NOT LISTED FOR SALE

Estimated Value: $871,598 - $1,071,000

1 Bed
1 Bath
748 Sq Ft
$615/mo HOA Fee

Last Sold April 18, 2022

Last sale price $967,500 $1,293 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,250/month

42 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Contemporary Architecture
  • Dr Ronald McNair High School Rated A+
  • River View
  • 2-minute walk to Newport Green Park

About This Home

As of April 2022

Located between two PATH terminals, on a flourishing park adjacent to the Hudson River waterfront in Jersey City’s vibrant Newport neighborhood, are the 358 custom-designed residences of 75 Park Lane. Comprised of spacious studios to oversized three bedrooms, state-of-the-art luxury penthouses with mid century artisan touches throughout and a welcoming porte cochere, 75 Park Lane is a warm & stylish addition to the Jersey City waterfront. Standing 37 stories high, this sanctuary in the sky offers its residents peace at home while watching the sunrise set against panoramic vistas. These intelligently crafted luxury condominiums are surrounded by light, air, green space and spectacular views of the Hudson River and Manhattan Skyline. Each residence features elegant chef’s kitchens, designed for both casual dining and entertaining, with Integral Bosch appliance package, undermount stainless steel sink, Madreperola Quartzite waterfall island and countertop, and millwork with satin nickel trim. The master baths are also thoughtfully designed with clean lines, precise craftsmanship, Stellar White marble floors and walls, frameless all-glass shower and custom vanity. The impressive features of 75 Park Lane also include in-unit washer/dryers, adjustable central A/C and a suite of smart home features including keyless entry. Whether it’s work or play, 75 Park Lane’s amenities create a homeowner’s paradise with an indoor heated lap pool and adjacent fitness center, complete with yoga room, teak-line Spa, and steam rooms. Its wine tasting lounge with a private dining room sits next to a co-working space, private conference room, and multimedia lounge for movie nights or karaoke. A favorite of golf enthusiasts is the sixth floor putting green set against panoramic views of Midtown Manhattan and Newport Green Park. The sky lounge, a landscaped rooftop lounge and dining area with a full prep kitchen, makes a tranquil place for you to unwind or host large gatherings of friends.

Last Agent to Sell the Property

MEILING LEE

DYNASTY CAPITAL GROUP, LLC License #0682857 Listed on: 01/19/2022

Last Buyer's Agent

Diana Sutherlin

COMPASS NEW JERSEY, LLC License #0571933

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,697

Lot Details

  • 1.18

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

Home Design

  • Contemporary Architecture

Interior Spaces

  • 748 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

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
  • Heating System Uses Gas
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 00009 / 07302
  • Assessor Parcel Number 90689

Community Details

Overview

  • Association fees include heat, water, gas, hot water, air conditioner
  • Taylor Management Company Association, Phone Number (201) 500-9785
  • 75 Park Lane Condos

Amenities

  • Doorman
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,697

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Inclusions: Fixtures and appliances
  • Miscellaneous: New York View, River View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Downtown
  • Assessor Parcel Number: 90689
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 27
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Bedrooms: 1
  • Total Rooms: 4
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Level1 Number Other: 1
  • Estimated Sq Ft: 748
  • Price Per Sq Ft: 1293.45

Garage/Parking

  • Parking Available: Garage, Detached

Utilities

  • Heating/Cooling: A/C Central, Electric, Gas, Heat Pump

Association/Amenities

  • Amenities Included: Terrace, Hardwood Floor
  • Management Company: Taylor Management Company

Condo/Co-op/Association

  • Common Amenities: Community Room, Doorman, Elevator, Exercise Room, Jacuzzi, Play Area, Pool, Security, Storage, Wash/Dry Room
  • Complex Name: 75 Park Lane
  • Maintenance Fee Includes: Heat, Water, Gas, Hot Water, Air Conditioner
  • Management Contact Info: (201) 500-9785

Fee Information

  • Mo Fee Year: 2022
  • Monthly Maintenance Fee: 615

Lot Info

  • Geo Address Line: 75 Park Ln S
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 01/19/2022
  • Geo Zoom Level: 16
  • Lot: 00009

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 15697

Multi Family

  • Total Number Other: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Apr 7, 2022
Sold by
75 Park Lane Llc
Bought by
Chilukamari Vamshi
Seller's Agent
MEILING LEE
DYNASTY CAPITAL GROUP, LLC
Buyer's Agent
Diana Sutherlin
COMPASS NEW JERSEY, LLC
List Price
$975,000
Sold Price
$967,500
Premium/Discount to List
-$7,500
-0.77%
Current Estimated Value
$982,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,400
Avg. Annual Appreciation
1.41%
Original Mortgage
$774,000
Outstanding Balance
$727,587
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$286,640
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
Chilukamari Vamshi $967,500 Acres Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chilukamari Vamshi $774,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $967,500 -0.8% $1,293 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $975,000 -- $1,303 / 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 $15,484 $693,400 $100,000 $593,400
2024 $15,581 $693,400 $100,000 $593,400
2023 $15,581 $693,400 $100,000 $593,400
2022 $14,686 $693,400 $100,000 $593,400
2021 $9,432 $588,000 $100,000 $488,000
2020 $7,945 $493,500 $100,000 $393,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220001140

Hudson County MLS

APN: 06-07302-0000-00009-0000-C2706