NOT LISTED FOR SALE

246 Terrace Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,067,000 - $1,225,000

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

Last Sold September 30, 2021

Last sale price $900,000

Est. 25% increase in value since last sale

Current estimated payment $7,283/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Central Air
  • Liberty High School Rated A-
  • Living Room
  • Dining Room

About This Home

As of September 2021

Contemporary 2Family built in 2000's: 1st & 2nd Floor is connected as a Duplex apartment total of 5 beds/ 3 full baths- can also be used as separate with the first floor being a bonus unit. 3rd floor features 3full beds (includes master suite)/ 2 full baths, skylights in living room and baths; Balconies on units, w a private backyard. 2 car attached garage, central Air/Heat, hardwood floors throughout. W/d in room in each unit. Close to transportation to Journal Square Path and easy transportation to NYC. Hurry ! Won't last.

Last Agent to Sell the Property

Andrea Alummootil

KELLER WILLIAMS CITY VIEWS License #0344475 Listed on: 06/24/2021

KELLER WILLIAMS CITY VIEWS

Last Buyer's Agent

Adriana Madeira

REDFIN CORPORATION License #1755016

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,853

Lot Details

  • Lot Dimensions are 24.88 x 100

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Personal
  • Legal Lot and Block 00017 / 01202
  • Assessor Parcel Number 17286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,853

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary
  • Exclusions: Personal
  • Inclusions: attached, all appliances
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 17286
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 8
  • Total Dining Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 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: $2,975
  • 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: $2,100
  • Fl1 Rooms: 4
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 2 Cars, Attached

Utilities

  • Heating/Cooling: A/C Central, Gas

Lot Info

  • Geo Address Line: 246 Terrace Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/24/2021
  • Geo Zoom Level: 16
  • Lot: 00017
  • Lot Size: 24.88 x 100

Tax Info

  • Taxes: 10853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 13, 2021
Sold by
246 Terrace Avenue Llc
Bought by
Pacheco Alan and Canas Silvia M
Seller's Agent
Andrea Alummootil
KELLER WILLIAMS CITY VIEWS
Buyer's Agent
Adriana Madeira
REDFIN CORPORATION
List Price
$969,000
Sold Price
$900,000
Premium/Discount to List
-$69,000
-7.12%
Current Estimated Value
$1,120,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,856
Avg. Annual Appreciation
5.70%
Original Mortgage
$720,000
Outstanding Balance
$657,996
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$462,860

Purchase Details

Closed on
Oct 7, 2013
Sold by
Desai Jayesh and Desai Dipti
Bought by
246 Terrace Avenue Llc

Purchase Details

Closed on
Aug 3, 2005
Sold by
Canero Alan
Bought by
Hussala Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 16, 2004
Sold by
Miller William and Miller Irene
Bought by
Cancro Alan
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
Pacheco Alan $900,000 Stewart Title Guaranty Co
246 Terrace Avenue Llc -- None Available
Hussala Mohammad $555,000 --
Cancro Alan $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Alan $720,000
Previous Owner Desai Jayesh $277,500
Previous Owner Hussain Mohammad $492,000
Previous Owner Hussain Mohammad $35,000
Previous Owner Hussala Mohammad $83,250
Previous Owner Hussala Mohammad $416,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $900,000 -1.1% --
08/10/2021 08/10/21 Pending -- -- --
07/13/2021 07/13/21 Price Changed $910,000 -4.1% --
07/06/2021 07/06/21 Price Changed $949,000 -2.1% --
06/24/2021 06/24/21 For Sale $969,000 -- --
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 $15,738 $704,800 $190,000 $514,800
2024 $15,837 $704,800 $190,000 $514,800
2023 $15,837 $704,800 $190,000 $514,800
2022 $14,928 $704,800 $190,000 $514,800
2021 $11,305 $704,800 $190,000 $514,800
2020 $11,347 $704,800 $190,000 $514,800
2019 $10,854 $704,800 $190,000 $514,800
2018 $1,860 $704,800 $190,000 $514,800
2017 $9,750 $125,000 $25,000 $100,000
2016 $9,626 $125,000 $25,000 $100,000
2015 $9,353 $125,000 $25,000 $100,000
2014 $9,293 $125,000 $25,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alummootil

    Seller's Agent in 2021

    Andrea Alummootil

    KELLER WILLIAMS CITY VIEWS

    (201) 406-8015

    3 in this area

    77 Total Sales

    Andrea Alummootil
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Map

Source: Hudson County MLS

MLS Number: 210015329

Hudson County MLS

APN: 06-01202-0000-00017

New Jersey Hudson County Jersey City 07307 The Heights

246 Terrace Ave, Jersey City, NJ

This home is located at 246 Terrace Ave, Jersey City, NJ 07307 since 24 June 2021 and is currently estimated at $1,120,856. 246 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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