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351 Ege Avenue

351 Ege Avenue, Jersey City, NJ 07304
Sold Jul 17, 2017
$355,000
$332,750 by Ecf Fund I Llc
Mortgage Due May 01, 2052
Sold Jun 05, 2014
$260,000
$255,290 by Mortgage Master Inc
Mortgage Due Jun 01, 2044
Local assessors in Jersey City, NJ have categorized 351 Ege Avenue as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 2,375 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 250 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 4 rooms in the home. Of these, 4 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 351 Ege Avenue has a total of 1,480 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 detached garage for those who need a place to park their vehicle. The garage on the property is 324 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 351 Ege Avenue sold most recently in Jul 6, 2017 for a total of $355,000. If you work out the math, that's approximately a cost of $239.86 per sqft. Before that, the property was also sold for $260,000 in May 28, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,435 in taxes each year. 351 Ege Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $330,900. If we break it down further, the land itself was valued at $133,500. Improvements to the property, however, were assessed at a total of $197,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 4
  • Bedroom Count: 4
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 740
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,375
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,480
  • Gross Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.055
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : KOTHARI MANSI
  • Previous Owner : ZAKI RAMEZ
  • Previous Owner 2: MAKAR MARTENA
  • Owner Before Previous Owner: RAMLAL RAMLAKHAN
  • Owner Before Previous Owner 2: RAMLAL CHANROUTIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 004800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 207
  • Account Number: 00277921
  • District: 06
  • Parcel: 06 20702-0000-00027
  • Block: 20702
  • Lot: 27
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7182
  • Longitude: -74.0899

    Address

  • Full Address: 351 Ege Ave
  • Address - House Number: 351
  • Address - Street Name: Ege
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C001
  • 4-Digit Zip Code: 1014
  • Zip Code: 07304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,435

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 555,602
  • High Value: 704,115
  • Low Value: 407,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,750
  • First Open Lien Mortgage Lender: ECF FUND I LLC
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $332,750
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $330,900
  • Market Land Value: $133,500
  • Market Improvement Value: $197,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,900
  • Assessed Land Value: $133,500
  • Assessed Improvements Value: $197,400

    Sales

  • Current Sale Contract Date: Jul 06, 2017
  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Transaction ID: 1732687288
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20170717010080880
  • Previous Sale Recording Date: Jun 05, 2014
  • Previous Sale Contract Date: May 28, 2014
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Transfer on Death Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jul 17, 2017
  • First Mortgage Loan Amount: $284,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE MASTER INC
  • Previous Mortgage Transaction Date: Jun 05, 2014
  • Previous Mortgage Loan Amount: $255,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2044

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 351 Ege Avenue located in?
The 351 Ege Avenue is a located in the neighborhood of Hackensack River Waterfront in Hackensack River Waterfront, Jersey City.
What is the average sales price for listings in 351 Ege Avenue?
The average sales price for units in 351 Ege Avenue is $0 currently.

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