NOT LISTED FOR SALE

Estimated Value: $681,529

6 Beds
2 Baths
1,960 Sq Ft
$348/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2021

Last sale price $480,000 $245 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,591 / mo

38 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Hot Water Heating System

About This Home

As of August 2021

The two-family investment property has a consistent rental history of 100% occupancy in this metro edge city. A two-year lease beginning March 1st, 2021, was signed by the apartment one tenants. Apartment two recently signed a one-year lease for $1,700. The second-floor apartment is approximately 7% below market comps. The tenant, a friend of the previous tenant, received a sweetheart lease. The first-floor apartment has three bedrooms, a living room, and a dining area. They have exclusive use to the backyard and the washer and dryers in the basement. Apartment two is a duplex with three bedrooms on the first floor, and attic used as both a children’s playroom and a fourth bedroom. The property is approximately .3 miles from the 22nd St light rail station. Broadway is .3 miles from the subject property, where you will find restaurants that cater to American, Italian, Latin American, and Asian cuisine. In the subject area block area, you will find similar one-family and two-family residences. There is Walmart, Lidel, and Costco within .7 and .9 miles from home, respectively. The cross street of Avenue F is experiencing exponential growth with a transit village approved will be within walking distance of the property.

Last Agent to Sell the Property

Robert Arnone

RCA MANAGEMENT PROPERTIES, LLC License #1969657 Listed on: 03/01/2021

Last Buyer's Agent

Saquib Rahim

COLDWELL BANKER REALTY License #1542256

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,070

Lot Details

  • 2,657

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,050
  • Water Sewer Expense $1,800

Listing and Financial Details

  • Assessor Parcel Number 12888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,070

Lot Details

2,657 Sq Ft Lot

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 12888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 6
  • Basement: Unfinished
  • Total Living Rooms: 2
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1750
  • Floor 2 Dining Room: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1700

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Utilities

  • Heating/Cooling: A/C Window, Gas, Hot Water, Radiators

Fee Information

  • Insurance Expense: 1050
  • Other Expense: 4000
  • Water Sewer Expenses: 1800

Lot Info

  • Geo Address Line: 79 E 24th St
  • Geo Primary City: Bayonne
  • Geo Quality: 0.95

Tax Info

  • Year: 2021
  • Taxes: 9070

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jul 26, 2021
Sold by
Bought by
Seller's Agent
Robert Arnone
RCA MANAGEMENT PROPERTIES, LLC
Buyer's Agent
Saquib Rahim
COLDWELL BANKER REALTY
List Price
$499,999
Sold Price
$480,000
Premium/Discount to List
-$19,999
-4%
Current Estimated Value
$681,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,529
Avg. Annual Appreciation
7.30%
Original Mortgage
$392,000
Outstanding Balance
$348,663
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$333,954

Purchase Details

Closed on
Jun 21, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,795
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 Catic Title Insurance Co
$231,000 Foundation Title Llc
-- Rapid Title Research Llc
$385,000 Nuco Title Ins Agency Inc
$260,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $392,000
Previous Owner $184,500
Previous Owner $459,795
Previous Owner $77,000
Previous Owner $308,000
Previous Owner $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $480,000 -4.0% $245 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $499,999 0.0% $255 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $499,999 -- $255 / Sq Ft
Source: Hudson County MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,181 $353,500 $159,900 $193,600
2025 $10,181 $353,500 $159,900 $193,600
2024 $9,484 $353,500 $159,900 $193,600
2023 $9,484 $353,500 $159,900 $193,600
2022 $9,308 $353,500 $159,900 $193,600
2021 $9,233 $353,500 $159,900 $193,600
2020 $9,071 $353,500 $159,900 $193,600
2019 $8,052 $93,300 $35,700 $57,600
2018 $7,891 $93,300 $35,700 $57,600
2017 $7,687 $93,300 $35,700 $57,600
2016 $7,403 $93,300 $35,700 $57,600
2015 $7,160 $93,300 $35,700 $57,600
2014 $6,946 $93,300 $35,700 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210004711

Hudson County MLS

APN: 01-00442-0000-00003

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