NOT LISTED FOR SALE

3552 John F. Kennedy Blvd Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,157,000 - $1,188,216

8 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 09, 2022

Last sale price $999,000

Est. 17% increase in value since last sale

Current estimated payment $7,067/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Baseboard Heating
  • Liberty High School Rated A-
  • Dining Room
  • 3 Car Garage

About This Home

As of March 2022

Welcome to this amazing, one of a kind 3 family house in the HEART of Jersey City Heights, corner of Kennedy Blvd and Congress! This property is perfect for an investor looking for cash flow as the taxes are super low under $7100 a year. Or a great opportunity to live in 1 unit as a primary home and still collect incredible rents/cash flow from the other 2 units This property is impeccably maintained, freshly painted throughout, with hardwood floors, modern tiled kitchens, baseboard heat, ceiling fans, wall A/C units, shared washer dryer in basement, recessed lighting, garage and driveway for 3 cars. Unit #1 is a 2 bedroom 1 bathroom on the ground floor. This unit has exclusive access to a small backyard. Modern and updated kitchen and bathroom and a great layout. Units # 2 and # 3 are identical units. Both units are 3 bedrooms and 1 bathroom each. They both have great open concept kitchen-living room layouts, stainless steel refrigerators and stoves. They are about 1,200 sf each. These three units are being rented right now. Unit #1 is getting $1,500. Unit #2 and #3 are getting $2,150 each. Great investment and income opportunity, in a prime location, with transportation to the city at the door steps, near all major highways, near schools, shopping areas, and Light Rail access right on Congress St.

Last Agent to Sell the Property

JOSEPH CONDURSO

CORCORAN SAWYER SMITH License #1435418 Listed on: 01/18/2022

CORCORAN SAWYER SMITH

Co-Listed By

BRADLEY ROBINSON JR

LIBERTY REALTY LLC License #1221666

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,094

Lot Details

  • Lot Dimensions are 28.72x91.41

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Stucco

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,500
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Legal Lot and Block 37 / 1405
  • Assessor Parcel Number 16020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,094

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Contemporary
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 16020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 8
  • Total Other Rooms: 1
  • Total Dining 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
  • Floor 1 Rent: 1500
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Floor 2 Rent: 2150
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 2150
  • Fl1 Rooms: 4
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Stucco

Garage/Parking

  • Parking Available: 3+ Cars, Garage, Other-See Remarks
  • Annual Water Sewer Expense: 2021

Utilities

  • Heating/Cooling: A/C Window, Baseboard, Gas, Hot Water
  • Annual Insurance Expense: 2021

Fee Information

  • Insurance Expense: 1500
  • Water Sewer Expenses: 1200

Lot Info

  • Geo Address Line: 3552 John F Kennedy Blvd
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 01/18/2022
  • Geo Zoom Level: 16
  • Lot: 37
  • Lot Size: 28.72x91.41

Tax Info

  • Year: 2021
  • Taxes: 7094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
3552 Kennedy Holding Llc
Bought by
3552 Kennedy Blvd Llc
Current Estimated Value
$1,172,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$598,517
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$573,537

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 4, 2022
Sold by
Marvin Mazartegos
Bought by
3552 Kennedy Holding Llc
Seller's Agent
JOSEPH CONDURSO
CORCORAN SAWYER SMITH
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Zarroug Ahmed and Zarroug Sara
Bought by
Mazariegos Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Belhseine Mouina
Bought by
Zarroug Ahmed and Zarroug Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2001
Sold by
Machal Joan A
Bought by
Belhseine Mounia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
9.25%
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
3552 Kennedy Blvd Llc -- Old Republic National Title
3552 Kennedy Holding Llc $999,000 American Land Title
3552 Kennedy Holding Llc $999,000 American Land Title
Mazariegos Marvin $420,000 Millennium Abstract & Title
Zarroug Ahmed $335,000 Fidelity Natl Title Ins Co N
Belhseine Mounia $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3552 Kennedy Blvd Llc $630,000
Closed 3552 Kennedy Blvd Llc $630,000
Previous Owner Mazariegos Marvin $446,500
Previous Owner Mazariegos Marvin $336,000
Previous Owner Zarroug Ahmed $251,000
Previous Owner Belhseine Mounia $246,500
Previous Owner Belhseine Mounia $235,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $999,000 0.0% --
02/03/2022 02/03/22 Off Market $999,000 -- --
01/27/2022 01/27/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $999,000 -- --
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 $9,877 $442,300 $174,000 $268,300
2024 $9,938 $442,300 $174,000 $268,300
2023 $9,938 $442,300 $174,000 $268,300
2022 $9,368 $442,300 $174,000 $268,300
2021 $7,094 $442,300 $174,000 $268,300
2020 $7,121 $442,300 $174,000 $268,300
2019 $6,811 $442,300 $174,000 $268,300
2018 $2,009 $442,300 $174,000 $268,300
2017 $10,530 $135,000 $21,000 $114,000
2016 $10,396 $135,000 $21,000 $114,000
2015 $10,101 $135,000 $21,000 $114,000
2014 $10,036 $135,000 $21,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220001044

Hudson County MLS

APN: 06-01405-0000-00037