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1004 Summit Avenue

1004 Summit Avenue, Jersey City, NJ 07307
Condo in The Heights
1004 Summit Avenue is a condo located in The Heights, Jersey City. The building was first built in 1920 and is 104 years old. The lot that the building was built on is 250 feet wide and 1,000 feet long. In total, 1004 Summit Avenue has a total floor area of 6,200 square feet. 1004 Summit Avenue has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 232 days and tend to sell below the original asking price of $2,300,000 by 85.88%. The transaction that took the longest to complete was listed on Mar 10, 2020 for $2,400,000. This particular unit ultimately sold 232 days later for $339,000. The most recent transaction sold for $399,000 on Dec 03, 2020. Fun fact, the oldest transaction we have on record took place on Oct 28, 2020. See the full transaction history for 1004 Summit Avenue below.

The Heights, where 1004 Summit Avenue is located, has a median asking price of $660,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,300,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Block Exterior
Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200708 Unit 2FLFRONT
07/08/2020
2 Bed
2 Bath
700 ft²
$439,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
700 ft²
-
-
-
JASON PASCALE
SMART CHOICE REALTY LLC
20200501 Unit 1REAR
05/01/2020
2 Bed
2 Bath
738 ft²
$439,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
738 ft²
-
-
-
JASON PASCALE
SMART CHOICE REALTY LLC
20200310
03/10/2020
Loft
-
-
$2,400,000
bedrooms
Loft
bathrooms
-
$339,000 -85.88%
10/28/2020
JASON PASCALE
SMART CHOICE REALTY LLC

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 3
  • Living Units: 5
  • Business/Commerical Units Count: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 6,200
  • Gross Building Area: 6,200
  • Building Area: 6,200
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Exempt
  • Subdivision: 1004 SUMMIT AVENUE CONDOMINIUM
  • Land Acres: 0.057
  • Standard Land Use Code: Exempt (full or partial)
  • Legal Description 1: FACILITY NAME: RESIDENCE

Ownership

  • Current Owner : CHENG ANDREW CHUNG WANG
  • Previous Owner : 1004 SUMMIT AVE LLC
  • Owner Before Previous Owner: 1004 SUMMIT AVE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000600

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 28
  • Account Number: 00113373
  • District: 06
  • Parcel: 06 02803-0000-00004
  • Block: 2803
  • Lot: 4
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7484
  • Longitude: -74.0504

    Address

  • Full Address: 1004 Summit Ave
  • Address - House Number: 1004
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C066
  • 4-Digit Zip Code: 3547
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,200
  • First Open Lien Mortgage Lender: NATION ONE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $319,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $818,300
  • Market Land Value: $270,000
  • Market Improvement Value: $548,300

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Transaction ID: 11806968957
  • Current Sale Price: $399,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20201203010083460
  • Previous Sale Recording Date: Oct 06, 2020
  • Previous Sale Contract Date: Aug 28, 2020
  • Previous Sale Amount: $399,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATION ONE MORTGAGE
  • First Mortgage Transaction Date: Dec 03, 2020
  • First Mortgage Loan Amount: $319,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About The Heights



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Frequently Asked Questions

What neighborhood is 1004 Summit Avenue located in?
The 1004 Summit Avenue is a condo located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 1004 Summit Avenue?
The average sales price for units in 1004 Summit Avenue is $2,300,000 currently.

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