51 Sherman Place

51 Sherman Place 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 1920 and is 104 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 750 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 1,875 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $10,491 in taxes each year. 51 Sherman Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $466,900. If we break it down further, the land itself was valued at $134,100. Improvements to the property, however, were assessed at a total of $332,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.