NOT LISTED FOR SALE

685 Summit Ave Jersey City, NJ 07306

The Heights Neighborhood

Estimated Value: $934,000 - $1,546,000

10 Beds
3.5 Baths
-- Sq Ft
1,481 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $950,000

Est. 22% increase in value since last sale

Current estimated payment $7,145/month

162 Days on Market

Highlights

  • Brownstone
  • Living Room
  • Dining Room
  • Liberty High School Rated A-

About This Home

As of November 2022

Steps to Journal Square PATH train and all of the areas many delights with this 3-Family having a special layout and many many rooms (each apartment is over 1500 sq ft) . 10-12 Ft Ceilings, possible side decks, roof top deck with NY skyline views. This is a must see. Modern kitchens and baths, turn key move in condition. A Huge opportunity here 3-4 Condo conversion possibilities or owner occupant with 2-3 big rents to pay expenses.

Last Agent to Sell the Property

Ellason Curdgele

COLDWELL BANKER REALTY License #9805217 Listed on: 04/07/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Ronald Ruiz

REMAX VILLA REALTORS License #0339036

REMAX VILLA REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,841

Lot Details

  • 1,481

Home Design

  • Brownstone
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms | 3 Main Level Bedrooms

Community Details

  • Insurance Expense $1,500
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Assessor Parcel Number 9806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,841

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Brownstone
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 9806
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Bedrooms: 10
  • Total Living Rooms: 4
  • Basement Living Rooms: 1
  • Basement Other Rooms: 3
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Half Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: Other-See Remarks

Utilities

  • Heating/Cooling: Other-See Remarks

Fee Information

  • Insurance Expense: 1500
  • Water Sewer Expenses: 1200

Lot Info

  • Geo Address Line: 685 Summit Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95

Tax Info

  • Year: 2021
  • Taxes: 8841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Oct 28, 2022
Sold by
Hirnyy Tamara and Hirnyy Bohdan
Bought by
Akshar 685 Llc
Seller's Agent
Ellason Curdgele
COLDWELL BANKER REALTY
Buyer's Agent
Ronald Ruiz
REMAX VILLA REALTORS
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Views
2
Current Estimated Value
$1,162,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,011
Avg. Annual Appreciation
6.87%
Original Mortgage
$690,000
Outstanding Balance
$668,604
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$493,407

Purchase Details

Closed on
Mar 28, 2003
Sold by
Manocchio Felice and Manocchio Dolores
Bought by
Hirnyy Bohdan and Hirnyy Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
5.28%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 1994
Sold by
Melillo Salvatore and Melillo Lawrence
Bought by
Olivo Kelvin J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Akshar 685 Llc $950,000 Old Republic National Title
Akshar 685 Llc $950,000 Old Republic National Title
Hirnyy Bohdan $285,000 --
Olivo Kelvin J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akshar 685 Llc $690,000
Closed Akshar 685 Llc $690,000
Previous Owner Hirnyy Bohdan $338,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $950,000 -5.0% --
09/16/2022 09/16/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $999,995 -11.1% --
07/29/2022 07/29/22 Price Changed $1,125,000 -6.3% --
07/26/2022 07/26/22 For Sale $1,200,000 -9.4% --
05/16/2022 05/16/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $1,325,000 -- --
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 $12,308 $551,200 $202,600 $348,600
2024 $12,385 $551,200 $202,600 $348,600
2023 $12,385 $551,200 $202,600 $348,600
2022 $11,674 $551,200 $202,600 $348,600
2021 $8,841 $551,200 $202,600 $348,600
2020 $8,874 $551,200 $202,600 $348,600
2019 $8,488 $551,200 $202,600 $348,600
2018 $1,637 $551,200 $202,600 $348,600
2017 $8,580 $110,000 $37,100 $72,900
2016 $8,471 $110,000 $37,100 $72,900
2015 $8,230 $110,000 $37,100 $72,900
2014 $8,177 $110,000 $37,100 $72,900
Source: Public Records

Agents Affiliated with this Home

  • Ellason Curdgele

    Seller's Agent in 2022

    Ellason Curdgele

    COLDWELL BANKER REALTY

    (201) 914-1694

    24 in this area

    109 Total Sales

    Ellason Curdgele
    Section Image

  • R

    Buyer's Agent in 2022

    Ronald Ruiz

    RE/MAX

    (201) 890-9970

    1 in this area

    6 Total Sales

    Ronald Ruiz
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220006054

Hudson County MLS

APN: 06-05502-0000-00019

New Jersey Hudson County Jersey City 07306 The Heights

685 Summit Ave, Jersey City, NJ

Not Listed for Sale

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Information is deemed reliable but not guaranteed.

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