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497 Monmouth Street

497 Monmouth Street, Jersey City, NJ 07302
Property in Hamilton Park
Sold Aug 24, 2022
$1,255,000
$1,000,000 by Greenway Mortgage Funding Corp
Mortgage Due Aug 01, 2052
Sold Jul 20, 2017
$1,150,000
$920,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2047
497 Monmouth Street in Jersey City, NJ was first built in 1880 and is 144 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 3 rooms in the home, of which, 3 are bedrooms. 497 Monmouth Street has 956 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 167 ft and the linear feet between the front and back of the lot is 500. In total, the area measurement of the land is 834 square feet.

Learn more about the property and building on this page. There is a patio. 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. 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, 497 Monmouth Street was last sold in Jul 22, 2022 for $1,255,000. According to our calculations, that's $1,312.76 per sqft. Prior to that sales transaction, the property was sold for $1,150,000 in Jun 7, 2017. Current property owners are expected to pay $24,674 in taxes per year. The property on 497 Monmouth Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,098,100. To break that down further, the land itself was valued at $511,100. While improvements to the property were assessed at a total of $587,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1880
  • Effective Year Built: 1880
  • Total Rooms: 3
  • Bedroom Count: 3
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 508
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 834
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 167
  • Total Building Area: 956
  • Building Area: 956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.019
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PEREZ CARINNA
  • Current Owner 2: PEREZ RAFAEL
  • Previous Owner : TASHJIAN GARY S
  • Previous Owner 2: TASHJIAN JULIA
  • Owner Before Previous Owner: LOUGHLIN CHRISTOPHER
  • Owner Before Previous Owner 2: LOUGHLIN CAITLIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 002200

Geography

  • Assessors Map Reference: TAX MAP 85
  • Account Number: 00045732
  • District: 06
  • Parcel: 06 08503-0000-00020
  • Block: 8503
  • Lot: 20
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7276
  • Longitude: -74.0488

    Address

  • Full Address: 497 Monmouth St
  • Address - House Number: 497
  • Address - Street Name: Monmouth
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C045
  • 4-Digit Zip Code: 1523
  • Zip Code: 07302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,674

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,237,563
  • High Value: 1,779,943
  • Low Value: 695,182

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: GREENWAY MORTGAGE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Aug 24, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $1,098,100
  • Market Land Value: $511,100
  • Market Improvement Value: $587,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,098,100
  • Assessed Land Value: $511,100
  • Assessed Improvements Value: $587,000

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Transaction ID: 11900172752
  • Current Sale Price: $1,255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10088700
  • Previous Sale Recording Date: Jul 20, 2017
  • Previous Sale Contract Date: Jun 07, 2017
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENWAY MORTGAGE FUNDING CORP
  • First Mortgage Transaction Date: Aug 24, 2022
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 20, 2017
  • Previous Mortgage Loan Amount: $920,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 497 Monmouth Street located in?
The 497 Monmouth Street is a located in the neighborhood of Hamilton Park in Historic Downtown, Jersey City.
What is the average sales price for listings in 497 Monmouth Street?
The average sales price for units in 497 Monmouth Street is $0 currently.

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