NOT LISTED FOR SALE

457 Wayne St Jersey City, NJ 07306

Downtown Jersey City Neighborhood

Estimated Value: $823,000 - $1,792,126

8 Beds
6 Baths
529 Sq Ft
$2,527/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $925,000 $1,749 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,515/month

68 Days on Market

Highlights

  • Victorian Architecture
  • Living Room
  • Central Air
  • Liberty High School Rated A-

About This Home

As of May 2016

WOW! 4 Unit Building near booming Journal Square....Tenants pay there own Heat and Hot water, TRUE 5.6% cap rate! Complete gut rehab in 2008, all New plumbing and electric, furnace and hot water heaters, Newer kitchens and baths,central air and hardwood floors.. High, dry walk-out basement with tenant storage and coin- op laundry. No rent control. All ready set up for condo, with four separate deeds. #1-924 sq ft, #2F-388 sq ft, #2R-529 sq ft, #3-980 sq ft. Low expense, just collect $6675 a month rent!

Last Agent to Sell the Property

Janie Spataro

CENTURY 21 PREFERRED REALTY INC License #9331490 Listed on: 11/28/2015

CENTURY 21 PREFERRED REALTY INC

Co-Listed By

Luis Negron

COLDWELL BANKER License #1110188

Last Buyer's Agent

Rachelle Migdal

WEICHERT REALTORS License #0562102

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,162

Lot Details

  • 2,265

Home Design

  • Victorian Architecture
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Living Room
  • Lot Dimensions are 22.75 x 100

Community Details

  • Utility Expense $325
  • Water Sewer Expense $1,724

Listing and Financial Details

  • Legal Lot and Block 00004 / 13501
  • Assessor Parcel Number 86469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,162

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Victorian
  • Inclusions: Refrigerators (4), Dishwashers (4), Stoves (4) and Washer/Dryer in basement.
  • Section: Journal Square
  • Assessor Parcel Number: 86469
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Unfinished, Walk-Out
  • Total Bathrooms: 6
  • Total Full Baths: 6
  • Total Bedrooms: 8
  • Total Living Rooms: 4
  • First Floor Bedrooms: 3
  • First Full Floor Bathrooms: 2
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 2000
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 2
  • Floor 2 Living Rooms: 2
  • Floor 2 Rent: 2775
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Central, Gas
  • Hot Water Expense: 300
  • Hot Water Expense Year: 15
  • Utility Expenses: 325

Fee Information

  • Water Sewer Expenses: 1724

Lot Info

  • Geo Quality: 0.1
  • Lot: 00004
  • Lot Size: 22.75 x 100

Tax Info

  • Year: 16
  • Taxes: 15162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2015
Closed on
May 31, 2016
Sold by
457 Wayne Street Investments Llc
Bought by
Ofrane Etan and Ofrane Rebecca
Seller's Agent
Janie Spataro
CENTURY 21 PREFERRED REALTY INC
Buyer's Agent
Rachelle Migdal
WEICHERT REALTORS
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$1,337,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,032
Avg. Annual Appreciation
3.95%
Original Mortgage
$693,750
Outstanding Balance
$552,148
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$784,884

Purchase Details

Closed on
Aug 24, 2012
Sold by
457 Wayne Street Llc
Bought by
457 Wayn Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Evans Melvin and Evans Elaine
Bought by
457 Wayne Street Llc

Purchase Details

Closed on
Nov 1, 2005
Sold by
Polazzi Eileen and Walsh Eileen
Bought by
Evans Melvin and Evans Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ofrane Etan $925,000 None Available
457 Wayn Street Investments Llc $188,600 First American Title Insuran
457 Wayne Street Investments Llc $199,525 First American Title Insuran
457 Wayne Street Llc -- Commonwealth Land Title Insu
Evans Melvin $435,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ofrane Etan $693,750
Previous Owner 457 Wayne Street Investments Llc $300,000
Previous Owner Evans Melvin $326,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $925,000 0.0% $1,749 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $925,000 -- $1,749 / 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 $17,694 $792,400 $279,000 $513,400
2024 $17,805 $792,400 $279,000 $513,400
2023 $17,805 $792,400 $279,000 $513,400
2022 $16,783 $792,400 $279,000 $513,400
2021 $12,710 $792,400 $279,000 $513,400
2020 $12,758 $792,400 $279,000 $513,400
2019 $12,203 $792,400 $279,000 $513,400
2018 $3,006 $792,400 $279,000 $513,400
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Spataro

    Seller's Agent in 2016

    Janie Spataro

    CENTURY 21 PREFERRED REALTY INC

    (732) 604-4261

    1 in this area

    4 Total Sales

    Janie Spataro
    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Luis Negron

    COLDWELL BANKER

    (201) 744-5965

    1 in this area

    7 Total Sales

    Luis Negron
    Section Image
  • Rachelle Migdal

    Buyer's Agent in 2016

    Rachelle Migdal

    Weichert Corporate

    (646) 528-0189

    21 in this area

    49 Total Sales

    Rachelle Migdal
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 150016123

Hudson County MLS

APN: 06-13501-0000-00004

New Jersey Hudson County Jersey City 07306 Downtown Jersey City

457 Wayne St, Jersey City, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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