NOT LISTED FOR SALE

88 Hancock Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $923,000 - $1,160,000

8 Beds
5 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $975,000

Est. 4% increase in value since last sale

Current estimated payment $6,641/month

15 Days on Market

About This Home

As of March 2024

88 Hancock Ave, a charming 3-family house with a hidden gem and a 4th studio unit, is your ticket to owning a piece of the vibrant JC Heights! Low out of pocket expenses while others help pay your mortgage: This is a walkable paradise with parks, transit, and shops at your doorstep! Plus, light use rooftop for chilling on the 2nd floor, & an income-boosting studio behind the 1st! Bonus finished basement space for your personal gym, man cave, or extra income!

Last Agent to Sell the Property

Julio C Perez

Liberty Realty, LLC Listed on: 02/15/2024

Liberty Realty, LLC

Last Buyer's Agent

Julio C Perez

Liberty Realty, LLC Listed on: 02/15/2024

Liberty Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,975

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00041 / 02903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,975

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (201) 222-2900
  • MLS Status: Sold - Sold
  • Directions: Between Bowers & Griffith Streets
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Remarks: 1 Bed, Kit, 1FB, 2Rooms - Vacant

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 14975.0
  • Tax Block: 02903
  • Tax Lot: 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 27, 2024
Sold by
Rueda Leon A
Bought by
Pagam Prakash and Pagam Dhanashree Prakash
Seller's Agent
Julio C Perez
Liberty Realty, LLC
Buyer's Agent
Julio C Perez
Liberty Realty, LLC
List Price
$984,985
Sold Price
$975,000
Premium/Discount to List
-$9,985
-1.01%
Views
26
Current Estimated Value
$1,010,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,331
Avg. Annual Appreciation
2.18%
Original Mortgage
$780,000
Outstanding Balance
$768,390
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$241,941

Purchase Details

Closed on
Jan 23, 2004
Sold by
Reyes Dionisio and Reyes Matilde
Bought by
Rueda Leon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,986
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2002
Sold by
Reyes Dionicio Genero and Reyes Matilde
Bought by
Reyes Dionicio Genero and Reyes Matilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.85%

Purchase Details

Closed on
Jan 11, 2000
Sold by
Younan Fayez H
Bought by
Reyes Dionicio Genero and Reyes Matilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,902
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1995
Sold by
Younan Magdy H and Younan Jaleeleh
Bought by
Younan Fayez H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pagam Prakash $975,000 Providence Abstract
Pagam Prakash $975,000 Providence Abstract
Pagam Prakash $975,000 Providence Abstract
Rueda Leon A $392,000 --
Reyes Dionicio Genero -- --
Reyes Dionicio Genero $142,700 --
Younan Fayez H $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagam Prakash $780,000
Closed Pagam Prakash $780,000
Previous Owner Rueda Leon A $377,986
Previous Owner Reyes Dionicio Genero $125,000
Previous Owner Reyes Dionicio Genero $131,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $975,000 -1.0% --
03/01/2024 03/01/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $984,985 -- --
Source: New Jersey 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 $15,787 $707,000 $250,000 $457,000
2024 $15,886 $707,000 $250,000 $457,000
2023 $15,886 $707,000 $250,000 $457,000
2022 $14,974 $707,000 $250,000 $457,000
2021 $11,340 $707,000 $250,000 $457,000
2020 $11,383 $707,000 $250,000 $457,000
2019 $10,888 $707,000 $250,000 $457,000
2018 $1,637 $707,000 $250,000 $457,000
2017 $8,580 $110,000 $20,000 $90,000
2016 $8,471 $110,000 $20,000 $90,000
2015 $8,230 $110,000 $20,000 $90,000
2014 $8,177 $110,000 $20,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Julio C Perez

    Seller's Agent in 2024

    Julio C Perez

    Liberty Realty, LLC

    (917) 797-2423

    3 in this area

    24 Total Sales

    Julio C Perez
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Map

Source: New Jersey MLS

MLS Number: 24004665

New Jersey MLS

APN: 06-02903-0000-00041

New Jersey Hudson County Jersey City 07307 The Heights

88 Hancock Ave, Jersey City, NJ

Not Listed for Sale

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