NOT LISTED FOR SALE

229 Terrace Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,269,145 - $1,438,000

9 Beds
6 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold December 07, 2016

Last sale price $710,000

Est. 92% increase in value since last sale

Current estimated payment $8,649/month

18 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Dining Room
  • Liberty High School Rated A-
  • Central Air
  • 3-minute walk to Terrace Avenue Park

About This Home

As of December 2016

WESTERN SLOPE LOCATION IN JERSEY CITY HEIGHTS FOUR LEVEL HOME VERY CLOSE TO TRANSPORTATION TO NYC, OFFERS 3 BEDS, 2 BATH,EACH APARTMENT, HARDWOOD FLOORS, LAUNDRY IN BOTH UNITS, 2 CAR DRIVEWAY PARKING + 1 CAR GARAGE. LOCATION LOCATION LOCATION!!WILL NOT LAST...

Last Agent to Sell the Property

Leny TORRES-AREVALO

EXP REALTY LLC License #0787391 Listed on: 08/11/2016

EXP REALTY LLC

Last Buyer's Agent

Mark Trompeter

SERHANT NEW JERSEY LLC License #0447978

SERHANT NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,710

Lot Details

  • Lot Dimensions are 25x100

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 9 Bedrooms | 1 Main Level Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00033 / 01201
  • Assessor Parcel Number 17307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,710

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary
  • Exclusions: PERSONAL PROPERTY
  • Inclusions: REAL PROPERTY
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 17307
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Full Baths: 6
  • Total Bedrooms: 9
  • Basement: Finished, Full
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Basement Bedrooms: 2
  • Basement Full Bathrooms: 1
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1800
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1800
  • Fl1 Rooms: 2
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: A/C Central, A/C Window, Gas

Lot Info

  • Geo Address Line: 229 Terrace Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 12/08/2016
  • Geo Zoom Level: 16
  • Lot: 00033
  • Lot Size: 25X100

Tax Info

  • Year: 2015
  • Taxes: 15710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 22, 2016
Sold by
Shah Gaurav and Shah Gita
Bought by
Shah Bruhal and Shah Sjruti A
Seller's Agent
Leny TORRES-AREVALO
EXP REALTY LLC
Buyer's Agent
Mark Trompeter
SERHANT NEW JERSEY LLC
List Price
$745,000
Sold Price
$710,000
Premium/Discount to List
-$35,000
-4.7%
Current Estimated Value
$1,364,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,103
Avg. Annual Appreciation
7.88%
Original Mortgage
$603,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Youssef Sabit and Youssef Kathleen
Bought by
Shah Gaurav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2002
Sold by
Francisco Builders Inc
Bought by
Youssef Sabit and Youssef Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.03%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 18, 2001
Sold by
Mohamed Samir
Bought by
Francisco Builders Inc

Purchase Details

Closed on
Jun 23, 1997
Sold by
Khalil Shawki
Bought by
Mohamed Samir
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shah Bruhal $710,000 Fidelity Natl Title Ins Co
Shah Gaurav $680,000 Commonwealth Land Title Insu
Youssef Sabit $340,000 --
Francisco Builders Inc $80,000 --
Mohamed Samir $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Amar $956,250
Previous Owner Shah Bruhal $603,500
Previous Owner Shah Gaurav $485,000
Previous Owner Shah Gaurav $528,000
Previous Owner Franco Mary E $80,000
Previous Owner Shah Gaurav $544,000
Previous Owner Youssef Sabit $75,000
Previous Owner Youssef Sabit Y $299,000
Previous Owner Youssef Sabit $475,000
Previous Owner Youssef Sabit $306,000
Closed Khalil Shawki --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $710,000 -4.7% --
08/29/2016 08/29/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $745,000 -- --
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 $14,608 $654,200 $180,500 $473,700
2024 $14,700 $654,200 $180,500 $473,700
2023 $14,700 $654,200 $180,500 $473,700
2022 $13,856 $654,200 $180,500 $473,700
2021 $10,493 $654,200 $180,500 $473,700
2020 $10,533 $654,200 $180,500 $473,700
2019 $10,075 $654,200 $180,500 $473,700
2018 $3,036 $654,200 $180,500 $473,700
2017 $15,912 $204,000 $20,000 $184,000
2016 $15,710 $204,000 $20,000 $184,000
2015 $15,263 $204,000 $20,000 $184,000
2014 $15,165 $204,000 $20,000 $184,000
Source: Public Records

Agents Affiliated with this Home

  • Leny TORRES-AREVALO

    Seller's Agent in 2016

    Leny TORRES-AREVALO

    EXP REALTY LLC

    (551) 556-8060

    16 in this area

    59 Total Sales

    Section Image
  • Mark Trompeter

    Buyer's Agent in 2016

    Mark Trompeter

    SERHANT NEW JERSEY LLC

    (917) 355-1329

    5 in this area

    122 Total Sales

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Map

Source: Hudson County MLS

MLS Number: 160011952

Hudson County MLS

APN: 06-01201-0000-00033

New Jersey Hudson County Jersey City 07307 The Heights

229 Terrace Ave, Jersey City, NJ

This home is located at 229 Terrace Ave, Jersey City, NJ 07307 since 11 August 2016 and is currently estimated at $1,373,286. 229 Terrace 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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