NOT LISTED FOR SALE

601 Observer Hwy Unit 501 Hoboken, NJ 07030

Estimated Value: $1,036,000 - $1,102,000

2 Beds
2 Baths
1,379 Sq Ft
$305/mo HOA Fee

Last Sold August 09, 2021

Last sale price $850,000 $616 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,886/month

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 August 2021

Welcome home to this 1,379 SQFT 2.5 bed / 2 bath home w/ tandem parking @ Observer Lofts - A desirable downtown steel and concrete elevator building. Enjoy a gourmet kitchen w/ Viking & Sub-Zero appliances, granite countertops, wine fridge, and enormous breakfast bar. Open concept living area w/ 4 floor-to-ceiling windows allow light to permeate through the home. Primary bedroom offers large walk-in closet w/ pocket doors, a den for home office or storage, and a large ensuite bathroom w/ tub, rain shower, and frameless glass shower enclosure. The second bedroom is positioned on the opposite side of the home allowing for privacy w/ easy access to the second bath & Maytag washer/dryer. Other features include - hardwood floors throughout, recessed lighting, CAC, Nest thermostat, bike storage in garage, and low HOA fees. Close to the city’s best shopping, dining, parks, and recreation with easy access to NYC via Path, Ferry, or Bus.

Last Agent to Sell the Property

Gerard Stier

CORCORAN SAWYER SMITH License #0123606 Listed on: 05/29/2021

Last Buyer's Agent

Lorena Alvarez

EXP REALTY LLC License #2081555

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,528

Lot Details

  • 1,394

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,379 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 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

Listing and Financial Details

  • Legal Lot and Block 00011 / 00007
  • Assessor Parcel Number 16213

Community Details

Overview

  • Association fees include water, parking

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,528

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary
  • Exclusions: Personal property
  • Inclusions: As per listing. 1/2 of a Tandem parking spot 15/16.
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 16213
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 5
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Rooms: 6
  • 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
  • Level1 Number Other: 1
  • Estimated Sq Ft: 1379
  • Price Per Sq Ft: 616.39

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car, Tandem-Shared

Utilities

  • Heating/Cooling: A/C Central

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator
  • Maintenance Fee Includes: Water, Parking

Fee Information

  • Monthly Maintenance Fee: 305

Lot Info

  • Geo Address Line: 601 Observer Hwy
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/30/2021
  • Geo Zoom Level: 16
  • Lot: 00011

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 10528

Multi Family

  • Total Number Other: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Aug 4, 2021
Sold by
Mathew Rooni and Sienko Agnieszka
Bought by
Haddon Adrian Charles and Imbush Cherry Olivia
Seller's Agent
Gerard Stier
CORCORAN SAWYER SMITH
Buyer's Agent
Lorena Alvarez
EXP REALTY LLC
List Price
$859,000
Sold Price
$850,000
Premium/Discount to List
-$9,000
-1.05%
Current Estimated Value
$1,059,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,796
Avg. Annual Appreciation
5.57%
Original Mortgage
$743,750
Outstanding Balance
$676,757
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$387,177

Purchase Details

Closed on
Sep 16, 2011
Sold by
Gormley Thomas F
Bought by
Mathew Rooni and Sienko Agnieszka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Haddon Adrian Charles $850,000 Able Title Agency Llc
Mathew Rooni $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haddon Adrian Charles $743,750
Previous Owner Mathew Rooni $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $850,000 -1.0% $616 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $859,000 -- $623 / 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 $11,541 $653,500 $196,000 $457,500
2024 $10,646 $653,500 $196,000 $457,500
2023 $10,646 $653,500 $196,000 $457,500
2022 $10,463 $653,500 $196,000 $457,500
2021 $10,456 $653,500 $196,000 $457,500
2020 $10,528 $653,500 $196,000 $457,500
2019 $10,449 $653,500 $196,000 $457,500
2018 $10,325 $653,500 $196,000 $457,500
2017 $10,404 $653,500 $196,000 $457,500
2016 $10,136 $653,500 $196,000 $457,500
2015 $9,783 $653,500 $196,000 $457,500
2014 $9,332 $653,500 $196,000 $457,500
Source: Public Records

Agents Affiliated with this Home

  • Gerard Stier

    Seller's Agent in 2021

    Gerard Stier

    CORCORAN SAWYER SMITH

    (201) 407-7837

    18 in this area

    20 Total Sales

    Gerard Stier
    Section Image

  • L

    Buyer's Agent in 2021

    Lorena Alvarez

    EXP REALTY LLC

    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 210012995

Hudson County MLS

APN: 05-00007-0000-00011-0000-C0501

New Jersey Hudson County Hoboken 07030

601 Observer Hwy Unit 501, Hoboken, NJ

This home is located at 601 Observer Hwy Unit 501, Hoboken, NJ 07030 since 29 May 2021 and is currently estimated at $1,059,796, approximately $768 per square foot. 601 Observer Hwy Unit 501 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.

Nearby Homes