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371 Central Avenue

371 Central Avenue, Jersey City, NJ 07307
Property in The Heights
371 Central Avenue has been categorized by the local assessors in Jersey City, NJ as a commercial type of property. The building on the property was first built in 1900 and is 124 years old. The building has a total of 3 stories. The linear feet between the front and back of the lot is 1,120 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,800 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heating system. 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, 371 Central Avenue was last sold in Jan 31, 2020 for $1,675,000. Current property owners are expected to pay $27,488 in taxes per year. The property on 371 Central Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,223,300. To break that down further, the land itself was valued at $207,500. While improvements to the property were assessed at a total of $1,015,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WILLIAM B OGDEN
  • Land Acres: 0.064
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : 371 CENTRAL HOLDINGS LLC
  • Previous Owner : 371 CENTRAL LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000600

Geography

  • Assessors Map Reference: TAX MAP 28
  • Account Number: 00113597
  • District: 06
  • Parcel: 06 02803-0000-00026
  • Block: 2803
  • Lot: 26
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7479
  • Longitude: -74.0484

    Address

  • Full Address: 371 Central Ave
  • Address - House Number: 371
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C063
  • 4-Digit Zip Code: 2827
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,275,000
  • First Open Lien Mortgage Lender: 371 CENTRAL LLC
  • First Open Lien Mortgage Recording Date: Mar 03, 2020
  • First Open Lien Mortgage Loan Amount: $1,275,000
  • First Open Lien Mortgage Term: 117
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 31, 2030

    Market Valuation

  • Market Total Value: $1,223,300
  • Market Land Value: $207,500
  • Market Improvement Value: $1,015,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,223,300
  • Assessed Land Value: $207,500
  • Assessed Improvements Value: $1,015,800

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Transaction ID: 11753756611
  • Current Sale Price: $1,675,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: 371 CENTRAL LLC
  • First Mortgage Transaction Date: Mar 03, 2020
  • First Mortgage Loan Amount: $1,275,000
  • First Mortgage Terms: 117
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 31, 2030

About The Heights



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Frequently Asked Questions

What neighborhood is 371 Central Avenue located in?
The 371 Central Avenue is a located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 371 Central Avenue?
The average sales price for units in 371 Central Avenue is $0 currently.

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