$265,000
SOLD MAY 11, 2022
1 Bed
1 Bath
641 Sq Ft
$283/mo HOA Fee

Recently Sold

$413 Per Sq Ft

2% Above List Price

Highlights

  • Property is near a park
  • Wood Flooring
  • Intercom
  • Liberty High School Rated A-
  • Elevator
  • 4-minute walk to Boyd-McGuiness Park

About This Home

As of May 2022

Seeking a piece of history? Own this beautifully laid out 1 bedroom condo in the heart of Jersey City, in the Journal Square area, in an exceptional pre-war elevator building. Just a 15min walk to the JSQ Path Station or a block away from the NJ Transit bus making NYC commuting easy breezy. This unit not only has low HOA fees which includes heat, water, hot water and low taxes, laundry on-site, 24hr security and an on-site superintendent, it also has the new Butterfly MX video intercom and keyless entry both into the building and unit as well as a 24hr security camera. The unit itself boasts character with it's recently restored hardwood floors, renovated kitchen with classic cherry wood cabinets, a large living room and bedroom making it ideal to comfortably work from home. All residents have the pleasure of sharing the sun-drenched courtyard. JCPA parking lot located one block down on Fairmount Avenue. Pet friendly building. Be close to the action in downtown JC. Be sure to research JSQ development plans...

Last Agent to Sell the Property

Maximilian Dorne

COMPASS NEW JERSEY, LLC License #0559270 Listed on: 03/11/2022

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Max Vishnev

COMPASS License #1971896

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,526

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 641 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Exclusions: All personal items
  • Legal Lot and Block 00015 / 14906
  • Assessor Parcel Number 74939

Community Details

Overview

  • Association fees include heat, water, hot water
  • Fairmount Ave Condo Assoc Condos

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,526

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Exclusions: All personal items
  • Inclusions: All major appliances
  • Lead Paint Form: Yes
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Journal Square
  • Assessor Parcel Number: 74939
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1
  • Appliances Included: Microwave, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Bedrooms: 1
  • Total Rooms: 3
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 641
  • Price Per Sq Ft: 413.42

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Radiators

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator, Storage, Wash/Dry Room, Shared Backyard
  • Complex Name: Fairmount Ave Condo Assoc
  • Maintenance Fee Includes: Heat, Water, Hot Water

Fee Information

  • Monthly Maintenance Fee: 283

Lot Info

  • Geo Address Line: 340 Fairmount Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 03/11/2022
  • Geo Zoom Level: 16
  • Lot: 00015

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 3526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
May 10, 2022
Sold by
Byron Washington
Bought by
Rohra Sahil
Seller's Agent
Max Vishnev
COMPASS
Buyer's Agent
Delilah Corales
COMPASS
Sold Price
$1,850
Current Estimated Value
$297,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,207
Avg. Annual Appreciation
3.46%
Original Mortgage
$198,750
Outstanding Balance
$188,379
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$108,678

Purchase Details

Closed on
Mar 5, 2018
Sold by
Alano Thelma P and Alano Benjamin B
Bought by
Washington Byron

Purchase Details

Closed on
Aug 16, 2007
Sold by
Point Capital Kensington & Fairmount Inv
Bought by
Alano Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.7%
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 Type Sale Price Title Company
Deed $265,000 American Land Title
Deed $265,000 American Land Title
Deed $250,000 Old Republic Natl Title Ins
Deed $170,000 Commonwealth Bergen Title Ag
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,750 New Conventional
Closed $198,750 New Conventional
Previous Owner $136,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Rented $1,850 +5.7% --
06/15/2022 06/15/22 Under Contract -- -- --
06/05/2022 06/05/22 For Rent $1,750 0.0% --
05/11/2022 05/11/22 Sold $265,000 +1.9% $413 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $260,000 -- $406 / 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 $4,890 $219,000 $60,000 $159,000
2024 $4,921 $219,000 $60,000 $159,000
2023 $4,921 $219,000 $60,000 $159,000
2022 $4,638 $219,000 $60,000 $159,000
2021 $3,513 $219,000 $60,000 $159,000
2020 $3,526 $219,000 $60,000 $159,000
2019 $3,373 $219,000 $60,000 $159,000
2018 $658 $219,000 $60,000 $159,000
2017 $3,448 $44,200 $1,700 $42,500
2016 $3,404 $44,200 $1,700 $42,500
2015 $3,307 $44,200 $1,700 $42,500
2014 $3,286 $44,200 $1,700 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220004255

Hudson County MLS

APN: 06-14906-0000-00015-0000-C0111