NOT LISTED FOR SALE

5 Wallis Ave Jersey City, NJ 07306

West Side Neighborhood

Estimated Value: $856,000 - $1,036,326

7 Beds
3.5 Baths
-- Sq Ft
2,875 Sq Ft Lot

Last Sold March 15, 2016

Last sale price $410,000

Est. 123% increase in value since last sale

Current estimated payment $5,802/month

114 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Baseboard Heating
  • Liberty High School Rated A-
  • Dining Room

About This Home

As of March 2016

A GREAT INVESTMENT PROPERTY & LOCATION! Just around the corner from the new development area on Broadway, near West Side Ave., easy access to 1 & 9, NJTPK, HWY 139 & NYC. Tenants pay all separate utilities. (H/HW/G&E), 3 Residential Units, no commercial, with a current NJ State Green Card, Marion Section of Journal Square off Broadway, $36,600 GROSS ANNUAL INCOME. Taxes $7747. Large cinder block shed in the yard. 21 Wallis (A/K/A 21.5 Wallis), total lot size 26.66 X 100. call TODAY!

Last Agent to Sell the Property

Vivian Drozd

LIBERTY REALTY LLC License #8837218 Listed on: 10/19/2015

LIBERTY REALTY LLC

Last Buyer's Agent

Vivian Drozd

LIBERTY REALTY LLC License #8837218 Listed on: 10/19/2015

LIBERTY REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Lot Details

  • Lot Dimensions are 26.66x100

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $2,673
  • Utility Expense $405
  • Water Sewer Expense $1,772

Listing and Financial Details

  • Exclusions: tenants personal property
  • Legal Lot and Block 00066 / 10203
  • Assessor Parcel Number 29515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Colonial, Multi-Level
  • Exclusions: tenants personal property
  • Inclusions: 3 gas/oven stoves
  • Lead Paint Form: Yes
  • Section: Journal Square
  • Assessor Parcel Number: 29515
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Unfinished
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Bedrooms: 7
  • Total Other Rooms: 1
  • Total Dining Rooms: 1
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Half Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1000
  • Second Floor Bedrooms: 3
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1100
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 950
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None
  • Annual Water Sewer Expense: 15

Utilities

  • Heating/Cooling: Baseboard, Gas
  • Annual Insurance Expense: 15
  • Utility Expenses: 405

Fee Information

  • Insurance Expense: 2673
  • Utility Expense Year: 15
  • Water Sewer Expenses: 1772

Lot Info

  • Geo Match Code: 1
  • Geo Matched Method: 5
  • Geo Quality: 0.2
  • Geo Update Timestamp: 03/15/2016
  • Geo Zoom Level: 16
  • Lot: 00066
  • Lot Size: 26.66x100

Tax Info

  • Year: 15
  • Taxes: 7796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Wahab Deana H
Bought by
Mohammed Raheem U
Current Estimated Value
$913,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,057
Outstanding Balance
$789,931
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$172,815

Purchase Details

Closed on
Jun 29, 2016
Sold by
Akhtar Shabhaz
Bought by
Wahab Deana H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Mohammed Raheem U $825,000 Chicago Title
Mohammed Raheem U $825,000 Chicago Title
Wahab Deana H $450,000 Wfg National Title Ins Co
Wahab Deana H $450,000 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Raheem U $810,057
Previous Owner Wahab Deana H $403,938
Previous Owner Wahab Deana H $406,916
Previous Owner Wahab Deana H $422,211
Previous Owner Akhtar Shanbaz $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $410,000 -6.6% --
02/10/2016 02/10/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $439,000 -- --
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 $10,024 $448,900 $208,000 $240,900
2024 $10,087 $448,900 $208,000 $240,900
2023 $10,087 $448,900 $208,000 $240,900
2022 $9,508 $448,900 $208,000 $240,900
2021 $7,200 $448,900 $208,000 $240,900
2020 $7,227 $448,900 $208,000 $240,900
2019 $6,913 $448,900 $208,000 $240,900
2018 $1,981 $448,900 $208,000 $240,900
2017 $10,382 $133,100 $22,400 $110,700
2016 $10,250 $133,100 $22,400 $110,700
2015 $9,959 $133,100 $22,400 $110,700
2014 $9,895 $133,100 $22,400 $110,700
Source: Public Records

Agents Affiliated with this Home

  • Vivian Drozd

    Seller's Agent in 2016

    Vivian Drozd

    LIBERTY REALTY LLC

    (201) 362-9631

    1 in this area

    7 Total Sales

    Vivian Drozd
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Map

Source: Hudson County MLS

MLS Number: 150014355

Hudson County MLS

APN: 06-10203-0000-00073

New Jersey Hudson County Jersey City 07306 West Side

5 Wallis Ave, Jersey City, NJ

This home is located at 5 Wallis Ave, Jersey City, NJ 07306 since 19 October 2015 and is currently estimated at $913,332. 5 Wallis Ave is a home located in Hudson County with nearby schools including P.S. 23 Mahatma K. Gandhi School, Liberty High School, and William L. Dickinson 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.

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