NOT LISTED FOR SALE

516 Adams St Unit 1F Hoboken, NJ 07030

Estimated Value: $473,000 - $572,000

2 Beds
2 Baths
632 Sq Ft
$335/mo HOA Fee

Last Sold October 28, 2022

Last sale price $480,000 $759 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,484/month

Highlights

  • Contemporary Architecture
  • Property is near a park
  • Intercom
  • Hoboken High School Rated A-
  • Wood Flooring
  • 5-minute walk to Church Square Park

About This Home

As of October 2022

This spacious 2 bed and 2 bath condo is in the desirable midtown Hoboken neighborhood. The recently renovated kitchen with quartz countertops and a large island is perfect for cooking and entertaining. Use the second flex room as a bedroom, home office, or living room. The open floorplan layout with bathrooms on each side of the condo is great for shares or investors. This home features hardwood floors throughout and built-in ductless mini-split air conditioning system and an in-unit washer/dryer. Conveniently located in the heart of Hoboken, you will find easy access to shopping, restaurants, bars, and transportation to NYC.

Last Agent to Sell the Property

Jill Biggs

COLDWELL BANKER REALTY License #0568727 Listed on: 07/05/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Jill Biggs

COLDWELL BANKER REALTY License #0568727 Listed on: 07/05/2022

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,175

Lot Details

  • 653

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 632 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

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

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: All personal possessions
  • Legal Lot and Block 00026 / 00069
  • Assessor Parcel Number 8531

Community Details

Overview

  • Association fees include water

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,175

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Exclusions: All personal possessions
  • Inclusions: All light fixtures and appliances as installed
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 8531
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 632

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Wall, Baseboard

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Maintenance Fee Includes: Water

Fee Information

  • Monthly Maintenance Fee: 335

Lot Info

  • Geo Address Line: 516 Adams St
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Lot: 00026

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 4175

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 25, 2022
Sold by
Pal Karan D
Bought by
Marasco Daniel and Kay Barry
Seller's Agent
Jill Biggs
COLDWELL BANKER REALTY
Buyer's Agent
Jill Biggs
COLDWELL BANKER REALTY
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
30
Current Estimated Value
$528,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,159
Avg. Annual Appreciation
3.24%
Original Mortgage
$180,000
Outstanding Balance
$174,237
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$353,922

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 5, 2016
Sold by
Lenox Steven and Brosnan Aoife
Bought by
Pal Karan D
Seller's Agent
Michael Oppler
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Stacey Kolmer
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$357,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2008
Sold by
Gerstenfeld Douglas R and Gerstenfeld Melissa
Bought by
Lenox Steven and Brosnan Aoife

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2000
Sold by
Iwase Shoichi and Iwase Michiyo Tsukita
Bought by
Gerstenfeld Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8%
Source: Public Records

Range of Values:

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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
Marasco Daniel $480,000 First American Title
Pal Karan D $420,000 First American Title Ins Co
Lenox Steven $360,000 Commonwealth Land Title Insu
Gerstenfeld Douglas R $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marasco Daniel $180,000
Previous Owner Pal Karan D $357,000
Previous Owner Lenox Steven $288,000
Previous Owner Gerstenfeld Douglas R $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $480,000 +14895.3% $759 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
08/24/2022 08/24/22 Rented $3,201 +18.6% --
08/16/2022 08/16/22 For Rent $2,700 0.0% --
07/05/2022 07/05/22 For Sale $475,000 0.0% $752 / Sq Ft
09/01/2021 09/01/21 Rented $2,400 +4.3% --
08/25/2021 08/25/21 Price Changed $2,300 -11.5% $4 / Sq Ft
07/28/2021 07/28/21 For Rent $2,600 0.0% --
07/11/2016 07/11/16 Sold $420,000 0.0% $665 / Sq Ft View Prior Sale
04/18/2016 04/18/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $420,000 0.0% $665 / Sq Ft
09/04/2014 09/04/14 Rented $2,500 0.0% --
09/04/2014 09/04/14 Under Contract -- -- --
07/28/2014 07/28/14 For Rent $2,500 +13.6% --
02/11/2012 02/11/12 Rented $2,200 0.0% --
01/20/2012 01/20/12 Under Contract -- -- --
01/12/2012 01/12/12 For Rent $2,200 -- --
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 $4,611 $261,100 $108,000 $153,100
2024 $4,253 $261,100 $108,000 $153,100
2023 $4,253 $261,100 $108,000 $153,100
2022 $4,180 $261,100 $108,000 $153,100
2021 $4,178 $261,100 $108,000 $153,100
2020 $4,206 $261,100 $108,000 $153,100
2019 $4,175 $261,100 $108,000 $153,100
2018 $4,125 $261,100 $108,000 $153,100
2017 $4,157 $261,100 $108,000 $153,100
2016 $4,050 $261,100 $108,000 $153,100
2015 $3,909 $261,100 $108,000 $153,100
2014 $3,729 $261,100 $108,000 $153,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220012142

Hudson County MLS

APN: 05-00069-0000-00026-0000-C001F