NOT LISTED FOR SALE

707 Bergen Ave Jersey City, NJ 07306

West Side Neighborhood

Estimated Value: $635,000 - $927,000

5 Beds
-- Bath
1,490 Sq Ft
$500/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $705,000 $473 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,742/month

55 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Patio
  • Liberty High School Rated A-
  • Private Yard
  • 4-minute walk to Boyd-McGuiness Park

About This Home

As of January 2024

Look no further for Your Next Great Investment Opportunity! Multifamily home in Jersey City boasts endless possibilities. Live in 1 unit while renting out the other, or rent out both for maximum gain! Situated in a great neighborhood in a prime Jersey City location, close to Lincoln Park & Hudson Bergen Light Rail for an easy commute. Both Units offer Hardwood and Ceramic Tile flooring throughout, and are well maintained. The ground floor unit holds a spacious Living room with recessed lighting, Kitchen offers SS Appliances & Granite Counters, 1 sizable Bedroom, and 1 Full Bath with tub shower. Make your way upstairs to find the 2-story 2nd Unit. The Light & Bright Living Rm welcomes you in with an open floor plan to the Dining Rm. Eat in Kitchen offers a Center Island, a plethora of cabinetry for storing kitchen needs, and access to the rear deck. Upstairs, 4 Bedrooms with ample closet space and the main full bath with tub shower. Private Entrances and all separate utilities. Relax outdoors on the Deck, Covered Patio o nin the plush yard, all fenced in for your privacy. Live in the heart of Jersey City. This conveniently situated property is a few short blocks from many eateries and shops nearby. Take in the fantastic views of the waterfront. Don't wait, come and see for yourself! This one won't last!!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 11/24/2023

RE/MAX 1st ADVANTAGE

Co-Listed By

STEPHEN SANTURRO

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,831

Year Built

  • Built in 1908

Lot Details

  • 2,004 Sq Ft Lot
  • Lot Dimensions are 1135.00 x 18.00
  • Private Entrance
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,831

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.046
  • Lot Size: 1135.00 x 18.00
  • Co List Office Mls Id: RFIR03
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1908
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Full, Storage Space, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,4 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1490
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Level, Near Public Transit
  • Exterior Features: Patio, Curbs, Deck, Sidewalk, Fencing/Wall, Yard, Private Entrance
  • Patio And Porch Features: Patio, Deck
  • Roof: Flat

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 2004
  • Zoning: C-2

Tax Info

  • Tax Annual Amount: 9831
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Jan 16, 2024
Sold by
Herrera William
Bought by
Herrera Edwin
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$640,000
Sold Price
$705,000
Premium/Discount to List
$65,000
10.16%
Views
128
Current Estimated Value
$745,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,173
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Nov 21, 2003
Sold by
Blackstone Gerald G
Bought by
Herrera William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2003
Sold by
Mccabe Charles
Bought by
Blackstone Gerald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Herrera Edwin $705,000 Weichert Title
Kim Jun $705,000 Weichert Title
Herrera William $225,000 --
Blackstone Gerald G $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera William $100,000
Previous Owner Blackstone Gerald G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $705,000 +10.2% $473 / Sq Ft
11/24/2023 11/24/23 For Sale $640,000 -- $430 / Sq Ft
Source: All Jersey 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 $9,769 $437,500 $164,900 $272,600
2024 $9,831 $437,500 $164,900 $272,600
2023 $9,831 $437,500 $164,900 $272,600
2022 $9,266 $437,500 $164,900 $272,600
2021 $7,018 $437,500 $164,900 $272,600
2020 $7,044 $437,500 $164,900 $272,600
2019 $6,738 $437,500 $164,900 $272,600
2018 $1,354 $437,500 $164,900 $272,600
2017 $7,098 $91,000 $14,100 $76,900
2016 $7,008 $91,000 $14,100 $76,900
2015 $6,809 $91,000 $14,100 $76,900
2014 $6,765 $91,000 $14,100 $76,900
Source: Public Records

Agents Affiliated with this Home

  • Robert Dekanski

    Seller's Agent in 2024

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    3 in this area

    2,730 Total Sales

    Robert Dekanski
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    STEPHEN SANTURRO

    RE/MAX

    (732) 589-5596

    2 in this area

    105 Total Sales

    STEPHEN SANTURRO
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2405675R

All Jersey MLS

APN: 06-16501-0000-00026

New Jersey Hudson County Jersey City 07304 West Side

707 Bergen Ave, Jersey City, NJ

Not Listed for Sale

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