NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,529,000

2 Beds
2 Baths
1,171 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $1,095,000 $935 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,842/month

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Dr Ronald McNair High School Rated A+
  • Property is near a park
  • 3-minute walk to Newport Green Park

About This Home

As of October 2023

Available now. Pets friendly. Rent includes water, hot water, cooking gas and access to all amenities. Residence #425 is housed within one of the finest luxury condominiums in the waterfront of Jersey City. This Southwestern-corner 2BR/2BA unit is in mint condition, replenished with luxe interiors and high-end appliances with a great sense of space and light. The home features high ceilings, South and West exposures, multiple floor-to-ceiling glass curtain walls taking in abundant natural light all day long, wide plank White Oak flooring throughout, kitchen venting system, custom window curtains, etc. It offers smart keyless entry, in-unit washer/dryers, adjustable central A/C, etc. The elegant chef’s kitchen features Bosch appliance package, custom walnut cabinets, and a large Madreperola Quartz waterfall island which is ideal for both cooking and entertaining. The bathroom is also thoughtfully designed with stunning white marble floors and deep soaking tub. 75 Park Lane is the newest full-service building in this area featuring 24-hr concierge and doorman, on-site super. 20,000 sq. ft. of amenity space features an indoor heated lap pool and adjacent fitness center, yoga room, teak-line Spa, steam rooms and saunas, wine tasting lounge with a private dining room sitting next to a co-working space, private conference room, multimedia lounge for movie nights or karaoke, and the sky lounge, a landscaped rooftop lounge and dining area with a full prep kitchen. A favorite of golf enthusiasts is on the sixth floor, overlooking Midtown Manhattan and Newport Green Park. This superb location is conveniently located minutes from Newport Green Park, Newport Mall, Duane Reade, Morton Williams, ShopRite, BJ’s, daycares, schools, shopping and dining. Ferry to NYC, Newport and Hoboken Path stations, and the Newport Light Rail Station are nearby. Garage parking is available for rent nearby. No Smoking. Acceptance of pets is contingent upon the landlord's approval and non-refundable pet fee may apply.

Last Agent to Rent the Property

SHUANG FU

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1754266 Listed on: 08/10/2023

Last Renter's Agent

ADRIENN FEHER

ELITE REALTORS OF NEW JERSEY License #2189760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,999

Year Built

  • 2020

Lot Details

  • 1.18

Parking

  • Detached Garage

Interior Spaces

  • 1,171 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

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 Available

Listing and Financial Details

  • Exclusions: Personal items
  • Legal Lot and Block 00009 / 07302

Community Details

Amenities

  • Doorman
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,999

Year Built

2020

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Pets Allowed: Y
  • Rental Amount: 4950
  • Lease: Yes
  • Move In Fee: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Building Style: Multi-Level
  • Exclusions: Personal items
  • Inclusions: All existing appliances
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Downtown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2020

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 1171

Garage/Parking

  • Parking Available: Detached, Covered, Garage

Utilities

  • Heating/Cooling: A/C Central, Electric, Hot Air
  • Ll Gas: Y
  • Ll Hot Water: Y
  • Ll Water: Y

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Doorman, Security, Pool, Health Club, Community Room, Sauna, Exercise Room, Jacuzzi, Play Area, Elevator, Wash/Dry Room, PUBLIC ROOF TOP
  • Complex Name: 75 Park Lane

Lot Info

  • Geo Address Line: 75 Park Ln S
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00009

Tax Info

  • Ll Taxes: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jul 13, 2021
Sold by
75 Park Lane Llc
Bought by
Zou Zhichao and Zhang Mojin
Seller's Agent
MEILING LEE
DYNASTY CAPITAL GROUP, LLC
Buyer's Agent
SHUANG FU
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$1,354,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,909
Avg. Annual Appreciation
5.08%
Original Mortgage
$400,000
Outstanding Balance
$357,707
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$997,202
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
Zou Zhichao $1,095,000 Fidelity National Ttl Ins Co
Zou Zhichao $1,095,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Zhichao $400,000
Closed Zou Zhichao $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Rented $4,950 0.0% --
10/17/2023 10/17/23 Under Contract -- -- --
10/05/2023 10/05/23 Price Changed $4,950 -4.8% $4 / Sq Ft
08/10/2023 08/10/23 For Rent $5,200 0.0% --
07/13/2021 07/13/21 Sold $1,095,000 -1.8% $934 / Sq Ft View Prior Sale
05/06/2021 05/06/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $1,115,000 +1.8% $951 / Sq Ft
02/25/2021 02/25/21 For Sale $1,095,000 -- $934 / 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 $20,999 $940,400 $100,000 $840,400
2024 $21,131 $940,400 $100,000 $840,400
2023 $21,131 $940,400 $100,000 $840,400
2022 $19,918 $940,400 $100,000 $840,400
2021 $13,875 $865,000 $100,000 $765,000
2020 $11,536 $716,500 $100,000 $616,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230013374

Hudson County MLS

APN: 06-07302-0000-00009-0000-C0425