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198 Van Nostrand Avenue

198 Van Nostrand Avenue, Jersey City, NJ 07305
Property in Greenville
198 Van Nostrand 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 1930 and is 94 years old. The building has a total of 2 stories. In addition, 198 Van Nostrand Avenue has 2,247 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 980 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,450 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 frame control joints. In terms of heating, it is utilizing a heating system. The property was last sold in May 22, 2023 for $575,000. That's $255.90 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2018 for $133,477. 198 Van Nostrand Avenue was last assessed in 2023. The total value of the property was assessed at $314,400. Specifically, the land the property is located on was valued at $84,600. While improvements on the property were assessed at a total of $229,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,065. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

No Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230522
05/22/2023
6 Bed
2 Bath
-
$575,000
bedrooms
6 Bed
bathrooms
2 Bath
$575,000
05/22/2023
-
Francesco Mazzaferro
Christie's International Real Estate Northern New Jersey Inc.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,450
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,247
  • Building Area: 2,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,247
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.056
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : HERNANDEZ MIGUEL A GARCIA
  • Previous Owner : GDLC HOLDINGS LLC
  • Owner Before Previous Owner: CPMG JC01 LLC

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 005600

Geography

  • Assessors Map Reference: TAX MAP 249
  • Account Number: 00208876
  • District: 06
  • Parcel: 06 24901-0000-00022
  • Block: 24901
  • Lot: 22
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7033
  • Longitude: -74.0889

    Address

  • Full Address: 198 Van Nostrand Ave
  • Address - House Number: 198
  • Address - Street Name: Van Nostrand
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C018
  • 4-Digit Zip Code: 3010
  • Zip Code: 07305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,065

    Appraisal Valuation

  • Standard Deviation: 0.0937
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 583,169
  • High Value: 637,814
  • Low Value: 528,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $546,250
  • First Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 12, 2023
  • First Open Lien Mortgage Loan Amount: $546,250
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $379,206
  • Market Land Value: $102,038
  • Market Improvement Value: $277,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,400
  • Assessed Land Value: $84,600
  • Assessed Improvements Value: $229,800

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Transaction ID: 11911253061
  • Current Sale Price: $575,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10040350
  • Previous Sale Recording Date: Nov 15, 2018
  • Previous Sale Contract Date: Sep 26, 2018
  • Previous Sale Amount: $133,477
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VALLEY NATIONAL BANK
  • First Mortgage Transaction Date: Jun 12, 2023
  • First Mortgage Loan Amount: $546,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM BANK
  • Previous Mortgage Transaction Date: Nov 15, 2018
  • Previous Mortgage Loan Amount: $2,050,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Greenville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 198 Van Nostrand Avenue located in?
The 198 Van Nostrand Avenue is a located in the neighborhood of Greenville in Greenville, Jersey City.
What is the average sales price for listings in 198 Van Nostrand Avenue?
The average sales price for units in 198 Van Nostrand Avenue is $0 currently.

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