NOT LISTED FOR SALE

601 Observer Hwy Unit 403 Hoboken, NJ 07030

Estimated Value: $972,767 - $1,208,000

2 Beds
2 Baths
1,344 Sq Ft
$259/mo HOA Fee

Last Sold October 03, 2013

Last sale price $705,000 $525 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,646/month

13 Days on Market

Highlights

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

About This Home

As of October 2013

Enjoy modern luxury in this spacious 2BR/2BA split floor plan condo in Observer Lofts. Gourmet kitchen features high-end appliances: Sub-Zero Refrigerator, Viking Range, Miele Dishwasher & Wine Fridge. The large open living room & dining area is ideal for entertaining. Relax in the Master Suite, with custom WIC & designer spa-like bathroom. Also includes Hardwood Floors throughout, AC, W/D in unit, Additional Storage, Deeded Garage Parking & Bike Lock-up Room. Easy access to transportation & highways.

Last Agent to Sell the Property

JULIE MLAKAR

BERKSHIRE HATHAWAY HUDSON RIVER PROPERTIES License #1224533 Listed on: 07/10/2013

Last Buyer's Agent

NICHOLAS COSTANTINO

EMPIRE REALTY GROUP LLC License #0014629

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,329

Lot Details

  • 1,350

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Tandem Parking

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: All Personal Property.
  • Legal Lot and Block 00011 / 00007
  • Assessor Parcel Number 16210

Community Details

Overview

  • Association fees include water, parking
  • Observer Lofts Condos

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,329

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary
  • Exclusions: All Personal Property.
  • Inclusions: Sub-Zero Refrigerator, Viking Range, Miele Dishwasher, Wine Fridge, W/D.
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 16210
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 4
  • Appliances Included: Dishwasher, 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 1 Number Bedrooms: 2
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1344
  • Price Per Sq Ft: 524.55

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car, Garage, Tandem-Shared

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator, Storage
  • Complex Name: Observer Lofts
  • Maintenance Fee Includes: Water, Parking

Fee Information

  • Monthly Maintenance Fee: 259

Lot Info

  • Geo Address Line: 601 Observer Hwy
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 10/04/2013
  • Geo Zoom Level: 16
  • Lot: 00011

Rental Info

  • Pets: Y

Tax Info

  • Year: 2012
  • Taxes: 9329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Oct 2, 2013
Sold by
Saggar Sandeep A and Saggar Jyoti A
Bought by
Sridhar Vivek and Vasudevan Soumya
Seller's Agent
JULIE MLAKAR
BERKSHIRE HATHAWAY HUDSON RIVER PROPERTIES
Buyer's Agent
NICHOLAS COSTANTINO
EMPIRE REALTY GROUP LLC
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$1,052,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,192
Avg. Annual Appreciation
3.40%
Original Mortgage
$564,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sridhar Vivek $705,000 Lt National Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sridhar Vivek $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2013 10/03/13 Sold $705,000 0.0% $525 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $705,000 -- $525 / 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 $9,713 $550,000 $191,000 $359,000
2024 $8,960 $550,000 $191,000 $359,000
2023 $8,960 $550,000 $191,000 $359,000
2022 $8,806 $550,000 $191,000 $359,000
2021 $8,800 $550,000 $191,000 $359,000
2020 $10,262 $637,000 $191,000 $446,000
2019 $10,186 $637,000 $191,000 $446,000
2018 $10,065 $637,000 $191,000 $446,000
2017 $10,141 $637,000 $191,000 $446,000
2016 $9,880 $637,000 $191,000 $446,000
2015 $9,536 $637,000 $191,000 $446,000
2014 $9,096 $637,000 $191,000 $446,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JULIE MLAKAR

    BERKSHIRE HATHAWAY HUDSON RIVER PROPERTIES

  • N

    Buyer's Agent in 2013

    NICHOLAS COSTANTINO

    EMPIRE REALTY GROUP LLC

See All Agents

Map

Source: Hudson County MLS

MLS Number: 130008517

Hudson County MLS

APN: 05-00007-0000-00011-0000-C0403

New Jersey Hudson County Hoboken 07030

601 Observer Hwy Unit 403, Hoboken, NJ

This home is located at 601 Observer Hwy Unit 403, Hoboken, NJ 07030 since 10 July 2013 and is currently estimated at $1,052,192, approximately $782 per square foot. 601 Observer Hwy Unit 403 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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