NOT LISTED FOR SALE

Estimated Value: $673,000 - $714,000

6 Beds
3.5 Baths
1,855 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $457,500 $247 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,677/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Dining Room
  • Heating System Uses Steam
  • Living Room

About This Home

As of August 2020

GREAT INVESTMENT OPPORTUNITY!! 8% cap rate based off of projected rents. This multi-family home features 2 units with the second floor unit being a duplex. Each unit has spacious rooms, ample closet space and their own washer/dryer. Both units have separate entrances and the first floor unit could use the basement as extra living space. Enjoy a great yard space with a small shed for storage. The property is set up with separate boilers, hot water heaters, gas, and electric meters for each unit. Conveniently located minutes from the Light Rail and NJ Turnpike. Close to nearby restaurants, shopping and Veteran's Park. Income & Expense Statement and Floor Plan available upon request.

Last Listed By

Kirollos Nasralah

EXP REALTY LLC License #1327873 Listed on: 06/03/2020

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,844

Year Built

  • 1925

Lot Details

  • Lot Dimensions are 25.08 x 91.34

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Legal Lot and Block 00004 / 00186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,844

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary, Multi-Level
  • Exclusions: Tenant's personal property
  • Inclusions: All major installed appliances
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Bedrooms: 6
  • Total Other Rooms: 2
  • Basement: Full
  • Total Dining Rooms: 1
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Half Bathrooms: 1
  • Basement Kitchens: 1
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl3 Rooms: 2

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Utilities

  • Heating/Cooling: A/C Window, Gas, Radiators, Steam

Lot Info

  • Geo Address Line: 569 Avenue A
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/03/2020
  • Geo Zoom Level: 16
  • Lot: 00004
  • Lot Size: 25.08 x 91.34

Tax Info

  • Year: 2019
  • Taxes: 8844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 26, 2020
Sold by
Piatek Rafal and Kurylo Piatek Malgorzata
Bought by
Asaad Jimmy and Asaad Nora
Seller's Agent
Kirollos Nasralah
EXP REALTY LLC
List Price
$475,000
Sold Price
$457,500
Premium/Discount to List
-$17,500
-3.68%
Total Days on Market
12
Current Estimated Value
$699,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,567
Avg. Annual Appreciation
9.21%
Original Mortgage
$434,625
Outstanding Balance
$389,188
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$309,879

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 24, 2020
Sold by
Piatek Margo and Piatek Rafal
Bought by
Asaad Jimmy and Asaad Nora
Seller's Agent
Kirollos Nasralah
EXP REALTY LLC
List Price
$475,000
Sold Price
$457,500
Premium/Discount to List
-$17,500
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,625
Outstanding Balance
$389,188
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$309,879

Purchase Details

Closed on
Sep 25, 2003
Sold by
Sellitti Stacy
Bought by
Piatek Rafal and Kurylo Piatek Malgorzata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Jan 7, 2003
Sold by
Chase Manhattan Mortgage Corp
Bought by
Sellitti Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2002
Sold by
Mehmood Anser and Mehmood Uzma
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 3, 2000
Sold by
Robinson Irene C and Yurchak Stephen
Bought by
Mehmood Anser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,550
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Asaad Jimmy $457,500 None Available
Asaad Jimmy $457,500 None Listed On Document
Piatek Rafal $325,000 --
Chase Manhattan Mortgage Corp -- First American Title Ins Co
Sellitti Stacy $165,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $183,100 --
Mehmood Anser $208,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asaad Jimmy $434,625
Closed Asaad Jimmy $434,625
Previous Owner Kurylo Piatek Malgazata $279,490
Previous Owner Piatek Rafal $98,000
Previous Owner Piatek Rafal $308,750
Previous Owner Sellitti Stacy A $95,700
Previous Owner Sellitti Stacy $123,750
Previous Owner Mehmood Anser $196,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $457,500 -3.7% $247 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $475,000 -- $256 / 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
2024 $9,251 $344,800 $163,200 $181,600
2023 $9,251 $344,800 $163,200 $181,600
2022 $9,079 $344,800 $163,200 $181,600
2021 $9,006 $344,800 $163,200 $181,600
2020 $8,848 $344,800 $163,200 $181,600
2019 $9,855 $114,200 $60,000 $54,200
2018 $9,659 $114,200 $60,000 $54,200
2017 $9,409 $114,200 $60,000 $54,200
2016 $9,062 $114,200 $60,000 $54,200
2015 $8,764 $114,200 $60,000 $54,200
2014 $8,502 $114,200 $60,000 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 202009741

Hudson County MLS

APN: 01-00186-0000-00004