151 Terrace Ave Unit 2 Jersey City, NJ 07307
The Heights NeighborhoodEstimated Value: $1,119,675 - $1,332,000
2
Beds
1
Bath
1,200
Sq Ft
$1,030/Sq Ft
Est. Value
About This Home
This home is located at 151 Terrace Ave Unit 2, Jersey City, NJ 07307 and is currently estimated at $1,235,919, approximately $1,029 per square foot. 151 Terrace Ave Unit 2 is a home located in Hudson County with nearby schools including Nicolas Copernicus No. 25 Elementary School, William L. Dickinson High School, and Liberty High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2014
Sold by
Patel Dharmeshkumar R
Bought by
Patel Dharmeshkumar R and Shah Avani N
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$348,632
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$887,287
Purchase Details
Closed on
Jan 14, 2011
Sold by
Wells Matthew D and Wells Melissa
Bought by
Patel Dharmeshkumar R and Shah Avani N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,182
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 17, 2001
Sold by
Ziemba Lillian
Bought by
Wells Matthew D and Ziemba Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.1%
Mortgage Type
Stand Alone First
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Patel Dharmeshkumar R | -- | Surety Title | |
Patel Dharmeshkumar R | $345,000 | -- | |
Wells Matthew D | $220,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Patel Dharmeshkumar R | $450,000 | |
Closed | Patel Dharmeshkumar R | $296,182 | |
Previous Owner | Wells Matthew D | $175,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,832 | $709,000 | $205,000 | $504,000 |
2024 | $15,931 | $709,000 | $205,000 | $504,000 |
2023 | $15,931 | $709,000 | $205,000 | $504,000 |
2022 | $15,017 | $709,000 | $205,000 | $504,000 |
2021 | $11,372 | $709,000 | $205,000 | $504,000 |
2020 | $8,981 | $557,800 | $0 | $0 |
2019 | $8,590 | $709,000 | $205,000 | $504,000 |
2018 | $2,266 | $709,000 | $205,000 | $504,000 |
2017 | $11,879 | $196,200 | $50,000 | $146,200 |
2016 | $8,933 | $116,000 | $50,000 | $66,000 |
2015 | $3,741 | $50,000 | $50,000 | $0 |
Source: Public Records
Map
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