NOT LISTED FOR SALE

601 Observer Hwy Unit 505 Hoboken, NJ 07030

Estimated Value: $1,032,000 - $1,241,000

2 Beds
2 Baths
1,426 Sq Ft
$278/mo HOA Fee

Last Sold April 02, 2015

Last sale price $765,000 $536 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,301/month

14 Days on Market

Highlights

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

About This Home

As of April 2015

Stunning 1426 sq ft 2 Bedroom, 2 bath unit in new steel and concrete building. Sleek and elegant in every way this unit includes a chef's kitchen with Silestone counter-tops and breakfast bar, massive master bedroom suite with walk-in closet and gorgeous bath with combination shower / tub, high-end appliances, great hardwood floors, washer/dryer in unit, balcony and more. Add parking and an elevator and you have the total package.

Last Agent to Sell the Property

Mark Singleton

SINGLETON GALMANN RE License #8437010 Listed on: 01/05/2015

Last Buyer's Agent

CONSTANCE SMITH

BOUTIQUE REALTY LLC License #0342041

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,670

Lot Details

  • 1,437

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,426 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

Outdoor Features

  • Terrace

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
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Owner's Personal Property
  • Legal Lot and Block 00011 / 00007
  • Assessor Parcel Number 16217

Community Details

Overview

  • Association fees include water, parking

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,670

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary
  • Exclusions: Owner's Personal Property
  • Inclusions: All Appliances, Light Fixtures and Window Treatments where present
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 16217
  • 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: 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: 1426
  • Price Per Sq Ft: 536.47

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car, Tandem-Private

Utilities

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

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor

Condo/Co-op/Association

  • Maintenance Fee Includes: Water, Parking

Fee Information

  • Monthly Maintenance Fee: 278

Lot Info

  • Geo Address Line: 601 Observer Hwy
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 04/03/2015
  • Geo Zoom Level: 16
  • Lot: 00011

Rental Info

  • Pets: Y

Tax Info

  • Year: 2014
  • Taxes: 9670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Mar 27, 2015
Sold by
Brookfield Relocation Inc
Bought by
Martland Stacey and Martland Daniel
Seller's Agent
Mark Singleton
SINGLETON GALMANN RE
Buyer's Agent
CONSTANCE SMITH
BOUTIQUE REALTY LLC
List Price
$759,000
Sold Price
$765,000
Premium/Discount to List
$6,000
0.79%
Current Estimated Value
$1,136,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,620
Avg. Annual Appreciation
3.49%
Original Mortgage
$612,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2015
Sold by
Macero Kevin D
Bought by
Brookfield Relocation Inc

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 17, 2013
Sold by
Merlo Adam and Chung Gloria
Bought by
Macero Kevin D
Seller's Agent
PAMELA RICCIONI
CENTURY 21 INNOVATIVE REALTY
Buyer's Agent
Mark Singleton
SINGLETON GALMANN RE
List Price
$699,601
Sold Price
$695,000
Premium/Discount to List
-$4,601
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$556,000
Interest Rate
3.39%
Mortgage Type
New Conventional
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
Martland Stacey $765,000 None Available
Brookfield Relocation Inc $765,000 Multiple
Macero Kevin D $695,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martland Stacey $612,000
Previous Owner Macero Kevin D $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $765,000 +0.8% $536 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $759,000 +9.2% $532 / Sq Ft
05/17/2013 05/17/13 Sold $695,000 -0.7% $487 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $699,601 -- $491 / 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 $11,959 $677,200 $202,500 $474,700
2024 $11,032 $677,200 $202,500 $474,700
2023 $11,032 $677,200 $202,500 $474,700
2022 $10,842 $677,200 $202,500 $474,700
2021 $10,835 $677,200 $202,500 $474,700
2020 $10,910 $677,200 $202,500 $474,700
2019 $10,828 $677,200 $202,500 $474,700
2018 $10,700 $677,200 $202,500 $474,700
2017 $10,781 $677,200 $202,500 $474,700
2016 $10,503 $677,200 $202,500 $474,700
2015 $10,138 $677,200 $202,500 $474,700
2014 $9,670 $677,200 $202,500 $474,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 150000177

Hudson County MLS

APN: 05-00007-0000-00011-0000-C0505