87 Terrace Avenue

87 Terrace 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 1900 and is 124 years old. The home has a total of 5 rooms. 5 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 87 Terrace Avenue has 2,296 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 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 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. 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. The exterior walls of the building are made of brick. 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, 87 Terrace Avenue was last sold in Jun 22, 2021 for $605,000. According to our calculations, that's $263.50 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Jan 10, 2017. Current property owners are expected to pay $11,123 in taxes per year. The property on 87 Terrace Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $495,000. To break that down further, the land itself was valued at $190,000. While improvements to the property were assessed at a total of $305,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.