NOT LISTED FOR SALE

487 Ocean Ave Unit 1 Jersey City, NJ 07305

Greenville Neighborhood

Estimated Value: $646,000 - $904,000

1 Bed
1.5 Baths
-- Sq Ft
2,004 Sq Ft Lot

Highlights

  • Property is near a park
  • Living Room
  • Central Air
  • Liberty High School Rated A-
  • Community Playground
  • Dining Room

About This Home

As of December 2023

Welcome to 487 Ocean Ave in Jersey City! This newly renovated 1-bedroom, 1.5-bathroom rental features a private yard and in-unit laundry for your convenience.The spacious apartment is perfect for relaxing after a long day, while the modern kitchen is equipped with stainless steel appliances and ample storage for all your cooking needs. The open living area is ideal for entertaining guests, with plenty of natural light pouring in through the large windows.Enjoy the luxury of having your own private yard, perfect for summer barbecues and outdoor relaxation. And with in-unit laundry, you'll never have to worry about finding a laundromat again.Located in a prime location, close to bus and light-rail transportation, restaurant's and shopping and all that Jersey City has to offer. Don't miss out on this amazing opportunity to make 487 Ocean Ave your new home!

Last Agent to Rent the Property

Jeffrey Radlin

COLDWELL BANKER License #0562679 Listed on: 08/31/2023

COLDWELL BANKER

Last Renter's Agent

Jeffrey Radlin

COLDWELL BANKER License #0562679 Listed on: 08/31/2023

COLDWELL BANKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,492

Year Built

  • 1880

Lot Details

  • 2,004

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

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

  • Central Air
  • Heat Pump System

Community Details

  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 23781

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,492

Year Built

1880

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Rental Amount: 1996
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 23781
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1880

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Bedrooms: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1

Utilities

  • Heating/Cooling: A/C Central, Heat Pump

Condo/Co-op/Association

  • Common Amenities: Play Area, Storage

Lot Info

  • Geo Address Line: 487 Ocean Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Teitelbaum Joel
Bought by
Otoole Kevin
Current Estimated Value
$766,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$405,045
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$361,079

Purchase Details

Closed on
Nov 1, 2019
Sold by
Bh 177 Llc
Bought by
Teitelbaum Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Jersey Ocean Holdings Limited Liability
Bought by
Bh 177 Llc

Purchase Details

Closed on
Oct 21, 2014
Sold by
487 Ocean Avenue Llc
Bought by
Jersey Ocean Holdings Llc

Purchase Details

Closed on
Sep 29, 2012
Sold by
Chillari Frank X
Bought by
487 Ocean Avenue Llc

Purchase Details

Closed on
Aug 15, 2006
Sold by
Augustine Stacy
Bought by
Simeon Alex and Simeon Jean Claude

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
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Barnes & Newell Unlimited Inc
Bought by
Augustine Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,580
Interest Rate
7.2%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 26, 2001
Sold by
Mcnear Keith and Cooper Claudette
Bought by
Delta Funding Home Equity Loan Tr 1999-1

Purchase Details

Closed on
Jul 18, 2000
Sold by
Mcnear Keith
Bought by
Duncan Adriane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1998
Sold by
Robinson Herley and Robinson Estelle
Bought by
Mcnear Keith

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
12.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Otoole Kevin $700,000 Old Republic National Title In
Otoole Kevin $700,000 Old Republic National Title In
Teitelbaum Joel -- None Available
Bh 177 Llc $200,000 Agent For Fidelity Natl Titl
Jersey Ocean Holdings Llc -- None Available
487 Ocean Avenue Llc $67,000 None Available
Simeon Alex $280,000 None Available
Augustine Stacy $170,500 --
Barnes & Newell Unlimited Inc $85,000 --
Delta Funding Home Equity Loan Tr 1999-1 -- --
Duncan Adriane $150,000 --
Mcnear Keith $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otoole Kevin $420,000
Closed Otoole Kevin $420,000
Previous Owner Teitelbaum Joel $434,000
Previous Owner Simeon Alex $224,000
Previous Owner Augustine Stacy $129,580
Previous Owner Duncan Adriane $148,773
Previous Owner Mcnear Keith $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Rented $1,996 0.0% --
10/25/2023 10/25/23 Under Contract -- -- --
08/31/2023 08/31/23 For Rent $1,996 -- --
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 $13,492 $604,200 $67,300 $536,900
2024 $13,576 $604,200 $67,300 $536,900
2023 $13,576 $604,200 $67,300 $536,900
2022 $12,797 $604,200 $67,300 $536,900
2021 $9,691 $604,200 $67,300 $536,900
2020 $9,728 $604,200 $67,300 $536,900
2019 $5,644 $366,500 $67,300 $299,200
2018 $1,004 $366,500 $67,300 $299,200
2017 $5,265 $67,500 $5,600 $61,900
2016 $5,198 $67,500 $5,600 $61,900
2015 $5,018 $87,500 $5,600 $81,900
2014 $6,505 $87,500 $5,600 $81,900
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Radlin

    Landlord's Agent in 2023

    Jeffrey Radlin

    COLDWELL BANKER

    (201) 705-9999

    2 in this area

    39 Total Sales

    Jeffrey Radlin
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 230014519

Hudson County MLS

APN: 06-25002-0000-00020

New Jersey Hudson County Jersey City 07305 Greenville

487 Ocean Ave Unit 1, 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.

Nearby Homes