NOT LISTED FOR SALE

281 Sherman Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $695,000 - $1,068,000

5 Beds
2 Baths
2,293 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $642,000 $280 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,745/month

Highlights

  • Living Room
  • Dining Room
  • Hot Water Heating System
  • Dr Ronald McNair High School Rated A+

About This Home

As of November 2020

UNIQUE HOUSE IN JERSEY CITY, HEIGHTS . VERY LOW TAXES. GREAT LOCATION WITHIN FEW BLOCKS AWAY FROM CONGRESS ST LIGHT RAIL AND NYC TRANSPORTATION. VERY EASY ACCESS TO HOLLAND TUNNEL & LINCOLN TUNNEL MAJOR HIGHWAYS NEAR BY. RESTAURANTS, MARKETS, SHOPS WITHIN WALKING DISTANCE, SPACIOUS APARTMENTS. BIG BACKYARD AND FULL FINISHED BASEMENT. PLENTY OF STORAGE SPACE. GREAT OPPORTUNITY FOR INVESTORS AND OWNER OCCUPIED. HOUSE IS AMAZING CONDITION WITH TO A LOT TO OFFER . DONT MISS OUT ON THIS PROPERTY .

Last Agent to Sell the Property

JANNINA GAVILANES

COLDWELL BANKER REALTY License #0563878 Listed on: 08/13/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Anne-Marie Pelletier

SINGLETON GALMANN RE License #9694419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,259

Lot Details

  • 2,483

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • Insurance Expense $2,600
  • Water Sewer Expense $400

Listing and Financial Details

  • Exclusions: PERSONAL BELONGINGS
  • Legal Lot and Block 00021 / 01603
  • Assessor Parcel Number 13128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,259

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Exclusions: PERSONAL BELONGINGS
  • Inclusions: APPLIANCES
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 13128
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 5
  • Basement: Finished, Full
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: VACANT
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: OWNER OCCU
  • Fl1 Rooms: 5
  • Fl2 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Utilities

  • Heat Expense: 4000
  • Heating/Cooling: Electric, Gas, Hot Water

Fee Information

  • Insurance Expense: 2600
  • Water Sewer Expenses: 400

Lot Info

  • Geo Address Line: 281 Sherman Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 08/13/2020
  • Geo Zoom Level: 16
  • Lot: 00021

Tax Info

  • Taxes: 7259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 29, 2020
Sold by
Paez Melby
Bought by
Salak Saskia Anne
Seller's Agent
JANNINA GAVILANES
COLDWELL BANKER REALTY
Buyer's Agent
Anne-Marie Pelletier
SINGLETON GALMANN RE
List Price
$719,900
Sold Price
$642,000
Premium/Discount to List
-$77,900
-10.82%
Current Estimated Value
$918,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,353
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Dec 17, 2003
Sold by
Scavo James R and Scavo Amy M
Bought by
Paez Melby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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
Salak Saskia Anne $642,000 First American Title
Salak Saskia Anne $642,000 First American Title
Paez Melby $297,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paez Melby $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $642,000 -10.8% $280 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $719,900 -- $314 / Sq Ft
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 $10,526 $471,400 $240,000 $231,400
2024 $10,592 $471,400 $240,000 $231,400
2023 $10,592 $471,400 $240,000 $231,400
2022 $9,984 $471,400 $240,000 $231,400
2021 $7,561 $471,400 $240,000 $231,400
2020 $7,590 $471,400 $240,000 $231,400
2019 $7,260 $471,400 $240,000 $231,400
2018 $1,734 $471,400 $240,000 $231,400
2017 $9,087 $116,500 $20,000 $96,500
2016 $8,972 $116,500 $20,000 $96,500
2015 $8,717 $116,500 $20,000 $96,500
2014 $8,661 $116,500 $20,000 $96,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JANNINA GAVILANES

    COLDWELL BANKER REALTY

    (201) 888-0983

    1 in this area

    4 Total Sales

    JANNINA GAVILANES
    Section Image

  • A

    Buyer's Agent in 2020

    Anne-Marie Pelletier

    SINGLETON GALMANN RE

    (201) 966-9456

    4 in this area

    24 Total Sales

    Anne-Marie Pelletier
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 202017093

Hudson County MLS

APN: 06-01603-0000-00021

New Jersey Hudson County Jersey City 07307 The Heights

281 Sherman Ave, Jersey City, NJ

This home is located at 281 Sherman Ave, Jersey City, NJ 07307 since 13 August 2020 and is currently estimated at $918,353, approximately $400 per square foot. 281 Sherman Ave is a home located in Hudson County with nearby schools including Christa McAuliffe School, William L. Dickinson High School, and Dr Ronald McNair 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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