NOT LISTED FOR SALE

271 Terrace Ave Unit A Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,227,000 - $1,414,000

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

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Central Air
  • Liberty High School Rated A-
  • Living Room
  • 5-minute walk to Terrace Avenue Park

About This Home

As of March 2022

Beautiful Newer 5 Bed and 3 Bath home wit attached garage. Spacious Kitchen with Cherry Cabinets, SS Appliances, Granite Ctrs, HW Floors through out First floor. Master Br w/ attached bath. walk In Closet, Balcony, Two Other bedrooms w/ Another bath, Huge Family room w/ Wood Floors, Balcony. Down stairs Br w Full Bath, walk out to garage, Walk out basement level spacious Bedroom can be used as Recreation room . 1 car shared garage Parking. Close to transportation, Restaurants and highways.

Last Agent to Rent the Property

Mahalakshmi Gullapalli

WEICHERT REALTORS License #0571088 Listed on: 01/05/2022

WEICHERT REALTORS

Last Renter's Agent

Mahalakshmi Gullapalli

WEICHERT REALTORS License #0571088 Listed on: 01/05/2022

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,065

Year Built

  • 2019

Lot Details

  • 2,483

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 52509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,065

Year Built

2019

Lot Details

0

Rental Info

  • Rental Date: 03/15/2022
  • Credit Check Required: y
  • Rental Amount: 3750

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: 2 Family
  • Building Style: Contemporary, Multi-Level
  • Section: Heights
  • Assessor Parcel Number: 52509
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2019

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Rooms: 7
  • Basement: Finished, Walk-Out
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Lower Level Bedrooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level 2 Bedrooms: 3
  • Level 2 Full Bathrooms: 2
  • Level2 Ktichens: 1
  • Level 2 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 1 Car, Garage

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Hardwood Floor

Lot Info

  • Geo Address Line: 271 Terrace Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 01/05/2022
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2019
Sold by
Jhaveri Nitesh and Shah Dimple
Bought by
Polavarapu Usha and Polavarapu Pradeep
Current Estimated Value
$1,282,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Javari Nitesh and Shah Dimple
Bought by
Jhavari Nitesh and Shah Dimple

Purchase Details

Closed on
Jul 12, 2016
Sold by
Sullivan Alfred D and Griffiths Sharon L
Bought by
Shah Dimple and Jhaveri Nitesh

Purchase Details

Closed on
Nov 10, 1998
Sold by
Acosta Aldenys
Bought by
Sullivan Alfred D and Griffiths Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.68%

Purchase Details

Closed on
Sep 18, 1995
Sold by
Chemical Bank New Jersey Na
Bought by
Acosta Aldenys

Purchase Details

Closed on
Oct 31, 1994
Sold by
Webster Edward J
Bought by
Chemical Bank Of New Jersey Na
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
Polavarapu Usha $985,000 Fidelity National Ttl Ins Co
Jhavari Nitesh -- None Available
Shah Dimple $5,505,000 First American Title
Sullivan Alfred D $130,000 First American Title Ins Co
Acosta Aldenys $75,000 --
Chemical Bank Of New Jersey Na $10,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polavarapu Usha $738,750
Previous Owner Griffiths Sharon L $85,222
Previous Owner Sullivan Alfred D $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Rented $3,750 +7.1% --
02/18/2022 02/18/22 For Rent $3,500 0.0% --
02/18/2022 02/18/22 Price Changed $3,500 +2.9% --
02/06/2022 02/06/22 Under Contract -- -- --
01/05/2022 01/05/22 For Rent $3,400 -- --
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 $19,065 $1,100,500 $277,800 $822,700
2024 $19,185 $853,800 $277,800 $822,700
2023 $19,185 $853,800 $0 $0
2022 $18,083 $853,800 $0 $0
2021 $13,695 $853,800 $0 $0
2020 $13,746 $853,800 $0 $0
2019 $5,818 $377,800 $277,800 $100,000
2018 $2,653 $290,000 $265,000 $25,000
2017 $9,227 $118,300 $118,300 $0
2016 $8,386 $108,900 $40,000 $68,900
2015 $8,148 $108,900 $40,000 $68,900
2014 $8,096 $108,900 $40,000 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Mahalakshmi Gullapalli

    Landlord's Agent in 2022

    Mahalakshmi Gullapalli

    WEICHERT REALTORS

    (973) 714-6683

    14 Total Sales

    Mahalakshmi Gullapalli
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Map

Source: Hudson County MLS

MLS Number: 220000260

Hudson County MLS

APN: 06-01201-0000-00017

New Jersey Hudson County Jersey City 07307 The Heights

271 Terrace Ave Unit A, Jersey City, NJ

This home is located at 271 Terrace Ave Unit A, Jersey City, NJ 07307 since 05 January 2022 and is currently priced at $1,282,403. This property was built in 2019. 271 Terrace Ave Unit A 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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