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305 Summit Avenue

305 Summit Avenue, Jersey City, NJ 07306
Property in McGinley Square
1 Units For Sale
Unit for sale at 305 SUMMIT AVE, JC, Journal Square, NJ 07306

$50,000

  • Commercial
305 SUMMIT AVE, JC, Journal Square, NJ 07306 Listing by MARY HENALLAH

Local assessors in Jersey City, NJ have categorized 305 Summit Avenue as a commercial type of property. The property's lot size has been calculated to be 2,960 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 239 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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 frame control joints. The property was last sold in Aug 12, 1996 for $140,000. 305 Summit Avenue was last assessed in 2023. The total value of the property was assessed at $648,600. Specifically, the land the property is located on was valued at $232,100. While improvements on the property were assessed at a total of $416,500. 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 $14,574. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,960
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 239
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.068
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : SINGH DEVIKA
  • Current Owner 2: NARAIN SAVITARIE
  • Previous Owner : SALAMANCA JUAN
  • Previous Owner 2: SALAMANCA FLORELIA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 003000

Geography

  • Assessors Map Reference: TAX MAP 122
  • Account Number: 00323295
  • District: 06
  • Parcel: 06 12201-0000-00030
  • Block: 12201
  • Lot: 30
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.726
  • Longitude: -74.0645

    Address

  • Full Address: 305 Summit Ave
  • Address - House Number: 305
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C055
  • 4-Digit Zip Code: 2416
  • Zip Code: 07306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,574

    Market Valuation

  • Market Total Value: $648,600
  • Market Land Value: $232,100
  • Market Improvement Value: $416,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,600
  • Assessed Land Value: $232,100
  • Assessed Improvements Value: $416,500

    Sales

  • Current Sale Contract Date: Aug 12, 1996
  • Current Sale Recording Date: Aug 13, 1996
  • Current Sale Transaction ID: 1118829800
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 006527

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN MTG
  • First Mortgage Transaction Date: Aug 13, 1996
  • First Mortgage Loan Amount: $126,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2026

About McGinley Square



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Frequently Asked Questions

What neighborhood is 305 Summit Avenue located in?
The 305 Summit Avenue is a located in the neighborhood of McGinley Square in McGinley Square, Jersey City.
How many listings are currently for sale in 305 Summit Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 305 Summit Avenue?
The average sales price for units in 305 Summit Avenue is $50,000 currently.

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