NOT LISTED FOR SALE

255 Terrace Ave Unit 1 Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,229,000 - $1,540,000

3 Beds
2 Baths
1,700 Sq Ft
$803/Sq Ft Est. Value

About This Home

This home is located at 255 Terrace Ave Unit 1, Jersey City, NJ 07307 and is currently estimated at $1,365,215, approximately $803 per square foot. 255 Terrace Ave Unit 1 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Ferez Fernando J and Pagan Leslie Ivette
Bought by
Ferez Fernando J
Current Estimated Value
$1,365,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2008
Sold by
Ferez Norma R and Ferez Fernando J
Bought by
Perez Fernando J and Pagan Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2002
Sold by
Ferez Norma R
Bought by
Ferez Fernando J and Ferez Norma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1997
Sold by
Terrace View Inc
Bought by
Ferez Norma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
7.77%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ferez Fernando J -- None Listed On Document
Perez Fernando J -- American Title Agency Llc
Ferez Fernando J -- --
Ferez Norma R $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferez Fernando J $620,000
Previous Owner Ferez Fernando J $295,600
Previous Owner Ferez Fernando J $355,774
Previous Owner Ferez Fernando J $360,000
Previous Owner Ferez Fernando J $260,000
Previous Owner Ferez Norma R $217,800
Source: Public Records

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 $16,991 $760,900 $180,500 $580,400
2024 $17,097 $760,900 $180,500 $580,400
2023 $17,097 $760,900 $180,500 $580,400
2022 $16,116 $760,900 $180,500 $580,400
2021 $12,205 $760,900 $180,500 $580,400
2020 $12,250 $760,900 $180,500 $580,400
2019 $11,718 $760,900 $180,500 $580,400
2018 $2,515 $760,900 $180,500 $580,400
2017 $13,182 $169,000 $18,000 $151,000
2016 $13,015 $169,000 $18,000 $151,000
2015 $12,645 $169,000 $18,000 $151,000
2014 $12,563 $210,000 $18,000 $192,000
Source: Public Records

Map

New Jersey Hudson County Jersey City 07307 The Heights

255 Terrace Ave Unit 1, Jersey City, NJ

This home is located at 255 Terrace Ave Unit 1, Jersey City, NJ 07307 and is currently estimated at $1,365,215, approximately $803 per square foot. 255 Terrace Ave Unit 1 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.

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