NOT LISTED FOR SALE

586 Liberty Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,029,000 - $1,598,000

7 Beds
5 Baths
-- Sq Ft
2,570 Sq Ft Lot

Last Sold May 10, 2021

Last sale price $1,150,000

Est. 19% increase in value since last sale

Current estimated payment $8,975/month

72 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Central Air
  • Liberty High School Rated A-
  • Living Room
  • Dining Room

About This Home

As of May 2021

Brand New construction by experienced local builder is filled with brilliant use of space with modern finishes throughout. Quality construction on a new foundation has so much to offer in the highly desirable Western Slope neighborhood of Jersey City Heights. From skyline views of NYC to wide open Rooftop to privacy of Deck from the Mstr BR, This location offers everything you want in your next home. 15 minutes to NYC. Each unit with 3 BR and 2 FB, high-end Samsung kit appliances, rainfall quartz countertop and acrylic finished cabinets. Solid-core interior doors with transom windows and energy efficient Anderson Windows, Chair rail & wainscoting baseboard panels, 5 inch crown molding ceilings, 4.5 inch wide plank red oak hardwood floors. Bathrooms with premium Moen & Delta fixtures are true luxury. Open-floor plan of the LR/DR/Fam Rm screams hi-end quality and detailing from every corner. The 1st floor offers an extra FB w/ a wet-bar w/wine refrigerator and good size room with 3-way entrances perfect for entertainment. Integrated with wireless Bluetooth Built in Home Speaker/Intercom/Security cameras makes this smart home even more desirable. An oversized gar with 2 parking spaces and 1 parking space in the heated Driveway offers worry free car parking during snow days. 10 year builder's warranty & 5yrs tax abatement.

Last Agent to Sell the Property

Garima Verma

LivX License #1859462 Listed on: 02/03/2021

Last Buyer's Agent

Garima Verma

LivX License #1859462 Listed on: 02/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,005

Lot Details

  • 2,570

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Legal Lot and Block 00015 02 / 00603
  • Assessor Parcel Number 89057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,005

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary, Multi-Level
  • Exclusions: Personal Belongings
  • Inclusions: Kitchen Appliances / Washer/Dryer
  • Section: Heights
  • Assessor Parcel Number: 89057
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 7
  • Total Other Rooms: 3
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1
  • Floor4 Other: 1
  • Fl1 Rooms: 1
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 2 Cars, Attached, Garage

Utilities

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

Lot Info

  • Geo Address Line: 586 Liberty Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 02/03/2021
  • Geo Zoom Level: 16
  • Lot: 00015 02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 10, 2021
Sold by
Raval Jayesh M and Raval Alpa
Bought by
Lin Yong Teng and Liu Keren
Seller's Agent
Garima Verma
LivX
Buyer's Agent
Garima Verma
LivX
List Price
$1,245,000
Sold Price
$1,150,000
Premium/Discount to List
-$95,000
-7.63%
Current Estimated Value
$1,371,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,998
Avg. Annual Appreciation
5.47%
Original Mortgage
$700,000
Outstanding Balance
$635,141
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$809,798

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jun 9, 2021
Sold by
Raval Jayesh M and Raval Alpa
Bought by
Lin Yong Teng and Liu Keren
Seller's Agent
Garima Verma
LivX
Buyer's Agent
Garima Verma
LivX
List Price
$1,245,000
Sold Price
$1,150,000
Premium/Discount to List
-$95,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$635,141
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$809,798
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
Lin Yong Teng $1,150,000 Land Title
Lin Yong Teng $1,150,000 Joda Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yong Teng $700,000
Closed Lin Yong Teng $700,000
Previous Owner Raval Jayesh $455,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $1,150,000 -7.6% --
04/16/2021 04/16/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $1,245,000 -- --
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 $18,005 $806,300 $383,300 $604,300
2024 $18,118 $806,300 $383,300 $604,300
2023 $18,118 $806,300 $0 $0
2022 $17,077 $806,300 $0 $0
2021 $9,356 $583,300 $383,300 $200,000
2020 $9,391 $583,300 $383,300 $200,000
2019 $2,972 $193,000 $193,000 $0
2018 $1,116 $193,000 $193,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Garima Verma

    Seller's Agent in 2021

    Garima Verma

    LivX

    (917) 836-1462

    3 in this area

    51 Total Sales

    Garima Verma
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 210002837

Hudson County MLS

APN: 06-00603-0000-00015-02

New Jersey Hudson County Jersey City 07307 The Heights

586 Liberty Ave, Jersey City, NJ

This home is located at 586 Liberty Ave, Jersey City, NJ 07307 since 03 February 2021 and is currently estimated at $1,371,998. 586 Liberty Ave is a home located in Hudson County with nearby schools including Alfred E. Zampella No. 27 Elementary School, William L. Dickinson High School, and Liberty High 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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