NOT LISTED FOR SALE

361 Newark Ave Unit 207 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $4,626,000

1 Bed
1 Bath
566 Sq Ft
$8,173/Sq Ft Est. Value

Highlights

  • Views of New York
  • Property is near a park
  • Intercom
  • Dr Ronald McNair High School Rated A+
  • Elevator
  • 2-minute walk to Mary Benson Park

About This Home

As of October 2016

Mill Rocks is a 39 unit residential apartment building located in downtown Jersey City. Taking its name from an area of the historic Mill Creek, an important economic driver in the 1700’s, the building is anything but traditional. Mill Rocks contemporary design and use of modern building materials, make it an edgy and iconic addition to the Jersey City streetscape. This area of downtown Jersey City, aptly named The Village, is cutting edge and eclectic, yet possesses a neighborhood feel that attracts artists, young professionals and longtime Jersey City residents alike for its lower cost and proximity to mass transit. Mill Rocks is located only 7 blocks from the Grove Street PATH station and all the local shops, bars and eateries that make downtown Jersey City a thriving urban destination. Apartments boast quartz kitchen counters with breakfast bars, chrome fixtures, stainless steel appliances, large closets with custom shelving, and polished concrete or engineered hardwood flooring. App-based Laundry room on Mezz Level! Elevator Building. Pet Friendly Building. Package Room. Free amenities include roof deck w/ Midtown NYC views and bike storage. Limited Parking available at $200/mo. www.millrocks-jerseycity.com

Last Agent to Rent the Property

ANDREW CRISARA

KELLER WILLIAMS CITY LIFE JC REALTY License #1224626 Listed on: 10/21/2016

KELLER WILLIAMS CITY LIFE JC REALTY

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $195,711

Year Built

  • 2016

Lot Details

  • 0.51

Parking

  • 1 Parking Space

Interior Spaces

  • 566 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Views of New York
  • Intercom

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

Overview

  • Mill Rocks Condos

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$195,711

Year Built

2016

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Pets Allowed: Y
  • Rental Amount: 1850
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Apartment
  • Apartment Number: 207
  • Building Style: Multi-Level
  • Inclusions: All Appliances and fixtures
  • Miscellaneous: New York View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2016

Interior Features

  • Floor Number: 2
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Oven/Range Electric
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Rooms: 3
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 566
  • Price Per Sq Ft: 3.27

Exterior Features

  • Exterior Finish: Block

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Wall, Electric

Association/Amenities

  • Amenities Included: Intercom

Condo/Co-op/Association

  • Common Amenities: Elevator, Wash/Dry Room
  • Complex Name: Mill Rocks

Lot Info

  • Geo Address Line: 361 Newark Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 03/22/2022
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
361 Newark Avenue Llc
Bought by
Mill Rocks Associates Llc
Current Estimated Value
$4,626,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$9,530,886
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2016
Sold by
Rosemont Properties Llc
Bought by
361 Newark Avenue Llc and Jd Fio Rito Llc

Purchase Details

Closed on
Dec 27, 2014
Sold by
Rosemont Properties Llc
Bought by
361 Newark Ave Llc

Purchase Details

Closed on
Aug 5, 2010
Sold by
361 Newark Avenue Llc
Bought by
Rosemont Properties Llc

Purchase Details

Closed on
Apr 11, 2006
Sold by
361 Newark Avenue Llc
Bought by
New Jersey Turnpike Authority

Purchase Details

Closed on
Aug 5, 2005
Sold by
361 Newark Avenue Llc and Palmaccio Frank
Bought by
361 Newark Avenue Llc

Purchase Details

Closed on
Jan 30, 2003
Sold by
Pappas George G and Pappas Nicholas G
Bought by
361 Newark Avenue Llc
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
Mill Rocks Associates Llc -- Land Title
Mill Rocks Associates Llc -- Land Title
361 Newark Avenue Llc $290,000 Abraham Title Baum
361 Newark Ave Llc $2,900,000 Multiple
Rosemont Properties Llc -- --
New Jersey Turnpike Authority -- None Available
361 Newark Avenue Llc -- --
361 Newark Avenue Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mill Rocks Associates Llc $10,000,000
Closed Mill Rocks Associates Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Rented $1,850 0.0% --
10/26/2016 10/26/16 Under Contract -- -- --
10/21/2016 10/21/16 For Rent $1,850 -- --
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 $195,711 $8,764,500 $3,510,000 $5,254,500
2024 $78,870 $8,764,500 $3,510,000 $5,254,500
2023 $78,870 $3,510,000 $0 $0
2022 $74,342 $3,510,000 $0 $0
2021 $56,300 $3,510,000 $0 $0
2020 $56,511 $3,510,000 $0 $0
2019 $54,054 $8,339,500 $3,510,000 $4,829,500
2018 $6,968 $8,339,500 $3,510,000 $4,829,500
2017 $143,411 $1,838,600 $468,300 $1,370,300
2016 $39,914 $518,300 $468,300 $50,000
2015 $10,722 $143,300 $143,300 $0
2014 $10,653 $143,300 $143,300 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2016

    ANDREW CRISARA

    KELLER WILLIAMS CITY LIFE JC REALTY

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Map

Source: Hudson County MLS

MLS Number: 160015673

Hudson County MLS

APN: 06-10901-0000-00127

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

361 Newark Ave Unit 207, Jersey City, NJ

This home is located at 361 Newark Ave Unit 207, Jersey City, NJ 07302 since 21 October 2016 and is currently priced at $4,626,000. This property was built in 2016. 361 Newark Ave Unit 207 is a home located in Hudson County with nearby schools including Dr. Michael Conti School, Dr Ronald McNair High School, and William L. Dickinson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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