505 Martin Luther King Dr Jersey City, NJ 07304
Bergen-Lafayette NeighborhoodEstimated Value: $367,000
3
Beds
1
Bath
--
Sq Ft
1,917
Sq Ft Lot
About This Home
This home is located at 505 Martin Luther King Dr, Jersey City, NJ 07304 and is currently estimated at $367,000. 505 Martin Luther King Dr is a home located in Hudson County with nearby schools including Ollie Culbreth, Jr. School, PS #14, Lincoln High School, and Henry Snyder High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2014
Sold by
505 Mlk Llc
Bought by
505 King Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 21, 2013
Sold by
Bayview Loan Servicing Llc
Bought by
505 Mlk Llc
Purchase Details
Closed on
Nov 11, 2011
Sold by
Schillari Frank X
Bought by
Bayview Loan Services Llc
Purchase Details
Closed on
May 31, 2000
Sold by
Muhammed Barshay
Bought by
Muhammed Faith
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 505 King Llc | $155,000 | Agent For Old Republic Natl | |
| 505 Mlk Llc | $47,000 | Agent For Old Republic Nati | |
| Bayview Loan Services Llc | $300,477 | -- | |
| Muhammed Faith | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 505 King Llc | $140,000 | |
| Previous Owner | Muhammad Faith | $225,250 | |
| Previous Owner | Muhammad Barshay | $50,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,080 | $496,200 | $75,800 | $420,400 |
| 2024 | $11,150 | $496,200 | $75,800 | $420,400 |
| 2023 | $11,150 | $496,200 | $75,800 | $420,400 |
| 2022 | $10,510 | $496,200 | $75,800 | $420,400 |
| 2021 | $6,711 | $418,400 | $75,800 | $342,600 |
| 2020 | $6,736 | $418,400 | $75,800 | $342,600 |
| 2019 | $6,443 | $418,400 | $75,800 | $342,600 |
| 2018 | $1,528 | $418,400 | $75,800 | $342,600 |
| 2017 | $8,011 | $102,700 | $9,500 | $93,200 |
| 2016 | $7,909 | $102,700 | $9,500 | $93,200 |
| 2015 | $7,684 | $102,700 | $9,500 | $93,200 |
| 2014 | $7,635 | $102,700 | $9,500 | $93,200 |
Source: Public Records
Map
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