Seller's Agent in 2020
Antonio Visaggio
COLDWELL BANKER RESIDENTIAL BROKERAGE
(917) 494-2822
5 in this area
34 Total Sales
61 Magnolia Ave Jersey City, NJ 07306
Journal Square NeighborhoodEstimated Value: $929,000 - $1,395,000
9
Beds
3
Baths
--
Sq Ft
3,136
Sq Ft Lot
Highlights
- Contemporary Architecture
- 3 Car Attached Garage
- Dining Room
- Dr Ronald McNair High School Rated A+
- Living Room
About This Home
As of December 2020PRIME LOCATION! This amazing Legal two-family home is a Rare gem ahead of its value. This high income producing property offers 9+full bedrooms, 3 full baths, 2-4 parking spots at 3065 Sq ft not including ground level. Gut renovated oversized lot situated on the border of Journal Square and downtown, Jersey City near the desirable section of Hamilton Park. With just a 5 minute walk to Journal Square Path offering only a 10 minute commute to NYC! Nestled on a 25x125 lot including 3065 Sq Ft. Original sanded and restored/stained hardwood floors, brand new kitchen/appliances, white quartz countertops and custom cabinets, new modern flooring, electric, new front brick steps and exterior. Driveway can fit 2 cars with the option of having the garage accommodate an additional two spaces for a total of 4 car spots. Unit 1, currently a duplex has a total of 6 bedrooms and 2 full baths with an open floor layout. The kitchen opens up to a large dining and living area and is great for entertainment. Ground level also offers two private entrances, 3 bedrooms, 1 full bath and the option of adding an additional kitchen/living room area. Unit 2 offers 3 bedrooms, 1 full bath and a large kitchen/dining area as well. Large oversized backyard. Recently upgraded electric panel. Located near all major transportation, houses of worship, major highways including 78, NJ turnpike and RT 139. Only a 5-10 Minute drive through Holland Tunnel into NYC. Private grammar school at the end of the block and high school only 2 blocks away. Located near all major shops, restaurants and parks, this home is a must see! Amazing investment opportunity or occupying with great rental income.
Last Agent to Sell the Property
COLDWELL BANKER RESIDENTIAL BROKERAGE License #1644404 Listed on: 08/29/2020
Last Buyer's Agent
COLDWELL BANKER RESIDENTIAL BROKERAGE License #1644404 Listed on: 08/29/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,017
Lot Details
- Lot Dimensions are 25 x 125
Parking
- 3 Car Attached Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 9 Bedrooms | 3 Main Level Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- 3 Bedrooms in Basement
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Legal Lot and Block 00013 / 10901
- Assessor Parcel Number 6425
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2020
Closed on
Dec 11, 2020
Sold by
Goel Anil K and Goel Nirmala
Bought by
Pate Jignesh Bhai and Patel Manisha
Seller's Agent
Antonio Visaggio
COLDWELL BANKER RESIDENTIAL BROKERAGE
Buyer's Agent
Antonio Visaggio
COLDWELL BANKER RESIDENTIAL BROKERAGE
List Price
$899,000
Sold Price
$853,000
Premium/Discount to List
-$46,000
-5.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,331
Avg. Annual Appreciation
6.85%
Original Mortgage
$682,400
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2020
Sold by
Sese Noberto Alvin and Sese Remedios
Bought by
Goel Anil K and Goel Nirmala
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 1982
Bought by
Sese Remedios
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pate Jignesh Bhai | $853,000 | First American Title | |
| Goel Anil K | $750,000 | Chicago Title Insurance Co | |
| Sese Remedios | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pate Jignesh Bhai | $682,400 | |
| Previous Owner | Goel Anil K | $562,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2020 12/17/20 | Sold | $853,000 | -5.1% | -- |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $899,000 | 0.0% | -- |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 08/29/2020 08/29/20 | For Sale | $899,000 | -- | -- |
Source: Hudson County MLS
Tax History Compared to Growth
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 | $15,975 | $715,400 | $342,500 | $372,900 |
| 2024 | $16,075 | $715,400 | $342,500 | $372,900 |
| 2023 | $16,075 | $715,400 | $342,500 | $372,900 |
| 2022 | $15,152 | $715,400 | $342,500 | $372,900 |
| 2021 | $11,475 | $715,400 | $342,500 | $372,900 |
| 2020 | $11,518 | $715,400 | $342,500 | $372,900 |
| 2019 | $11,017 | $715,400 | $342,500 | $372,900 |
| 2018 | $1,975 | $715,400 | $342,500 | $372,900 |
| 2017 | $10,351 | $132,700 | $10,800 | $121,900 |
| 2016 | $10,219 | $132,700 | $10,800 | $121,900 |
| 2015 | $9,929 | $132,700 | $10,800 | $121,900 |
| 2014 | $9,865 | $132,700 | $10,800 | $121,900 |
Source: Public Records
Agents Affiliated with this Home
-
Antonio Visaggio
Map
Source: Hudson County MLS
MLS Number: 202018708
APN: 06-10901-0000-00013
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