Seller's Agent in 2023
TIMOTHY SMITH
CORCORAN SAWYER SMITH
(201) 653-8000
29 in this area
53 Total Sales
The Saffron 217 Newark Ave Unit 512 Jersey City, NJ 07302
Downtown Jersey City NeighborhoodEstimated Value: $786,000 - $879,154
2
Beds
2
Baths
1,017
Sq Ft
$353/mo
HOA Fee
Highlights
- Fitness Center
- Contemporary Architecture
- Wood Flooring
- Dr Ronald McNair High School Rated A+
- Property is near a park
- 5-minute walk to Van Vorst Park
About This Home
As of October 2023Situated on the top floor of The Saffron, a condominium completed in 2010 and highly sought after for its central location and impeccable construction, this spacious and beautifully designed Two Bedroom residence features Two Bathrooms, a private Balcony, soaring 11ft high ceilings, durable and eco-friendly Bamboo floors, custom closets and an in-garage Parking space on a separate charge. With oversized windows and Eastern exposure, the entire interior is bathed in serene natural light. The sumptuous primary bedroom is furnished with a custom walk-in closet and an en-suite bathroom. The spectacular kitchen is equipped with lacquered white cabinets, new stainless-steel appliances of superior quality and Caesarstone countertops. Further, the immaculate residence owned and lovingly maintained by one owner is appointed with a washer and dryer and marvelous light fixtures. Located 3 blocks to Grove Street PATH and within mere moments to everything Downtown Jersey City has to offer, including Van Vorst Park, Liberty State Park, Ferry Station, Newark Avenue Pedestrian Plaza, restaurants, shops, gyms, schools and nightlife, The Saffron offers elevators, a parking garage for cars and bicycles, a roof terrace with BBQ grills and lounges, a community room, a private courtyard, a gym outfitted by Life Fitness, and intimate boutique atmosphere.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,635
Year Built
- 2009
Lot Details
- 0.48
HOA Fees
- $353 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,017 Sq Ft Home
- Living Room
- Wood Flooring
- Intercom
- Washer and Dryer
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Terrace
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Listing and Financial Details
- Exclusions: All personal furnishings and items.
- Legal Lot and Block 4 / 12702
Community Details
Overview
- Association fees include water
- The Saffron Condos
Amenities
- Recreation Room
- Elevator
Recreation
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2023
Closed on
Dec 22, 2023
Sold by
Day Lauren K
Bought by
Izard Jeffrey and Izard Alice
Seller's Agent
TIMOTHY SMITH
CORCORAN SAWYER SMITH
Buyer's Agent
Jill Biggs
COLDWELL BANKER REALTY
List Price
$799,000
Sold Price
$880,000
Premium/Discount to List
$81,000
10.14%
Total Days on Market
2
Views
197
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,211
Avg. Annual Appreciation
-4.18%
Purchase Details
Closed on
Sep 16, 2011
Sold by
Ftd Newark Avenue Llc
Bought by
Day Lauren K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.15%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Izard Jeffrey | $880,000 | Able Title Agency | |
| Day Lauren K | $439,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Day Lauren K | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2023 10/30/23 | Sold | $880,000 | +10.1% | $865 / Sq Ft |
| 09/14/2023 09/14/23 | Pending | -- | -- | -- |
| 09/12/2023 09/12/23 | For Sale | $799,000 | -- | $786 / Sq Ft |
Source: Hudson County MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $17,648 | $785,400 | $100,000 | $685,400 |
| 2023 | $17,648 | $785,400 | $100,000 | $685,400 |
| 2022 | $16,635 | $785,400 | $100,000 | $685,400 |
| 2021 | $12,598 | $785,400 | $100,000 | $685,400 |
| 2020 | $12,645 | $785,400 | $100,000 | $685,400 |
| 2019 | $12,095 | $785,400 | $100,000 | $685,400 |
| 2018 | $1,891 | $785,400 | $100,000 | $685,400 |
| 2017 | $9,914 | $127,100 | $26,000 | $101,100 |
| 2016 | $9,788 | $127,100 | $26,000 | $101,100 |
| 2015 | $7,243 | $127,100 | $26,000 | $101,100 |
| 2014 | $7,196 | $127,100 | $26,000 | $101,100 |
Source: Public Records
Agents Affiliated with this Home
-
TIMOTHY SMITH
-
FULVIO OGGIANO
Seller Co-Listing Agent in 2023
FULVIO OGGIANO
COLDWELL BANKER REALTY
(917) 747-5450
1 in this area
4 Total Sales
-
Jill Biggs
Buyer's Agent in 2023
Jill Biggs
COLDWELL BANKER REALTY
(973) 495-6038
220 in this area
1,630 Total Sales
About The Saffron
Map
Similar Homes in Jersey City, NJ
Source: Hudson County MLS
MLS Number: 230015216
APN: 06-12702-0000-00004-0000-C0512
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