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387 Liberty Avenue

387 Liberty Avenue, Jersey City, NJ 07307
Property in The Heights
Sold Jul 02, 2015
$629,000
$617,607 by Jersey Mortgage Co
Mortgage Due Jul 01, 2045
387 Liberty Avenue has been categorized by the local assessors in Jersey City, NJ as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 6 rooms. 6 of these rooms are legally considered as bedrooms. The building has a total of 3 stories. In addition, 387 Liberty Avenue has 3,944 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. 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 frame control joints. The exterior walls of the building are made of brick. 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, 387 Liberty Avenue sold most recently in Jun 2, 2015 for a total of $629,000. If you work out the math, that's approximately a cost of $159.48 per sqft. 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 $17,927 in taxes each year. 387 Liberty Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $797,800. If we break it down further, the land itself was valued at $190,000. Improvements to the property, however, were assessed at a total of $607,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2008
  • Effective Year Built: 2008
  • Total Rooms: 6
  • Bedroom Count: 6
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,944
  • Gross Building Area: 3,944
  • Building Area: 3,944
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : SHARMA ABHISHEK
  • Previous Owner : PANDHI TARUN
  • Previous Owner 2: GOYAL POONAM
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000400

Geography

  • Assessors Map Reference: TAX MAP 25
  • Account Number: 00146209
  • District: 06
  • Parcel: 06 02503-0000-00053
  • Block: 2503
  • Lot: 53
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7502
  • Longitude: -74.0571

    Address

  • Full Address: 387 Liberty Ave
  • Address - House Number: 387
  • Address - Street Name: Liberty
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C040
  • 4-Digit Zip Code: 4101
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,927

    Appraisal Valuation

  • Standard Deviation: 0.2606
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 1,133,382
  • High Value: 1,428,769
  • Low Value: 837,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $617,607
  • First Open Lien Mortgage Lender: JERSEY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 02, 2015
  • First Open Lien Mortgage Loan Amount: $617,607
  • 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: Jul 01, 2045

    Market Valuation

  • Market Total Value: $797,800
  • Market Land Value: $190,000
  • Market Improvement Value: $607,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $797,800
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $607,800

    Sales

  • Current Sale Contract Date: Jun 02, 2015
  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Transaction ID: 1397022383
  • Current Sale Price: $629,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20150702010058100

    Last Sale Mortgage

  • First Mortgage Lender: JERSEY MORTGAGE CO
  • First Mortgage Transaction Date: Jul 02, 2015
  • First Mortgage Loan Amount: $617,607
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 387 Liberty Avenue located in?
The 387 Liberty Avenue is a located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 387 Liberty Avenue?
The average sales price for units in 387 Liberty Avenue is $0 currently.

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