NOT LISTED FOR SALE

487 Ocean Ave Jersey City, NJ 07305

Greenville Neighborhood

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

6 Beds
-- Bath
3,180 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $700,000 $220 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,170/month

54 Days on Market

About This Home

As of May 2023

This home is located at 487 Ocean Ave, Jersey City, NJ 07305 since 18 January 2023 and is currently estimated at $766,124, approximately $240 per square foot. 487 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.

Last Agent to Sell the Property

Moshe Wigder

TWRG REALTY GROUP Brokerage Phone: 908-355-1717 Listed on: 01/18/2023

Co-Listed By

Chaim Cillo

TWRG REALTY GROUP Brokerage Phone: 908-355-1717

Last Buyer's Agent

JEFFERY RADLIN

PRIME REAL ESTATE GROUP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,492

Lot Details

0

Listing Details

  • County Name: Hudson
  • I D: 5198219
  • Attribution Contact: 908-355-1717
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20.05X99AV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
May 1, 2023
Sold by
Teitelbaum Joel
Bought by
Otoole Kevin
Seller's Agent
Moshe Wigder
TWRG REALTY GROUP
Buyer's Agent
JEFFERY RADLIN
PRIME REAL ESTATE GROUP
List Price
$710,000
Sold Price
$700,000
Premium/Discount to List
-$10,000
-1.41%
Views
269
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.
Estimated Appreciation
$66,124
Avg. Annual Appreciation
3.57%
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

Listed on
Jun 23, 2015
Closed on
Nov 20, 2015
Sold by
Jersey Ocean Holdings Limited Liability
Bought by
Bh 177 Llc
Seller's Agent
Polycarp Ubah
COLDWELL BANKER REALTY
Buyer's Agent
Amos Elroy
EXIT ON THE HUDSON REALTY
List Price
$259,000
Sold Price
$200,000
Premium/Discount to List
-$59,000
-22.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%

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

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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
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 Prior Sale
05/03/2023 05/03/23 Sold $700,000 -1.4% $220 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $710,000 +255.0% $223 / Sq Ft
11/20/2015 11/20/15 Sold $200,000 -22.8% $63 / Sq Ft View Prior Sale
10/19/2015 10/19/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $259,000 -- $81 / Sq Ft
Source: Garden State 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

  • Moshe Wigder

    Seller's Agent in 2023

    Moshe Wigder

    TWRG REALTY GROUP

    (908) 355-1717

    2 in this area

    39 Total Sales

    Moshe Wigder
    Section Image
  • Chaim Cillo

    Seller Co-Listing Agent in 2023

    Chaim Cillo

    TWRG REALTY GROUP

    (917) 817-9146

    1 in this area

    100 Total Sales

    Chaim Cillo
    Section Image

  • J

    Buyer's Agent in 2023

    JEFFERY RADLIN

    PRIME REAL ESTATE GROUP

  • Polycarp Ubah

    Seller's Agent in 2015

    Polycarp Ubah

    COLDWELL BANKER REALTY

    (201) 963-1400

    3 in this area

    6 Total Sales

    Polycarp Ubah
    Section Image

  • A

    Buyer's Agent in 2015

    Amos Elroy

    EXIT ON THE HUDSON REALTY

    (917) 359-9060

    1 Total Sale

    Amos Elroy
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3825021

Garden State MLS

APN: 06-25002-0000-00020

New Jersey Hudson County Jersey City 07305 Greenville

487 Ocean Ave, Jersey City, NJ

Not Listed for Sale

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