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173 Beacon Avenue

173 Beacon Avenue, Jersey City, NJ 07306
Multifamily in The Heights
173 Beacon Avenue has been categorized by the local assessors in Jersey City, NJ as a residential type of property. The building on the property was first built in 1918 and is 106 years old. The home has a total of 6 rooms. 6 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 173 Beacon Avenue has 1,614 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 810 ft and across the front of the lot is 165 ft. The area measurement of the land has been determined as 1,337 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 173 Beacon Avenue sold most recently in Sep 26, 2019 for a total of $620,000. If you work out the math, that's approximately a cost of $384.14 per sqft. Before that, the property was also sold for $525,000 in Sep 25, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,941 in taxes each year. 173 Beacon Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $397,900. If we break it down further, the land itself was valued at $179,200. Improvements to the property, however, were assessed at a total of $218,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190627
06/27/2019
4 Bed
2 Bath
-
$679,000
bedrooms
4 Bed
bathrooms
2 Bath
$620,000 -8.69%
10/22/2019
LOUIS STINGONE
VUE REALTY GROUP LLC

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Total Rooms: 6
  • Bedroom Count: 6
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 807
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,337
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 165
  • Total Building Area: 1,614
  • Gross Building Area: 1,614
  • Building Area: 1,614
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.031
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : SHAH AMIT
  • Current Owner 2: SHAH CHINTAN
  • Previous Owner : HEYMAN DENNIS
  • Previous Owner 2: HEYMAN MARY
  • Owner Before Previous Owner: ADEDIPE AYOKUNLE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 001201

Geography

  • Assessors Map Reference: TAX MAP 56
  • Account Number: 00066050
  • District: 06
  • Parcel: 06 05603-0000-00009
  • Block: 5603
  • Lot: 9
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7382
  • Longitude: -74.0575

    Address

  • Full Address: 173 Beacon Ave
  • Address - House Number: 173
  • Address - Street Name: Beacon
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C058
  • 4-Digit Zip Code: 2517
  • Zip Code: 07306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,941

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 787,368
  • High Value: 997,337
  • Low Value: 577,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Oct 22, 2019
  • First Open Lien Mortgage Loan Amount: $496,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $397,900
  • Market Land Value: $179,200
  • Market Improvement Value: $218,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,900
  • Assessed Land Value: $179,200
  • Assessed Improvements Value: $218,700

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Oct 22, 2019
  • Current Sale Transaction ID: 11673084987
  • Current Sale Price: $620,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20191022010102580
  • Previous Sale Recording Date: Nov 10, 2015
  • Previous Sale Contract Date: Sep 25, 2015
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Oct 22, 2019
  • First Mortgage Loan Amount: $496,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 10, 2015
  • Previous Mortgage Loan Amount: $393,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About The Heights



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Nearby Rentals

Unit for rent at

$7,700 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,600 ft²
Listing by CHRISTINA TROMBINO
Unit for rent at

$7,500 /mo

  • 3 Beds
  • 2.5 Baths
Listing by RENEE CONDON

Frequently Asked Questions

What neighborhood is 173 Beacon Avenue located in?
The 173 Beacon Avenue is a multifamily located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 173 Beacon Avenue?
The average sales price for units in 173 Beacon Avenue is $679,000 currently.

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