NOT LISTED FOR SALE

501 Ocean Ave Jersey City, NJ 07305

Greenville Neighborhood

Estimated Value: $802,000 - $1,029,000

6 Beds
5 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold May 20, 2023

Last sale price $715,000

Est. 32% increase in value since last sale

Current estimated payment $6,156/month

29 Days on Market

Highlights

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

About This Home

As of May 2023

Excellent Value!!! Nice 2 family newer style construction with finished basement. This home features hardwood flooring throughout, central heat and A/C, parking, close to public transportation, school, parks and more!... Available now!!.

Last Agent to Sell the Property

Errol Dhurpat

FOOTPRINTS REALTY License #9693695 Listed on: 01/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,353

Lot Details

  • 2,178

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 23743

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,353

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary
  • Section: Greenville
  • Assessor Parcel Number: 23743
  • 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
  • Basement Full Bathrooms: 1
  • Basement Other Rooms: 3
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1850
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1800

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Central, Hot Air

Lot Info

  • Geo Address Line: 501 Ocean Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95

Tax Info

  • Year: 2022
  • Taxes: 13353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
May 9, 2023
Sold by
Srivastava Rohit
Bought by
Permaul Alisa
Seller's Agent
Errol Dhurpat
FOOTPRINTS REALTY
List Price
$719,000
Sold Price
$715,000
Premium/Discount to List
-$4,000
-0.56%
Views
57
Current Estimated Value
$943,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,664
Avg. Annual Appreciation
11.59%
Original Mortgage
$536,250
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2013
Sold by
Power Duo Investment Llc
Bought by
Srivastava Rohit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Homesales Inc
Bought by
Power Duo Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2010
Sold by
Perez Juan M
Bought by
Homesales Inc

Purchase Details

Closed on
Oct 23, 2007
Sold by
Lee Tae Ho
Bought by
Lee Joo Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Sumasar Balkarran
Bought by
Lee Tae Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
5.73%
Mortgage Type
Balloon

Purchase Details

Closed on
May 28, 1999
Sold by
Bankers Trust Company
Bought by
Jersey City Day Care 100
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
Permaul Alisa $715,000 Old Republic Title
Permaul Alisa $715,000 Old Republic Title
Srivastava Rohit $182,000 All Jersey Title Llc
Power Duo Investment Llc $110,000 --
Homesales Inc $506,351 --
Lee Joo Hwan $501,000 Stewart Title Guaranty Co
Lee Tae Ho $410,000 Stewart Title Guaranty Co
Jersey City Day Care 100 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Permaul Alisa $536,250
Previous Owner Srivastava Rohit $127,400
Previous Owner Power Duo Investment Llc $108,000
Previous Owner Lee Joo Hwan $463,500
Previous Owner Lee Tae Ho $61,500
Previous Owner Lee Tae Ho $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2023 05/20/23 Sold $715,000 -0.6% --
02/21/2023 02/21/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $719,000 -- --
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 $14,079 $630,500 $78,300 $552,200
2024 $14,167 $630,500 $78,300 $552,200
2023 $14,167 $630,500 $78,300 $552,200
2022 $13,354 $630,500 $78,300 $552,200
2021 $10,113 $630,500 $78,300 $552,200
2020 $10,151 $630,500 $78,300 $552,200
2019 $9,710 $630,500 $78,300 $552,200
2018 $1,726 $630,500 $78,300 $552,200
2017 $9,048 $116,000 $25,000 $91,000
2016 $8,933 $116,000 $25,000 $91,000
2015 $8,679 $116,000 $25,000 $91,000
2014 $8,623 $121,200 $25,000 $96,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Errol Dhurpat

    FOOTPRINTS REALTY

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Map

Source: Hudson County MLS

MLS Number: 230001254

Hudson County MLS

APN: 06-25002-0000-00015

New Jersey Hudson County Jersey City 07305 Greenville

501 Ocean Ave, 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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