Seller's Agent in 2021
LOU RAMOS
REAL
(201) 388-9000
4 in this area
16 Total Sales
42 W 55th St Bayonne, NJ 07002
North Bayonne NeighborhoodEstimated Value: $732,000 - $800,000
7
Beds
5
Baths
2,142
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Living Room
- Dining Room
- Baseboard Heating
About This Home
As of December 20212 family duplex home new to the market in Bayonne, NJ. This home offers: 7 bedrooms, 2 kitchens, 3 Living spaces, 5 bathrooms, clean unfinished basement, backyard, private side entrance with access to all floors, separate utilities, 2721 square feet on a 25 X 100 lot. The first floor (turnkey) is vacant with a potential rent roll up to $2100.00 a month. The second floor duplex (turnkey) is vacant with a potential rent roll up to $2900.00 a month. This home is an investor's dream with up to a 8% cap rate. This gem is a commuters delight...close to public transportation, major highways, NJ Turnpike, Holland Tunnel, schools, parks, places of worship, shopping and medical facilities. Viewings 48 hours in advance due to Covid-19 regulations. All parties must wear face mask at viewings. The Lead-Based Paint Disclosure form are available on the HCMLS and GSMLS. The property has no oil tank. The certificate of approval from the city of Bayonne is available in the downloads section of the MLS. All parties attending must wear a face mask.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,707
Lot Details
- Lot Dimensions are 25 x 100
Home Design
- Aluminum Siding
Interior Spaces
- Multi-Level Property
- Living Room
- Dining Room
- Unfinished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 7 Bedrooms | 3 Main Level Bedrooms
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Exclusions: All personal property.
- Legal Lot and Block 32 / 31
- Assessor Parcel Number 547
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2021
Closed on
Dec 20, 2021
Sold by
Jakleen Abdel-Malek
Bought by
Barbato Jasmini and Barbato Michael
Seller's Agent
LOU RAMOS
REAL
Buyer's Agent
NORIS SAINTIL
COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
List Price
$589,000
Sold Price
$575,000
Premium/Discount to List
-$14,000
-2.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,222
Avg. Annual Appreciation
7.71%
Original Mortgage
$564,585
Outstanding Balance
$519,340
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$245,882
Purchase Details
Closed on
Aug 6, 2007
Sold by
U S Bank Na
Bought by
Abdel Malek Jakleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2006
Sold by
Fields Paul
Bought by
U S Bank Na and Credit Service First Boston Mbs Armt 200
Purchase Details
Closed on
Mar 8, 2004
Sold by
Mjo Houses Llc
Bought by
Fields Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 16, 2003
Sold by
Jones John H
Bought by
Mjo Houses Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
5.34%
Mortgage Type
Stand Alone First
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barbato Jasmini | $575,000 | Stewart Title | |
| Abdel Malek Jakleen | $385,000 | First American Title Ins Co | |
| U S Bank Na | -- | Land Title Services Of New J | |
| Fields Paul | $15,000 | Old Republic National Title | |
| Mjo Houses Llc | $185,000 | Old Republic Natl Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barbato Jasmini | $564,585 | |
| Previous Owner | Abdel Malek Jakleen | $385,000 | |
| Previous Owner | Fields Paul | $373,500 | |
| Previous Owner | Mjo Houses Llc | $174,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2021 12/21/21 | Sold | $575,000 | +1.1% | $268 / Sq Ft |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- |
| 11/01/2021 11/01/21 | Price Changed | $569,000 | -3.4% | $266 / Sq Ft |
| 09/28/2021 09/28/21 | Price Changed | $589,000 | +0.2% | $275 / Sq Ft |
| 09/26/2021 09/26/21 | Price Changed | $588,000 | -0.2% | $275 / Sq Ft |
| 09/08/2021 09/08/21 | For Sale | $589,000 | -- | $275 / Sq Ft |
Source: Hudson County MLS
Tax History Compared to Growth
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 | $13,001 | $465,000 | $180,000 | $285,000 |
| 2024 | $12,476 | $465,000 | $180,000 | $285,000 |
| 2023 | $12,476 | $465,000 | $180,000 | $285,000 |
| 2022 | $13,039 | $495,200 | $180,000 | $315,200 |
| 2021 | $12,935 | $495,200 | $180,000 | $315,200 |
| 2020 | $12,707 | $495,200 | $180,000 | $315,200 |
| 2019 | $10,278 | $119,100 | $62,500 | $56,600 |
| 2018 | $10,073 | $119,100 | $62,500 | $56,600 |
| 2017 | $9,813 | $119,100 | $62,500 | $56,600 |
| 2016 | $9,451 | $119,100 | $62,500 | $56,600 |
| 2015 | $9,140 | $119,100 | $62,500 | $56,600 |
| 2014 | $8,867 | $119,100 | $62,500 | $56,600 |
Source: Public Records
Agents Affiliated with this Home
-
LOU RAMOS
-
JENNIFER ARBELO
J
Seller Co-Listing Agent in 2021
JENNIFER ARBELO
REAL
(201) 503-5056
3 in this area
12 Total Sales
-
NORIS SAINTIL
N
Buyer's Agent in 2021
NORIS SAINTIL
COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
(201) 456-9185
2 in this area
6 Total Sales
Map
Source: Hudson County MLS
MLS Number: 210020997
APN: 01-00031-0000-00032
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