57 Terrace Ave Unit 2 Jersey City, NJ 07307
The Heights NeighborhoodEstimated Value: $668,000 - $852,000
            
                2
                Beds
            
            
            
                1
                Bath
            
            
            
                800
                Sq Ft
            
            
                
                    $980/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 57 Terrace Ave Unit 2, Jersey City, NJ 07307 and is currently estimated at $783,771, approximately $979 per square foot. 57 Terrace Ave Unit 2 is a home located in Hudson County with nearby schools including Nicolas Copernicus No. 25 Elementary School, Liberty High School, and William L. Dickinson High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 30, 2024
            
        
                Sold by
            
            
                Hooks Elizabeth
            
        
                Bought by
            
            
                Yousaf Ali Nadeem and Akhtar Ali Kaneez
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $490,000
            
        
                Outstanding Balance
            
            
                $483,050
            
        
                Interest Rate
            
            
                6.82%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $300,721
            
        Purchase Details
                Closed on
            
            
                Mar 12, 2021
            
        
                Sold by
            
            
                Amewugah Simon and Boakye Kwaku
            
        
                Bought by
            
            
                Hooks Elizabeth
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $589,132
            
        
                Interest Rate
            
            
                2.73%
            
        
                Mortgage Type
            
            
                FHA
            
        Purchase Details
                Closed on
            
            
                Feb 2, 2016
            
        
                Sold by
            
            
                Boakye Kwaku
            
        
                Bought by
            
            
                Boakye Kwayku and Amewugah Simon
            
        Purchase Details
                Closed on
            
            
                Feb 28, 2006
            
        
                Sold by
            
            
                Ruggieri Immacolata
            
        
                Bought by
            
            
                Amewugah Simon and Jackson Helen
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $101,000
            
        
                Interest Rate
            
            
                5.8%
            
        
                Mortgage Type
            
            
                Stand Alone Second
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Yousaf Ali Nadeem | $700,000 | Old Republic National Title In | |
| Yousaf Ali Nadeem | $700,000 | Old Republic National Title In | |
| Ali Nadeem Yousaf | $700,000 | Old Republic National Title In | |
| Hooks Elizabeth | $600,000 | None Available | |
| Boakye Kwayku | $41,096 | None Available | |
| Amewugah Simon | $505,000 | None Available | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Ali Nadeem Yousaf | $490,000 | |
| Closed | Ali Nadeem Yousaf | $490,000 | |
| Previous Owner | Hooks Elizabeth | $589,132 | |
| Previous Owner | Amewugah Simon | $101,000 | |
| Previous Owner | Amewugah Simon | $404,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $8,372 | $374,900 | $190,000 | $184,900 | 
| 2024 | $8,424 | $374,900 | $190,000 | $184,900 | 
| 2023 | $8,424 | $374,900 | $190,000 | $184,900 | 
| 2022 | $7,940 | $374,900 | $190,000 | $184,900 | 
| 2021 | $6,013 | $374,900 | $190,000 | $184,900 | 
| 2020 | $6,036 | $374,900 | $190,000 | $184,900 | 
| 2019 | $5,773 | $374,900 | $190,000 | $184,900 | 
| 2018 | $1,423 | $374,900 | $190,000 | $184,900 | 
| 2017 | $7,457 | $95,600 | $20,000 | $75,600 | 
| 2016 | $7,362 | $95,600 | $20,000 | $75,600 | 
| 2015 | $7,153 | $95,600 | $20,000 | $75,600 | 
| 2014 | $7,107 | $95,600 | $20,000 | $75,600 | 
                Source: Public Records
                    
            
        Map
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