NOT LISTED FOR SALE

71 Terrace Ave Unit 5 Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $515,000 - $853,896

3 Beds
-- Bath
760 Sq Ft
$879/Sq Ft Est. Value

About This Home

This home is located at 71 Terrace Ave Unit 5, Jersey City, NJ 07307 and is currently estimated at $667,974, approximately $878 per square foot. 71 Terrace Ave Unit 5 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
Aug 11, 2021
Sold by
Mb Equities Llc
Bought by
Mb Equities Llc
Current Estimated Value
$667,974

Purchase Details

Closed on
Jan 25, 2021
Sold by
Terrace Avenue 71 Llc
Bought by
Mb Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2021
Sold by
Terrace Avenue 71 Llc
Bought by
Mb Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2020
Sold by
Delia Vincent J and Estate Of Francis J Kieron
Bought by
Terrace Avenue 71 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
3.2%
Mortgage Type
Commercial
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
Mb Equities Llc -- Stewart Title
Mb Equities Llc $355,000 New Title Company Name
Mb Equities Llc $355,000 None Available
Terrace Avenue 71 Llc $384,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mb Equities Llc $745,500
Previous Owner Mb Equities Llc $745,500
Previous Owner Terrace Avenue 71 Llc $1,025,000
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 $15,071 $780,500 $277,500 $503,000
2024 $10,995 $674,900 $277,500 $397,400
2023 $10,995 $489,300 $277,500 $211,800
2022 $5,157 $243,500 $142,000 $101,500
2021 $3,906 $243,500 $142,000 $101,500
2020 $3,920 $243,500 $142,000 $101,500
2019 $3,750 $243,500 $142,000 $101,500
2018 $670 $243,500 $142,000 $101,500
2017 $3,510 $45,000 $12,300 $32,700
2016 $3,465 $45,000 $12,300 $32,700
2015 $3,367 $45,000 $12,300 $32,700
2014 $3,345 $45,000 $12,300 $32,700
Source: Public Records

Map

New Jersey Hudson County Jersey City 07307 The Heights

71 Terrace Ave Unit 5, Jersey City, NJ

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