Sold for $885,000

$885,000

1053 Summit Ave, Jersey City, NJ 07307

7beds

--sqft

MultiFamily

Built in ----

-- sqft lot

$951,900 Zestimate^®

$--/sqft

$2,870 Estimated rent

Home value

$951,900

$857,000 - $1.06M

$2,870/mo

Zestimate^® history

Owner options

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$2,870/mo

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$2,870/mo

Rent Zestimate^®

Refinance and save

$5,964/mo

Est. payment

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$5,964/mo

Est. payment

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What's special

Located in the heart of Jersey City Heights, an investor-friendly 3 Family Home. A great opportunity for a buyer to add value and increase rents. Unit 1 consists of a 2 bed, 1 Bath with Private Yard access. Unit 2 is a 2 Bed, 1 Bath. The Penthouse Unit is a 3 Bed, 1 Bath. Conveniently located between Central Ave & Kennedy Blvd. A quick stroll to the Congress St Light Rail Station.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard

Cooling

Window Unit(s)

Features

Basement: Unfinished

Property

Parking

Parking features: None

Details

Parcel number: 0602103000000012

Construction

Type & style

Home type: MultiFamily
Architectural style: Other

Materials

Aluminum Siding, Brick

Community & HOA

Location

Region: Jersey City

Financial & listing details

Tax assessed value: $364,700
Annual tax amount: $8,143
Date on market: 4/28/2025

Price history

Date	Event	Price
1/14/2025	Sold	$885,000+8.6%
Source: HCMLS #240020980 Report a problem
10/25/2024	Listed for sale	$815,000+56.7%
Source: HCMLS #240020980 Report a problem
12/19/2018	Sold	$520,000+309.4%
Source: Public Record Report a problem
6/7/1995	Sold	$127,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,144	$364,700
2024	$8,144 -0.6%	$364,700
2023	$8,195 +40.1%	$364,700
2022	$5,850	$364,700
2021	$5,850 +4.2%	$364,700
2020	$5,616 +3.5%	$364,700
2019	$5,427 -39.5%	$364,700
2018	$8,970 +1.3%	$364,700 +217.1%
2017	$8,856 +2.9%	$115,000
2016	$8,604 +0.6%	$115,000
2015	$8,549 -0.4%	$115,000
2014	$8,586 +3.9%	$115,000
2013	$8,262 +2.5%	$115,000
2012	$8,059 -2.7%	$115,000 -4.2%
2011	$8,284 +15%	$120,000
2010	$7,201 +8.1%	$120,000
2009	$6,662	$120,000