NOT LISTED FOR SALE

Estimated Value: $674,000 - $806,000

2 Beds
2 Baths
1,300 Sq Ft
$1,075/mo HOA Fee

Last Sold June 14, 2021

Last sale price $615,000 $473 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,055/month

44 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Property is near a park
  • Liberty High School Rated A-
  • Views of New York
  • 3-minute walk to Canco Park

About This Home

As of June 2021

Welcome to Canco Loft 559 - a true soho-style two bedroom, two bath wrap corner with northern and eastern views of NYC. This high floor stunner pays homage to the original building’s historic roots with soaring 14 foot exposed slab concrete ceilings, an architectural concrete column and expansive banks of 11 foot windows that bathe the home in brilliant light. Enter through your gallery hall, perfect for showcasing all your favorite art. The central foyer with an architectural column pivots you to the two bedrooms, main bathroom and opens to the massive living area over 18’ x 19’. The generous primary bedroom is en-suite with double sink vanity. The second bedroom is convenient to the main bathroom with a deep soaking tub. Hardwood floors, custom kitchen and bathroom cabinetry, in-home laundry and loads of closet space complete the picture. In addition – Loft 559 has TWO DEEDED storage spaces in the building! What was once a Can factory building, Canco was meticulously reimagined as an incredible loft community, next door to the Mana Contemporary Art Center, convenient access to all major highways, and a short distance to the JSQ PATH or take the building shuttle. This full-service community boasts over 10,000 square feet of amenities that include 24-hour concierge, fitness center with Peloton bikes and Life Cycle equipment, basketball court, billiards and game rooms, screening room, conference room with WiFi, indoor and outdoor (with BBQ) lounges, and even a Dog Spa. Garage parking accessible through the building and is available for an additional $220/month. HOA includes gas and hot water. Tax abatement in place until 2039. What more could you want?

Last Agent to Sell the Property

Marcus Pinto

COMPASS NEW JERSEY, LLC License #1649438 Listed on: 03/02/2021

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Jill Biggs

COLDWELL BANKER REALTY License #0568727

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,150

Lot Details

  • 4.38

HOA Fees

  • $1,075 Monthly HOA Fees

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Views of New York
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Exclusions: Furniture and personal belongings
  • Legal Lot and Block 00005 / 07701
  • Assessor Parcel Number 78905

Community Details

Overview

  • Association fees include water, gas, hot water

Amenities

  • Doorman
  • Recreation Room
  • Elevator

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,150

Lot Details

0

HOA Fees

$1,075 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Loft
  • Exclusions: Furniture and personal belongings
  • Inclusions: 2 Deeded Storage Units #611 and #313 Fixtures and appliances
  • Lead Paint Form: Yes
  • Miscellaneous: New York View, Near Shopping, Near Bus, Near Parks, Near Path
  • Section: Heights
  • Assessor Parcel Number: 78905
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 2
  • Level 1 Number Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 2
  • Estimated Sq Ft: 1300

Exterior Features

  • Exterior Finish: Block, Stone

Utilities

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

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Community Room, Doorman, Elevator, Exercise Room, Play Area, Storage, Shared Backyard
  • Maintenance Fee Includes: Water, Gas, Hot Water

Fee Information

  • Mo Fee Year: 2020
  • Monthly Maintenance Fee: 1075

Lot Info

  • Geo Address Line: 50 Dey St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00005

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 9150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 12, 2021
Sold by
Rehman Marc
Bought by
Szymczak Justyna and Liu Hansen
Seller's Agent
Marcus Pinto
COMPASS NEW JERSEY, LLC
Buyer's Agent
Jill Biggs
COLDWELL BANKER REALTY
List Price
$630,000
Sold Price
$615,000
Premium/Discount to List
-$15,000
-2.38%
Current Estimated Value
$734,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,446
Avg. Annual Appreciation
4.07%
Original Mortgage
$492,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 20, 2012
Sold by
Acc Towers La Urban Renewal Llc
Bought by
Rehman Mare
Seller's Agent
JODI STASSE
STASSE & COMPANY, INC.
Buyer's Agent
JODI STASSE
STASSE & COMPANY, INC.
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$318,750
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Szymczak Justyna $615,000 Surety Ttl Agcy Coastal Regi
Rehman Mare $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szymczak Justyna $492,000
Previous Owner Rehman Mare $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $615,000 0.0% $473 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/03/2021 04/03/21 Price Changed $615,000 -2.4% $473 / Sq Ft
03/02/2021 03/02/21 For Sale $630,000 +50.0% $485 / Sq Ft
04/30/2012 04/30/12 Sold $420,000 +2.4% $323 / Sq Ft View Prior Sale
03/10/2012 03/10/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $410,000 -- $315 / Sq Ft
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 $1,217 $54,500 $54,500 --
2024 $1,225 $54,500 $54,500 $0
2023 $1,225 $54,500 $54,500 $0
2022 $1,154 $54,500 $54,500 $0
2021 $874 $54,500 $54,500 $0
2020 $877 $54,500 $54,500 $0
2019 $839 $54,500 $54,500 $0
2018 $25 $54,500 $54,500 $0
2017 $133 $1,700 $1,700 $0
2016 $131 $1,700 $1,700 $0
2015 $127 $1,700 $1,700 $0
2014 $126 $1,700 $1,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210004902

Hudson County MLS

APN: 06-07701-0000-00005-0000-C0559