501 Ocean Ave, Jersey City, NJ 07305

8 beds5 baths-- sqft Edit

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Sold: $182,000
Sold on 03/18/13
Zestimate®: $342,633
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Modern 2FAM w/hardwood floors, central air and 3 finished levels of living space (full finished basement above grade). Needs some TLC. Main street location. Lot size: 25.08 x 87 Taxes: $13,833 * NOTE THIS IS A BANK OWNED PROPERTY AND NOT A SHORT SALE. THIS PROPERTY IS READY TO BE SOLD TODAY * SOLD STRICTLY AS-IS. BUYER RESPONSIBLE FOR CO AND ALL OTHER MUNI REQ'MENTS.

Facts

  • Lot: 2,178 sqft
  • Multi Family
  • Built in 2004
  • Views: 1,745 all time views
  • Last sold: Mar 2013 for $182,000

Features

  • Parking: Off street

      Construction

      • Stories: 2

      Other

      • Lot depth: 87 ft
      • Lot width: 25 ft
      • Parcel #: 0625002000000015
      • Zillow Home ID: 88864988

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $342,633
      +$502 Last 30 days
      $298K
      $394K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,295/mo
      +$365 Last 30 days
      $1.5K
      $2.9K
      Zestimate range
      Owner estimate:
      Posted on 01/02/2013
      $225,000 (based on home appraisal)

      Improve This Home's Value

      The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

      The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

      Mid-Range Minor Kitchen Remodel

      • Mid-Range Minor Kitchen Remodel

      • + 23.5K VALUE
      • Project cost: $19,957
      • See kitchen ideas

      Deck Addition

      Mid-Range Major Kitchen Remodel

      • Mid-Range Major Kitchen Remodel

      • + 53.2K VALUE
      • Project cost: $58,536
      • See kitchen ideas

      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      1,745 all-time views
      of this home (chart)
      219 forecasted views of this home
      in the first 7 days after listing for sale
      (262 views if listed for rent)

      Comparable Homes

      Homes like this sold for $250-415K.

      $220K
      $450K

      Mortgages

      Neighborhood: Greenville

      Zillow predicts Greenville home values will decrease 1.2% next year, compared to a 0.3% rise for Jersey City as a whole.

      Foreclosures will be a factor impacting home values in the next several years. In Greenville, the number of foreclosures waiting to be sold is 95.1% greater than in Jersey City, and 56.1% higher than the national average. This higher local number may prevent Greenville home values from rising as quickly as other regions in Jersey City.  read more Less 

      Nearby

        For Sale

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        Rentals

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        Nearby Schools in Jersey City

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org