NOT LISTED FOR SALE

Estimated Value: $520,000 - $607,000

2 Beds
2 Baths
1,224 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $440,000 $359 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,667/month

About This Home

As of September 2021

IDEAL OPPORTUNITY FOR INVESTOR / DEVELOPER. Property APPROVED by Bayonne Planning Board to convert existing 2 Family to a 4 Family dwelling. Property located in prime TDD district- located 3 blocks from 34 St. Light Rail station. Existing rubberized asphalt roof less than 5 yrs old. Unit 1- vacant, Unit 2- tenant paying $975 monthly rent. Unit 2 HW boiler 2yrs old.

Last Agent to Sell the Property

SUN-MEN YAU

WEICHERT REALTORS License #1111442 Listed on: 03/26/2021

Last Buyer's Agent

SUN-MEN YAU

WEICHERT REALTORS License #1111442 Listed on: 03/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,224

Lot Details

  • Lot Dimensions are 95 x 34

Parking

  • 3 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,219
  • Water Sewer Expense $1,255

Listing and Financial Details

  • Legal Lot and Block 12 / 409
  • Assessor Parcel Number 12415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,224

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 12415
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 2
  • Basement: Unfinished
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: VACANT
  • Second Floor Bedrooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: $975
  • Fl1 Rooms: 3
  • Fl2 Rooms: 3

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars
  • Annual Water Sewer Expense: 2020

Utilities

  • Heating/Cooling: A/C Window, Baseboard, Gas, Hot Water
  • Annual Insurance Expense: 2020

Fee Information

  • Insurance Expense: 1219
  • Water Sewer Expenses: 1255

Lot Info

  • Geo Address Line: 448 Avenue E
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Update Timestamp: 03/26/2021
  • Geo Zoom Level: 16
  • Lot: 12
  • Lot Size: 95 x 34

Tax Info

  • Taxes: 7224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Sep 17, 2021
Sold by
Mansui Ventures Limited Liability Compan
Bought by
Cody Daniel
Seller's Agent
SUN-MEN YAU
WEICHERT REALTORS
Buyer's Agent
SUN-MEN YAU
WEICHERT REALTORS
List Price
$599,000
Sold Price
$440,000
Premium/Discount to List
-$159,000
-26.54%
Current Estimated Value
$547,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,147
Avg. Annual Appreciation
5.23%
Original Mortgage
$330,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2017
Sold by
Yau Sun Men
Bought by
Mansui Ventures Limited Liability Compan

Purchase Details

Listed on
Oct 24, 2015
Closed on
Feb 16, 2016
Sold by
448 Avenue E Property Holdings Llc
Bought by
Yau Sun Men
Seller's Agent
AVNER ZVULUN
RE/MAX SELECT
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Jun 2, 2014
Sold by
Macwcp Iii Corp
Bought by
448 Avenue E Property Holdings Llc

Purchase Details

Closed on
Nov 19, 2001
Sold by
Moustafa Abdullah
Bought by
Fayed Ibrahim

Purchase Details

Closed on
Apr 7, 1997
Sold by
Cassidy Joseph T
Bought by
Moustafa Abdalla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,829
Interest Rate
7.88%
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
Cody Daniel $440,000 Ritchie Dennis C
Mansui Ventures Limited Liability Compan -- None Available
Yau Sun Men $190,000 None Available
448 Avenue E Property Holdings Llc $125,000 The Security Title Guarantee
Fayed Ibrahim $140,000 --
Moustafa Abdalla M $80,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cody Daniel $330,000
Previous Owner Moustafa Abdalla M $107,829
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $440,000 -11.1% $359 / Sq Ft
05/21/2021 05/21/21 Price Changed $495,000 -2.8% $404 / Sq Ft
05/03/2021 05/03/21 Price Changed $509,000 -15.0% $416 / Sq Ft
03/26/2021 03/26/21 For Sale $599,000 +215.3% $489 / Sq Ft
02/16/2016 02/16/16 Sold $190,000 -15.6% $155 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $225,000 -- $184 / 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 $8,497 $303,900 $175,500 $128,400
2024 $8,154 $303,900 $175,500 $128,400
2023 $8,154 $303,900 $175,500 $128,400
2022 $8,002 $303,900 $175,500 $128,400
2021 $7,938 $303,900 $175,500 $128,400
2020 $7,798 $303,900 $175,500 $128,400
2019 $7,223 $83,700 $63,700 $20,000
2018 $7,079 $83,700 $63,700 $20,000
2017 $6,896 $83,700 $63,700 $20,000
2016 $8,459 $106,600 $69,000 $37,600
2015 $9,216 $120,100 $69,000 $51,100
2014 $8,941 $120,100 $69,000 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210007180

Hudson County MLS

APN: 01-00409-0000-00012