NOT LISTED FOR SALE

48 W 54th St Unit 1-4 Bayonne, NJ 07002

North Bayonne Neighborhood

Estimated Value: $775,672 - $945,000

7 Beds
4 Baths
-- Sq Ft
2,962 Sq Ft Lot

Last Sold January 12, 2017

Last sale price $510,000

Est. 69% increase in value since last sale

Current estimated payment $5,953/month

4 Days on Market

Highlights

  • Brownstone
  • Living Room
  • Baseboard Heating

About This Home

As of January 2017

Excellent income producing opportunity in Bayonne's uptown hustle and bustle area, fully occupied 4 family, separate utilities, expansive enclosed backyard for tenants, large clean, organized basement with storage units for each unit. 1-1 bd, 3-2 bd rms. Well maintained and managed property generating 50,400 gross income, 2 years new roof, low taxes. Desirable proximity to NJ Trpk, Newark airport, neighborhood has Walgreen's, Rite Aid, Bayonne Diner & Bistro, banks, super markets, restaurants, cleaners, shops and bars, multiple transportation sources to JSQ, Exchange Place, and direct bus to Wall St, light rail and much more.

Last Agent to Sell the Property

Jeffrey Lee

WEICHERT REALTORS License #1222868 Listed on: 09/28/2016

WEICHERT REALTORS

Last Buyer's Agent

Jeffrey Lee

WEICHERT REALTORS License #1222868 Listed on: 09/28/2016

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,275

Lot Details

  • Lot Dimensions are 29.45x100

Home Design

  • Brownstone
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms

Utilities

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

Community Details

  • Insurance Expense $1,750
  • Water Sewer Expense $3,588

Listing and Financial Details

  • Exclusions: Owner and tenants personal property
  • Legal Lot and Block 00038 / 00035
  • Assessor Parcel Number 688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,275

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Brownstone
  • Exclusions: Owner and tenants personal property
  • Inclusions: All major appliances
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 688
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Unfinished
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 7
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • First Floor Bedrooms: 3
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Floor 1 Rent: 1,900.00
  • Second Floor Bedrooms: 4
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 2
  • Floor 2 Living Rooms: 2
  • Floor 2 Rent: 2,300.00
  • Fl1 Rooms: 7
  • Fl2 Rooms: 8

Exterior Features

  • Exterior Finish: Block, Brick

Garage/Parking

  • Parking Available: Other-See Remarks
  • Annual Water Sewer Expense: 2016

Utilities

  • Heating/Cooling: A/C Window, Baseboard, Gas, Hot Water
  • Annual Insurance Expense: 2016

Fee Information

  • Insurance Expense: 1750
  • Water Sewer Expenses: 3588

Lot Info

  • Geo Address Line: 48 W 54th St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 01/13/2017
  • Geo Zoom Level: 16
  • Lot: 00038
  • Lot Size: 29.45x100

Tax Info

  • Year: 2015
  • Taxes: 11275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
48 West 54 St Llc
Bought by
Kaufman Miriam
Current Estimated Value
$861,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2021
Sold by
Redwood Nj Bridge Partners Lp
Bought by
48 West 54 St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2021
Sold by
Passaic Reo Ventures Llc and New Vistas Corporation
Bought by
Redwood Nj Bridge Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2021
Sold by
Passaic Reo Ventures Llc
Bought by
Redwood Nj Bridge Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2021
Sold by
Bayonne Reo Ventures Llc
Bought by
Redwood Nj Bridge Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 12, 2017
Sold by
Wu Fa Yu
Bought by
Bayonne Reo Ventures Llc
Seller's Agent
Jeffrey Lee
WEICHERT REALTORS
Buyer's Agent
Jeffrey Lee
WEICHERT REALTORS
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$446,000
Interest Rate
4.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 3, 2013
Sold by
Ramdat Sewpersaud and Ramdat Leila
Bought by
Wu Fa Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2000
Sold by
Sanphilip Anthony J and Sanphilip Maria
Bought by
Ramdat Sewpersaud and Ramdat Leila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.89%

Purchase Details

Closed on
May 7, 1996
Sold by
Kolakowski Henry W and Kolakowski Helen C
Bought by
Sanphilip Anthony J and Sanphilip Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Kaufman Miriam -- None Listed On Document
48 West 54 St Llc $600,000 None Available
Redwood Nj Bridge Partners Lp $300,000 None Listed On Document
Redwood Nj Bridge Partners Llc $300,000 First Ntnwd Ttl Agcy Llc
Redwood Nj Bridge Partners Lp $375,000 First Ntnwd Ttl Agcy Llc
Bayonne Reo Ventures Llc $510,000 Old Republic National Title
Wu Fa Yu $365,000 Title Vest Agency Inc
Ramdat Sewpersaud $162,000 --
Sanphilip Anthony J $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaufman Miriam $648,750
Previous Owner 48 West 54 St Llc $490,000
Previous Owner Redwood Nj Bridge Partners Lp $4,100,000
Previous Owner Redwood Nj Bridge Partners Llc $4,100,000
Previous Owner Reo Ventures Llc $3,400,000
Previous Owner Bayonne Reo Ventures Llc $446,000
Previous Owner Wu Fa Yu $224,000
Previous Owner Ramdat Sewpersaud $233,500
Previous Owner Ramdat Sewpersaud $177,760
Previous Owner Ramdat Sewpersaud $10,327
Previous Owner Ramdat Sewpersaud $76,125
Previous Owner Ramdat Sewpersaud $120,000
Previous Owner Sanphilip Anthony J $25,000
Previous Owner Sanphilip Anthony J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $510,000 -7.1% --
10/02/2016 10/02/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $549,000 -- --
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 $15,090 $539,700 $176,700 $363,000
2024 $14,480 $539,700 $176,700 $363,000
2023 $14,480 $539,700 $176,700 $363,000
2022 $14,210 $539,700 $176,700 $363,000
2021 $14,097 $539,700 $176,700 $363,000
2020 $13,849 $539,700 $176,700 $363,000
2019 $12,263 $142,100 $72,500 $69,600
2018 $12,019 $142,100 $72,500 $69,600
2017 $11,708 $142,100 $72,500 $69,600
2016 $11,276 $142,100 $72,500 $69,600
2015 $10,905 $142,100 $72,500 $69,600
2014 $10,579 $142,100 $72,500 $69,600
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Lee

    Seller's Agent in 2017

    Jeffrey Lee

    Weichert Corporate

    (201) 218-3254

    12 in this area

    26 Total Sales

    Jeffrey Lee
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Map

Source: Hudson County MLS

MLS Number: 160014444

Hudson County MLS

APN: 01-00035-0000-00038

New Jersey Hudson County Bayonne 07002 North Bayonne

48 W 54th St Unit 1-4, Bayonne, NJ

This home is located at 48 W 54th St Unit 1-4, Bayonne, NJ 07002 since 28 September 2016 and is currently estimated at $861,668. 48 W 54th St Unit 1-4 is a home located in Hudson County with nearby schools including Bayonne High School and T.E.T. Christian Academy.

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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