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263 Grove Street

263 Grove Street, Jersey City, NJ 07302
Property in Van Vorst Park
Sold Sep 12, 2007
$813,000
$650,000 by Mid Atlantic Capital Llc
Mortgage Due Sep 01, 2037
Sold Feb 01, 2006
$740,000
Buyer
Seller
$555,000 by Sullivan Financial Service Inc
Mortgage Due Feb 01, 2036
Local assessors in Jersey City, NJ have categorized 263 Grove Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,008 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 201 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. 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 263 Grove Street has a total of 2,606 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 brick control joints. Lots of stucco were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. The property was last sold in Aug 23, 2007 for $813,000. That's $311.97 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2006 for $740,000. 263 Grove Street was last assessed in 2023. The total value of the property was assessed at $1,150,400. Specifically, the land the property is located on was valued at $720,000. While improvements on the property were assessed at a total of $430,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $25,849. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Quadplex
  • Exterior Walls Type: Stucco
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 674
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,008
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 201
  • Total Building Area: 2,606
  • Gross Building Area: 2,606
  • Building Area: 2,606
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,606
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Quadruplex (4 units, any combination)

Ownership

  • Current Owner : SONG PAUL
  • Current Owner 2: JONSSON GABRIELLA
  • Previous Owner : OU BIN
  • Previous Owner 2: LUO MIN
  • Owner Before Previous Owner: GOETZ DIANE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 006400

Zoning

  • Zoning: C-4

Geography

  • Assessors Map Reference: TAX MAP 141
  • Account Number: 00015156
  • District: 06
  • Parcel: 06 14101-0000-00021
  • Block: 14101
  • Lot: 21
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7173
  • Longitude: -74.0446

    Address

  • Full Address: 263 Grove St
  • Address - House Number: 263
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C063
  • 4-Digit Zip Code: 3661
  • Zip Code: 07302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,849

    Appraisal Valuation

  • Standard Deviation: 0.2702
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 1,299,024
  • High Value: 1,650,070
  • Low Value: 947,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: MID ATLANTIC CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Sep 12, 2007
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2037

    Market Valuation

  • Market Total Value: $1,150,400
  • Market Land Value: $720,000
  • Market Improvement Value: $430,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,150,400
  • Assessed Land Value: $720,000
  • Assessed Improvements Value: $430,400

    Sales

  • Current Sale Contract Date: Aug 23, 2007
  • Current Sale Recording Date: Sep 12, 2007
  • Current Sale Transaction ID: 11474773127
  • Current Sale Price: $813,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 012101
  • Previous Sale Recording Date: Feb 01, 2006
  • Previous Sale Contract Date: Jan 23, 2006
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MID ATLANTIC CAPITAL LLC
  • First Mortgage Transaction Date: Sep 12, 2007
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: SULLIVAN FINANCIAL SERVICE INC
  • Previous Mortgage Transaction Date: Feb 01, 2006
  • Previous Mortgage Loan Amount: $555,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2036

About Historic Downtown



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Frequently Asked Questions

What neighborhood is 263 Grove Street located in?
The 263 Grove Street is a located in the neighborhood of Van Vorst Park in Historic Downtown, Jersey City.
What is the average sales price for listings in 263 Grove Street?
The average sales price for units in 263 Grove Street is $0 currently.

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