NOT LISTED FOR SALE

787 Summit Ave Unit 16 Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $383,000 - $408,000

2 Beds
1 Bath
811 Sq Ft
$381/mo HOA Fee

Last Sold December 08, 2020

Last sale price $308,000 $380 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,897/month

Highlights

  • Property is near a park
  • Intercom
  • Dining Room
  • Liberty High School Rated A-
  • Living Room
  • 1-minute walk to Pershing Field Park

About This Home

As of December 2020

Lovely renovated Corner Unit has views of Lower and Midtown Manhattan. This 4th Floor unit features 2 Bedrooms, Full updated bathroom, Living Room, Eat in Kitchen with stainless appliances, granite counter tops and wood floors. Light and bright! Move in Ready! Coin operated laundry in basement along with some storage space. 15 minute walk to Journal Square, Bus nearby to NYC and short walk to Path. Located across from Pershing Park which features skating rink, pool, Playground and Tennis Courts. Historic Jersey City Reservoir nearby.

Last Agent to Sell the Property

Maureen Leong

KELLER WILLIAMS TEAM REALTY License #0227280 Listed on: 07/06/2020

KELLER WILLIAMS TEAM REALTY

Co-Listed By

NON-MEMBER NON-MEMBER

NON-MEMBER

Last Buyer's Agent

MICHELE LATOUR

REMAX SIGNATURE HOMES License #1433973

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Lot Details

  • 6,534

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 811 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Intercom

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 15 / 4801
  • Assessor Parcel Number 14616

Community Details

Overview

  • Association fees include taxes

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Heights
  • Assessor Parcel Number: 14616
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 4
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 811
  • Price Per Sq Ft: 379.78

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Baseboard

Association/Amenities

  • Amenities Included: Intercom

Condo/Co-op/Association

  • Common Amenities: Wash/Dry Room
  • Maintenance Fee Includes: Taxes

Fee Information

  • Monthly Maintenance Fee: 381

Lot Info

  • Geo Address Line: 787 Summit Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/06/2020
  • Geo Zoom Level: 16
  • Lot: 15

Tax Info

  • Taxes: 3485

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Nesheiwat Amanda
Bought by
Spence Jake and Borkar Tanvi Spence
Current Estimated Value
$393,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,800
Outstanding Balance
$383,471
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$9,678

Purchase Details

Listed on
Jul 6, 2020
Closed on
Dec 1, 2020
Sold by
Palomba Stephen
Bought by
Nesheiwat Amanda
Seller's Agent
Maureen Leong
KELLER WILLIAMS TEAM REALTY
Buyer's Agent
MICHELE LATOUR
REMAX SIGNATURE HOMES
List Price
$327,000
Sold Price
$308,000
Premium/Discount to List
-$19,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$292,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Chow Halina Yinfong and Lo Paul Chipong
Bought by
Palomba Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.81%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 17, 2002
Sold by
Wasserman Kenneth B and Wasserman Arlene N
Bought by
Chow Halina Yinfong and Lo Paul Chipong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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.

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
Spence Jake $404,000 Stewart Title Guaranty Company
Spence Jake $404,000 Stewart Title Guaranty Company
Nesheiwat Amanda $308,000 Town Title Agency
Palomba Stephen $240,000 None Available
Chow Halina Yinfong $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Jake $383,800
Closed Spence Jake $383,800
Previous Owner Nesheiwat Amanda $292,600
Previous Owner Palomba Stephen $180,000
Previous Owner Chow Halina Yinfong $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $308,000 0.0% $380 / Sq Ft
12/08/2020 12/08/20 Sold $308,000 -3.7% $380 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/11/2020 09/11/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $319,900 -2.2% $394 / Sq Ft
07/06/2020 07/06/20 For Sale $327,000 0.0% $403 / Sq Ft
06/17/2020 06/17/20 For Sale $327,000 -- $403 / 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 $5,053 $226,300 $75,000 $151,300
2024 $5,085 $226,300 $75,000 $151,300
2023 $5,085 $226,300 $75,000 $151,300
2022 $4,793 $226,300 $75,000 $151,300
2021 $3,630 $226,300 $75,000 $151,300
2020 $3,643 $226,300 $75,000 $151,300
2019 $3,485 $226,300 $75,000 $151,300
2018 $482 $226,300 $75,000 $151,300
2017 $2,527 $32,400 $2,300 $30,100
2016 $2,495 $32,400 $2,300 $30,100
2015 $2,424 $32,400 $2,300 $30,100
2014 $2,409 $32,400 $2,300 $30,100
Source: Public Records

Agents Affiliated with this Home

  • Linda Kattine

    Seller's Agent in 2020

    Linda Kattine

    CURATED REALTY

    (973) 650-4263

    1 in this area

    56 Total Sales

    Linda Kattine
    Section Image

  • M

    Seller's Agent in 2020

    Maureen Leong

    KELLER WILLIAMS TEAM REALTY

    (973) 842-8326

    2 in this area

    35 Total Sales

    Maureen Leong
    Section Image

  • N

    Seller Co-Listing Agent in 2020

    NON-MEMBER NON-MEMBER

    NON-MEMBER

  • M

    Buyer's Agent in 2020

    MICHELE LATOUR

    RE/MAX

See All Agents

Map

Source: Hudson County MLS

MLS Number: 202012881

Hudson County MLS

APN: 06-04801-0000-00015-0000-C0016

New Jersey Hudson County Jersey City 07306 The Heights

787 Summit Ave Unit 16, Jersey City, NJ

This home is located at 787 Summit Ave Unit 16, Jersey City, NJ 07307 since 06 July 2020 and is currently estimated at $393,149, approximately $484 per square foot. 787 Summit Ave Unit 16 is a home located in Hudson County with nearby schools including Jotham W. Wakeman No. 6 Elementary School, William L. Dickinson High School, and Liberty 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.

Nearby Homes