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123 Terrace Avenue

123 Terrace Avenue, Jersey City, NJ 07307
Property in The Heights
123 Terrace Avenue in Jersey City, NJ was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 3 floors. There are a total of 2 rooms in the home, of which, 2 are bedrooms. 123 Terrace Avenue has 660 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 123 Terrace Avenue was last sold in Sep 20, 2020 for $680,000. According to our calculations, that's $1,030.30 per sqft. Prior to that sales transaction, the property was sold for $535,000 in Sep 20, 2020. Current property owners are expected to pay $0 in taxes per year. The property on 123 Terrace Avenue was last assessed in 2023. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181016
10/16/2018
Studio
-
-
$369,000
bedrooms
Studio
bathrooms
-
-
-
-
SARA NESHEIWAT
KELLER WILLIAMS CITY LIFE JC REALTY

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 2
  • Bedroom Count: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 660
  • Garage Type: Garage
  • 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: 660
  • Gross Building Area: 660
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP NO 2 HUDSON CITY TERRACE
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FACILITY NAME: RESIDENCE

Ownership

  • Current Owner : ROMAN SOURVONE
  • Previous Owner : JOHN & MARYAN LLC
  • Owner Before Previous Owner: JOHN & MARYAN LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000400

Geography

  • Assessors Map Reference: TAX MAP 25
  • Account Number: 00146795
  • District: 06
  • Parcel: 06 02502-0000-00050
  • Block: 2502
  • Lot: 50
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7506
  • Longitude: -74.058

    Address

  • Full Address: 123 Terrace Ave
  • Address - House Number: 123
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C030
  • 4-Digit Zip Code: 4150
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $400,000
  • Market Improvement Value: $50,000

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Sep 20, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Transaction ID: 11806377272
  • Current Sale Price: $680,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20201026010073510
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Sep 20, 2020
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOND STREET MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 26, 2020
  • First Mortgage Loan Amount: $544,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NEW JERSEY LENDERS CORP
  • Previous Mortgage Transaction Date: Oct 15, 2020
  • Previous Mortgage Loan Amount: $508,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About The Heights



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Frequently Asked Questions

What neighborhood is 123 Terrace Avenue located in?
The 123 Terrace Avenue is a other located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 123 Terrace Avenue?
The average sales price for units in 123 Terrace Avenue is $0 currently.

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