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48 West 54th Street

48 West 54th Street, Bayonne, NJ 07002
Property in Bayonne
Sold Oct 21, 2021
$600,000
$648,750 by Arc Home Llc
Mortgage Due Feb 01, 2052
Sold Jun 10, 2021
$300,000
$4,100,000 by Sf V Cle Lending Llc
Mortgage
48 West 54th Street in Bayonne, NJ was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. 48 West 54th Street has 2,360 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 295 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,945 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heating system. The property was last sold in Aug 25, 2021 for $600,000. That's $254.24 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2021 for $300,000. 48 West 54th Street was last assessed in 2023. The total value of the property was assessed at $539,700. Specifically, the land the property is located on was valued at $176,700. While improvements on the property were assessed at a total of $363,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $14,480. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,945
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 295
  • Total Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 48 WEST 54 ST LLC
  • Previous Owner : REDWOOD NJ BRIDGE PARTNERS LP
  • Owner Before Previous Owner: PASSAIC REO VENTURES LLC

Neighborhood

  • School District Name: Bayonne City School District
  • Census Tract: 010200

Zoning

  • Zoning: R2

Geography

  • Account Number: 10607000
  • District: 01
  • Parcel: 01 00035-0000-00038
  • Block: 35
  • Lot: 38
  • Municipality: BAYONNE CITY
  • Latitude: 40.6859
  • Longitude: -74.1023

    Address

  • Full Address: 48 W 54th St
  • Address - House Number: 48
  • Street Direction: W
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Bayonne
  • Carrier Code: C027
  • 4-Digit Zip Code: 4127
  • Zip Code: 07002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,480

    Appraisal Valuation

  • Standard Deviation: 0.2622
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 692,091
  • High Value: 873,619
  • Low Value: 510,563

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,297,500
  • First Open Lien Mortgage Lender: ARC HOME LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2023
  • First Open Lien Mortgage Loan Amount: $648,750
  • First Open Lien Mortgage Term: 343
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: ARC HOME LLC
  • Second Open Lien Mortgage Recording Date: Jan 31, 2022
  • Second Open Lien Mortgage Loan Amount: $648,750
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $539,700
  • Market Land Value: $176,700
  • Market Improvement Value: $363,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,700
  • Assessed Land Value: $176,700
  • Assessed Improvements Value: $363,000

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11869536735
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20211021010110690
  • Previous Sale Recording Date: Jun 10, 2021
  • Previous Sale Contract Date: May 04, 2021
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACCOLEND LLC
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $490,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2022

    Previous Mortgages

  • Previous Mortgage Lender: SF V CLE LENDING LLC
  • Previous Mortgage Transaction Date: Jun 10, 2021
  • Previous Mortgage Loan Amount: $4,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 48 West 54th Street located in?
The 48 West 54th Street is a located in the neighborhood of Bayonne in Bayonne, Bayonne.
What is the average sales price for listings in 48 West 54th Street?
The average sales price for units in 48 West 54th Street is $0 currently.

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