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227 Terrace Ave, Jersey City, NJ, 07307

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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227 Terrace Ave, Jersey City$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

ParkingNone
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
ViewNone
MLS #24036741
StatusActive
(ACTIVE)

About 227 Terrace Ave

Your Next Great Investment Opportunity! Just minutes from NYC, it offers unmatched convenience for commuters and urban enthusiasts. Whether you're an investor, developer, or homeowner, this is your chance to bring your dream space to life. With a flexible layout and generous square footage, the possibilities are endless. Create a modern residence or a luxurious single-family home with stunning city views..Ideally located near major transportation, dining, shopping, and parks, it combines urban living with suburban charm. Jersey City Heights boasts a rich culture, a thriving arts scene, and proximity to downtown Jersey City and Manhattan. PATH trains, buses, and highways ensure effortless commuting. Don't miss this rare chance to invest in an extraordinary property just steps from NYC. Act now opportunities like this don't last! Virtually staged images included.

Property Details

Property Features

Property Information:

  • Architectural Style: Rowhouse

Listing Office:

  • Office Name: Keller Williams Realty West Monmouth
  • Office Phone: (732) 604-0373
  • Listing Agent: Gennaro Pagano

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Brick, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $3,675
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jersey City, NJ.

Med. List Price

$749K

Med. Price/SqFt

$495

Avg. Days On Market

71

# of Sold Homes

9

227 Terrace Ave vs Jersey City

1 DAY ON ROCKET

-70 Days

$475,000

-$274K Less

KEY TAKEAWAY

This property is $274K less than the Median List Price in Jersey City, NJ.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #24036741

Listing Office:

  • Office Name: Keller Williams Realty West Monmouth
  • Office Phone: (732) 604-0373
  • Listing Agent: Gennaro Pagano

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 09, 2003Home Sold
$179,000
Jan 06, 2003Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,675$343,600
2019$5,112$343,600
2018$1,414$95,000
2017$7,410$95,000

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-352506
6
/10
  • Nicolaus Copernicus School

  • 3385 John F Kennedy Blvd

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-352507
6
/10
  • Thomas a Edison Elementary School

  • 507 West St

  • 0.71 miles

  • Public District Grades PK-6

school-card-donut-352508
5
/10
  • Charles E. Trefurt Elementary School

  • 96 Franklin St

  • 0.87 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,668. Residents of Jersey City, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 227 Terrace Ave

What is the listing price of this property?

The listing price of 227 Terrace Ave property is $475,000.

What type of property is this?

The property 227 Terrace Ave is a house located in Jersey City, New Jersey, 07307.

Is this property for sale now?

Active Listing: 227 Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,675 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 9, 2003 for $179,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 227 Terrace Ave has 3 bedrooms and 1 full and 1 half bathrooms.

Rocket HomesNew JerseyHudson CountyJersey City07307227 Terrace Ave

This home is located at 227 Terrace Ave in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $475,000.

Between September 2024 and October 2024, Jersey City, NJ real estate market has seen increase in the number of listings by 46.5%. Listings spent 71 days on the market in October 2024, and had a median list price of $749,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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