NOT LISTED FOR SALE

5 Madison Ave Unit 3 Jersey City, NJ 07304

Bergen-Lafayette Neighborhood

Estimated Value: $839,000 - $1,132,798

1 Bed
1 Bath
-- Sq Ft
1,350 Sq Ft Lot

Highlights

  • Property is near a park
  • Wood Flooring
  • Baseboard Heating
  • Liberty High School Rated A-
  • Living Room
  • 3-minute walk to Arlington Park

About This Home

As of March 2023

Newly Renovated Kitchen, 10 foot ceilings, newly refinished hardwood floors. Tenant pays for Electricity, Gas & Heat.

Last Agent to Rent the Property

RUBEN RODRIGUEZ

PRESTIGE PROPERTY GROUP MONTCLAIR LLC License #1866697 Listed on: 02/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,612

Year Built

  • 1870

Lot Details

  • 1,350

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Wood Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 39968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,612

Year Built

1870

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Rental Amount: 1750
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Multi Family
  • Lead Paint Form: Yes
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 39968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1870

Interior Features

  • Appliances Included: Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Living Rooms: 1
  • Level 3 Bedrooms: 1
  • Level 3 Full Bathrooms: 1
  • Level3 Kitchens: 1
  • Level 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: Baseboard, Gas, Hot Water
  • Ll Hot Water: Y
  • Ll Water: Y

Association/Amenities

  • Amenities Included: Hardwood Floor

Lot Info

  • Geo Address Line: 5 Madison Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95

Tax Info

  • Ll Taxes: Y

Multi Family

  • LeaseTerm: 12 Months

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Desilva Udesh
Bought by
Francisco Celestino
Current Estimated Value
$961,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Outstanding Balance
$506,885
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$454,565

Purchase Details

Closed on
May 18, 2012
Sold by
Mcgill Sharon G
Bought by
Desilva Udesh and Francisco Celestino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1997
Sold by
Ocwen Federal Bank Fsb
Bought by
Mcgill Sharon G

Purchase Details

Closed on
Feb 5, 1996
Sold by
Berkeley Federal Bank & Trust Fsb
Bought by
Mcgill Sharon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1995
Sold by
Webster Edward J
Bought by
Berkeley Federal Bank & Trust Fsb
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
Francisco Celestino $775,000 Town Title Agency Llc
Desilva Udesh $260,000 None Available
Mcgill Sharon G $64,000 --
Mcgill Sharon G $64,000 --
Berkeley Federal Bank & Trust Fsb $1,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francisco Celestino $581,250
Previous Owner Desilva Udesh $195,000
Previous Owner Mcgill Sharon G $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Rented $1,750 0.0% --
02/14/2023 02/14/23 For Rent $1,750 -- --
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 $11,612 $520,000 $81,300 $438,700
2024 $11,684 $520,000 $81,300 $438,700
2023 $11,684 $520,000 $81,300 $438,700
2022 $11,014 $520,000 $81,300 $438,700
2021 $8,341 $520,000 $81,300 $438,700
2020 $8,372 $520,000 $81,300 $438,700
2019 $7,013 $455,400 $81,300 $374,100
2018 $2,009 $455,400 $81,300 $374,100
2017 $10,530 $135,000 $5,800 $129,200
2016 $10,396 $135,000 $5,800 $129,200
2015 $10,101 $135,000 $5,800 $129,200
2014 $10,036 $135,000 $5,800 $129,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2023

    RUBEN RODRIGUEZ

    PRESTIGE PROPERTY GROUP MONTCLAIR LLC

    (973) 860-7595

    19 Total Sales

    RUBEN RODRIGUEZ
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Map

Source: Hudson County MLS

MLS Number: 230002539

Hudson County MLS

APN: 06-18604-0000-00041

New Jersey Hudson County Jersey City 07304 Bergen-Lafayette

5 Madison Ave Unit 3, 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.

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