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347 Sip Avenue

347 Sip Avenue, Jersey City, NJ 07306
Property in West Side
Sold Oct 06, 2023
$815,000
Buyer
Seller
$800,238 by Crosscountry Mortgage, Llc
Mortgage Due Oct 01, 2053
Sold Sep 23, 2015
$352,800
$264,600 by United Nations Fcu
Mortgage
Local assessors in Jersey City, NJ have categorized 347 Sip Avenue as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 2,402 square feet. The linear feet between the front and back of the lot was measured at 952 ft and the front of the lot was measured at 252 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 8 rooms in the home. Of these, 8 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 347 Sip Avenue has a total of 2,600 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 underground or in the basement for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. The property was last sold in Sep 28, 2023 for $815,000. That's $313.46 per sqft. Prior to that sales transaction, the property was also sold in Aug 18, 2015 for $352,800. 347 Sip Avenue was last assessed in 2023. The total value of the property was assessed at $656,100. Specifically, the land the property is located on was valued at $168,300. While improvements on the property were assessed at a total of $487,800. 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 $14,743. 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. 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: 2001
  • Effective Year Built: 2001
  • Total Rooms: 8
  • Bedroom Count: 8
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 860
  • Garage Type: Underground/basement
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,402
  • Lot Size Depth Feet: 952
  • Lot Size Frontage Feet: 252
  • Total Building Area: 2,600
  • Gross Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.055
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : WAHAB DAVID
  • Previous Owner : HANIF NAVID
  • Owner Before Previous Owner: QAMAR LIAQUAT A
  • Owner Before Previous Owner 2: NISA NAJMA U
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 002700

Geography

  • Assessors Map Reference: TAX MAP 118
  • Account Number: 00257659
  • District: 06
  • Parcel: 06 11804-0000-00005
  • Block: 11804
  • Lot: 5
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7332
  • Longitude: -74.0767

    Address

  • Full Address: 347 Sip Ave
  • Address - House Number: 347
  • Address - Street Name: Sip
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C052
  • 4-Digit Zip Code: 6523
  • Zip Code: 07306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,743

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 868,618
  • High Value: 1,098,176
  • Low Value: 639,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,238
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Oct 06, 2023
  • First Open Lien Mortgage Loan Amount: $800,238
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $656,100
  • Market Land Value: $168,300
  • Market Improvement Value: $487,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,100
  • Assessed Land Value: $168,300
  • Assessed Improvements Value: $487,800

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Transaction ID: 11917819423
  • Current Sale Price: $815,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 10072280
  • Previous Sale Recording Date: Sep 23, 2015
  • Previous Sale Contract Date: Aug 18, 2015
  • Previous Sale Amount: $352,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Oct 06, 2023
  • First Mortgage Loan Amount: $800,238
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UNITED NATIONS FCU
  • Previous Mortgage Transaction Date: Sep 23, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $264,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

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Frequently Asked Questions

What neighborhood is 347 Sip Avenue located in?
The 347 Sip Avenue is a located in the neighborhood of West Side in West Side, Jersey City.
What is the average sales price for listings in 347 Sip Avenue?
The average sales price for units in 347 Sip Avenue is $0 currently.

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