NOT LISTED FOR SALE

308 Summit Ave Jersey City, NJ 07306

Downtown Jersey City Neighborhood

Estimated Value: $638,270 - $1,000,000

-- Bed
-- Bath
2,178 Sq Ft
$375/Sq Ft Est. Value

About This Home

This home is located at 308 Summit Ave, Jersey City, NJ 07306 and is currently estimated at $817,068, approximately $375 per square foot. 308 Summit Ave is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, Lincoln High School, and Liberty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2002
Sold by
Patel Jayantibhai R and Patel Ranjan J
Bought by
Sharma Chander and Sharma Nita
Current Estimated Value
$817,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,993
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sharma Chander $125,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sharma Chander $120,000
Closed Sharma Chander $117,993
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 $9,566 $428,400 $216,500 $211,900
2024 $9,626 $428,400 $216,500 $211,900
2023 $9,626 $428,400 $216,500 $211,900
2022 $9,074 $428,400 $216,500 $211,900
2021 $6,872 $428,400 $216,500 $211,900
2020 $6,897 $428,400 $216,500 $211,900
2019 $6,597 $428,400 $216,500 $211,900
2018 $1,488 $428,400 $216,500 $211,900
2017 $7,800 $100,000 $12,600 $87,400
2016 $7,701 $100,000 $12,600 $87,400
2015 $7,482 $100,000 $12,600 $87,400
2014 $7,434 $100,000 $12,600 $87,400
Source: Public Records

Map

New Jersey Hudson County Jersey City 07306 Downtown Jersey City

308 Summit Ave, Jersey City, NJ

This home is located at 308 Summit Ave, Jersey City, NJ 07306 and is currently estimated at $817,068, approximately $375 per square foot. 308 Summit Ave is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, Lincoln High School, and Liberty High School.

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