NOT LISTED FOR SALE

Estimated Value: $599,000

4 Beds
4 Baths
2,994 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 480 Ocean Ave, Jersey City, NJ 07305 and is currently estimated at $599,000, approximately $200 per square foot. 480 Ocean Ave is a home located in Hudson County with nearby schools including Whitney M. Young Jr. Community School, Henry Snyder High School, and Lincoln High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2017
Sold by
Jersey City Redevelopment Agency
Bought by
Garden State Episcopal Community Develop
Current Estimated Value
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2015
Sold by
Neustein Simon
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,426
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 9, 2005
Sold by
Brea Catherine
Bought by
Neustein Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Ayres Earl
Bought by
Brea Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Interest Rate
5.47%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2002
Sold by
Harris Raymond and Harris Lasharn
Bought by
Ayres Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
11.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 1999
Sold by
Robinson Herley and Robinson Estella
Bought by
Harris Raymond and Harris Lasharn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.5%
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.

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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.

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First American

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Quantarium

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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
Garden State Episcopal Community Develop -- None Available
Wells Fargo Bank Na -- Attorney
Neustein Simon $262,000 East Coast Title Agency
Brea Catherine $250,000 Tracker Title Agency Llc
Ayres Earl $160,000 Chicago Title Insurance Co
Harris Raymond $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garden State Episcopal Cmnty Dev Corp $45,000
Closed Community Loan Fund Of New Jersey Inc $45,000
Open Garden State Episcopal Community Develop $401,725
Closed Jersey City Redevelopment Agency $250,000
Previous Owner Garden State Episcopal Cdc $605,426
Previous Owner Garden State Episcopal Community Develop $605,426
Previous Owner Neustein Simon $316,000
Previous Owner Neustein Simon $39,500
Previous Owner Neustein Simon $235,800
Previous Owner Villaman Eduardo M $19,797
Previous Owner Brea Catherine $243,600
Previous Owner Ayers Earl $144,000
Previous Owner Ayres Earl $8,000
Previous Owner Harris Raymond $130,500
Source: Public Records

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 $4,716 $211,200 $80,000 $187,500
2024 $4,746 $211,200 $80,000 $187,500
2023 $4,746 $211,200 $0 $0
2022 $4,473 $211,200 $0 $0
2021 $3,388 $211,200 $0 $0
2020 $3,400 $211,200 $0 $0
2019 $6,160 $400,000 $80,000 $320,000
2018 $521 $176,000 $76,000 $100,000
2017 $5,093 $65,300 $10,700 $54,600
2016 $0 $65,300 $10,700 $54,600
2015 -- $65,300 $10,700 $54,600
2014 $4,854 $65,300 $10,700 $54,600
Source: Public Records

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