Listing and Financial Details

  • Exclusions: All personal possessions.
  • Legal Lot and Block 00002 / 10601
  • Assessor Parcel Number 37109

Community Details

Overview

  • Association fees include heat, hot water

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,531

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Exclusions: All personal possessions.
  • Inclusions: Appliances and light fixtures as installed.
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 37109
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1
  • Appliances Included: Dishwasher, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 770
  • Price Per Sq Ft: 454.55

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Radiators

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Storage, Wash/Dry Room
  • Maintenance Fee Includes: Heat, Hot Water

Fee Information

  • Monthly Maintenance Fee: 396

Lot Info

  • Geo Address Line: 278 Magnolia Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/03/2021
  • Geo Zoom Level: 16
  • Lot: 00002

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 5531

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 12, 2021
Sold by
Bartus James
Bought by
Pasetes Lorenzo
Seller's Agent
Jill Biggs
COLDWELL BANKER REALTY
Buyer's Agent
Mary Ann Valenzuela
AMERICAS ELITE GROUP LLC
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$441,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,587
Avg. Annual Appreciation
6.03%
Original Mortgage
$280,000
Outstanding Balance
$255,334
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$188,044

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 22, 2015
Sold by
Pal Ranbir
Bought by
Bartus James
Seller's Agent
Joni Vicente
COLDWELL BANKER REALTY
Buyer's Agent
ANKIT DUGGAL
SHOWCASE BROKERS LLC
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$224,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2013
Closed on
Nov 26, 2013
Sold by
Reagan Francis S and Buzick Pamala
Bought by
Pal Ranbir
Seller's Agent
VINNEY SAWHNEY
COLDWELL BANKER REALTY
Buyer's Agent
Jesika Shah
BOUTIQUE REALTY LLC
List Price
$232,000
Sold Price
$220,000
Premium/Discount to List
-$12,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$143,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Boria Nagel L
Bought by
Reagen Francis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,728
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2006
Sold by
Ortega Liborio and Boria Angel L
Bought by
Boria Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Ortega Liborio
Bought by
Ortega Liborio and Boria Angel L

Purchase Details

Closed on
Mar 26, 2001
Sold by
Mukherjee Bijoy and Mukherjee Mira
Bought by
Hud
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
Pasetes Lorenzo $350,000 Chicago Title Insurance Co
Bartus James $280,000 None Available
Pal Ranbir $220,000 Old Republic National Title
Reagen Francis S $205,000 --
Boria Angel L -- None Available
Ortega Liborio -- --
Hud $65,100 First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasetes Lorenzo $280,000
Previous Owner Bartus James $224,000
Previous Owner Pal Ranbir $143,000
Previous Owner Reagen Francis S $187,728
Previous Owner Boria Angel L $100,000
Previous Owner Ortega Liborio $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $350,000 +0.3% $455 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $349,000 +24.6% $453 / Sq Ft
07/24/2015 07/24/15 Sold $280,000 -3.1% $364 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $289,000 +31.4% $375 / Sq Ft
11/27/2013 11/27/13 Sold $220,000 -5.2% $253 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $232,000 -- $266 / Sq Ft
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 $7,670 $343,500 $80,000 $263,500
2024 $7,718 $343,500 $80,000 $263,500
2023 $7,718 $343,500 $80,000 $263,500
2022 $7,275 $343,500 $80,000 $263,500
2021 $5,510 $343,500 $80,000 $263,500
2020 $5,530 $343,500 $80,000 $263,500
2019 $5,290 $343,500 $80,000 $263,500
2018 $802 $343,500 $80,000 $263,500
2017 $4,204 $53,900 $6,500 $47,400
2016 $4,151 $53,900 $6,500 $47,400
2015 $4,033 $53,900 $6,500 $47,400
2014 $4,007 $53,900 $6,500 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Jill Biggs

    Seller's Agent in 2021

    Jill Biggs

    COLDWELL BANKER REALTY

    (973) 495-6038

    42 in this area

    1,688 Total Sales

    Jill Biggs
    Section Image

  • M

    Buyer's Agent in 2021

    Mary Ann Valenzuela

    AMERICAS ELITE GROUP LLC

    (201) 697-2966

    4 in this area

    18 Total Sales

    Mary Ann Valenzuela
    Section Image
  • Joni Vicente

    Seller's Agent in 2015

    Joni Vicente

    COLDWELL BANKER REALTY

    (201) 739-2572

    1 in this area

    15 Total Sales

    Joni Vicente
    Section Image

  • A

    Buyer's Agent in 2015

    ANKIT DUGGAL

    SHOWCASE BROKERS LLC

  • V

    Seller's Agent in 2013

    VINNEY SAWHNEY

    COLDWELL BANKER REALTY

    (201) 294-5864

    1 Total Sale

    VINNEY SAWHNEY
    Section Image
  • Jesika Shah

    Buyer's Agent in 2013

    Jesika Shah

    BOUTIQUE REALTY LLC

    (201) 653-4501

    3 in this area

    14 Total Sales

    Jesika Shah
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 210013495

Hudson County MLS

APN: 06-10601-0000-00002-0000-C0001

New Jersey Hudson County Jersey City 07306 Journal Square

278 Magnolia Ave Unit 1, Jersey City, NJ

This home is located at 278 Magnolia Ave Unit 1, Jersey City, NJ 07306 since 03 June 2021 and is currently estimated at $441,587, approximately $573 per square foot. 278 Magnolia Ave Unit 1 is a home located in Hudson County with nearby schools including P.S. 23 Mahatma K. Gandhi School, Liberty High School, and William L. Dickinson 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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