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331 7th Street

331 7th Street, Jersey City, NJ 07302
Property in Hamilton Park
Local assessors in Jersey City, NJ have categorized 331 7th Street as a residential type of property. The home was built in 1884 and is 140 years old. The property's lot size has been calculated to be 625 square feet. The linear feet between the front and back of the lot was measured at 500 ft and the front of the lot was measured at 125 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. 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 331 7th Street has a total of 1,140 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 frame control joints. The home's a heating system is the primary heating source. The property was last sold in Jan 7, 2021 for $710,000. That's $622.81 per sqft. Prior to that sales transaction, the property was also sold in Jul 24, 2016 for $679,000. 331 7th Street was last assessed in 2023. The total value of the property was assessed at $615,600. Specifically, the land the property is located on was valued at $421,200. While improvements on the property were assessed at a total of $194,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,833. 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! 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

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200728
07/28/2020
Loft
1 Bath
1140 ft²
$769,000
bedrooms
Loft
bathrooms
1 Bath
square feet
1140 ft²
$710,000 -7.67%
04/02/2021
KAUSHIK VAIDYA
REDFIN CORPORATION

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 625
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 125
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.014
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FINDAKLY FADI
  • Previous Owner : MARTIN ANGELA
  • Owner Before Previous Owner: FRIEDMAN ANDREW
  • Owner Before Previous Owner 2: ADLER NICOLE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 002200

Geography

  • Assessors Map Reference: TAX MAP 99
  • Account Number: 00045021
  • District: 06
  • Parcel: 06 09907-0000-00014
  • Block: 9907
  • Lot: 14
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7264
  • Longitude: -74.0491

    Address

  • Full Address: 331 7th St
  • Address - House Number: 331
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C045
  • 4-Digit Zip Code: 1802
  • Zip Code: 07302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,833

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 866,988
  • High Value: 1,264,214
  • Low Value: 469,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $742,492
  • Market Land Value: $508,021
  • Market Improvement Value: $234,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $615,600
  • Assessed Land Value: $421,200
  • Assessed Improvements Value: $194,400

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11831562115
  • Current Sale Price: $710,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210402010024510
  • Previous Sale Recording Date: Jul 29, 2016
  • Previous Sale Contract Date: Jul 24, 2016
  • Previous Sale Amount: $679,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Jul 29, 2016
  • Previous Mortgage Loan Amount: $611,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Historic Downtown



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Nearby Rentals

Unit for rent at 702 Bergenline Avenue, Union City, NJ, 07087

$1,500 /mo

  • 1 Bed
  • 1 Bath
702 Bergenline Avenue #1, Union City, NJ, 07087 Listing by Marc Schmucker

Frequently Asked Questions

What neighborhood is 331 7th Street located in?
The 331 7th Street is a other located in the neighborhood of Hamilton Park in Historic Downtown, Jersey City.
What is the average sales price for listings in 331 7th Street?
The average sales price for units in 331 7th Street is $769,000 , or $675/sqft. currently.

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