NOT LISTED FOR SALE

83 Congress St Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,059,000 - $1,319,000

3 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold May 26, 2021

Last sale price $650,000

Est. 78% increase in value since last sale

Current estimated payment $7,302/month

174 Days on Market

About This Home

As of May 2021

Location! Location! Location! Great investment opportunity for this centrally located 2 family in the heart of the Heights section of Jersey City. Walking distance to the Congress St light rail, schools, parks and shopping. Open backyard layout is great for outdoor space. Ground floor unit is 1 bedroom/1 bathroom duplex. 2nd floor is 2 bedroom/1 bathroom duplex. Each unit has it's own entrance. Tenants pay electricity and gas for cooking and landlord pays all other utilities.

Last Agent to Sell the Property

Peter Lee

REMAX COMPETITIVE EDGE License #1004098 Listed on: 09/01/2020

REMAX COMPETITIVE EDGE

Last Buyer's Agent

Peter Lee

REMAX COMPETITIVE EDGE License #1004098 Listed on: 09/01/2020

REMAX COMPETITIVE EDGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,991

Lot Details

  • Lot Dimensions are 25 x 100

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Insurance Expense $511
  • Water Sewer Expense $540

Listing and Financial Details

  • Legal Lot and Block 00020 / 02204
  • Assessor Parcel Number 12728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,991

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 12728
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 3
  • Basement: Crawl Space, Unfinished
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: Vacant
  • Second Floor Bedrooms: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1450
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Fl1 Rooms: 2
  • Fl2 Rooms: 2
  • Fl3 Rooms: 3

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Utilities

  • Heat Expense: 1140
  • Heating/Cooling: A/C Window, Gas, Radiators

Fee Information

  • Insurance Expense: 511
  • Water Sewer Expenses: 540

Lot Info

  • Geo Address Line: 83 Congress St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 09/01/2020
  • Geo Zoom Level: 16
  • Lot: 00020
  • Lot Size: 25 X 100

Tax Info

  • Taxes: 5991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
83 Congress Jcnj Llc
Bought by
Lok Teresa and Teng Alan
Current Estimated Value
$1,160,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2023
Sold by
83 Congress Jcnj Llc
Bought by
Singh Aditya and Chandra Bhumika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2023
Sold by
83 Congress Jcnj Llc
Bought by
83 Congress Street Condominium Association In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2020
Closed on
May 10, 2021
Sold by
Egan John and Egan Suzanne M
Bought by
83 Congress Jcnj Llc
Seller's Agent
Peter Lee
REMAX COMPETITIVE EDGE
Buyer's Agent
Peter Lee
REMAX COMPETITIVE EDGE
List Price
$679,000
Sold Price
$650,000
Premium/Discount to List
-$29,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$1,015,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Stafford Raymond and Stafford Danielle
Bought by
Egan John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 1997
Sold by
Fox Lois and Nesis Barbara
Bought by
Stafford Raymond
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
Lok Teresa $945,000 Chicago Title
Singh Aditya $975,000 Allied Title
83 Congress Street Condominium Association In -- None Listed On Document
83 Congress Jcnj Llc $650,000 North East Title Agency
Egan John $262,000 Fidelity National Title Insu
Stafford Raymond $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lok Teresa $756,000
Previous Owner Singh Aditya $926,250
Previous Owner 83 Congress Jcnj Llc $1,015,000
Previous Owner Jem81 Llc $675,000
Previous Owner Egan John $207,000
Previous Owner Egan John R $250,000
Previous Owner Egan John $30,400
Previous Owner Egan John $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $650,000 -4.3% --
02/22/2021 02/22/21 Pending -- -- --
11/06/2020 11/06/20 For Sale $679,000 0.0% --
10/27/2020 10/27/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $679,000 -2.9% --
09/01/2020 09/01/20 For Sale $699,000 -- --
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 $13,743 -- -- --
2024 $13,743 $0 $0 $0
2023 $13,743 $611,600 $480,500 $131,100
2022 $8,239 $389,000 $240,000 $149,000
2021 $6,240 $389,000 $240,000 $149,000
2020 $6,263 $389,000 $240,000 $149,000
2019 $5,991 $389,000 $240,000 $149,000
2018 $1,414 $389,000 $240,000 $149,000
2017 $7,410 $95,000 $20,000 $75,000
2016 $7,316 $95,000 $20,000 $75,000
2015 $7,108 $95,000 $20,000 $75,000
2014 $7,062 $95,000 $20,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Lee

    Seller's Agent in 2021

    Peter Lee

    REMAX COMPETITIVE EDGE

    (646) 667-9227

    1 in this area

    28 Total Sales

    Peter Lee
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Map

Source: Hudson County MLS

MLS Number: 202019036

Hudson County MLS

APN: 06-02204-0000-00020

New Jersey Hudson County Jersey City 07307 The Heights

83 Congress St, Jersey City, NJ

This home is located at 83 Congress St, Jersey City, NJ 07307 since 01 September 2020 and is currently estimated at $1,160,232. 83 Congress St is a home located in Hudson County with nearby schools including Christa McAuliffe School, William L. Dickinson High School, and Dr Ronald McNair High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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