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131 Wegman Parkway

131 Wegman Parkway, Jersey City, NJ 07305
Property in Greenville
Sold Oct 14, 2021
$420,000
$490,000 by Home Point Financial Corporati
Mortgage Due Apr 01, 2052
Sold Aug 19, 2008
$369,000
$363,298 by American Bank
Mortgage Due Aug 01, 2038
Local assessors in Jersey City, NJ have categorized 131 Wegman Parkway as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 2,825 square feet. The linear feet between the front and back of the lot was measured at 1,130 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 131 Wegman Parkway has a total of 2,520 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 131 Wegman Parkway was last sold in Sep 9, 2021 for $420,000. According to our calculations, that's $166.67 per sqft. Prior to that sales transaction, the property was sold for $369,000 in Jul 29, 2008. Current property owners are expected to pay $7,213 in taxes per year. The property on 131 Wegman Parkway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $321,000. To break that down further, the land itself was valued at $92,000. While improvements to the property were assessed at a total of $229,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 6
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,825
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,520
  • Gross Building Area: 2,520
  • Building Area: 2,520
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.065
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : 131 WEGMAN PKWY LLC
  • Previous Owner : MUDVARY RAJEEV
  • Owner Before Previous Owner: GREENBERG GARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 005500

Geography

  • Assessors Map Reference: TAX MAP 250
  • Account Number: 00200535
  • District: 06
  • Parcel: 06 25001-0000-00029
  • Block: 25001
  • Lot: 29
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7045
  • Longitude: -74.0826

    Address

  • Full Address: 131 Wegman Pkwy
  • Address - House Number: 131
  • Address - Street Name: Wegman
  • Address - Suffix Type: Pkwy
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C026
  • 4-Digit Zip Code: 3314
  • Zip Code: 07305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,213

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 560,643
  • High Value: 712,841
  • Low Value: 408,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Loan Amount: $490,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $321,000
  • Market Land Value: $92,000
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,000
  • Assessed Land Value: $92,000
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11869534397
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20211014010107810
  • Previous Sale Recording Date: Aug 19, 2008
  • Previous Sale Contract Date: Jul 29, 2008
  • Previous Sale Amount: $369,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROADVIEW CAPITAL LLC
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $465,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BANK
  • Previous Mortgage Transaction Date: Aug 19, 2008
  • Previous Mortgage Loan Amount: $363,298
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Greenville



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Frequently Asked Questions

What neighborhood is 131 Wegman Parkway located in?
The 131 Wegman Parkway is a located in the neighborhood of Greenville in Greenville, Jersey City.
What is the average sales price for listings in 131 Wegman Parkway?
The average sales price for units in 131 Wegman Parkway is $0 currently.

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