NOT LISTED FOR SALE

481 Jersey Ave Unit 1 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $792,949 - $1,133,000

2 Beds
2 Baths
830 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $525,000 $633 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,209/month

Highlights

  • Property is near a park
  • Rowhouse Architecture
  • Living Room
  • Dr Ronald McNair High School Rated A+
  • Wood Flooring
  • 2-minute walk to Van Vorst Park

About This Home

As of July 2021

Come home to this lovely 2 bedroom + den garden level home off sought after Van Vorst Park. The sleek, open kitchen displays stainless steel appliances, gas range, and exposed brick in the dining area. The living area features private access to a beautiful backyard patio/garden (exclusive) that is ideal for barbecuing and summer parties! The 2nd Bedroom and den are separated by custom frosted glass doors. This home has private access to massive basement storage space (common) perfect for bicycles or other large items you don't want crowding your home! Very close to the Grove St PATH and minutes to delicious restaurants, coffee shops, and lounges. An amazing find!

Last Agent to Rent the Property

Edward Verdel

COMPASS License #1004710 Listed on: 06/23/2021

COMPASS

Last Renter's Agent

Aga Sydor

COMPASS License #2076017

COMPASS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,878

Year Built

  • 1900

Lot Details

  • 2,004

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 830 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Legal Lot and Block 00019 / 12809
  • Assessor Parcel Number 3676

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,878

Year Built

1900

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Pets Allowed: Y
  • Rental Amount: 3800

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Apartment Number: 1
  • Building Style: Row House, Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 3676
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built (Public Record): 1900

Interior Features

  • Floor Number: G
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 830
  • Price Per Sq Ft: 4.58

Exterior Features

  • Exterior Finish: Brick, Stone

Utilities

  • Heating/Cooling: A/C Wall, Baseboard, Gas

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Private Backyard

Lot Info

  • Geo Address Line: 481 Jersey Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/03/2021
  • Geo Zoom Level: 16
  • Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Ye Gu and Chen Wenjie
Bought by
Ye Gu and Chen Wenjie
Current Estimated Value
$913,737

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 13, 2013
Sold by
Somashekara Kiran V and Demaree Julie
Bought by
Ye Gu and Chen Wenjie
Seller's Agent
Jesse Halliburton
PRIME REAL ESTATE GROUP
Buyer's Agent
James Cahill
KELLER WILLIAMS CITY LIFE JC REALTY
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$390,000
Outstanding Balance
$271,567
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$650,636

Purchase Details

Closed on
Dec 5, 2005
Sold by
Chappell Nathan Scott and Morita Katherine Elaine
Bought by
Somashekara Kiran and Demaree Julie

Purchase Details

Closed on
Sep 29, 2003
Sold by
Malley Robert
Bought by
Chappell Nathan Scott and Morita Katherine Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2002
Sold by
Menzie Nancy
Bought by
Malley Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1998
Sold by
Traberman Peter
Bought by
Menzie Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.64%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ye Gu -- None Available
Ye Gu $525,000 Westcor Land Title Ins Co
Somashekara Kiran $553,900 Chicago Title Insurance Co
Chappell Nathan Scott $340,000 --
Malley Robert $134,500 --
Menzie Nancy $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Gu $390,000
Previous Owner Chappell Nathan Scott $34,000
Previous Owner Chappell Nathan Scott $272,000
Previous Owner Malley Robert $113,000
Previous Owner Menzie Nancy $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2021 07/05/21 Rented $3,800 0.0% --
06/23/2021 06/23/21 For Rent $3,800 +8.6% --
09/29/2020 09/29/20 Rented $3,500 0.0% --
09/18/2020 09/18/20 For Rent $3,500 0.0% --
06/17/2013 06/17/13 Sold $525,000 0.0% $404 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $525,000 -- $404 / 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 $14,878 $666,300 $100,000 $566,300
2024 $14,972 $666,300 $100,000 $566,300
2023 $14,972 $666,300 $100,000 $566,300
2022 $14,112 $666,300 $100,000 $566,300
2021 $10,687 $666,300 $100,000 $566,300
2020 $10,727 $666,300 $100,000 $566,300
2019 $10,261 $666,300 $100,000 $566,300
2018 $1,540 $666,300 $100,000 $566,300
2017 $8,073 $103,500 $3,700 $99,800
2016 $7,971 $103,500 $3,700 $99,800
2015 $7,744 $103,500 $3,700 $99,800
2014 $7,694 $103,500 $3,700 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Edward Verdel

    Landlord's Agent in 2021

    Edward Verdel

    COMPASS

    (201) 679-7892

    5 in this area

    134 Total Sales

    Edward Verdel
    Section Image
  • Aga Sydor

    Tenant's Agent in 2021

    Aga Sydor

    COMPASS

    (646) 633-5176

    2 in this area

    40 Total Sales

    Aga Sydor
    Section Image
  • Antonique Hodge

    Buyer's Agent in 2020

    Antonique Hodge

    CORCORAN SAWYER SMITH

    (201) 852-7962

    8 in this area

    50 Total Sales

    Antonique Hodge
    Section Image
  • Jesse Halliburton

    Seller's Agent in 2013

    Jesse Halliburton

    PRIME REAL ESTATE GROUP

    (201) 218-2685

    52 Total Sales

    Jesse Halliburton
    Section Image
  • James Cahill

    Buyer's Agent in 2013

    James Cahill

    KELLER WILLIAMS CITY LIFE JC REALTY

    (917) 771-9574

    2 in this area

    41 Total Sales

    James Cahill
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 210015211

Hudson County MLS

APN: 06-12809-0000-00019-0000-C0001

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

481 Jersey Ave Unit 1, Jersey City, NJ

This home is located at 481 Jersey Ave Unit 1, Jersey City, NJ 07302 since 23 June 2021 and is currently priced at $913,737. This property was built in 1900. 481 Jersey Ave Unit 1 is a home located in Hudson County with nearby schools including Frank R. Conwell School - P.S. 3, James J. Ferris High School, and Dr Ronald McNair High School.

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.

Nearby Homes