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81 Sherman Avenue

81 Sherman Avenue, Jersey City, NJ 07307
Multifamily in The Heights
10 Units For Sale
Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$1,100,000

  • 4 Beds
  • 3 Baths
81 Sherman Avenue #4, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$849,000

  • 3 Beds
  • 2 Baths
81 Sherman Avenue #1, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$1,100,000

  • 4 Beds
  • 3 Baths
81 Sherman Avenue #4, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$899,000

  • 3 Beds
  • 2 Baths
81 Sherman Avenue #2, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$999,000

  • 3 Beds
  • 2 Baths
81 Sherman Avenue #2, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$1,199,000

  • 4 Beds
  • 3 Baths
81 Sherman Avenue #4, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$1,200,000

  • 4 Beds
  • 3 Baths
81 Sherman Avenue #202, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$999,000

  • 3 Beds
  • 2 Baths
81 Sherman Avenue #101, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$849,000 In Contract

  • 3 Beds
  • 2 Baths
81 Sherman Avenue #2, Jersey City, NJ 07307 Listing by Jill Biggs

Unit for sale at 81 Sherman Avenue, Jersey City, NJ 07307

$1,100,000 In Contract

  • 4 Beds
  • 3 Baths
81 Sherman Avenue #3, Jersey City, NJ 07307 Listing by Jill Biggs

81 Sherman 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 1880 and is 144 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 2 stories. In addition, 81 Sherman Avenue has 3,424 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 850 ft and across the front of the lot is 398 ft. The area measurement of the land has been determined as 3,379 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 patio. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 81 Sherman Avenue was last sold in Nov 24, 2021 for $900,000. According to our calculations, that's $262.85 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Aug 30, 2000. Current property owners are expected to pay $16,423 in taxes per year. The property on 81 Sherman Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $730,900. To break that down further, the land itself was valued at $270,600. While improvements to the property were assessed at a total of $460,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220627
06/27/2022
8 Bed
4 Bath
-
$1,350,000
bedrooms
8 Bed
bathrooms
4 Bath
-
-
-
JASON PASCALE
SMART CHOICE REALTY LLC
20211127
11/27/2021
8 Bed
4 Bath
-
$1,300,000
bedrooms
8 Bed
bathrooms
4 Bath
-
-
-
JASON PASCALE
SMART CHOICE REALTY LLC

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Total Rooms: 8
  • Bedroom Count: 8
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unspecified basement
  • Basement Area: 1,692
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,379
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 398
  • Total Building Area: 3,424
  • Gross Building Area: 3,424
  • Building Area: 3,424
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Quadruplex (4 units, any combination)

Ownership

  • Current Owner : PASCALE JASON
  • Previous Owner : LARA GROUP LLC
  • Owner Before Previous Owner: VITTORIA JOSEPH
  • Owner Before Previous Owner 2: VITTORIA PINA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 44
  • Account Number: 00088948
  • District: 06
  • Parcel: 06 04406-0000-00012
  • Block: 4406
  • Lot: 12
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7436
  • Longitude: -74.0479

    Address

  • Full Address: 81 Sherman Ave
  • Address - House Number: 81
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C051
  • 4-Digit Zip Code: 2243
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,423

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,265,568
  • High Value: 1,384,663
  • Low Value: 1,146,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $670,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $670,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $730,900
  • Market Land Value: $270,600
  • Market Improvement Value: $460,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730,900
  • Assessed Land Value: $270,600
  • Assessed Improvements Value: $460,300

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11889261715
  • Current Sale Price: $900,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10130740
  • Previous Sale Recording Date: Sep 05, 2000
  • Previous Sale Contract Date: Aug 30, 2000
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $670,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CROSSLAND MTG
  • Previous Mortgage Transaction Date: Sep 05, 2000
  • Previous Mortgage Loan Amount: $142,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2030

About The Heights




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Nearby Rentals

Unit for rent at 274 4th St, JC, Downtown, NJ, 07302

$8,500 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,436 ft²
274 4th St, JC, Downtown, NJ, 07302 Listing by FRANCESCO MAZZAFERRO

Frequently Asked Questions

What neighborhood is 81 Sherman Avenue located in?
The 81 Sherman Avenue is a multifamily located in the neighborhood of The Heights in The Heights, Jersey City.
How many listings are currently for sale in 81 Sherman Avenue?
81 Sherman Avenue has a total of zero units in the building. There are ten units for sale right now.
What is the average sales price for listings in 81 Sherman Avenue?
The average sales price for units in 81 Sherman Avenue is $1,049,500 currently.

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