NOT LISTED FOR SALE

Estimated Value: $1,803,000 - $2,634,095

12 Beds
8 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold September 18, 2023

Last sale price $2,450,000

Est. 6% decrease in value since last sale

Current estimated payment $15,638/month

108 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Dining Room
  • Dr Ronald McNair High School Rated A+
  • Central Air
  • 2-minute walk to Enos Jones Park

About This Home

As of September 2023

Welcome to this four-family fully occupied property in the very desirable Hamilton Park area of Jersey City. Great investment opportunity! All units were renovated in 2015 with modern upgrades including stainless steel appliances, central a/c and in unit washer/dryer. Each generously sized unit has two bathrooms and three bedrooms plus den, great for home office. Unit 1 has private outdoor space including a deck and spacious yard. Renovated façade in accordance with Historic Preservation; it is painted cedar and brand new roof this year. Enjoy all the area has to offer with close proximity to the PATH, park, restaurants and shopping.

Last Agent to Sell the Property

Patrick Southern

SERHANT NEW JERSEY LLC License #0336749 Listed on: 04/21/2023

SERHANT NEW JERSEY LLC

Last Buyer's Agent

Shaye Lastra

SERHANT NEW JERSEY LLC License #0572921

SERHANT NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,168

Lot Details

  • Lot Dimensions are 25x100

Home Design

  • Contemporary Architecture

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Insurance Expense $5,900

Listing and Financial Details

  • Exclusions: All personal property.
  • Legal Lot and Block 00035 / 08503
  • Assessor Parcel Number 5658

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,168

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Contemporary, Multi-Level
  • Exclusions: All personal property.
  • Inclusions: All major appliances as installed.
  • Lead Paint Form: Yes
  • Section: Downtown
  • Assessor Parcel Number: 5658
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished
  • Total Bathrooms: 8
  • Total Full Baths: 8
  • Total Bedrooms: 12
  • Total Other Rooms: 4
  • Total Dining Rooms: 4
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: $3900.00
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Floor 2 Rent: $3675.00
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1
  • Floor 3 Rent: $3700.00
  • Fourth Floor Bedrooms: 3
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 2
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor4 Other: 1
  • Floor 4 Rent: $3650.00
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6
  • Fl4 Rooms: 6

Exterior Features

  • Exterior Finish: Other-See Remarks

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas

Fee Information

  • Insurance Expense: 5900
  • Other Expense: 3800

Lot Info

  • Geo Address Line: 348 8th St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 04/21/2023
  • Geo Zoom Level: 16
  • Lot: 00035
  • Lot Size: 25X100

Tax Info

  • Taxes: 35168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Apr 19, 2016
Sold by
Pica Frances and Coleman Camille
Bought by
Daval 3 Llc
Seller's Agent
Paul Amatuzzo
HOWARD HANNA RAND REALTY
Buyer's Agent
Tatiana Wagnerova
COLDWELL BANKER
List Price
$1,900,000
Sold Price
$1,460,000
Premium/Discount to List
-$440,000
-23.16%
Current Estimated Value
$2,307,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,365
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
Sep 22, 2015
Closed on
Apr 16, 2016
Sold by
Serrano Anthony
Bought by
Serrano Linda
Seller's Agent
Paul Amatuzzo
HOWARD HANNA RAND REALTY
Buyer's Agent
Tatiana Wagnerova
COLDWELL BANKER
List Price
$1,900,000
Sold Price
$1,460,000
Premium/Discount to List
-$440,000
-23.16%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Decresci Anthony and Decresci Kathleen
Bought by
Coleman Linda
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
Daval 3 Llc $1,460,000 None Available
Daval 3 Llc $1,460,000 None Available
Serrano Linda $10 --
Serrano Linda $10 --
Coleman Linda $5,382 --
Coleman Linda $5,382 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pattanaik Sarthak $1,396,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $2,450,000 -2.0% --
08/07/2023 08/07/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $2,499,000 +71.2% --
04/26/2016 04/26/16 Sold $1,460,000 -23.2% --
11/10/2015 11/10/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $1,900,000 -- --
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 $37,077 $1,660,400 $720,000 $940,400
2024 $37,309 $1,660,400 $720,000 $940,400
2023 $37,309 $1,660,400 $720,000 $940,400
2022 $35,167 $1,660,400 $720,000 $940,400
2021 $26,633 $1,660,400 $720,000 $940,400
2020 $26,732 $1,660,400 $720,000 $940,400
2019 $25,570 $1,660,400 $720,000 $940,400
2018 $2,525 $1,660,400 $720,000 $940,400
2017 $13,237 $169,700 $26,300 $143,400
2016 $13,069 $169,700 $26,300 $143,400
2015 $12,697 $169,700 $26,300 $143,400
2014 $12,616 $169,700 $26,300 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230006430

Hudson County MLS

APN: 06-08503-0000-00035