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88 Hancock Avenue

88 Hancock Avenue, Jersey City, NJ 07307
Multifamily in The Heights
88 Hancock Avenue in Jersey City, NJ was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 3 floors. There are a total of 7 rooms in the home, of which, 7 are bedrooms. 88 Hancock Avenue has 4,891 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. As for heating, the home is utilizing a heating system. The property was last sold in Jan 23, 2004 for $392,000. That's $80.15 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2000 for $142,700. 88 Hancock Avenue was last assessed in 2023. The total value of the property was assessed at $707,000. Specifically, the land the property is located on was valued at $250,000. While improvements on the property were assessed at a total of $457,000. 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 $15,886. 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.

Building Features

Exterior

Aluminum Siding
Block Exterior
Vinyl Siding
Wood Exterior

Parking

No Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240328
03/28/2024
8 Bed
5 Bath
-
$984,985
bedrooms
8 Bed
bathrooms
5 Bath
$975,000 -1.01%
03/28/2024
-
Julio Perez
LIBERTY REALTY, LLC.
20181002
10/02/2018
Studio
-
-
$850,000
bedrooms
Studio
bathrooms
-
-
-
-
LUIS NEGRON JR
CENTURY 21 INNOVATIVE REALTY

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 7
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unspecified basement
  • Basement Area: 1,484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 4,891
  • Gross Building Area: 4,891
  • Building Area: 4,891
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 4,891
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Quadruplex (4 units, any combination)

Ownership

  • Current Owner : RUEDA LEON A
  • Previous Owner : REYES DIONISIO
  • Previous Owner 2: REYES MATILDE
  • Owner Before Previous Owner: YOUNAN FAYEZ H
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000700

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: 00094292
  • District: 06
  • Parcel: 06 02903-0000-00041
  • Block: 2903
  • Lot: 41
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7454
  • Longitude: -74.0471

    Address

  • Full Address: 88 Hancock Ave
  • Address - House Number: 88
  • Address - Street Name: Hancock
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C034
  • 4-Digit Zip Code: 2158
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,886

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 985,040
  • High Value: 1,077,736
  • Low Value: 892,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $377,986
  • First Open Lien Mortgage Lender: SECURITY ATLANTIC MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 20, 2004
  • First Open Lien Mortgage Loan Amount: $377,986
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2034

    Market Valuation

  • Market Total Value: $707,000
  • Market Land Value: $250,000
  • Market Improvement Value: $457,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $707,000
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $457,000

    Sales

  • Current Sale Contract Date: Jan 23, 2004
  • Current Sale Recording Date: Mar 20, 2004
  • Current Sale Transaction ID: 11475249250
  • Current Sale Price: $392,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 005055
  • Previous Sale Recording Date: Feb 01, 2000
  • Previous Sale Contract Date: Jan 11, 2000
  • Previous Sale Amount: $142,700
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY ATLANTIC MORTGAGE CO
  • First Mortgage Transaction Date: Mar 20, 2004
  • First Mortgage Loan Amount: $377,986
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Feb 01, 2000
  • Previous Mortgage Loan Amount: $131,902
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2030

About The Heights




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Nearby Rentals

Unit for rent at 704 Park Ave, Hoboken, NJ, 07030

$7,900 /mo

  • 4 Beds
  • 2.5 Baths
704 Park Ave, Hoboken, NJ, 07030 Listing by PAMELA HAGER

Frequently Asked Questions

What neighborhood is 88 Hancock Avenue located in?
The 88 Hancock Avenue is a multifamily located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 88 Hancock Avenue?
The average sales price for units in 88 Hancock Avenue is $0 currently.

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