NOT LISTED FOR SALE

54 Magnolia Ave Unit 3-5 Jersey City, NJ 07306

Journal Square Neighborhood

Estimated Value: $477,252 - $527,000

2 Beds
1 Bath
833 Sq Ft
$589/Sq Ft Est. Value

About This Home

As of February 2023

See for yourself! A thoughtfully designed, sun-filled 2 bedroom, 1 bath apartment located in the desirable Hilltop section of Jersey City. A beautiful historic brick building situated on tree-lined Magnolia Avenue! This residence features generously sized rooms with hardwood floors, natural light, 9 foot ceilings, a modern kitchen with stainless steel appliances and an updated bath. Plus, new oversized shared washer and dryer on the same floor. There are two amazing common roof decks with spectacular panoramic views of the Empire State Building, World Trade Center, Downtown JC, Statue of Liberty and the Verrazano Bridge. The home is perfectly situated: a apptox. 8 minutes to everything downtown Jersey City has to offer, and only two short-blocks from the Journal Square PATH (approximately 25 minutes to Midtown, 10 minutes to WTC). Don't miss out on this opportunity to lease in booming Journal Square - home of Jersey City's most rapidly developing area! Photos are stock images.

Last Agent to Rent the Property

Kim Sullivan-Beier

Brown Harris Stevens New Jersey Listed on: 01/17/2023

Brown Harris Stevens New Jersey

Last Renter's Agent

Leah Blesoff

Brown Harris Stevens New Jersey

Brown Harris Stevens New Jersey

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,700

Year Built

  • 1910

Lot Details

  • 5,706

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,700

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Apartment
  • ResoLaundryFeatures: See Remarks
  • View Type:Pond View: None
  • Reso Association Amenities: None
  • Reso Pets Allowed: Cats Prohbtd, Dogs Prohbtd, No
  • Co List Office Phone: (201) 478-6700
  • MLS Status: Leased - Leased
  • Directions: Chestnut and Baldwin
  • Reso Fireplace Features: None
  • Year Built Details: Pre 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2003
Sold by
Valentine Eleonor E
Bought by
Sassi Lawrence and Alam Mary
Current Estimated Value
$525,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1998
Sold by
Boylan John Jay and Young Gladys
Bought by
Valentine Eleanor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
6.98%
Mortgage Type
FHA
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
Sassi Lawrence $175,000 Safeguard Title Agency
Valentine Eleanor E $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feinbloom Matthew $450,000
Closed Sassi Lawrence $122,149
Previous Owner Sassi Lawrence $166,250
Previous Owner Valentine Eleanor E $37,800
Previous Owner Valentine Eleanor $69,400
Previous Owner Valentine Eleanor E $69,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Rented $2,600 +1.0% --
01/17/2023 01/17/23 For Rent $2,575 -- --
Source: New Jersey 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
2024 $8,700 $387,200 $80,000 $307,200
2023 $8,700 $387,200 $80,000 $307,200
2022 $8,201 $387,200 $80,000 $307,200
2021 $6,211 $387,200 $80,000 $307,200
2020 $6,234 $387,200 $80,000 $307,200
2019 $5,963 $387,200 $80,000 $307,200
2018 $991 $387,200 $80,000 $307,200
2017 $5,195 $66,600 $1,301 $65,299
2016 $5,129 $66,600 $1,301 $65,299
2015 $4,983 $66,600 $1,301 $65,299
2014 $4,951 $66,600 $1,301 $65,299
Source: Public Records

Agents Affiliated with this Home

  • Kim Sullivan-Beier

    Landlord's Agent in 2023

    Kim Sullivan-Beier

    Brown Harris Stevens New Jersey

    (201) 478-6700

    3 in this area

    74 Total Sales

    Section Image
  • Leah Blesoff

    Tenant's Agent in 2023

    Leah Blesoff

    Brown Harris Stevens New Jersey

    (212) 381-2376

    18 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23001548

New Jersey MLS

APN: 06-09602-0000-00012-0000-C0035

New Jersey Hudson County Jersey City 07306 Journal Square

54 Magnolia Ave Unit 3-5, Jersey City, NJ

This home is located at 54 Magnolia Ave Unit 3-5, Jersey City, NJ 07306 since 17 January 2023 and is currently priced at $490,813. This property was built in 1910. 54 Magnolia Ave Unit 3-5 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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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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