NOT LISTED FOR SALE

271 Terrace Ave Jersey City, NJ 07307

The Heights Neighborhood

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

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

Last Sold July 12, 2016

Last sale price $505,000

Est. 154% increase in value since last sale

Current estimated payment $8,563/month

16 Days on Market

Highlights

  • Property is near a park
  • Raised Ranch Architecture
  • Living Room
  • Liberty High School Rated A-
  • Wood Flooring
  • 5-minute walk to Terrace Avenue Park

About This Home

As of July 2016

This house needs a lot of work, or should be torn down. Great location to build your ideal home on a double lot 50 x 100, or invest in multiple houses. Wide, quiet street, nice neighborhood. Easy drive to Holland Tunnel, RT 1 & 9 and Secacus.

Last Agent to Sell the Property

Janice Hall

WEICHERT REALTORS License #0459021 Listed on: 04/26/2016

WEICHERT REALTORS

Last Buyer's Agent

Janice Hall

WEICHERT REALTORS License #0459021 Listed on: 04/26/2016

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,148

Lot Details

  • Lot Dimensions are 50 x 100

Parking

  • 2 Parking Spaces

Home Design

  • Raised Ranch Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Location

  • Property is near a park
  • Property is near schools
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Sellers' personal belongings
  • Legal Lot and Block 00017 / 01201
  • Assessor Parcel Number 52509

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,148

Lot Details

0

Listing Details

  • Class: ONE FAMILY
  • Type: One Family
  • Building Style: Raised Ranch
  • Exclusions: Sellers' personal belongings
  • Lead Paint Form: Yes
  • Miscellaneous: Near Bus, Near Parks, Near Schools
  • Section: Heights
  • Assessor Parcel Number: 52509
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Rooms: 9
  • Basement: Finished, Full
  • Total Dining Rooms: 1
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Other: 4
  • Level 1 Bedrooms: 2
  • Level 1 Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: A/C Wall, Baseboard, Gas, Hot Water

Association/Amenities

  • Amenities Included: Hardwood Floor, Wall to Wall Carpet

Lot Info

  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/14/2016
  • Geo Zoom Level: 16
  • Lot: 00017
  • Lot Size: 50 x 100

Rental Info

  • Pets Allowed: Y

Tax Info

  • Year: 2015
  • Taxes: 8148

Multi Family

  • Total Other: 4

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

Listed on
Apr 26, 2016
Closed on
Jul 12, 2016
Sold by
Sullivan Alfred D and Griffiths Sharon L
Bought by
Shah Dimple and Jhaveri Nitesh
Seller's Agent
Janice Hall
WEICHERT REALTORS
Buyer's Agent
Janice Hall
WEICHERT REALTORS
List Price
$599,900
Sold Price
$505,000
Premium/Discount to List
-$94,900
-15.82%

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
07/12/2016 07/12/16 Sold $505,000 -15.8% --
05/12/2016 05/12/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $599,900 -- --
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

  • Janice Hall

    Seller's Agent in 2016

    Janice Hall

    Weichert Corporate

    (201) 232-8577

    2 in this area

    47 Total Sales

    Janice Hall
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Map

Source: Hudson County MLS

MLS Number: 160006016

Hudson County MLS

APN: 06-01201-0000-00017

New Jersey Hudson County Jersey City 07307 The Heights

271 Terrace Ave, Jersey City, NJ

This home is located at 271 Terrace Ave, Jersey City, NJ 07307 since 26 April 2016 and is currently estimated at $1,282,403. 271 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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