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71 Broadway

71 Broadway, Jersey City, NJ 07306
Property in Journal Square
Sold Oct 05, 2021
$290,000
$200,000 by Gerard Bruno
Mortgage Due Aug 02, 2026
Sold Apr 20, 2018
$570,000
$400,000 by Habib American Bank
Mortgage Due Mar 26, 2023
Local assessors in Jersey City, NJ have categorized 71 Broadway as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 71 Broadway has a total of 1,723 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Aug 2, 2021 for $290,000. That's $168.31 per sqft. Prior to that sales transaction, the property was also sold in Mar 26, 2018 for $570,000. 71 Broadway was last assessed in 2023. The total value of the property was assessed at $375,000. Specifically, the land the property is located on was valued at $170,000. While improvements on the property were assessed at a total of $205,000. 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 $8,426. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 4
  • Bedroom Count: 4
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 953
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,723
  • Gross Building Area: 1,723
  • Building Area: 1,723
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,723
  • 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 : HUSSAIN PERVAIZ FAZAL
  • Current Owner 2: HUSSAIN AZMAT F
  • Previous Owner : RADIA PROPERTIES LLC
  • Owner Before Previous Owner: PLATI ANTOUIO
  • Owner Before Previous Owner 2: PLATI ANTONIO GIOVANNI
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 001800

Geography

  • Assessors Map Reference: TAX MAP 92
  • Account Number: 00251207
  • District: 06
  • Parcel: 06 09205-0000-00006
  • Block: 9205
  • Lot: 6
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7357
  • Longitude: -74.071

    Address

  • Full Address: 71 Broadway
  • Address - House Number: 71
  • Address - Street Name: Broadway
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C066
  • 4-Digit Zip Code: 6302
  • Zip Code: 07306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,426

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 662,089
  • High Value: 831,546
  • Low Value: 492,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: GERARD BRUNO
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 02, 2026
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $375,000
  • Market Land Value: $170,000
  • Market Improvement Value: $205,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,000
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $205,000

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11869536772
  • Current Sale Price: $290,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20211005010104590
  • Previous Sale Recording Date: Apr 20, 2018
  • Previous Sale Contract Date: Mar 26, 2018
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERARD BRUNO
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 02, 2026

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: HABIB AMERICAN BANK
  • Previous Mortgage Transaction Date: Apr 20, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 26, 2023

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Frequently Asked Questions

What neighborhood is 71 Broadway located in?
The 71 Broadway is a located in the neighborhood of Journal Square in Journal Square, Jersey City.
What is the average sales price for listings in 71 Broadway?
The average sales price for units in 71 Broadway is $0 currently.

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