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83 Wales Avenue

83 Wales Avenue, Jersey City, NJ 07306
Property in West Side
1 Units For Sale
Unit for sale at 83 Wales Avenue, Jersey City, NJ 07306

$550,000

  • Studio
83 Wales Avenue, Jersey City, NJ 07306 Listing by Jason Gumnitz

Local assessors in Jersey City, NJ have categorized 83 Wales Avenue 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 1,667 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 167 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod 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 83 Wales Avenue has a total of 1,710 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 a open porch so you'll have a great option in the front 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. Lots of brick were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. 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, 83 Wales Avenue sold most recently in Feb 10, 2023 for a total of $530,000. If you work out the math, that's approximately a cost of $309.94 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 $7,177 in taxes each year. 83 Wales Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $319,400. If we break it down further, the land itself was valued at $168,000. Improvements to the property, however, were assessed at a total of $151,400. 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!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 4
  • Bedroom Count: 4
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,667
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 167
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.038
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : CAPONEGRO ERNEST J
  • Current Owner 2: CAPONEGRO LUKE
  • Previous Owner : APRUZZESE MARIO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 001701

Geography

  • Assessors Map Reference: TAX MAP 103
  • Account Number: 00252692
  • District: 06
  • Parcel: 06 10302-0000-00048
  • Block: 10302
  • Lot: 48
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.736
  • Longitude: -74.0735

    Address

  • Full Address: 83 Wales Ave
  • Address - House Number: 83
  • Address - Street Name: Wales
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C066
  • 4-Digit Zip Code: 6411
  • Zip Code: 07306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,177

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 553,882
  • High Value: 606,005
  • Low Value: 501,760

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,500
  • First Open Lien Mortgage Lender: VAN DYK MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 07, 2023
  • First Open Lien Mortgage Loan Amount: $450,500
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $319,400
  • Market Land Value: $168,000
  • Market Improvement Value: $151,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,400
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $151,400

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Mar 07, 2023
  • Current Sale Transaction ID: 11905488062
  • Current Sale Price: $530,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10016110

    Last Sale Mortgage

  • First Mortgage Lender: VAN DYK MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Mar 07, 2023
  • First Mortgage Loan Amount: $450,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

About West Side



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Nearby Rentals

Unit for rent at

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 896 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 83 Wales Avenue located in?
The 83 Wales Avenue is a located in the neighborhood of West Side in West Side, Jersey City.
How many listings are currently for sale in 83 Wales Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 83 Wales Avenue?
The average sales price for units in 83 Wales Avenue is $550,000 currently.

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