NOT LISTED FOR SALE

87 Terrace Ave Unit 1 Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $776,000 - $995,000

1 Bed
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

Highlights

  • Wood Flooring
  • Living Room
  • Washer and Dryer
  • Liberty High School Rated A-
  • Dining Room
  • 4-minute walk to Terrace Avenue Park

About This Home

As of February 2022

1 bed/1 bath + study (or small bedroom). This 1st floor unit has fantastic natural light with bay windows in the front and a beautiful westerly view from the kitchen. With the extra space this apt is perfect for work-from-home or possibly use the extra room as a small bedroom. The kitchen features granite counters and stainless steel appliances. Large updated bathroom. Shared backyard for entertaining (access the yard from left side of property). Clean and well maintained shared laundry in basement. Plenty of on-street parking available.

Last Agent to Rent the Property

Ian Cramsey

HOWARD HANNA RAND REALTY License #1757359 Listed on: 01/16/2022

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,053

Year Built

  • 1900

Lot Details

  • 2,483

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Gas Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17803

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,053

Year Built

1900

Lot Details

0

Rental Info

  • Rental Date: 02/16/2022
  • Credit Check Required: Y
  • Rental Amount: 1700

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Residential Rental
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 17803
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1900

Interior Features

  • Appliances Included: Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 1
  • Level 1 Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1

Utilities

  • Heating/Cooling: A/C Window

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Shared Backyard

Lot Info

  • Geo Address Line: 87 Terrace Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Kwock Calvin and Kwock Kaity Wong
Bought by
Schelske Quinn
Current Estimated Value
$917,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,041
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2017
Sold by
87 Terrace Llc
Bought by
Kwock Calvin and Kaity Kwock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.91%

Purchase Details

Closed on
Jan 10, 2017
Sold by
Gallardo Raquel and Gallardo Jorge R
Bought by
87 Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Rios Patricio and Rios Maribel
Bought by
Gallardo Jorge R and Gallardo Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.47%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 10, 1999
Sold by
Munjapara Jayantilal G and Munjapara Kanchaben J
Bought by
Rios Patricio E and Rios Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,019
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1995
Sold by
Jasinski Bogdan and Jasinski Danuta
Bought by
Munjapara Jayantilal G and Munjapara Kanchanben J
Source: Public Records

Range of Values:

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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
Schelske Quinn $605,000 All Ahead Title Agency Llc
Kwock Calvin $490,000 --
87 Terrace Llc $310,000 None Available
Gallardo Jorge R $440,000 First American Title Ins Co
Rios Patricio E $120,000 --
Munjapara Jayantilal G $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schelske Quinn $594,041
Previous Owner Kwock Calvin $367,500
Previous Owner Kwock Calvin --
Previous Owner 87 Terrace Llc $279,000
Previous Owner Gallardo Jorge R $88,000
Previous Owner Gallardo Jorge R $352,000
Previous Owner Rios Patricio E $119,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Rented $1,700 0.0% --
02/02/2022 02/02/22 Price Changed $1,700 -5.6% --
01/16/2022 01/16/22 For Rent $1,800 -- --
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 $11,053 $495,000 $190,000 $305,000
2024 $11,123 $495,000 $190,000 $305,000
2023 $11,123 $495,000 $190,000 $305,000
2022 $10,484 $495,000 $190,000 $305,000
2021 $7,940 $495,000 $190,000 $305,000
2020 $7,970 $495,000 $190,000 $305,000
2019 $7,623 $495,000 $190,000 $305,000
2018 $1,339 $495,000 $190,000 $305,000
2017 $7,020 $90,000 $20,000 $70,000
2016 $6,931 $90,000 $20,000 $70,000
2015 $6,734 $90,000 $20,000 $70,000
2014 $6,691 $90,000 $20,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Ian Cramsey

    Landlord's Agent in 2022

    Ian Cramsey

    HOWARD HANNA RAND REALTY

    (917) 312-1022

    5 in this area

    23 Total Sales

    Ian Cramsey
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Map

Source: Hudson County MLS

MLS Number: 220000917

Hudson County MLS

APN: 06-02501-0000-00028

New Jersey Hudson County Jersey City 07307 The Heights

87 Terrace Ave Unit 1, Jersey City, NJ

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.

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