NOT LISTED FOR SALE

Estimated Value: $884,000 - $1,057,000

8 Beds
5 Baths
2,616 Sq Ft
$371/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $875,000 $334 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,576/month

72 Days on Market

Highlights

  • Contemporary Architecture
  • Dining Room
  • 2 Car Garage
  • Living Room

About This Home

As of January 2023

Calling all Investors & anyone looking to do a 1031 Exchange. Are you looking for an income producer, with separate utilizes, wonderful tenants & in an awesome location? Look no more this is the one you’ve been waiting for. This 3 family has 8 Bedrooms, 5 full baths, parking & each tenant has their own storage area. It has been recently renovated & all tenants are very happy, respectable & pay their rents on time. Outstanding location, right in the heart of Bayonne, just a few blocks to the 22nd St Lite Rail, Bus on the corner to NYC, PATH & Jersey City. Easy commute to all major highways, Rt 440, NJ Turnpike, Bayonne Bridge to Staten Island & Hospital is down the block. The town of Bayonne has blossomed with an abundance of shopping, excellent restaurants, parks, & so much more. This one is a great investment, gross rents are over $73,000 with a 5.8% cap. Look no more this is the one you’ve been waiting for. Call now for your private tour !!!

Last Agent to Sell the Property

GG Medina

ELITE REALTORS OF NEW JERSEY License #8439214 Listed on: 06/18/2022

ELITE REALTORS OF NEW JERSEY

Last Buyer's Agent

ANGELA CASSADIME

EXP REALTY LLC License #1538637

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,290

Lot Details

  • Lot Dimensions are 31.25 x 100

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,500
  • Water Sewer Expense $2,000

Listing and Financial Details

  • Exclusions: All personal items
  • Legal Lot and Block 10 / 195
  • Assessor Parcel Number 6443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,290

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Contemporary
  • Exclusions: All personal items
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 6443
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 8
  • Total Other Rooms: 3
  • 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
  • Floor1 Other: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1
  • Fl1 Rooms: 4
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 2 Cars, Garage

Utilities

  • Heating/Cooling: A/C Window, Gas

Fee Information

  • Insurance Expense: 1500
  • Water Sewer Expenses: 2000

Lot Info

  • Geo Address Line: 44 W 24th St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/18/2022
  • Geo Zoom Level: 16
  • Lot: 10
  • Lot Size: 31.25 X 100

Tax Info

  • Taxes: 14290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jan 5, 2023
Sold by
Vo Binh
Bought by
Mezzacappa Phyllis
Seller's Agent
GG Medina
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
ANGELA CASSADIME
EXP REALTY LLC
List Price
$875,000
Sold Price
$875,000
Views
116
Current Estimated Value
$970,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,989
Avg. Annual Appreciation
3.18%
Original Mortgage
$437,500
Outstanding Balance
$423,723
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$526,339

Purchase Details

Closed on
Jun 12, 2019
Sold by
Ortiz Henry and Ortiz Danelia
Bought by
Vo Binh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.75%

Purchase Details

Closed on
Jun 3, 2003
Sold by
Vita Francesco and Vita Raffaela
Bought by
Ortiz Henry and Ortiz Danelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mezzacappa Phyllis $875,000 Chicago Title
Vo Binh $588,000 Surety Ttl Agcy Coastal Regi
Ortiz Henry $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mezzacappa Phyllis $437,500
Previous Owner Vo Binh $448,000
Previous Owner First Choice Loan Service S Inc $441,000
Previous Owner Ortiz Henry $271,800
Previous Owner Ortiz Henry $335,000
Previous Owner Vita Francesco $113,000
Previous Owner Vita Francesco $69,020
Previous Owner Vita Francesco $40,000
Previous Owner Vita Francesco $270,000
Previous Owner Vita Francesco $205,499
Previous Owner Vita Francesco $30,000
Previous Owner Vita Francesco $41,000
Previous Owner Vita Francesco $137,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $875,000 0.0% $334 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $875,000 -- $334 / Sq Ft
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 $15,420 $551,500 $160,600 $390,900
2024 $14,679 $551,500 $160,600 $390,900
2023 $14,679 $547,100 $160,600 $386,500
2022 $14,405 $547,100 $160,600 $386,500
2021 $14,290 $547,100 $160,600 $386,500
2020 $14,039 $547,100 $160,600 $386,500
2019 $14,800 $171,500 $62,000 $109,500
2018 $14,505 $171,500 $62,000 $109,500
2017 $14,130 $171,500 $62,000 $109,500
2016 $15,235 $192,000 $62,000 $130,000
2015 $14,734 $192,000 $62,000 $130,000
2014 $14,294 $192,000 $62,000 $130,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 220011192

Hudson County MLS

APN: 01-00195-0000-00010