M
Seller's Agent in 2022
Michael Bartol
EXP REALTY LLC
1 in this area
46 Total Sales
29 Magnolia Ave Jersey City, NJ 07306
Journal Square NeighborhoodEstimated Value: $968,000 - $1,221,000
3
Beds
2
Baths
--
Sq Ft
1,307
Sq Ft Lot
Highlights
- Brownstone
- Dr Ronald McNair High School Rated A+
- Living Room
About This Home
As of November 202229 Magnolia Ave is nestled along a tree-lined residential street in the highly sought-after Hilltop section of Jersey City. The home exudes old world charm with modern styling. As you open the first floor door, you enter a beautiful and spacious living space with recessed lighting throughout, making the home feel light and bright. The focal point of the room are the fireplace and custom built-ins that frame the room perfectly with exposed brick as the backdrop behind the shelving. The kitchen has stainless steel appliances, tile flooring, and an exposed brick wall. You will love the ample cabinet space along with the pantry closet, and cooking with your gas stovetop! The window above the kitchen sink peeks out to your private backyard, an oasis meticulously landscaped with pavers, river rocks, turf, and mini shrubs. Just off the kitchen is a recently renovated full-size modern bathroom. Between the kitchen and the living space are stairs leading up to the two bedrooms. Each bedroom features engineered hardwood floors, crown molding, custom wardrobe closets, and decorative fireplaces that bring back instant nostalgia from a time past. The primary bedroom has two large windows, exposed brick, and stunning light fixture. The second bedroom faces the front of the house and has a quaint out cove perfect for snuggling up with your favorite book. The third floor can be accessed through the second bedroom or up the staircase in the front of the home as a private entrance. This one bed one bath apartment is absolutely adorable and is a renter’s dream. If you don’t want to use this as potential rental income, it’s a perfect (private) place to have family and friends stay for long weekends. The third floor kitchen and bathroom were both recently renovated. As you enter the third level, to the right faces the back of the home and you will find a decorative fireplace, modern kitchen, living space, and storage closet. As you go down the hall to the left, you will enter a fully renovated bathroom with subway tile, floating selves, and a skylight for ultimate relaxation. The bedroom faces the front of the house and is large with a decorative fireplaces and large closet. The room can easily fit a desk and additional dressers for more storage. This home is versatile and can be set up for a one family or can be completely left as is for a great two-family home! 29 Magnolia Ave is located just minutes from the Journal Square PATH station, upcoming 3-acre Courthouse park, less than a mile to downtown Jersey City’s shops, restaurants and parks, and a short drive into Manhattan. If you drive, you can leave the home knowing you can come back to your very own parking spot, which sets this home apart from others on the block. Don’t miss out on this rare home, book your showing today!
Last Agent to Sell the Property
EXP REALTY LLC License #1971247 Listed on: 09/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,744
Lot Details
- 1,307
Parking
- 1 Parking Space
Home Design
- Brownstone
- Rowhouse Architecture
- Brick Exterior Construction
Interior Spaces
- Living Room
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Gas
Community Details
- Utility Expense $2,971
Listing and Financial Details
- Exclusions: Owner's personal property
- Legal Lot and Block 00015 / 09704
- Assessor Parcel Number 6294
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2022
Closed on
Nov 9, 2022
Sold by
Belfiore Louis and Belfiore Erika
Bought by
Petrocelli Patrick and Petrocelli Erin
Seller's Agent
Michael Bartol
EXP REALTY LLC
Buyer's Agent
Brian Henry
BOYNE REALTY
List Price
$967,035
Sold Price
$950,000
Premium/Discount to List
-$17,035
-1.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,206
Avg. Annual Appreciation
4.75%
Original Mortgage
$620,000
Outstanding Balance
$601,227
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$482,979
Purchase Details
Listed on
Nov 19, 2013
Closed on
Jan 31, 2014
Sold by
Jones Stephen K
Bought by
Belfiore Louis and Lange Erika
Seller's Agent
Frank Coppola
Keller Williams Realty West Monmouth
Buyer's Agent
Frank Coppola
Keller Williams Realty West Monmouth
Sold Price
$380,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$304,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 1998
Sold by
Sailer Ludwig and Sailer Carolyn
Bought by
Jones Stephen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
6.95%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petrocelli Patrick | $950,000 | First American Title | |
| Belfiore Louis | $380,000 | Chicago Title Insurance Co | |
| Jones Stephen K | $112,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Petrocelli Patrick | $620,000 | |
| Previous Owner | Belfiore Louis | $100,093 | |
| Previous Owner | Belfiore Louis | $302,500 | |
| Previous Owner | Belfiore Louis | $304,000 | |
| Previous Owner | Jones Stephen | $130,000 | |
| Previous Owner | Jones Stephen K | $114,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2022 11/09/22 | Sold | $950,000 | -1.8% | -- |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $967,035 | 0.0% | -- |
| 04/29/2015 04/29/15 | Rented | $1,350 | -1.8% | -- |
| 04/29/2015 04/29/15 | Under Contract | -- | -- | -- |
| 03/25/2015 03/25/15 | For Rent | $1,375 | 0.0% | -- |
| 01/31/2014 01/31/14 | Sold | $380,000 | -- | -- |
Source: Hudson County MLS
Tax History Compared to Growth
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 | $13,514 | $605,200 | $244,100 | $361,100 |
| 2024 | $13,599 | $605,200 | $244,100 | $361,100 |
| 2023 | $13,599 | $605,200 | $244,100 | $361,100 |
| 2022 | $12,818 | $605,200 | $244,100 | $361,100 |
| 2021 | $9,707 | $605,200 | $244,100 | $361,100 |
| 2020 | $9,744 | $605,200 | $244,100 | $361,100 |
| 2019 | $9,320 | $605,200 | $244,100 | $361,100 |
| 2018 | $1,565 | $605,200 | $244,100 | $361,100 |
| 2017 | $8,206 | $105,200 | $5,400 | $99,800 |
| 2016 | $8,101 | $105,200 | $5,400 | $99,800 |
| 2015 | $7,871 | $105,200 | $5,400 | $99,800 |
| 2014 | $7,821 | $105,200 | $5,400 | $99,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bartol
-
Jeffrey Bonk
Seller Co-Listing Agent in 2022
Jeffrey Bonk
EXP REALTY LLC
(908) 208-7525
1 in this area
156 Total Sales
-
Brian Henry
Buyer's Agent in 2022
Brian Henry
BOYNE REALTY
(201) 401-1457
3 in this area
59 Total Sales
-
ARTHUR KAUFMAN
Seller's Agent in 2015
ARTHUR KAUFMAN
COLDWELL BANKER REALTY
(908) 304-2690
4 in this area
64 Total Sales
-
Frank Coppola
Seller's Agent in 2014
Frank Coppola
Keller Williams Realty West Monmouth
(732) 585-5817
79 Total Sales
Map
Source: Hudson County MLS
MLS Number: 220015896
APN: 06-09704-0000-00015
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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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