NOT LISTED FOR SALE

462 Monmouth St Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $1,530,000

7 Beds
4 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $1,600,000

Est. 4% decrease in value since last sale

Current estimated payment $9,962/month

17 Days on Market

Highlights

  • Living Room
  • Dining Room
  • 5-minute walk to Enos Jones Park
  • Dr Ronald McNair High School Rated A+
  • Baseboard Heating

About This Home

As of October 2023

Turnkey Investment property!! Look no further for Your Next Great Investment Opportunity! 4 Unit Multi-family home in historic Downtown Jersey City boasts endless possibilities. Live in 1 Unit while renting out the others, or rent out all 4 for Maximum Gain! All Units offer Hardwood and Ceramic Tile flooring throughout and are well maintained. Unit 1 holds a spacious Living/Dining Combo, Kitchen with ceramic tile backsplash, 1 sizable Bedroom, & 1 Updated Full Bath. Units 2-4 hold a Large light & bright Living Room, Eat-in Kitchen with ceramic tile backsplash, 2 generous Bedrooms, and 1 Updated Full Bath. All separate Utilities. Fenced in yard for your privacy. Live in the heart of Downtown Jersey City. This conveniently situated property is a few short blocks to Grove PATH, buses, and Light Rail. Enjoy the many eateries and shops nearby. Take in the fantastic views of the waterfront. Don't wait, come and see for yourself! This one won't last!! **Showings to Begin Sunday, 7/9/23**

Last Agent to Sell the Property

Robert Dekanski

REMAX 1ST ADVANTAGE License #0232901 Listed on: 07/09/2023

REMAX 1ST ADVANTAGE

Last Buyer's Agent

Steven Schulman

COMPASS License #2185259

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,911

Lot Details

  • 1,307

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom

Utilities

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

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Legal Lot and Block 00043 / 11201
  • Assessor Parcel Number 4933

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,911

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Multi-Level
  • Exclusions: Personal Belongings
  • Inclusions: Gas Range Oven, Dishwasher, Microwave, Refrigerator.
  • Lead Paint Form: Yes
  • Section: Downtown
  • Assessor Parcel Number: 4933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 7
  • Total Living Rooms: 4
  • First Floor Bedrooms: 1
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1600
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1800
  • Third Floor Bedrooms: 2
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Fourth Floor Bedrooms: 2
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 1
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Rent: 1700
  • Floor 4 Total Bathrooms: 1
  • Fl4 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: Baseboard, Gas, Hot Water

Lot Info

  • Geo Address Line: 462 Monmouth St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00043

Tax Info

  • Year: 2021
  • Taxes: 21911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Oct 11, 2023
Sold by
Herrera William
Bought by
Knittle Christopher
Seller's Agent
Robert Dekanski
REMAX 1ST ADVANTAGE
Buyer's Agent
Steven Schulman
COMPASS
List Price
$1,499,999
Sold Price
$1,600,000
Premium/Discount to List
$100,001
6.67%
Current Estimated Value
$1,530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,000
Avg. Annual Appreciation
-2.09%
Original Mortgage
$1,499,999
Outstanding Balance
$1,469,532
Interest Rate
7.19%
Mortgage Type
VA
Estimated Equity
$60,468

Purchase Details

Closed on
Mar 10, 2004
Sold by
Herrera William and Herrera Edwin
Bought by
Herrera William
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
Knittle Christopher $1,600,000 Land Title
Knittle Christopher $1,600,000 Land Title
Herrera William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knittle Christopher $1,499,999
Closed Knittle Christopher $1,499,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $1,600,000 +6.7% --
07/26/2023 07/26/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $1,499,999 -- --
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 $22,877 $1,024,500 $450,900 $573,600
2024 $30,694 $1,024,500 $450,900 $573,600
2023 $30,694 $1,366,000 $601,200 $764,800
2022 $28,932 $1,366,000 $601,200 $764,800
2021 $21,911 $1,366,000 $601,200 $764,800
2020 $21,993 $1,366,000 $601,200 $764,800
2019 $21,036 $1,366,000 $601,200 $764,800
2018 $1,339 $1,366,000 $601,200 $764,800
2017 $7,020 $90,000 $7,400 $82,600
2016 $6,931 $90,000 $7,400 $82,600
2015 $6,734 $90,000 $7,400 $82,600
2014 $6,691 $90,000 $7,400 $82,600
Source: Public Records

Agents Affiliated with this Home

  • Robert Dekanski

    Seller's Agent in 2023

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    4 in this area

    2,701 Total Sales

    Robert Dekanski
    Section Image
  • Steven Schulman

    Buyer's Agent in 2023

    Steven Schulman

    COMPASS

    (732) 439-4364

    8 in this area

    76 Total Sales

    Steven Schulman
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 230011313

Hudson County MLS

APN: 06-11201-0000-00043

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

462 Monmouth 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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