NOT LISTED FOR SALE

257 Terrace Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,148,000 - $1,525,000

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

Last Sold June 30, 2015

Last sale price $624,000

Est. 109% increase in value since last sale

Current estimated payment $8,277/month

6 Days on Market

Highlights

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

About This Home

As of June 2015

Just Like New But Better than New. Pride of Home Ownership shown in this immaculate one of a kind newer construction 2 family home. Home offers 4 floors of living. Top 2 floors consist of 3Bed/2Bath, Hardwood Floors, Central Air, 2 Decks, His and Hers Closet, Master Bedroom has on Suite bath with Jacuzzi, 4 skylights on the second floor. Ground Floor offers a living room, bedroom, full bath and a kitchenette area. Lowest level offers 700 s/f of living room space with a full bathroom.

Last Agent to Sell the Property

Luis Negron

COLDWELL BANKER License #1110188 Listed on: 04/07/2015

Last Buyer's Agent

Sanjeev Prabhakar

COLDWELL BANKER REALTY License #1328957

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,523

Lot Details

  • Lot Dimensions are 25 x 100

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 1 Main Level Bedroom

Finished Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,200
  • Water Sewer Expense $500

Listing and Financial Details

  • Legal Lot and Block 00021 / 01201
  • Assessor Parcel Number 51151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,523

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary, Split Level
  • Section: Heights
  • Assessor Parcel Number: 51151
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Full Baths: 6
  • Total Bedrooms: 8
  • Total Other Rooms: 1
  • Basement: Finished, Walk-Out
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 4
  • Basement Bedrooms: 1
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Fl1 Rooms: 2
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Block, Brick

Garage/Parking

  • Parking Available: 3+ Cars, Garage
  • Annual Water Sewer Expense: 14

Utilities

  • Heating/Cooling: A/C Central, Gas
  • Annual Insurance Expense: 14

Fee Information

  • Insurance Expense: 1200
  • Water Sewer Expenses: 500

Lot Info

  • Geo Address Line: 257 Terrace Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 06/30/2015
  • Geo Zoom Level: 16
  • Lot: 00021
  • Lot Size: 25 x 100

Tax Info

  • Taxes: 11523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Kamma Sudhakararao and Kamma Sudhakar
Bought by
Kamma Sudhakar
Current Estimated Value
$1,306,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$225,957
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,100,870

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 25, 2015
Sold by
Perez Pedro and Perez Nelcy
Bought by
Kamma Sudhakararao
Seller's Agent
Luis Negron
COLDWELL BANKER
Buyer's Agent
Sanjeev Prabhakar
COLDWELL BANKER REALTY
List Price
$615,000
Sold Price
$624,000
Premium/Discount to List
$9,000
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$499,200
Outstanding Balance
$394,782
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$932,046

Purchase Details

Closed on
Aug 28, 1998
Sold by
Terrace View Inc
Bought by
Perez Pedro and Perez Nelcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Average Value
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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
Kamma Sudhakar -- Genuine Title Agency Llc
Kamma Sudhakararao $624,000 Land Quest Title Llc
Perez Pedro $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamma Sudhakar $250,000
Open Kamma Sudhakararao $499,200
Previous Owner Perez Pedro $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $624,000 +1.5% --
04/13/2015 04/13/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $615,000 -- --
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 $16,131 $722,400 $180,500 $541,900
2024 $16,232 $722,400 $180,500 $541,900
2023 $16,232 $722,400 $180,500 $541,900
2022 $15,300 $722,400 $180,500 $541,900
2021 $11,587 $722,400 $180,500 $541,900
2020 $11,631 $722,400 $180,500 $541,900
2019 $11,125 $722,400 $180,500 $541,900
2018 $2,306 $722,400 $180,500 $541,900
2017 $12,090 $155,000 $18,000 $137,000
2016 $11,937 $155,000 $18,000 $137,000
2015 $11,597 $155,000 $18,000 $137,000
2014 $11,523 $155,000 $18,000 $137,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Luis Negron

    COLDWELL BANKER

    (201) 744-5965

    8 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Sanjeev Prabhakar

    COLDWELL BANKER REALTY

    (201) 687-6633

    11 in this area

    30 Total Sales

    Section Image
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Map

Source: Hudson County MLS

MLS Number: 150004219

Hudson County MLS

APN: 06-01201-0000-00021

New Jersey Hudson County Jersey City 07307 The Heights

257 Terrace Ave, Jersey City, NJ

This home is located at 257 Terrace Ave, Jersey City, NJ 07307 since 07 April 2015 and is currently estimated at $1,326,827. 257 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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