NOT LISTED FOR SALE

Estimated Value: $1,250,000 - $5,760,989

0.14 Acre
$25,219,388 Price per Acre
6,059 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $1,850,000

Est. 89% increase in value since last sale

Current estimated payment $19,913/month

About This Lot

As of October 2022

Buildable Lot in the heart of Journal Square 2060 Redevelopment Plan Zone 4. Approx 6000 sq ft that would allow for a new 5 Story Apartment Building.

Last Agent to Sell the Property

Joachim Horvitz

COMPASS NEW JERSEY, LLC License #0231736 Listed on: 11/24/2021

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Joachim Horvitz

COMPASS NEW JERSEY, LLC License #0231736 Listed on: 11/24/2021

COMPASS NEW JERSEY, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,583

Lot Details

  • 6,059 Sq Ft Lot
  • Lot Dimensions are 39.08 x 155.05
  • Property is zoned Journal Square 2060 Z-4

Listing and Financial Details

  • Legal Lot and Block 57 / 12203
  • Assessor Parcel Number 37511

Property Details

Property Type

Land

Est. Annual Taxes

$10,583

Lot Details

0

Listing Details

  • Class: VACANT LAND
  • Type: Vacant Land
  • Front Feet: 39
  • Lead Paint Form: Yes
  • Section: Journal Square
  • Assessor Parcel Number: 37511
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Geo Address Line: 72 Vroom St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 11/24/2021
  • Geo Zoom Level: 16
  • Lot: 57
  • Lot Size: 39.08 x 155.05
  • Lot Sq Ft: 6059
  • Number of Lots: 1
  • Zoning: Journal Square 2060 Z-4

Tax Info

  • Taxes: 10583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
72-76 Vroom Llc
Bought by
72-76 Vroom Llc
Current Estimated Value
$3,505,495

Purchase Details

Listed on
Nov 24, 2021
Closed on
Oct 10, 2022
Sold by
Shahid Mohammad R and Shahid Robina
Bought by
72-76 Vroom Llc
Seller's Agent
Joachim Horvitz
COMPASS NEW JERSEY, LLC
Buyer's Agent
Joachim Horvitz
COMPASS NEW JERSEY, LLC
List Price
$1,800,000
Sold Price
$1,850,000
Premium/Discount to List
$50,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.47%

Purchase Details

Closed on
Sep 1, 2004
Sold by
Malinao Pedro Alberto and Malinao Florinda M
Bought by
Shahid Mohammad R and Riaz Robina
Source: Public Records

Range of Values:

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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
72-76 Vroom Llc -- None Listed On Document
72-76 Vroom Llc $1,850,000 Acres Land Title
72-76 Vroom Llc $1,850,000 Acres Land Title
Shahid Mohammad R $325,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 72-76 Vroom Llc $13,100,000
Previous Owner Shahid Mohammad R $205,000
Previous Owner Shahid Mohammad R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $1,850,000 +2.8% --
12/10/2021 12/10/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $1,800,000 -- --
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 $14,826 $4,280,500 $4,180,500 $100,000
2024 $14,826 $4,725,600 $4,725,600 $0
2023 $14,826 $659,800 $389,400 $270,400
2022 $13,975 $659,800 $389,400 $270,400
2021 $10,583 $659,800 $389,400 $270,400
2020 $10,623 $659,800 $389,400 $270,400
2019 $10,161 $659,800 $389,400 $270,400
2018 $1,710 $659,800 $389,400 $270,400
2017 $8,962 $114,900 $27,400 $87,500
2016 $8,848 $114,900 $27,400 $87,500
2015 $8,597 $114,900 $27,400 $87,500
2014 $8,542 $114,900 $27,400 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210026151

Hudson County MLS

APN: 06-12203-0000-00057