NOT LISTED FOR SALE

Estimated Value: $508,347 - $680,000

5 Beds
2 Baths
1,456 Sq Ft
$389/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $160,000 $110 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $3,614/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • 2-minute walk to Cottage Street Playground
  • Living Room

About This Home

As of September 2012

ESTATE SALE - For a 2 family home with a semi-finished attic and separately deeded adjacent lot which is currently used for parking. Both apartments at the home are spaciously complimented with 2 bedrooms each and some wood floors. The backyard has a two level wood deck. These two properties packaged together are priced to sell with one asking price of $199,000. Call now!

Last Agent to Sell the Property

ARVIN FALLARME

WEICHERT REALTORS License #0125865 Listed on: 04/26/2012

Last Buyer's Agent

Magdi Melik

PINNACLE REAL ESTATE GROUP LLC License #0341618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Lot Details

  • 1,612

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $900
  • Water Sewer Expense $350

Listing and Financial Details

  • Legal Lot and Block 00014 / 00329
  • Assessor Parcel Number 10578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 10578
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars
  • Annual Water Sewer Expense: 2011

Utilities

  • Heat Expense Year: 2011
  • Heating/Cooling: Baseboard, Gas
  • Annual Insurance Expense: 2011

Fee Information

  • Insurance Expense: 900
  • Water Sewer Expenses: 350

Lot Info

  • Geo Address Line: 59 E 5th St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 10/17/2012
  • Geo Zoom Level: 16
  • Lot: 00014
  • Lot Size: 27x58 & 25x48

Tax Info

  • Taxes: 7925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2012
Closed on
Sep 28, 2012
Sold by
Quinn John J
Bought by
Ibrahm Rafat
Seller's Agent
ARVIN FALLARME
WEICHERT REALTORS
Buyer's Agent
Magdi Melik
PINNACLE REAL ESTATE GROUP LLC
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%
Current Estimated Value
$567,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,087
Avg. Annual Appreciation
9.82%
Original Mortgage
$156,695
Interest Rate
3.87%
Mortgage Type
FHA
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
Ibrahm Rafat $160,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahm Rafat $156,695
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $160,000 -19.6% $110 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $199,000 -- $137 / 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 $7,300 $261,100 $130,900 $130,200
2024 $7,005 $261,100 $130,900 $130,200
2023 $7,005 $261,100 $130,900 $130,200
2022 $6,875 $261,100 $130,900 $130,200
2021 $6,820 $261,100 $130,900 $130,200
2020 $6,700 $261,100 $130,900 $130,200
2019 $7,569 $87,700 $33,200 $54,500
2018 $7,418 $87,700 $33,200 $54,500
2017 $7,226 $87,700 $33,200 $54,500
2016 $6,959 $87,700 $33,200 $54,500
2015 $6,730 $87,700 $33,200 $54,500
2014 $6,529 $87,700 $33,200 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 120005073

Hudson County MLS

APN: 01-00329-0000-00014