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315 3rd Street

315 3rd Street, Jersey City, NJ 07302
Multifamily in Harsimus
1 Units For Sale
Unit for sale at 315 3RD ST, JC, Downtown, NJ 07302

$1,995,000

  • 7 Beds
  • 4 Baths
315 3RD ST, JC, Downtown, NJ 07302 Listing by WERNER BARGSTEN

Local assessors in Jersey City, NJ have categorized 315 3rd Street as a residential type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 2,432 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 256 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 9 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 2 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 315 3rd Street has a total of 5,274 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. 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. Lots of brick were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 315 3rd Street was last sold in Apr 24, 2023 for $1,760,000. According to our calculations, that's $333.71 per sqft. Prior to that sales transaction, the property was sold for $89,000 in Dec 19, 2000. Current property owners are expected to pay $29,867 in taxes per year. The property on 315 3rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,329,200. To break that down further, the land itself was valued at $719,800. While improvements to the property were assessed at a total of $609,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Brick Exterior
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

  • Year Built: 1895
  • Effective Year Built: 1895
  • Total Rooms: 9
  • Bedroom Count: 9
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,776
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,432
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 256
  • Total Building Area: 5,274
  • Gross Building Area: 5,274
  • Building Area: 5,274
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.056
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : MAKHNI-COVI LLC
  • Previous Owner : HEWITT CHARLES
  • Previous Owner 2: HEWITT KATHARINE
  • Owner Before Previous Owner: THIRD STREET JERSEY CITY PROPERTIES INC
  • Ownership Rights Codes: unknown
  • 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: 00037267
  • District: 06
  • Parcel: 06 11106-0000-00002
  • Block: 11106
  • Lot: 2
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7234
  • Longitude: -74.0488

    Address

  • Full Address: 315 3rd St
  • Address - House Number: 315
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C047
  • 4-Digit Zip Code: 2693
  • Zip Code: 07302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,867

    Appraisal Valuation

  • Standard Deviation: 0.2627
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 1,643,230
  • High Value: 2,075,000
  • Low Value: 1,211,461

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,082,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 26, 2023
  • First Open Lien Mortgage Loan Amount: $1,082,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $1,329,200
  • Market Land Value: $719,800
  • Market Improvement Value: $609,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,329,200
  • Assessed Land Value: $719,800
  • Assessed Improvements Value: $609,400

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Transaction ID: 11912504246
  • Current Sale Price: $1,760,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10044110
  • Previous Sale Recording Date: Jan 08, 2001
  • Previous Sale Contract Date: Dec 19, 2000
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Jun 26, 2023
  • First Mortgage Loan Amount: $1,082,000
  • First Mortgage Loan Due Date: May 01, 2053

About Historic Downtown



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Frequently Asked Questions

What neighborhood is 315 3rd Street located in?
The 315 3rd Street is a multifamily located in the neighborhood of Harsimus in Historic Downtown, Jersey City.
How many listings are currently for sale in 315 3rd Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 315 3rd Street?
The average sales price for units in 315 3rd Street is $1,995,000 currently.

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