216 5th Street

Local assessors in Jersey City, NJ have categorized 216 5th Street as a residential type of property. The home was built in 1880 and is 144 years old. The property's lot size has been calculated to be 2,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 5 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 3 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 216 5th Street has a total of 3,653 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. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 brick 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, 216 5th Street sold most recently in Oct 21, 2023 for a total of $143,385. If you work out the math, that's approximately a cost of $39.25 per sqft. Before that, the property was also sold for $120,000 in Aug 28, 1998. 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 $31,305 in taxes each year. 216 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,393,200. If we break it down further, the land itself was valued at $665,000. Improvements to the property, however, were assessed at a total of $728,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.