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305 3rd Street

305 3rd Street, Jersey City, NJ 07302
Commercial in Harsimus
This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 3 floors. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 2,375 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. As for heating, the home is utilizing a heating system. The property was last sold in Jan 29, 2014 for $750,000. Prior to that sales transaction, the property was also sold in Jan 23, 1998 for $156,500. 305 3rd Street was last assessed in 2023. The total value of the property was assessed at $1,480,800. Specifically, the land the property is located on was valued at $604,300. While improvements on the property were assessed at a total of $876,500. 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 $33,274. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220811
08/11/2022
Loft
-
2350 ft²
$2,590,000
bedrooms
Loft
bathrooms
-
square feet
2350 ft²
-
-
-
WERNER BARGSTEN
WARREN G CURTIN REALTY INC
20180912
09/12/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
WERNER BARGSTEN
WARREN G CURTIN REALTY INC

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Building Style: Cape Cod
  • Exterior Walls Type: Concrete block
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,375
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.055
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : 305 THIRD ST LLC
  • Previous Owner : SAVVAS ELEFTHERIOS
  • Previous Owner 2: SAVVAS MARIA
  • Owner Before Previous Owner: SAVVAS GEORGE
  • Owner Before Previous Owner 2: SAVVAS MARIA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 002300

Geography

  • Assessors Map Reference: TAX MAP 111
  • Account Number: 00037317
  • District: 06
  • Parcel: 06 11106-0000-00007
  • Block: 11106
  • Lot: 7
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7234
  • Longitude: -74.0481

    Address

  • Full Address: 305 3rd St
  • Address - House Number: 305
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C047
  • 4-Digit Zip Code: 2615
  • Zip Code: 07302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: BCB COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Feb 26, 2014
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 26, 2044

    Market Valuation

  • Market Total Value: $1,480,800
  • Market Land Value: $604,300
  • Market Improvement Value: $876,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,480,800
  • Assessed Land Value: $604,300
  • Assessed Improvements Value: $876,500

    Sales

  • Current Sale Contract Date: Jan 29, 2014
  • Current Sale Recording Date: Feb 26, 2014
  • Current Sale Transaction ID: 1122033654
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20140226010013740
  • Previous Sale Recording Date: Aug 05, 1998
  • Previous Sale Contract Date: Jan 23, 1998
  • Previous Sale Amount: $156,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BCB COMMUNITY BANK
  • First Mortgage Transaction Date: Feb 26, 2014
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Historic Downtown



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Frequently Asked Questions

What neighborhood is 305 3rd Street located in?
The 305 3rd Street is a commercial located in the neighborhood of Harsimus in Historic Downtown, Jersey City.
What is the average sales price for listings in 305 3rd Street?
The average sales price for units in 305 3rd Street is $0 currently.

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