NOT LISTED FOR SALE

302 Park Ave Hoboken, NJ 07030

Estimated Value: $1,878,000 - $2,981,000

6 Beds
3 Baths
1,920 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $1,430,000 $745 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,096/month

111 Days on Market

Highlights

  • Living Room
  • Baseboard Heating
  • 2-minute walk to Church Square Park
  • Hoboken High School Rated A-

About This Home

As of December 2016

3 FAMILY BRICK ROW HOUSE ON PARK AVENUE. THREE TWO BEDROOM APARTMENTS WITH STRONG RENTS AND UPSIDE POTENTIAL. FIRST FLOOR TENANT HAS EXCLUSIVE USE OF LARGE BACKYARD. SECOND FLOOR TENANT ENJOYS LARGE PRIVATE DECK. TENANTS PAY OWN UTILITIES.

Last Agent to Sell the Property

LAURIE BAER

CORPORATE REALTY License #1007883 Listed on: 05/20/2016

Last Buyer's Agent

LISA RICCA

PRIME REAL ESTATE GROUP License #9590330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,590

Lot Details

  • Lot Dimensions are 16x95

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: PERSONAL PROPERTY OF TENANTS
  • Legal Lot and Block 00036 / 00166
  • Assessor Parcel Number 3880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,590

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Exclusions: PERSONAL PROPERTY OF TENANTS
  • Inclusions: ALL INSTALLED APPLIANCES
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 3880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 6
  • Total Other Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: 2400
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Floor 2 Rent: 2500
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 2250
  • Fl1 Rooms: 4
  • Fl2 Rooms: 4
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Window, Baseboard

Lot Info

  • Geo Address Line: 302 Park Ave
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 12/30/2016
  • Geo Zoom Level: 16
  • Lot: 00036
  • Lot Size: 16X95

Tax Info

  • Year: 2015
  • Taxes: 16590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Dec 28, 2016
Sold by
Aurora Hoboken Realty Iii Llc
Bought by
Unnikrishnan Malti and Unnikrishnan Anil
Seller's Agent
LAURIE BAER
CORPORATE REALTY
Buyer's Agent
LISA RICCA
PRIME REAL ESTATE GROUP
List Price
$1,525,000
Sold Price
$1,430,000
Premium/Discount to List
-$95,000
-6.23%
Current Estimated Value
$2,117,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,260
Avg. Annual Appreciation
3.53%
Original Mortgage
$858,000
Outstanding Balance
$713,141
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,215,162

Purchase Details

Listed on
Oct 18, 2013
Closed on
Oct 4, 2013
Sold by
Simpson David B and Almonte Caroline L
Bought by
Aurora Hoboken Realty Iii Llc
Seller's Agent
LAURIE BAER
CORPORATE REALTY
Sold Price
$2,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Almonte Aurelo and Almonte Caroline
Bought by
Almonte Caroline L

Purchase Details

Closed on
Sep 1, 2005
Sold by
Almonte Aurelio
Bought by
Almonte Aurelio and Almonte Caroline

Purchase Details

Closed on
Oct 12, 2004
Sold by
Magid Micha and Mahtani Navin N
Bought by
Almonte Aurelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
302 Park Avenue Llc
Bought by
Magid Micha and Mahtani Nayin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 22, 2001
Sold by
Covello Joseph V and Covello Diane H
Bought by
302 Park Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.93%
Mortgage Type
Stand Alone First
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
Unnikrishnan Malti $1,430,000 New Jersey Land Title
Aurora Hoboken Realty Iii Llc $122,000 Agent For Old Republic
Almonte Caroline L -- --
Almonte Aurelio -- None Available
Almonte Aurelio $830,000 --
Magid Micha $595,000 --
302 Park Avenue Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unnikrishnan Malti $858,000
Previous Owner Almonte Aurelio $664,000
Previous Owner Magid Micha $476,000
Previous Owner 302 Park Avenue Llc $218,000
Previous Owner Covello Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $1,430,000 -6.2% $745 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $1,525,000 0.0% $794 / Sq Ft
11/01/2013 11/01/13 Rented $2,400 0.0% --
10/28/2013 10/28/13 Under Contract -- -- --
10/18/2013 10/18/13 For Rent $2,400 0.0% --
10/04/2013 10/04/13 Sold $1,122,000 -6.4% $584 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $1,199,000 -- $624 / 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
2024 $18,053 $1,108,200 $501,600 $606,600
2023 $18,053 $1,108,200 $501,600 $606,600
2022 $17,742 $1,108,200 $501,600 $606,600
2021 $17,731 $1,108,200 $501,600 $606,600
2020 $17,853 $1,108,200 $501,600 $606,600
2019 $17,720 $1,108,200 $501,600 $606,600
2018 $17,510 $1,108,200 $501,600 $606,600
2017 $17,643 $1,108,200 $501,600 $606,600
2016 $17,188 $1,108,200 $501,600 $606,600
2015 $16,590 $1,108,200 $501,600 $606,600
2014 $15,825 $1,108,200 $501,600 $606,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 160007552

Hudson County MLS

APN: 05-00166-0000-00036