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20 Constitution Way

20 Constitution Way, Jersey City, NJ 07305
Property in Hudson
Sold Nov 13, 2012
$555,000
$416,000 by Mortgage Master Inc
Mortgage Due Nov 01, 2042
Sold May 20, 2006
$1,325,000
$1,060,000 by Washington Mutual Bank Fa
Mortgage Due Apr 01, 2036
Local assessors in Jersey City, NJ have categorized 20 Constitution Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 98,010 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 2 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 8 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 20 Constitution Way has a total of 2,141 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with metal control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 20 Constitution Way sold most recently in Oct 15, 2012 for a total of $555,000. If you work out the math, that's approximately a cost of $259.22 per sqft. Before that, the property was also sold for $1,325,000 in Mar 22, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $16,023 in taxes each year. 20 Constitution Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $713,100. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $623,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 2
  • Bedroom Count: 2
  • Construction Type: Metal
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 98,010
  • Total Building Area: 2,141
  • Building Area: 2,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,141
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PORT LIBERTE CONDOMINIUM III
  • Land Acres: 2.25
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: FACILITY NAME: PORT LIBERTE III

Ownership

  • Current Owner : OBANDO JORGE
  • Current Owner 2: OBANDO DENNIS
  • Previous Owner : KIM JI SUN
  • Previous Owner 2: LEE SUNG HEE
  • Owner Before Previous Owner: NEW LIBERTY RESIDENTIAL URBAN RENEWAL CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 005802

Geography

  • Assessors Map Reference: TAX MAP 275
  • Account Number: 00574845
  • District: 06
  • Parcel: 06 27503-0000-00024-0000-C0020
  • Block: 27503
  • Lot: 24
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.6898
  • Longitude: -74.0722

    Address

  • Full Address: 20 Constitution Way
  • Address - House Number: 20
  • Address - Street Name: Constitution
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C052
  • 4-Digit Zip Code: 5414
  • Zip Code: 07305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,023

    Appraisal Valuation

  • Standard Deviation: 0.2483
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 876,198
  • High Value: 1,093,797
  • Low Value: 658,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: MORTGAGE MASTER INC
  • First Open Lien Mortgage Recording Date: Nov 13, 2012
  • First Open Lien Mortgage Loan Amount: $416,000
  • 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: Nov 01, 2042

    Market Valuation

  • Market Total Value: $713,100
  • Market Land Value: $90,000
  • Market Improvement Value: $623,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $713,100
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $623,100

    Sales

  • Current Sale Contract Date: Oct 15, 2012
  • Current Sale Recording Date: Nov 13, 2012
  • Current Sale Transaction ID: 11474923944
  • Current Sale Price: $555,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20121113010086860
  • Previous Sale Recording Date: May 20, 2006
  • Previous Sale Contract Date: Mar 22, 2006
  • Previous Sale Amount: $1,325,000
  • Previous Sale Document Type: Condominium Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE MASTER INC
  • First Mortgage Transaction Date: Nov 13, 2012
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: May 20, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,060,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Jersey City



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Frequently Asked Questions

What neighborhood is 20 Constitution Way located in?
The 20 Constitution Way is a located in the neighborhood of Hudson in Jersey City, Jersey City.
What is the average sales price for listings in 20 Constitution Way?
The average sales price for units in 20 Constitution Way is $0 currently.

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