NOT LISTED FOR SALE

497 Ocean Ave Jersey City, NJ 07305

Greenville Neighborhood

Estimated Value: $590,000 - $833,927

6 Beds
5 Baths
-- Sq Ft
1,699 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $625,000

Est. 21% increase in value since last sale

Current estimated payment $4,734/month

49 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Dining Room
  • Liberty High School Rated A-
  • Central Air

About This Home

As of August 2022

INVESTMENT OPPORTUNITY. Newer construction 2-Family property. Units 1 & 2 feature 3 bedrooms and 2 bathrooms with ample closet space. Bonus unit on ground floor. Property is located near all major transportation. Hardwood flooring throughout the home, cherry wood kitchen cabinets, granite countertops, stainless steel appliances, and more. Attached 1 car garage with driveway. Central air, forced hot air.

Last Agent to Sell the Property

Christopher Pillari

BOUTIQUE REALTY LLC License #1325652 Listed on: 04/14/2022

Last Buyer's Agent

Rajesh Shrestha

COLDWELL BANKER REALTY License #1865056

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,535

Lot Details

  • 1,699

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00017 / 25002
  • Assessor Parcel Number 48925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,535

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary
  • Exclusions: All personal property
  • Inclusions: All attached fixtures
  • Lead Paint Form: Yes
  • Section: Greenville
  • Assessor Parcel Number: 48925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 6
  • Basement: Finished, Full
  • Total Living Rooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: 1200
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: Vacant
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: A/C Central, Gas

Lot Info

  • Geo Address Line: 497 Ocean Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00017

Tax Info

  • Taxes: 6535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Aug 29, 2022
Sold by
Patel Boskiben K
Bought by
Lama Som Nath and Magar Sabita Lama
Seller's Agent
Christopher Pillari
BOUTIQUE REALTY LLC
Buyer's Agent
Rajesh Shrestha
COLDWELL BANKER REALTY
List Price
$669,000
Sold Price
$625,000
Premium/Discount to List
-$44,000
-6.58%
Current Estimated Value
$753,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,482
Avg. Annual Appreciation
5.94%
Original Mortgage
$468,750
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2019
Sold by
Nams Developers Inc
Bought by
Patel Boskiben K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Frasagi Ltd Inc
Bought by
Nams Developers Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lama Som Nath $625,000 --
Lama Som Nath $625,000 None Listed On Document
Patel Boskiben K $475,000 First American Title Ins Co
Nams Developers Inc $175,000 First American Title Ins Co
Frasagi Ltd Inc $160,000 First American Title Ins Co
Goodman George F -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lama Som Nath $468,750
Previous Owner Patel Boskiben K $451,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $625,000 -3.8% --
06/02/2022 06/02/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $649,999 -2.8% --
04/14/2022 04/14/22 For Sale $669,000 -- --
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 $9,064 $405,900 $68,800 $337,100
2024 $9,121 $405,900 $68,800 $337,100
2023 $9,121 $405,900 $68,800 $337,100
2022 $8,597 $405,900 $68,800 $337,100
2021 $6,511 $405,900 $68,800 $337,100
2020 $6,535 $405,900 $68,800 $337,100
2019 $6,251 $405,900 $68,800 $337,100
2018 $1,488 $405,900 $68,800 $337,100
2017 $7,800 $100,000 $35,000 $65,000
2016 $7,701 $100,000 $35,000 $65,000
2015 $7,434 $111,000 $35,000 $76,000
2014 $8,252 $111,000 $35,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Christopher Pillari

    Seller's Agent in 2022

    Christopher Pillari

    BOUTIQUE REALTY LLC

    (201) 668-2848

    3 in this area

    80 Total Sales

    Christopher Pillari
    Section Image
  • Rajesh Shrestha

    Buyer's Agent in 2022

    Rajesh Shrestha

    COLDWELL BANKER REALTY

    (510) 463-7133

    13 in this area

    97 Total Sales

    Rajesh Shrestha
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220006526

Hudson County MLS

APN: 06-25002-0000-00017

New Jersey Hudson County Jersey City 07305 Greenville

497 Ocean Ave, Jersey City, NJ

Not Listed for Sale

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Information is deemed reliable but not guaranteed.

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