NOT LISTED FOR SALE

550 Observer Hwy Unit 3B Hoboken, NJ 07030

Estimated Value: $1,062,558 - $1,144,000

2 Beds
2 Baths
1,464 Sq Ft
$455/mo HOA Fee

Last Sold December 03, 2021

Last sale price $885,000 $605 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,114/month

Highlights

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

About This Home

As of December 2021

Spectacular entertainers delight, 1464 square feet of living space with garage parking. This oversized condo features an open floor plan with 2 bedrooms/2 baths, loads of windows on 3 exposures providing an abundance of natural light. Large gourmet kitchen with massive island with breakfast bar, wood cabinets, high end stainless steel appliances and granite counters. King size master bedroom with ensuite marble bath and walk-in closet complete the picture. All this located in a boutique building with an elevator, deeded parking and central A/C. This truly special and unique home must be seen.

Last Agent to Sell the Property

David Bistany

KELLER WILLIAMS CITY LIFE REALTY License #9697235 Listed on: 08/25/2021

KELLER WILLIAMS CITY LIFE REALTY

Last Buyer's Agent

David Bistany

KELLER WILLIAMS CITY LIFE REALTY License #9697235 Listed on: 08/25/2021

KELLER WILLIAMS CITY LIFE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,361

Lot Details

  • 1,481

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 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

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Dining room chandelier is excluded but can be purchased separately.
  • Legal Lot and Block 00042 01 / 00016
  • Assessor Parcel Number 13008

Community Details

Overview

  • Association fees include water

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,361

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Exclusions: Dining room chandelier is excluded but can be purchased separately.
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 13008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 3
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Rooms: 5
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 3 Number Bedrooms: 2
  • Level 3 Number Dining Rooms: 1
  • Level 3 Full Bathrooms: 2
  • Level3 Number Kitchens: 1
  • Level 3 Number Living Rooms: 1
  • Estimated Sq Ft: 1464
  • Price Per Sq Ft: 604.51

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car, Garage

Utilities

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

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator
  • Maintenance Fee Includes: Water

Fee Information

  • Mo Fee Year: 2020
  • Monthly Maintenance Fee: 455

Lot Info

  • Geo Address Line: 550 Observer Hwy
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Update Timestamp: 08/25/2021
  • Geo Zoom Level: 16
  • Lot: 00042 01

Rental Info

  • Pets: L

Tax Info

  • Taxes: 10361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 12, 2021
Sold by
Boris Merson
Bought by
Elci Adnan and Elci Ayse
Seller's Agent
David Bistany
KELLER WILLIAMS CITY LIFE REALTY
Buyer's Agent
David Bistany
KELLER WILLIAMS CITY LIFE REALTY
List Price
$915,000
Sold Price
$885,000
Premium/Discount to List
-$30,000
-3.28%
Current Estimated Value
$1,089,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,140
Avg. Annual Appreciation
5.48%
Original Mortgage
$708,000
Interest Rate
2.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2012
Closed on
Apr 10, 2012
Sold by
Kapp Todd and Kapp Rachel
Bought by
Merson Boris
Seller's Agent
MATTHEW BROWN
BROWN HARRIS STEVENS NEW JERSEY
Buyer's Agent
VIVIAN PENHA
EXP REALTY LLC
List Price
$665,000
Sold Price
$635,000
Premium/Discount to List
-$30,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$375,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2009
Sold by
Pukas Gregory and Pukas Julia
Bought by
Karp Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Elci Adnan $885,000 Old Republic Title
Merson Boris $635,000 None Available
Karp Todd $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elci Adnan $708,000
Previous Owner Merson Boris $375,000
Previous Owner Karp Todd $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $885,000 -3.3% $605 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $915,000 0.0% $625 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $915,000 +44.1% $625 / Sq Ft
04/11/2012 04/11/12 Sold $635,000 -4.5% $434 / Sq Ft View Prior Sale
02/16/2012 02/16/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $665,000 -- $454 / 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 $11,359 $643,200 $213,200 $430,000
2024 $10,478 $643,200 $213,200 $430,000
2023 $10,478 $643,200 $213,200 $430,000
2022 $10,298 $643,200 $213,200 $430,000
2021 $10,291 $643,200 $213,200 $430,000
2020 $10,362 $643,200 $213,200 $430,000
2019 $10,285 $643,200 $213,200 $430,000
2018 $10,163 $643,200 $213,200 $430,000
2017 $10,240 $643,200 $213,200 $430,000
2016 $9,976 $643,200 $213,200 $430,000
2015 $9,629 $643,200 $213,200 $430,000
2014 $9,185 $643,200 $213,200 $430,000
Source: Public Records

Agents Affiliated with this Home

  • David Bistany

    Seller's Agent in 2021

    David Bistany

    KELLER WILLIAMS CITY LIFE REALTY

    (201) 852-3291

    29 in this area

    77 Total Sales

    David Bistany
    Section Image

  • M

    Seller's Agent in 2012

    MATTHEW BROWN

    BROWN HARRIS STEVENS NEW JERSEY

  • Peter Cossio

    Seller Co-Listing Agent in 2012

    Peter Cossio

    BROWN HARRIS STEVENS NEW JERSEY

    (917) 885-5817

    118 in this area

    218 Total Sales

    Peter Cossio
    Section Image
  • VIVIAN PENHA

    Buyer's Agent in 2012

    VIVIAN PENHA

    EXP REALTY LLC

    (201) 232-8630

    6 Total Sales

    VIVIAN PENHA
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 210020100

Hudson County MLS

APN: 05-00016-0000-00042-0001-C003B

New Jersey Hudson County Hoboken 07030

550 Observer Hwy Unit 3B, Hoboken, NJ

This home is located at 550 Observer Hwy Unit 3B, Hoboken, NJ 07030 since 25 August 2021 and is currently estimated at $1,089,140, approximately $743 per square foot. 550 Observer Hwy Unit 3B is a home located in Hudson County with nearby schools including Hoboken High School, Hoboken Dual Language Charter School, and Stevens Cooperative School.

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.

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