NOT LISTED FOR SALE

29 E 48th St Bayonne, NJ 07002

North Bayonne Neighborhood

Estimated Value: $676,000 - $807,000

7 Beds
3 Baths
2,312 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $670,000 $290 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,893/month

37 Days on Market

Highlights

  • Living Room
  • 4-minute walk to 45Th Street
  • Heating System Uses Gas
  • Dining Room

About This Home

As of June 2023

Opportunity awaits at this RARE (3) three family home in the forever desirable Bayonne, NJ! Family owned since 1925 and ready for new home ownership! This incredible multifamily property offers endless possibilities for seasoned investors or first time home buyers. Units 1& 2 offer spacious apartments with three 3 Bedrooms | 1 Bath layouts, washer and dryer, backyard access, basement storage and more! Unit 3 is a cozy 1 Bedroom | 1 Bath apartment that is currently occupied. The unit provides comfortable living space and the opportunity to receive additional income! Conveniently located near the 45th street light rail, restaurants, grocery stores, schools, and more! Call today for your private viewing!

Last Agent to Sell the Property

Mark Orlowski

REAL License #1754764 Listed on: 04/12/2023

REAL

Last Buyer's Agent

Maria Alba

COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC. License #1756086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,903

Lot Details

  • Lot Dimensions are 25 x 100

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal items
  • Legal Lot and Block 0011 / 66
  • Assessor Parcel Number 1686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,903

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Exclusions: All personal items
  • Inclusions: All appliances, fixtures and equipment.
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 1686
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Unfinished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 7
  • Total Living Rooms: 3
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: Vacant
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: Vacant
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

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

Lot Info

  • Geo Address Line: 29 E 48th St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Lot: 0011
  • Lot Size: 25 X 100

Tax Info

  • Year: 2022
  • Taxes: 10903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 6, 2023
Sold by
Roden Carol C and Collins Michael
Bought by
Ohanlon Michael J
Seller's Agent
Mark Orlowski
REAL
Buyer's Agent
Maria Alba
COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
List Price
$689,000
Sold Price
$670,000
Premium/Discount to List
-$19,000
-2.76%
Views
113
Current Estimated Value
$752,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,074
Avg. Annual Appreciation
4.65%
Original Mortgage
$657,864
Outstanding Balance
$641,520
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$110,554
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
Ohanlon Michael J $670,000 Hudson United Title Services
Ohanlon Michael J $670,000 Hudson United Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohanlon Michael J $657,864
Closed Ohanlon Michael J $657,864
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Sold $670,000 -2.8% $290 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $689,000 -- $298 / 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 $11,578 $414,100 $176,400 $237,700
2024 $11,110 $414,100 $176,400 $237,700
Source: Public Records

Agents Affiliated with this Home

  • Mark Orlowski

    Seller's Agent in 2023

    Mark Orlowski

    REAL

    (551) 697-0726

    3 in this area

    24 Total Sales

    Mark Orlowski
    Section Image
  • Maria Alba

    Buyer's Agent in 2023

    Maria Alba

    COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.

    (201) 539-0246

    10 in this area

    31 Total Sales

    Maria Alba
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 230005841

Hudson County MLS

APN: 01-00066-0000-00011

New Jersey Hudson County Bayonne 07002 North Bayonne

29 E 48th St, Bayonne, 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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