NOT LISTED FOR SALE

506 Observer Hwy Unit A Hoboken, NJ 07030

Estimated Value: $1,250,194 - $1,851,000

3 Beds
2 Baths
2,054 Sq Ft
$345/mo HOA Fee

Last Sold October 06, 2015

Last sale price $1,150,000 $560 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,821/month

94 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near a park
  • Terrace
  • Hoboken High School Rated A-
  • Wood Flooring
  • 3-minute walk to Southwest Park

About This Home

As of October 2015

Details galore fill this EXTRAORDINARY, meticulously cared for 2054SF 3BR/2Bth Duplex w/3 Parking (2 indoor/1outdoor) spots! 1st Lvl: Expansive LR/DR w/ soaring ceilings, Bioethonal FP, open Gourmet Kit w/ SS appl & granite cntrs, dual access to LARGE DECK for entertaining, laundry rm w/ full-sized W/D, 2 spacious BRs. 2nd Lvl: Private, peaceful MBR En suite w/ FP, sitting area, custom closets, luxe bath & sun-splashed deck, tons of storage, soundproofed windows, HUGE storage room, common courtyard! More!!

Last Agent to Sell the Property

CLARA SCIANCALEPORE

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #0017622 Listed on: 05/29/2015

Last Buyer's Agent

Gerard Mattera Jr

COMPASS NEW JERSEY, LLC License #0567046

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,780

Lot Details

  • 2,047

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,054 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Living Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Outdoor Features

  • Terrace

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00051 / 00017
  • Assessor Parcel Number 10068

Community Details

Overview

  • Association fees include water

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,780

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Inclusions: All appliances, light fixtures, 1 garage, 1 storage room
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 10068
  • 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: 3
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Basement Other Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Level 2 Number Bedrooms: 1
  • Level 2 Full Bathrooms: 1
  • Estimated Sq Ft: 2054

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car, 2 Cars, Attached, Covered, Garage

Utilities

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

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor, Fireplace

Condo/Co-op/Association

  • Common Amenities: Storage
  • Maintenance Fee Includes: Water

Fee Information

  • Monthly Maintenance Fee: 345

Lot Info

  • Geo Address Line: 506 Observer Hwy
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Lot: 00051

Rental Info

  • Pets: Y

Tax Info

  • Year: 2015
  • Taxes: 13780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Warrum Joshua and Warrum Lindsey
Bought by
Sridhar Vivek and Vasudevan Soumya
Current Estimated Value
$1,532,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2015
Closed on
Oct 6, 2015
Sold by
Painvin Gregoire and Painvin Melanie Thomas
Bought by
Warrum Joshua and Warrum Lindsey
Seller's Agent
CLARA SCIANCALEPORE
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Gerard Mattera Jr
COMPASS NEW JERSEY, LLC
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$920,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2010
Sold by
Mihlbauer Bret and Wolk Mihlbauer Marjorie
Bought by
Painvin Gregoire

Purchase Details

Closed on
Jan 17, 2006
Sold by
Moss Andrew and Moss Liana
Bought by
Mihlbauer Bret and Wolk Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sridhar Vivek $1,275,000 Guardian Title Services Llc
Sridhar Vivek $1,275,000 Land Title
Warrum Joshua $1,150,000 Chicago Title Insurance Comp
Painvin Gregoire $830,000 --
Mihlbauer Bret $980,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sridhar Vivek $765,000
Previous Owner Warrum Joshua $920,000
Previous Owner Mihlbauer Bret $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2015 10/06/15 Sold $1,150,000 -8.0% $560 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $1,250,000 -- $609 / 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 $17,483 $990,000 $225,000 $765,000
2024 $16,127 $990,000 $225,000 $765,000
2023 $16,127 $990,000 $225,000 $765,000
2022 $15,850 $990,000 $225,000 $765,000
2021 $15,840 $990,000 $225,000 $765,000
2020 $15,949 $990,000 $225,000 $765,000
2019 $15,830 $990,000 $225,000 $765,000
2018 $15,642 $990,000 $225,000 $765,000
2017 $15,363 $965,000 $225,000 $740,000
2016 $14,967 $965,000 $225,000 $740,000
2015 $14,446 $965,000 $225,000 $740,000
2014 $13,780 $965,000 $225,000 $740,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    CLARA SCIANCALEPORE

    PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

  • Gerard Mattera Jr

    Buyer's Agent in 2015

    Gerard Mattera Jr

    COMPASS NEW JERSEY, LLC

    (917) 693-1233

    72 in this area

    138 Total Sales

    Gerard Mattera Jr
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 150007089

Hudson County MLS

APN: 05-00017-0000-00051-0000-C000A

New Jersey Hudson County Hoboken 07030

506 Observer Hwy Unit A, Hoboken, NJ

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.

Nearby Homes