NOT LISTED FOR SALE

23 Terrace Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $764,976 - $892,000

5 Beds
3 Baths
-- Sq Ft
1,873 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $625,000

Est. 32% increase in value since last sale

Current estimated payment $5,152/month

24 Days on Market

Highlights

  • Living Room
  • Heating System Uses Steam
  • 4-minute walk to Leonard Gordon Park
  • Liberty High School Rated A-

About This Home

As of January 2022

Amazing opportunity to own an income generating 2 family plus a basement apartment in the Heights! The 1st floor unit has 2 bedrooms, 1 full bathroom, living room and kitchen. The 2nd floor unit also has 2 bedrooms, 1 full bathroom, living room and kitchen. Both units have a month to month lease in place allowing you to keep the property as is or upgrade the units to maximize your rental potential. The property is also conveniently located for commuters into NYC, with buses into NY Port Authority near the home. The neighborhood itself has plenty of shopping, including Leo's Bakery & Deli, Grand Food Mart and Domino's Pizza just to name a few. Between the monthly income plus the property's appreciation potential, this property cannot be missed!

Last Agent to Sell the Property

Geraldine Ciaccia

EXP REALTY LLC License #1650066 Listed on: 10/25/2021

EXP REALTY LLC

Last Buyer's Agent

Geraldine Ciaccia

EXP REALTY LLC License #1650066 Listed on: 10/25/2021

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,741

Lot Details

  • Lot Dimensions are 25x75

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Finished Basement
  • 1 Bedroom in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 16 / 3305
  • Assessor Parcel Number 18085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,741

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Exclusions: Personal property
  • Inclusions: Attached appliances
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 18085
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 5
  • Basement: Finished
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Basement Bedrooms: 1
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1650
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1500
  • Fl1 Rooms: 4
  • Fl2 Rooms: 4

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Utilities

  • Heating/Cooling: A/C Window, Gas, Radiators, Steam

Lot Info

  • Geo Address Line: 23 Terrace Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 10/25/2021
  • Geo Zoom Level: 16
  • Lot: 16
  • Lot Size: 25X75

Tax Info

  • Taxes: 5741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 11, 2022
Sold by
Shweta Pandey
Bought by
Bandamede Santosh K and Bandamede Srinivas
Seller's Agent
Geraldine Ciaccia
EXP REALTY LLC
Buyer's Agent
Geraldine Ciaccia
EXP REALTY LLC
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$823,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,744
Avg. Annual Appreciation
6.25%
Original Mortgage
$531,250
Outstanding Balance
$495,552
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$281,294

Purchase Details

Closed on
Mar 24, 2011
Sold by
Belanger Donald and Belanger Cheryl
Bought by
Pandey Shweta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Belanger Donald and Belanger Cheryl
Bought by
Belanger Donald and Belanger Cheryl

Purchase Details

Closed on
Sep 21, 2001
Sold by
Belanger Helen
Bought by
Belanger Helen and Belanger Donald
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
Bandamede Santosh K $625,000 Golden Title
Pandey Shweta $255,000 --
Belanger Donald -- None Available
Belanger Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandamede Santosh K $531,250
Previous Owner Jogia Parth $403,750
Previous Owner Pandey Shweta $191,250
Previous Owner Belanger Helen M $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $625,000 -3.8% --
11/18/2021 11/18/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $650,000 -- --
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 $7,963 $356,600 $177,500 $179,100
2024 $8,013 $356,600 $177,500 $179,100
2023 $8,013 $356,600 $177,500 $179,100
2022 $7,553 $356,600 $177,500 $179,100
2021 $5,720 $356,600 $177,500 $179,100
2020 $5,741 $356,600 $177,500 $179,100
2019 $5,492 $356,600 $177,500 $179,100
2018 $1,820 $356,600 $177,500 $179,100
2017 $9,539 $122,300 $17,800 $104,500
2016 $9,418 $122,300 $17,800 $104,500
2015 $9,150 $122,300 $17,800 $104,500
2014 $9,092 $122,300 $17,800 $104,500
Source: Public Records

Agents Affiliated with this Home

  • Geraldine Ciaccia

    Seller's Agent in 2022

    Geraldine Ciaccia

    EXP REALTY LLC

    (732) 829-6055

    3 in this area

    44 Total Sales

    Geraldine Ciaccia
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Map

Source: Hudson County MLS

MLS Number: 210024332

Hudson County MLS

APN: 06-03305-0000-00016

New Jersey Hudson County Jersey City 07307 The Heights

23 Terrace Ave, Jersey City, NJ

This home is located at 23 Terrace Ave, Jersey City, NJ 07307 since 25 October 2021 and is currently estimated at $823,744. 23 Terrace Ave is a home located in Hudson County with nearby schools including Nicolas Copernicus No. 25 Elementary School, Liberty High School, and William L. Dickinson 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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