NOT LISTED FOR SALE

1166 Summit Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $966,000 - $1,161,000

8 Beds
5 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $715,000

Est. 44% increase in value since last sale

Current estimated payment $6,827/month

113 Days on Market

Highlights

  • Rowhouse Architecture
  • Living Room
  • Baseboard Heating
  • Liberty High School Rated A-
  • Dining Room
  • 5-minute walk to Washington Park

About This Home

As of August 2020

NEWLY RENOVATED INCOME PRODUCING 3 FAMILY HOUSE IN JC HEIGHTS!!! Fully finished and tiled up basement. All utilities are separate with recently replaced hot water heaters. All apartments are in MINT condition. Tenants are on month to month leases.. Excellent for first time Buyers or Investors!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Last Agent to Sell the Property

Leny TORRES-AREVALO

EXP REALTY LLC License #0787391 Listed on: 03/02/2020

EXP REALTY LLC

Last Buyer's Agent

Michael Hern

KELLER WILLIAMS CITY VIEWS License #1109253

KELLER WILLIAMS CITY VIEWS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,925

Lot Details

  • Lot Dimensions are 25x100

Home Design

  • Rowhouse Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms | 4 Main Level Bedrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $2,830
  • Water Sewer Expense $1,653

Listing and Financial Details

  • Legal Lot and Block 35 / 809
  • Assessor Parcel Number 13524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,925

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Row House
  • Exclusions: PERSONAL PROPERTY
  • Inclusions: REAL PROPERTY
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 13524
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Finished
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 8
  • Total Other Rooms: 3
  • Total Dining Rooms: 1
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Full Bathrooms: 1
  • Basement Other Rooms: 3
  • First Floor Bedrooms: 4
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 2000
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1400 2L
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1500 2R
  • Fl1 Rooms: 7
  • Fl2 Rooms: 4
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None
  • Annual Water Sewer Expense: 2019

Utilities

  • Heating/Cooling: Baseboard, Gas, Gas on Gas, Hot Water
  • Annual Insurance Expense: 2019
  • Other Expense Year: 2019

Fee Information

  • Insurance Expense: 2830
  • Other Expense: 552
  • Water Sewer Expenses: 1653

Lot Info

  • Geo Address Line: 1166 Summit Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 03/02/2020
  • Geo Zoom Level: 16
  • Lot: 35
  • Lot Size: 25X100

Tax Info

  • Year: 2019
  • Taxes: 9925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 20, 2020
Sold by
Dignitas Vertical Llc
Bought by
Amin Pyush M
Seller's Agent
Leny TORRES-AREVALO
EXP REALTY LLC
Buyer's Agent
Michael Hern
KELLER WILLIAMS CITY VIEWS
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%
Current Estimated Value
$1,027,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,920
Avg. Annual Appreciation
6.66%
Original Mortgage
$536,250
Outstanding Balance
$482,065
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$502,334

Purchase Details

Closed on
Jul 31, 2013
Sold by
Maxo Investment Properties Llc
Bought by
Dignitas Vertical Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Rodriguez Jorge and Rodriguez Mireya
Bought by
Hernandez Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 2004
Sold by
Paredes Katherine and Viteri Roberto
Bought by
Rodriguez Jorge and Rodriguez Mireya

Purchase Details

Closed on
May 13, 2003
Sold by
Fre Eugenio and Fre Gladys
Bought by
Vitteri Roberto and Paredes Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amin Pyush M $715,000 Old Republic Title Ins Co
Dignitas Vertical Llc $300,000 Agent For First American Tit
Hernandez Andres $524,000 New Jersey Title Ins Co
Rodriguez Jorge $430,000 None Available
Vitteri Roberto $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amin Pyush M $536,250
Previous Owner Maxo Investments Properties Llc $168,750
Previous Owner Hernandez Andres $104,800
Previous Owner Hernandez Andres $419,200
Previous Owner Verdesoto Katherine M $75,000
Previous Owner Vitteri Roberto $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $715,000 -4.5% --
06/23/2020 06/23/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $749,000 -6.3% --
03/02/2020 03/02/20 For Sale $799,000 -- --
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,392 $644,500 $202,500 $442,000
2024 $14,482 $644,500 $202,500 $442,000
2023 $14,482 $644,500 $202,500 $442,000
2022 $13,651 $644,500 $202,500 $442,000
2021 $10,338 $644,500 $202,500 $442,000
2020 $10,376 $644,500 $202,500 $442,000
2019 $9,925 $644,500 $202,500 $442,000
2018 $1,265 $456,500 $202,500 $254,000
2017 $6,630 $85,000 $20,000 $65,000
2016 $6,546 $85,000 $20,000 $65,000
2015 $6,360 $85,000 $20,000 $65,000
2014 $6,319 $85,000 $20,000 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Leny TORRES-AREVALO

    Seller's Agent in 2020

    Leny TORRES-AREVALO

    EXP REALTY LLC

    (551) 556-8060

    16 in this area

    59 Total Sales

    Section Image
  • Michael Hern

    Buyer's Agent in 2020

    Michael Hern

    KELLER WILLIAMS CITY VIEWS

    (973) 477-7175

    21 in this area

    659 Total Sales

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Map

Source: Hudson County MLS

MLS Number: 202004076

Hudson County MLS

APN: 06-00802-0000-00055

New Jersey Hudson County Jersey City 07307 The Heights

1166 Summit Ave, Jersey City, NJ

This home is located at 1166 Summit Ave, Jersey City, NJ 07307 since 02 March 2020 and is currently estimated at $1,027,920. 1166 Summit Ave is a home located in Hudson County with nearby schools including Alfred E. Zampella No. 27 Elementary School, William L. Dickinson High School, and Liberty High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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