NOT LISTED FOR SALE

8516 3rd Ave North Bergen, NJ 07047

Estimated Value: $894,000 - $1,045,000

7 Beds
4 Baths
-- Sq Ft
2,901 Sq Ft Lot

Last Sold December 03, 2024

Last sale price $940,000

Est. 3% increase in value since last sale

Current estimated payment $6,008/month

43 Days on Market

About This Home

As of December 2024

Discover an exceptional investment opportunity in the prime Racetrack area of North Bergen with this well-maintained multifamily property. Featuring 3-three apartments, the first two units boast 2-two bedrooms, a large living room, a formal dining room, and a kitchen, while the third unit offers a 1-bedroom layout with an open concept living, dining, and kitchen area, and a full bathroom. The finished basement includes two 3-room spaces and an additional full bathroom. The property also offers ample parking with a private driveway, a 2-car garage, and three tandem spaces. Situated in an excellent location close to public transportation, shops, and restaurants, this income property combines convenience and comfort for its residents. The property is perfect for investors looking for rental income or for extended family living. Its prime location ensures easy access to amenities and services, making it highly attractive to potential tenants.

Last Agent to Sell the Property

Monica Capellan

Prominent Properties Sotheby's International Realty-Edgewater Listed on: 07/17/2024

Prominent Properties Sotheby's International Realty-Edgewater

Last Buyer's Agent

Maria Geraldo

RE/MAX Villa Realtors-North Bergen

RE/MAX Villa Realtors-North Bergen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,383

Lot Details

  • 2,901

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 2,901 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00008 / 00388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,383

Lot Details

2,901 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-840-8898
  • MLS Status: Sold - Sold
  • Directions: Between 85th and 87th Streets
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Remarks: Basement: one-bed, one-bath, two extra rooms

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2901.0

Tax Info

  • Tax Annual Amount: 11383.0
  • Tax Block: 00388
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Nov 1, 2024
Sold by
Jose Nestor Marinas Living Trust and Marinas Jose Nestor
Bought by
Nb Hudson Capital Partners Llc
Seller's Agent
Monica Capellan
Prominent Properties Sotheby's International Realty-Edgewater
Buyer's Agent
Maria Geraldo
RE/MAX Villa Realtors-North Bergen
List Price
$998,800
Sold Price
$940,000
Premium/Discount to List
-$58,800
-5.89%
Views
4677
Current Estimated Value
$968,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,599
Avg. Annual Appreciation
2.51%
Original Mortgage
$775,500
Outstanding Balance
$768,371
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$200,228

Purchase Details

Closed on
Aug 26, 2023
Sold by
Marinas Jose N and Marinas Adelaida C
Bought by
Jose Nestor Marinas Living Trust and Marinas

Purchase Details

Closed on
Apr 13, 1984
Bought by
Marinas Jose N and Marinas Adelaida C
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

Date Buyer Sale Price Title Company
Nb Hudson Capital Partners Llc $940,000 Westcor Land Title
Nb Hudson Capital Partners Llc $940,000 Westcor Land Title
Jose Nestor Marinas Living Trust -- None Listed On Document
Jose Nestor Marinas Living Trust -- None Listed On Document
Marinas Jose N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nb Hudson Capital Partners Llc $775,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $940,000 -5.9% --
08/29/2024 08/29/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $998,800 -- --
Source: New Jersey MLS

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 $12,215 $699,200 $318,000 $381,200
2024 $11,383 $699,200 $318,000 $381,200
2023 $11,383 $699,200 $318,000 $381,200
2022 $11,040 $699,200 $318,000 $381,200
2021 $9,769 $166,900 $69,600 $97,300
2020 $9,567 $166,900 $69,600 $97,300
2019 $9,557 $166,900 $69,600 $97,300
2018 $9,406 $166,900 $69,600 $97,300
2017 $9,231 $166,900 $69,600 $97,300
2016 $9,124 $166,900 $69,600 $97,300
2015 $8,831 $166,900 $69,600 $97,300
2014 $8,746 $166,900 $69,600 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24022993

New Jersey MLS

APN: 08-00388-0000-00008-02

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