NOT LISTED FOR SALE

Estimated Value: $1,440,000 - $1,959,261

4 Beds
3 Baths
-- Sq Ft
1,481 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $1,600,000

Est. 11% increase in value since last sale

Current estimated payment $12,103/month

92 Days on Market

Highlights

  • Brownstone
  • Living Room
  • Dining Room
  • Dr Ronald McNair High School Rated A+
  • Central Air

About This Home

As of June 2023

Located in the Hamilton Park area, on one of the most desirable tree-lined streets in Downtown JC, this beautifully renovated 1895 two family home has rare, sought after PARKING and approximately 2,100 feet of space. Fully brick structure totally upgraded with modern esthetics and convenience. Unit 1 is a 3 Bedroom/2 Full Bathroom duplex with a private outdoor urban oasis featuring a yard with custom pavers & wood fencing, plus a covered carport with roof deck above for entertaining. The open concept interior boasts a 60” built in refrigerator and freezer, quartz counter tops and backsplash, pantry wall, and an enlarged kitchen window. Unit 2 is a 1 Bedroom /1 Bathroom + bonus room with open floor plan and offers a rare TURN KEY (all top floor furniture and items convey), HIGHLY SUCCESSFUL, PERMITTED SHORT TERM RENTAL (AIRBNB & VRBO). Both units feature customization at every turn with top-of-the-line appliances and fixtures (Bosch, Bertazzoni, Electrolux, Summit, BlueStar, TOTO, and Miele), to the custom designed decorative fireplaces and tile inlays in the wood floors. Washer/dryer in both units. Automated Vivint security system includes smoke/carbon monoxide detectors on all 3 floors. Flood insurance is only $1,401 per year. Steps from Hamilton Park, this lovely home is in close proximity to the Newport Mall and the Grove Street and Newport Path Stations into NYC, distance to countless restaurants, shops and nightlife along Newark Avenue. Seller holds a NJ real estate license.

Last Agent to Sell the Property

JANE ORLANDO

KELLER WILLIAMS CITY LIFE JC REALTY License #1751031 Listed on: 01/04/2023

KELLER WILLIAMS CITY LIFE JC REALTY

Last Buyer's Agent

Etan Ofrane

CORCORAN SAWYER SMITH License #1751470

CORCORAN SAWYER SMITH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,655

Lot Details

  • Lot Dimensions are 16.67 x 90

Parking

  • 1 Parking Space

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Radiator

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Legal Lot and Block 9 / 11213
  • Assessor Parcel Number 4009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,655

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Brownstone
  • Exclusions: Personal Belongings
  • Inclusions: All Appliances and Fixtures. Top floor rental unit items, appliances and fixtures.
  • Lead Paint Form: Yes
  • Section: Downtown
  • Assessor Parcel Number: 4009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 4
  • Total Other Rooms: 1
  • Basement: Finished
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Full Bathrooms: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1
  • Fl1 Rooms: 3
  • Fl2 Rooms: 3
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Brick, Stucco

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Central, Radiators

Lot Info

  • Geo Address Line: 295 5th St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 01/04/2023
  • Geo Zoom Level: 16
  • Lot: 9
  • Lot Size: 16.67 x 90

Tax Info

  • Year: 2022
  • Taxes: 27655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Nazario Bienvenido and Nazario Rebecca
Bought by
295 5I Street Llc
Current Estimated Value
$1,775,315

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jun 19, 2023
Sold by
Frank Gordon and Frank Jane
Bought by
Nazario Bienvenido and Nazario Rebecca
Seller's Agent
JANE ORLANDO
KELLER WILLIAMS CITY LIFE JC REALTY
Buyer's Agent
Etan Ofrane
CORCORAN SAWYER SMITH
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
May 24, 2019
Sold by
Restrepo Carlos Alberto and Marrero Bianca
Bought by
Gordon Frank and Orlando Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,225
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 28, 2016
Sold by
Kevin Burke
Bought by
Restrepo Carlos
List Price
$1,200,000
Sold Price
$1,256,000
Premium/Discount to List
$56,000
4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$942,000
Interest Rate
3.66%

Purchase Details

Closed on
Jul 1, 2012
Sold by
Burke Kevin M and Wood Burke Jennifer A
Bought by
Burke Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,126,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2004
Sold by
Aponte Ricardo and Aponte Gladys
Bought by
Burke Kevin M and Woods Burke Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
295 5I Street Llc -- Catic Title
Nazario Bienvenido $1,600,000 Sunnyside Title
Gordon Frank $1,500,000 All Jersey Title Llc
Restrepo Carlos -- --
Burke Kevin M -- 123 Title Agency Inc
Burke Kevin M $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Gordon $891,750
Previous Owner Seccia John $759,000
Previous Owner Gordon Frank $885,225
Previous Owner Restrepo Carlos $942,000
Previous Owner Restrepo Carlos --
Previous Owner Burke Kevin M $3,126,000
Previous Owner Burke Kevin M $153,300
Previous Owner Burke Kevin M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $1,600,000 -5.8% --
04/06/2023 04/06/23 Pending -- -- --
03/22/2023 03/22/23 Price Changed $1,699,000 -2.9% --
03/01/2023 03/01/23 Price Changed $1,750,000 -2.5% --
02/06/2023 02/06/23 Price Changed $1,795,000 -3.0% --
01/04/2023 01/04/23 For Sale $1,850,000 +47.3% --
05/04/2016 05/04/16 Sold $1,256,000 +4.7% --
03/02/2016 03/02/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $1,200,000 0.0% --
05/04/2015 05/04/15 Rented $3,800 0.0% --
05/04/2015 05/04/15 Under Contract -- -- --
04/04/2015 04/04/15 For Rent $3,800 -- --
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 $29,156 $1,305,700 $595,100 $710,600
2024 $29,339 $1,305,700 $595,100 $710,600
2023 $29,339 $1,305,700 $595,100 $710,600
2022 $27,655 $1,305,700 $595,100 $710,600
2021 $20,943 $1,305,700 $595,100 $710,600
2020 $21,022 $1,305,700 $595,100 $710,600
2019 $16,566 $1,075,700 $595,100 $480,600
2018 $1,488 $1,075,700 $595,100 $480,600
2017 $7,800 $100,000 $6,100 $93,900
2016 $7,701 $100,000 $6,100 $93,900
2015 $7,482 $100,000 $6,100 $93,900
2014 $7,434 $100,000 $6,100 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230000172

Hudson County MLS

APN: 06-11213-0000-00009