NOT LISTED FOR SALE

Estimated Value: $564,000 - $783,000

4 Beds
2 Baths
-- Sq Ft
2,744 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $475,000

Est. 35% increase in value since last sale

Current estimated payment $3,968/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Detached Garage
  • Dining Room
  • Liberty High School Rated A-
  • Living Room
  • Radiator

About This Home

As of November 2020

Investor opportunity! Fully rented! 2-Family on a quiet block with ample parking! Two 2B/1BA units. Both of nice size and layout. Shared laundry in basement. Detached 2-car garage plus large driveway. Less than a mile to West Side Ave light rail station (approx .70 mi). Close proximity to NJCU & Bus.

Last Agent to Sell the Property

Tara Pareti

PRIME REAL ESTATE GROUP License #1643158 Listed on: 09/15/2020

PRIME REAL ESTATE GROUP

Last Buyer's Agent

Tara Pareti

PRIME REAL ESTATE GROUP License #1643158 Listed on: 09/15/2020

PRIME REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,922

Lot Details

  • Lot Dimensions are 28.25 x 97

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Radiator
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,650
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Exclusions: tenant's personal property
  • Legal Lot and Block 00017 / 24704
  • Assessor Parcel Number 21059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,922

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Exclusions: tenant's personal property
  • Inclusions: Washer & Dryer in basement.
  • Lead Paint Form: Yes
  • Section: Greenville
  • Assessor Parcel Number: 21059
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 4
  • Basement: Full, Unfinished
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1450
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1550
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars, Garage, Detached
  • Annual Water Sewer Expense: 2019

Utilities

  • Heating/Cooling: Hot Air, Electric, Gas, Radiators
  • Annual Insurance Expense: 2020

Fee Information

  • Insurance Expense: 1650
  • Water Sewer Expenses: 1200

Lot Info

  • Geo Address Line: 371 Armstrong Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 09/15/2020
  • Geo Zoom Level: 16
  • Lot: 00017
  • Lot Size: 28.25 x 97

Tax Info

  • Taxes: 3922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 9, 2020
Sold by
Armstrong Real Property Llc
Bought by
Ghobrial Shenouda
Seller's Agent
Tara Pareti
PRIME REAL ESTATE GROUP
Buyer's Agent
Tara Pareti
PRIME REAL ESTATE GROUP
List Price
$449,500
Sold Price
$475,000
Premium/Discount to List
$25,500
5.67%
Current Estimated Value
$641,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,387
Avg. Annual Appreciation
7.13%
Original Mortgage
$380,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Dorey Arthur
Bought by
Armstrong Real Property Llc

Purchase Details

Closed on
Jun 30, 2017
Sold by
Meola Irene T
Bought by
Dorey Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.88%
Mortgage Type
Commercial
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
Ghobrial Shenouda $475,000 Clear Skies Title
Armstrong Real Property Llc $187,500 Chicago Title Ins Co
Dorey Arthur $250,000 Prestige Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghobrial Shenouda $380,000
Previous Owner Dorey Arthur $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $475,000 +5.7% --
09/19/2020 09/19/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $449,500 -- --
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 $5,687 $254,700 $87,300 $167,400
2024 $5,723 $254,700 $87,300 $167,400
2023 $5,723 $254,700 $87,300 $167,400
2022 $5,395 $254,700 $87,300 $167,400
2021 $4,085 $254,700 $87,300 $167,400
2020 $4,101 $254,700 $87,300 $167,400
2019 $3,922 $254,700 $87,300 $167,400
2018 $1,339 $254,700 $87,300 $167,400
2017 $7,020 $90,000 $22,200 $67,800
2016 $6,931 $90,000 $22,200 $67,800
2015 $6,734 $90,000 $22,200 $67,800
2014 $6,691 $121,300 $22,200 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 202020425

Hudson County MLS

APN: 06-24704-0000-00017