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55 Wade Street

55 Wade Street, Jersey City, NJ 07305
Property in Greenville
Sold Nov 28, 2016
$323,000
$315,506 by New Jersey Lenders Corp
Mortgage Due Nov 01, 2046
Sold Dec 04, 2015
$126,000
$194,000 by Loan Funder Llc
Mortgage
55 Wade Street 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 1900 and is 124 years old. The home has a total of 8 rooms. 8 of these rooms are legally considered as bedrooms. The building has a total of 3 stories. In addition, 55 Wade Street has 2,132 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 1,001 ft and across the front of the lot is 255 ft. The area measurement of the land has been determined as 2,553 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. Residents will have the luxury of enjoying a open porch. 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. The property was last sold in Oct 14, 2016 for $323,000. That's $151.50 per sqft. Prior to that sales transaction, the property was also sold in Nov 12, 2015 for $126,000. 55 Wade Street was last assessed in 2023. The total value of the property was assessed at $293,200. Specifically, the land the property is located on was valued at $91,000. While improvements on the property were assessed at a total of $202,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,588. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 8
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,066
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,553
  • Lot Size Depth Feet: 1,001
  • Lot Size Frontage Feet: 255
  • Total Building Area: 2,132
  • Gross Building Area: 2,132
  • Building Area: 2,132
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.059
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : GUZMAN BIENVENIDO GARCIA
  • Previous Owner : 55 WADE LLC
  • Owner Before Previous Owner: MOHAMED ALI MAHGOUB
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 006000

Geography

  • Assessors Map Reference: TAX MAP 265
  • Account Number: 00212811
  • District: 06
  • Parcel: 06 26503-0000-00007
  • Block: 26503
  • Lot: 7
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7
  • Longitude: -74.0879

    Address

  • Full Address: 55 Wade St
  • Address - House Number: 55
  • Address - Street Name: Wade
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C015
  • 4-Digit Zip Code: 2905
  • Zip Code: 07305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,588

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 543,691
  • High Value: 687,502
  • Low Value: 399,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,506
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Nov 28, 2016
  • First Open Lien Mortgage Loan Amount: $315,506
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $293,200
  • Market Land Value: $91,000
  • Market Improvement Value: $202,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,200
  • Assessed Land Value: $91,000
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Oct 14, 2016
  • Current Sale Recording Date: Nov 28, 2016
  • Current Sale Transaction ID: 1812126302
  • Current Sale Price: $323,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20161128010125420
  • Previous Sale Recording Date: Dec 04, 2015
  • Previous Sale Contract Date: Nov 12, 2015
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Nov 28, 2016
  • First Mortgage Loan Amount: $315,506
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC
  • Previous Mortgage Transaction Date: Dec 04, 2015
  • Previous Mortgage Loan Amount: $194,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 55 Wade Street located in?
The 55 Wade Street is a located in the neighborhood of Greenville in Greenville, Jersey City.
What is the average sales price for listings in 55 Wade Street?
The average sales price for units in 55 Wade Street is $0 currently.

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