See Home Value
Jersey City 07304 Bergen - Lafayette
522 MARTIN LUTHER KING JR DR
$630,000 - $768,000
House - Off Market

522 MARTIN LUTHER KING JR DR

JC, Bergen-Lafayett, NJ 07304
bedrooms
4 Beds
bathrooms
3 Baths
Sold Apr 10, 2023
$363,000
Buyer
Seller
Sold Nov 27, 2006
$263,000
$249,850 by American Financial Resources I
Mortgage Due Dec 01, 2036

About This Property

Welcome to Townhome 522, an exquisite gut-renovated brick residence in the sought after Bergen Lafayette section of Jersey City. Immerse yourself in the perfect blend of old-school elegance with modern sophistication, highlighted by stunning herringbone floors and open concept living. This custom home stands out as a testament to refined living, nestled in one of the most picturesque row home blocks in the neighborhood. Property features a bonus in-law suite downstairs with a full bathroom.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1895

Price History

Date / Event Date Event Price
Feb 3, 2024 No longer available -
No longer available
Jan 11, 2024 Listed $699,000
Listed
Jan 3, 2024 No longer available -
No longer available
Oct 19, 2023 Price Decreased $799,000
↓ $50K (5.9%)
Price Decreased
Oct 12, 2023 Price Decreased $849,000
↓ $50K (5.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Total Rooms: 2
  • Bedroom Count: 2
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 552
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 79,032
  • Lot Size Depth Feet: 61,840
  • Lot Size Frontage Feet: 128
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.814
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ABG 522 LLC
  • Previous Owner : FLOYD JACKIE
  • Owner Before Previous Owner: GRIFFIN WESLEY O
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 004300

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 186
  • Account Number: 00342980
  • District: 06
  • Parcel: 06 18601-0000-00006
  • Block: 18601
  • Lot: 6
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7155
  • Longitude: -74.0745

    Address

  • Full Address: 522 Martin Luther King Jr Dr
  • Address - House Number: 522
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C003
  • 4-Digit Zip Code: 2411
  • Zip Code: 07304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,802

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 791,517
  • High Value: 866,002
  • Low Value: 717,032

    Market Valuation

  • Market Total Value: $213,700
  • Market Land Value: $61,200
  • Market Improvement Value: $152,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,700
  • Assessed Land Value: $61,200
  • Assessed Improvements Value: $152,500

    Sales

  • Current Sale Contract Date: Jan 17, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Transaction ID: 11906532306
  • Current Sale Price: $363,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 10025050
  • Previous Sale Recording Date: Nov 27, 2006
  • Previous Sale Contract Date: Nov 06, 2006
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • Previous Mortgage Transaction Date: Nov 27, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $249,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$669,000 Nov 30, -0001
$645,000 Dec 30, 2022
-
House
3 Beds
2 Baths
-
$640,000 Apr 28, 2022
$640,000 Sep 2, 2022
$456/mo
House
3 Beds
4 Baths
-
$749,900 Nov 30, -0001
$755,000 May 11, 2022
-
House
5 Beds
3 Baths
-
$675,000 Jul 24, 2023
$675,000 Jul 24, 2023
$631/mo
House
3 Beds
3 Baths
-
$600,000 Jul 25, 2023
$600,000 Jul 25, 2023
$633/mo
House
3 Beds
2 Baths
-
$620,000 Sep 14, 2023
$620,000 Sep 14, 2023
$756/mo
House
4 Beds
2 Baths
-
$624,999 Nov 3, 2023
-
$357/mo
Condo
4 Beds
2.5 Baths
1,700 ft²
$411/ft²
$699,000 Nov 12, 2023
-
-
Condo
4 Beds
3 Baths
2,000 ft²
$390/ft²
$779,000 Jan 9, 2024
-
$290/mo
House
3 Beds
3 Baths
-
$649,000 May 11, 2023
-
$633/mo
In Contract
Multifamily
4 Beds
3 Baths
-
$675,500 Dec 11, 2023
-
$684/mo
House
3 Beds
3 Baths
-
$589,000 Sep 7, 2023
-
$563/mo

About Bergen - Lafayette


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Frequently Asked Questions

When was property at 522 Martin Luther King Jr Drive built and last sold?
The property at 522 Martin Luther King Jr Drive was built in 1895 and last sold on Jan 17, 2023 for $363,000.
How much is this home worth?
The estimated value of the home located at 522 Martin Luther King Jr Drive is $705,990.
What are some comparable homes to 522 Martin Luther King Jr Drive?
Homes that are comparable to 522 Martin Luther King Jr Drive include a house property at 71 Oak Street, a condo property at 222 Clerk Street, 208 Harrison Avenue.

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