Check Availability

543 Newark Avenue

543 Newark Avenue, Jersey City, NJ 07306
Commercial in Journal Square
1 Units For Sale
Unit for sale at 543 NEWARK AVE, JC, Journal Square, NJ 07306

$75,000

  • Commercial
  • 1,100 ft²
543 NEWARK AVE, JC, Journal Square, NJ 07306 Listing by SUNIL CHILLAR

543 Newark 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 1870 and is 154 years old. The building has a total of 4 stories. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,700 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 frame control joints. In terms of heating, it is utilizing a heating system. 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, 543 Newark Avenue sold most recently in Aug 24, 1998 for a total of $55,000. If you work out the math, that's approximately a cost of $12.20 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 $14,493 in taxes each year. 543 Newark Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $645,000. If we break it down further, the land itself was valued at $200,200. Improvements to the property, however, were assessed at a total of $444,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220128
01/28/2022
Loft
-
-
$75,000
bedrooms
Loft
bathrooms
-
-
-
-
SUNIL CHILLAR
EXIT REALTY URBAN LIVING

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 4
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,700
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 250
  • Total Building Area: 4,510
  • Gross Building Area: 4,510
  • Building Area: 4,510
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.062
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : GHAI BALDEV KRISHAN
  • Current Owner 2: GHAI DENESH KUMAR
  • Previous Owner : CLARK MARGARET
  • Previous Owner 2: LAMAGRA RONALD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 007100

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: TAX MAP 96
  • Account Number: 00055244
  • District: 06
  • Parcel: 06 09601-0000-00010
  • Block: 9601
  • Lot: 10
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7309
  • Longitude: -74.0563

    Address

  • Full Address: 543 Newark Ave
  • Address - House Number: 543
  • Address - Street Name: Newark
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C064
  • 4-Digit Zip Code: 1366
  • Zip Code: 07306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,493

    Market Valuation

  • Market Total Value: $777,952
  • Market Land Value: $241,467
  • Market Improvement Value: $536,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,000
  • Assessed Land Value: $200,200
  • Assessed Improvements Value: $444,800

    Sales

  • Current Sale Contract Date: Aug 24, 1998
  • Current Sale Recording Date: Sep 22, 1998
  • Current Sale Transaction ID: 1165114272
  • Current Sale Price: $55,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 008392

About Journal Square



Similar Buildings

Commercial at 543 Newark Avenue,

5 Palisade Avenue

  • 1 Unit for Sale
5 Palisade Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

493 Newark Avenue

  • 1 Unit for Sale
  • 1 Story
493 Newark Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

108 Waldo Avenue

  • 1 Unit for Sale
108 Waldo Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

100 Palisade Avenue

  • 1 Unit for Sale
100 Palisade Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

44 Cottage Street

  • 1 Unit for Sale
  • 2 Stories
44 Cottage Street, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

122 St Pauls Avenue

  • 1 Unit for Sale
  • 2 Stories
122 St Pauls Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

159 Palisade Avenue

  • 1 Unit for Sale
  • 3 Stories
159 Palisade Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

84 Beacon Avenue

  • 3 Units for Sale
  • 2 Stories
84 Beacon Avenue, Jersey City, NJ 07306
Commercial at 543 Newark Avenue,

21 Laidlaw Avenue

  • 1 Unit for Sale
  • 2 Stories
21 Laidlaw Avenue, Jersey City, NJ 07306

Nearby Rentals

Unit for rent at 210 Bergenline Ave, Union City, NJ, 07087

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 553 ft²
210 Bergenline Ave #18, Union City, NJ, 07087 Listing by THIA RENTAS
Unit for rent at 131 Kensington Ave, JC, Journal Square, NJ, 07304

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 644 ft²
131 Kensington Ave #B7, JC, Journal Square, NJ, 07304 Listing by PAUL BRYANT
Unit for rent at 211 Claremont Ave, JC, Greenville, NJ, 07305

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
211 Claremont Ave, JC, Greenville, NJ, 07305 Listing by JOHN ANDREWS
Unit for rent at 702 Bergenline Avenue, Union City, NJ, 07087

$1,500 /mo

  • 1 Bed
  • 1 Bath
702 Bergenline Avenue #1, Union City, NJ, 07087 Listing by Marc Schmucker
Unit for rent at 229 Hancock Ave, JC, Heights, NJ, 07307

$1,750 /mo

  • 3 Beds
  • 1 Bath
229 Hancock Ave #4, JC, Heights, NJ, 07307 Listing by NATALIE ESFANDIARI
Unit for rent at 265 Union St, JC, West Bergen, NJ, 07304

$1,585 /mo

  • 2 Beds
  • 1 Bath
  • 725 ft²
265 Union St #1, JC, West Bergen, NJ, 07304 Listing by MAIDA NEGRON

Frequently Asked Questions

What neighborhood is 543 Newark Avenue located in?
The 543 Newark Avenue is a commercial located in the neighborhood of Journal Square in Journal Square, Jersey City.
How many listings are currently for sale in 543 Newark Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 543 Newark Avenue?
The average sales price for units in 543 Newark Avenue is $75,000 , or $68/sqft. currently.

Quantcast