NOT LISTED FOR SALE

56 Reservoir Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $762,898 - $1,267,000

7 Beds
4 Baths
3,255 Sq Ft
$324/Sq Ft Est. Value

About This Home

This home is located at 56 Reservoir Ave, Jersey City, NJ 07307 and is currently estimated at $1,053,633, approximately $323 per square foot. 56 Reservoir Ave is a home located in Hudson County with nearby schools including Charles E. Trefurt School, William L. Dickinson High School, and Dr Ronald McNair High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
56 Reservoir Ave Llc
Bought by
Martinez Michael and Martinez Rachel
Current Estimated Value
$1,053,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$450,219
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$603,414

Purchase Details

Closed on
Aug 17, 2023
Sold by
56 Reservoir Ave Llc
Bought by
Oharonian Arlen and Oharonian Ashley Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$450,219
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$603,414

Purchase Details

Closed on
Jul 24, 2023
Sold by
56 Reservoir Ave Llc
Bought by
56 Reservoir Avenue Condominiums Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Lanuto Christopher A
Bought by
Lanuto Christopher A

Purchase Details

Closed on
Sep 9, 2009
Sold by
Troche Richard
Bought by
Lanuto Christopher

Purchase Details

Closed on
Oct 18, 2006
Sold by
Preston John and Preston Adelfa Gomez
Bought by
Lanuto Christopher and Troche Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 25, 2005
Sold by
Preston Adelfa M
Bought by
Preston John F and Preston Jolene

Purchase Details

Closed on
Dec 21, 1998
Sold by
Lucchesi Steven Ronald
Bought by
Preston Adelfa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martinez Michael $642,500 Main Street Title
Martinez Michael $642,500 Main Street Title
Oharonian Arlen $650,000 None Listed On Document
Oharonian Arlen $650,000 None Listed On Document
Power Damien M $700,000 Foundation Title
56 Reservoir Avenue Condominiums Association -- None Listed On Document
56 Reservoir Avenue Condominiums Association -- None Listed On Document
Lanuto Christopher A -- --
Lanuto Christopher -- --
Lanuto Christopher $535,000 None Available
Lanuto Christopher -- None Available
Preston John F -- --
Preston Adelfa $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Michael $460,000
Closed Martinez Michael $460,000
Previous Owner Power Damien M $595,000
Previous Owner Oharonian Arlen $585,000
Previous Owner Lanuto Christopher $107,000
Previous Owner Lanuto Christopher $428,000
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 $16,010 -- -- --
2024 $16,010 $0 $0 $0
2023 $16,010 $712,500 $250,000 $462,500
2022 $11,575 $546,500 $250,000 $296,500
2021 $8,766 $546,500 $250,000 $296,500
2020 $8,799 $546,500 $250,000 $296,500
2019 $8,416 $546,500 $250,000 $296,500
2018 $1,384 $546,500 $250,000 $296,500
2017 $7,254 $93,000 $20,000 $73,000
2016 $7,162 $93,000 $20,000 $73,000
2015 $6,958 $93,000 $20,000 $73,000
2014 $6,914 $93,000 $20,000 $73,000
Source: Public Records

Map

New Jersey Hudson County Jersey City 07307 The Heights

56 Reservoir Ave, Jersey City, NJ

Not Listed for Sale

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.

Nearby Homes