NOT LISTED FOR SALE

Estimated Value: $520,000 - $745,000

5 Beds
3 Baths
-- Sq Ft
2,439 Sq Ft Lot

Last Sold February 26, 2015

Last sale price $220,000

Est. 188% increase in value since last sale

Current estimated payment $3,989/month

126 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Baseboard Heating
  • Liberty High School Rated A-
  • Dining Room

About This Home

As of February 2015

2 Family home in fair to average condition, good location. missing appliances in the 2nd unit. Built in 1926. Great investment to add to rental income portfolio. Subject in need of cosmetic repairs thru out. "Bank of America,N.A. employees and employees' household members(including persons deriving their primary means of financial support from a Bank employee), and HTS business partners of the bank are prohibited from purchasing the property, whether directly or indirectly"

Last Agent to Sell the Property

REETESH SOOD

AMERICAS ELITE GROUP LLC Listed on: 10/02/2014

Last Buyer's Agent

REETESH SOOD

AMERICAS ELITE GROUP LLC Listed on: 10/02/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,507

Lot Details

  • 2,439

Parking

  • 1 Parking Space

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: None "AS IS"
  • Legal Lot and Block 00071 / 24703
  • Assessor Parcel Number 21266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,507

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Exclusions: None "AS IS"
  • Inclusions: None "AS IS"
  • Section: West Bergen
  • Assessor Parcel Number: 21266
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 5
  • Basement: Full, Partial Finish
  • Total Dining Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 2
  • Basement Bedrooms: 1
  • Basement Full Bathrooms: 1
  • Basement Kitchens: 1
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: Baseboard, Gas, Hot Water

Lot Info

  • Geo Address Line: 394 Armstrong Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 02/27/2015
  • Geo Zoom Level: 16
  • Lot: 00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2017
Sold by
Garden State Episcopal Community Develop
Bought by
Andrade Jonathan H
Current Estimated Value
$632,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,250
Outstanding Balance
$216,779
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$399,721

Purchase Details

Listed on
Oct 2, 2014
Closed on
Feb 4, 2015
Sold by
Bank Of America Na
Bought by
Garden State Episcopal Community Develop
Seller's Agent
REETESH SOOD
AMERICAS ELITE GROUP LLC
Buyer's Agent
REETESH SOOD
AMERICAS ELITE GROUP LLC
List Price
$265,900
Sold Price
$220,000
Premium/Discount to List
-$45,900
-17.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$1,000,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2014
Sold by
Lopez Ian P and Lopez Sharon Romero
Bought by
Bank Of America Na

Purchase Details

Closed on
May 18, 2004
Sold by
Villaruel Victor and Villaruel Guadalupe
Bought by
Lopez Ian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Villaruel Victor and Villaruel Guadalupe
Bought by
Villaruel Victor and Villaruel Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1995
Sold by
Aguinaldo Elisio P and Aguinaldo Corazon R
Bought by
Villaruel Victor and Villaruel Guadalupe
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
Andrade Jonathan H $305,000 None Available
Garden State Episcopal Community Develop $265,900 None Available
Bank Of America Na -- None Available
Lopez Ian P $295,000 First American Title Ins Co
Villaruel Victor -- First American Title Ins Co
Villaruel Victor $128,920 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Jonathan H $259,250
Previous Owner Andrade Jonathan $113,500
Previous Owner Garden State Episcopal Community Develop $1,000,000
Previous Owner Lopez Ian P $317,500
Previous Owner Lopez Ian P $324,000
Previous Owner Lopez Ian P $280,250
Previous Owner Villaruel Victor $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $220,000 -17.3% --
02/05/2015 02/05/15 Pending -- -- --
10/02/2014 10/02/14 For Sale $265,900 -- --
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 $6,507 $291,400 $89,300 $202,100
2024 $6,548 $291,400 $89,300 $202,100
2023 $6,548 $291,400 $89,300 $202,100
2022 $6,172 $291,400 $89,300 $202,100
2021 $4,674 $291,400 $89,300 $202,100
2020 $4,692 $291,400 $89,300 $202,100
2019 $4,488 $291,400 $89,300 $202,100
2018 $1,690 $291,400 $89,300 $202,100
2017 $8,861 $113,600 $19,800 $93,800
2016 $8,748 $113,600 $19,800 $93,800
2015 $8,500 $113,600 $19,800 $93,800
2014 $8,445 $113,600 $19,800 $93,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 140013485

Hudson County MLS

APN: 06-24703-0000-00071