NOT LISTED FOR SALE

Estimated Value: $1,679,000 - $2,062,000

3 Beds
2 Baths
2,508 Sq Ft
$873/mo HOA Fee

Last Sold October 16, 2020

Last sale price $1,325,000 $528 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,795/month

6 Days on Market

Highlights

  • Doorman
  • Property is near a park
  • Terrace
  • Dr Ronald McNair High School Rated A+
  • Wood Flooring
  • 2-minute walk to Hamilton Park

About This Home

As of October 2020

Situated in the coveted Wells Fargo building in the historic Hamilton Park neighborhood, this voluminous and beautifully appointed loft residence offers over 2500sf of living space and soaring 20ft ceilings. The industrial past is evident in its grand scale, massive metal ceiling beams and exposed ducts. The enormous living & dining room is sprawled out in the backdrop of an exposed brick wall and leafy views of the lofts own private patio. The kitchen is outfitted with custom cabinetry, stainless steel appliances and generous Caesarstone counter-tops. Ingeniously designed, the residence features three bedroom areas of which one is located on the main level and two upstairs, two bathrooms and exceedingly outstanding closet and storage space. Further, the residence is equipped with central AC & heat, custom Southern Lights Electric dining room chandelier, Caséta by Lutron LED lighting, Minka Aire ceiling fans and in-unit washer & dryer. A parking space is included. Wells Fargo Lofts, originally built in 1890 as a storage facility and stables for the namesake stagecoach empire, is one of the preeminent condominium buildings in Jersey City and ideally located steps to Hamilton Park. The highly sought-after Hamilton Park neighborhood is filled with tree-lined streets, townhouses, cafes and schools. The building offers 24-hour virtual doorman service, elevator and remodeled hallways.

Last Agent to Sell the Property

MARIA RODRIGUES

CORCORAN SAWYER SMITH License #1539478 Listed on: 08/27/2020

CORCORAN SAWYER SMITH

Last Buyer's Agent

Vladimir Leykin

EXP REALTY LLC License #0342089

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,500

Lot Details

  • 0.93

HOA Fees

  • $873 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,508 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Outdoor Features

  • Terrace

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

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Personal property and belongings.
  • Legal Lot and Block 00028 / 10008
  • Assessor Parcel Number 5092

Community Details

Overview

  • Association fees include water, parking
  • Arthur Edwards, Inc. Association, Phone Number (201) 722-9600
  • The Wells Fargo Building Condos

Amenities

  • Doorman
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,500

Lot Details

0

HOA Fees

$873 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Loft
  • Exclusions: Personal property and belongings.
  • Inclusions: All appliances and fixtures.
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Downtown
  • Assessor Parcel Number: 5092
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 5
  • Total Number Dining Rooms: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 1
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level 1 Number Living Rooms: 1
  • Level 2 Number Bedrooms: 2
  • Level 2 Full Bathrooms: 1
  • Estimated Sq Ft: 2508
  • Price Per Sq Ft: 528.31

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Terrace, Hardwood Floor
  • Management Company: Arthur Edwards, Inc.

Condo/Co-op/Association

  • Common Amenities: Doorman, Elevator, Security
  • Complex Name: The Wells Fargo Building
  • Maintenance Fee Includes: Water, Parking
  • Management Contact Info: 201-722-9600 Ext 103

Fee Information

  • Mo Fee Year: 2019
  • Monthly Maintenance Fee: 873

Lot Info

  • Geo Address Line: 299 Pavonia Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 08/27/2020
  • Geo Zoom Level: 16
  • Lot: 00028

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 17500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2017
Sold by
Bermudez Felix Melanie and Bermudezfelix Melanie Bermudezfelix
Bought by
Engblom Bo M and Engblom Victoria C
Current Estimated Value
$1,839,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.9%

Purchase Details

Closed on
Dec 2, 2005
Sold by
Arroyo Kelly Little and Arroyo Manuel
Bought by
Simpson James N and Simpson Maryann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2003
Sold by
M M M Investors
Bought by
Little Kelly and Arroyo Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
M M M Investors
Bought by
Felix Rolando J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,600
Interest Rate
6.18%
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
Engblom Bo M $1,585,000 --
Simpson James N $995,000 First American Title Ins Co
Little Kelly $410,000 --
Felix Rolando J $532,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Engblom Bo M --
Open Engblom Bo Marten $1,268,000
Previous Owner Simpson James N $96,000
Previous Owner Simpson James N $700,000
Previous Owner Felix Rolando J $200,000
Previous Owner Feliz Rolando J $410,280
Previous Owner Arroyo Manuel $490,000
Previous Owner Little Kelly $322,700
Previous Owner Felix Rolando J $425,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,325,000 -3.6% $528 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $1,375,000 -- $548 / 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 $34,187 $1,531,000 $100,000 $1,431,000
2024 $34,402 $1,531,000 $100,000 $1,431,000
2023 $34,402 $1,531,000 $100,000 $1,431,000
2022 $32,427 $1,531,000 $100,000 $1,431,000
2021 $24,557 $1,531,000 $100,000 $1,431,000
2020 $24,649 $1,531,000 $100,000 $1,431,000
2019 $23,577 $1,531,000 $100,000 $1,431,000
2018 $3,291 $1,531,000 $100,000 $1,431,000
2017 $17,254 $221,200 $7,300 $213,900
2016 $17,035 $221,200 $7,300 $213,900
2015 $16,550 $221,200 $7,300 $213,900
2014 $16,444 $221,200 $7,300 $213,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 202018507

Hudson County MLS

APN: 06-10008-0000-00028-0000-C0110