NOT LISTED FOR SALE

Estimated Value: $538,000 - $650,000

1 Bed
1 Bath
1,192 Sq Ft
$477/mo HOA Fee

Last Sold August 17, 2023

Last sale price $531,000 $445 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,712/month

8 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring
  • Dr Ronald McNair High School Rated A+
  • Property is near a park
  • 4-minute walk to Dr. Lena Edwards Park

About This Home

As of August 2023

Introducing a rare and highly desirable 1-bedroom/1-bathroom true loft-style condo at The Foundry Lofts. This unique residence showcases the perfect blend of modern amenities and industrial charm, making it a truly remarkable living space. Step into the unit and be greeted by the cozy living room, which exudes a warm and homey atmosphere. The kitchen is designed to be sleek modern and efficient. It features top-of-the-line Kitchen Aid appliances and granite countertops providing a durable surface for food preparation. The kitchen is an open concept, seamlessly integrating with the rest of the living area creating a sense of space and allowing for easy interaction with guests. The bedroom provides ample room for any size bed and bedroom furniture, offering a perfect sanctuary for relaxation and rejuvenation. Additionally, the unit boasts an outdoor semi-private space, allowing you to unwind and enjoy the outdoors. Custom smart lighting throughout the unit and custom window treatments adds a touch of elegance. No detail has been spared in this loft, as it features custom quality-built storage and closet systems, ensuring optimal organization and functionality. A full-size front-loading washer and gas dryer are conveniently located within the unit. The condo also includes a designer dining room chandelier, adding a touch of sophistication to your dining experience. Furthermore, a massive walk-in closet offers an abundance of storage space for your wardrobe and personal belongings. Residents of The Foundry Lofts enjoy a range of amenities, including 24-hour security, package management services, and a fitness center. The charming common patio serves as a gathering spot, complete with gas grills, planters, and a vibrant flower garden. The purchase of this condo includes one deeded car parking space. Located in the heart of the flourishing Lafayette neighborhood, you'll have easy access to the Liberty State Park, Downtown Jersey City, New York City and commuting options to via NJ Light Rail to Exchange Place PATH station. Don't miss out on this extraordinary opportunity to own a true loft-style condo in The Foundry Lofts. Contact us today to schedule a viewing and experience the epitome of urban living with style and convenience.

Last Listed By

Basilio Rivera

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1008875 Listed on: 05/29/2023

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,675

Year Built

  • 2005

Lot Details

  • 4.3

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,192 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

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

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All Personal property and possesions.
  • Legal Lot and Block 25 / 15802

Community Details

Overview

  • The Foundry Condos

Amenities

  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,675

Year Built

2005

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Exclusions: All Personal property and possesions.
  • Inclusions: Appliances and fixtures as installed. Outdoor furniture and privacy panels.
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 2005

Interior Features

  • Floor Number: 1
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Bedrooms: 1
  • Total Rooms: 5
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 1
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Level1 Number Other: 1
  • Estimated Sq Ft: 1192
  • Price Per Sq Ft: 445.47

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator, Exercise Room, Security, Shared Backyard
  • Complex Name: The Foundry

Fee Information

  • Monthly Maintenance Fee: 477

Lot Info

  • Geo Address Line: 300 Communipaw Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/29/2023
  • Geo Zoom Level: 16
  • Lot: 25

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 7675

Multi Family

  • Total Number Other: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Aug 14, 2023
Sold by
Laplaca Candace and Laplaca Joseph
Bought by
Kim Sooyeon Clara
Seller's Agent
Basilio Rivera
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Irene Barnaby
COMPASS NEW JERSEY, LLC
List Price
$549,000
Sold Price
$531,000
Premium/Discount to List
-$18,000
-3.28%
Total Days on Market
8
Views
55
Current Estimated Value
$569,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,612
Avg. Annual Appreciation
6.26%
Original Mortgage
$416,000
Outstanding Balance
$407,312
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$181,040

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Sooyeon Clara $531,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sooyeon Clara $416,000
Previous Owner Laplaca Joseph $250,000
Previous Owner Laplaca Jopash $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $531,000 -3.3% $445 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/29/2023 05/29/23 For Sale $549,000 -- $461 / Sq Ft
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

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 $672 $29,900 $29,900 $0
2023 $672 $29,900 $29,900 $0
2022 $633 $29,900 $29,900 $0
2021 $480 $29,900 $29,900 $0
2020 $481 $29,900 $29,900 $0
2019 $460 $29,900 $29,900 $0
2018 $68 $29,900 $29,900 $0
2017 $359 $4,600 $4,600 $0
2016 $354 $4,600 $4,600 $0
2015 $344 $4,600 $4,600 $0
2014 $342 $4,600 $4,600 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Hudson County MLS

MLS Number: 230008744

Hudson County MLS

APN: 06-15802-0000-00025-01-C0040