NOT LISTED FOR SALE

531 Newark Ave Jersey City, NJ 07306

Journal Square Neighborhood
3 Beds
2 Baths
1,000 Sq Ft
3,006 Sq Ft Lot

About This Home

This home is located at 531 Newark Ave, Jersey City, NJ 07306. 531 Newark Ave is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, William L. Dickinson High School, and Dr Ronald McNair High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Liou Ming Chu
Bought by
Mg Jersey City Llc

Purchase Details

Closed on
Mar 19, 2020
Sold by
Liou Victoria
Bought by
Liou Ming Chu

Purchase Details

Closed on
Sep 6, 2006
Sold by
Liou Ming Chu
Bought by
Liou Ming Chu and Liou Victoria

Purchase Details

Closed on
Oct 17, 2005
Sold by
Kim Linda Soon Ok and Kim Tina Hyo Jung
Bought by
Liou Ming Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2001
Sold by
Kim Soon Ok and Kim Linda Soon Ok
Bought by
Kim Linda Soon Ok and Kim Tina Hyo Jung

Purchase Details

Closed on
Sep 18, 1998
Sold by
Kim Seoung and Kim Soon Ok
Bought by
Kim Soon Ok
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mg Jersey City Llc $231,315 None Listed On Document
Liou Ming Chu -- None Available
Liou Ming Chu -- Chicago Title Insurance Co
Liou Ming Chu $570,000 Chicago Title Insurance Co
Kim Linda Soon Ok -- --
Kim Soon Ok -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mg Jersey City Llc $600,000
Previous Owner Liou Ming Chu $310,000
Previous Owner Kim Linda Soon Ok $175,000
Source: Public Records

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
2024 $25,254 $1,123,900 $223,900 $900,000
2023 $25,254 $1,123,900 $223,900 $900,000
2022 $23,804 $1,123,900 $223,900 $900,000
2021 $18,027 $1,123,900 $223,900 $900,000
2020 $18,095 $1,123,900 $223,900 $900,000
2019 $17,308 $1,123,900 $223,900 $900,000
2018 $2,924 $1,123,900 $223,900 $900,000
2017 $15,327 $196,500 $62,700 $133,800
2016 $15,132 $196,500 $62,700 $133,800
2015 $14,702 $196,500 $62,700 $133,800
2014 $14,608 $196,500 $62,700 $133,800
Source: Public Records

Map

New Jersey Hudson County Jersey City 07306 Journal Square

531 Newark Ave, Jersey City, NJ

This home is located at 531 Newark Ave, Jersey City, NJ 07306. 531 Newark Ave is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, William L. Dickinson High School, and Dr Ronald McNair High School.

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