NOT LISTED FOR SALE

Estimated Value: $852,000 - $1,043,000

5 Beds
3 Baths
-- Sq Ft
1,612 Sq Ft Lot

Last Sold August 03, 2021

Last sale price $651,550

Est. 45% increase in value since last sale

Current estimated payment $5,955/month

11 Days on Market

Highlights

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

About This Home

As of August 2021

Charming 2 Family Home Nestled in the Heart of the Heights! Situated in one of Jersey City's most desirable neighborhoods, 3 Cambridge Ave, is reminiscent of Brooklyn's trendiest burbs at a fraction of the cost! The first-floor unit of this 2-family home has been tastefully updated while keeping its original charm. The owner's unit features: 2 bed and 1 bath, 10 ft ceilings, original crown moldings, wood detail, eat in kitchen, living room with large bay windows, direct access to the backyard patio and an unfinished basement which makes it perfect for entertaining. The basement also contains a separate entrance, 2 bonus bedrooms, a full bathroom, and a washer/dryer hook up, which allows the space to be utilized as a family recreational area, laundry room, or can be converted into an owner's duplex unit. The rental unit features: 3 bedrooms and 1 bath and has the same original design characteristics. Each unit has separate utilities. Potential to be Delivered Vacant. Perfect for the first-time homebuyer looking to offset their mortgage with rental income, perfect for investors looking to convert each unit into condominiums, and/or perfect for the family that just wants to use it as a large single family. This home has it all and the possibilities are endless! Conveniently located between Palisades Ave and Central Ave. Steps away from Restaurants, Bakeries, Shopping, Bus Lines, NJ Path Station, the Farmer's Market, Dog Runs, Riverview Fisk Park, & NYC!

Last Agent to Sell the Property

Carlos Beltran

COMPASS NEW JERSEY, LLC License #1758295 Listed on: 05/21/2021

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Jill Biggs

COLDWELL BANKER REALTY License #0568727

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,536

Lot Details

  • 1,612

Home Design

  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Exclusions: Light Fixtures first floor unit and foyer and kitchen island (negotiable).
  • Legal Lot and Block 00037 / 04404
  • Assessor Parcel Number 11246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,536

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Exclusions: Light Fixtures first floor unit and foyer and kitchen island (negotiable).
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 11246
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 5
  • Basement: Partial Finish
  • Total Living Rooms: 3
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • Basement Other Rooms: 2
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Utilities

  • Heating/Cooling: Oil, Gas

Lot Info

  • Geo Address Line: 3 Cambridge Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00037

Tax Info

  • Taxes: 8536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 27, 2021
Sold by
Stulec Yvonne
Bought by
Gautam Durga
Seller's Agent
Carlos Beltran
COMPASS NEW JERSEY, LLC
Buyer's Agent
Jill Biggs
COLDWELL BANKER REALTY
List Price
$645,000
Sold Price
$651,550
Premium/Discount to List
$6,550
1.02%
Current Estimated Value
$942,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,006
Avg. Annual Appreciation
8.97%
Original Mortgage
$639,748
Outstanding Balance
$581,729
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$360,827

Purchase Details

Closed on
Jan 17, 2017
Sold by
Meyers Paul C and Meyers John E
Bought by
Meyers Paul C and Meyers John E

Purchase Details

Closed on
Jun 21, 2006
Sold by
Stulec Robert and Stulec Yvonne
Bought by
Stulec Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.63%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 2, 1999
Sold by
Hud
Bought by
Stulec Robert and Stulec Yvonne

Purchase Details

Closed on
Dec 15, 1997
Sold by
Spears Howard
Bought by
Hud

Purchase Details

Closed on
Jan 19, 1996
Sold by
Rodriguez Eileen
Bought by
Spears Howard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,704
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 1995
Sold by
Citicorp Mtg Inc
Bought by
Rodriguez Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,704
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gautam Durga $651,550 Able Title Agency Llc
Meyers Paul C -- None Available
Stulec Yvonne -- None Available
Stulec Robert $140,114 --
Hud -- --
Spears Howard L $159,000 --
Rodriguez Eileen $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gautam Durga $639,748
Previous Owner Stulec Yvonne $544,185
Previous Owner Spears Howard L $154,704
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $651,550 +1.0% --
06/01/2021 06/01/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $645,000 -- --
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 $11,839 $530,200 $220,500 $309,700
2024 $11,914 $530,200 $220,500 $309,700
2023 $11,914 $530,200 $220,500 $309,700
2022 $11,230 $530,200 $220,500 $309,700
2021 $8,504 $530,200 $220,500 $309,700
2020 $8,536 $530,200 $220,500 $309,700
2019 $8,165 $530,200 $220,500 $309,700
2018 $1,110 $530,200 $220,500 $309,700
2017 $5,819 $74,600 $15,600 $59,000
2016 $5,745 $74,600 $15,600 $59,000
2015 $5,582 $74,600 $15,600 $59,000
2014 $5,546 $74,600 $15,600 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210012284

Hudson County MLS

APN: 06-04404-0000-00037