Sold for $850,000

$850,000

206 Sherman Ave, Jersey City, NJ 07307

4beds

--sqft

Multi Family

Built in ----

-- sqft lot

$1,233,000 Zestimate^®

$--/sqft

$3,022 Estimated rent

Home value

$1,233,000

$1.10M - $1.39M

$3,022/mo

Zestimate^® history

Owner options

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$3,022/mo

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$3,022/mo

Rent Zestimate^®

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$5,774/mo

Est. payment

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$5,774/mo

Est. payment

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What's special

Nj transit busWell - maintained propertyExterior officeWashington parkFormal dining room

Investor's dream on sought-after Sherman Ave in Jersey City Heights! Detached two-family home offered AS-IS, sits on a 25 X 100 lot. Beautiful original detail throughout, medallions, crown molding, built-in cabinetry and more. This property offers an opportunity for homeownership and investment. Unit 1 is a two-bedroom, 1 bath, large Livingroom, formal dining room with access to the backyard. Unit 2 features two bedrooms, 1 bath, Livingroom, formal dining room plus exterior office. The large unfinished basement is high and dry. Lovely, landscaped backyard. This well-maintained property needs total renovation and is being offered AS-IS. Renovate and move in, transform into a rental investment property or condo conversion. Instant access to NYC, NJ Transit Bus, Congress St Light Rail elevator to Hoboken Path, shops, farmers market, Washington Park, Riverview Fisk Park and great new restaurants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Natural Gas, Radiators

Cooling

Features

Basement: Unfinished

Property

Parking

Parking features: None

Details

Parcel number: 0602301000000014

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Shingle Siding

Community & HOA

Location

Region: Jersey City

Financial & listing details

Tax assessed value: $484,600
Annual tax amount: $10,888
Date on market: 7/3/2024

Price history

Date	Event	Price
7/2/2024	Sold	$850,000+18.1%
Source: HCMLS #240007649 Report a problem
4/24/2024	Listed for sale	$720,000
Source: HCMLS #240007649 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,821	$484,600
2024	$10,821 -0.6%	$484,600
2023	$10,889 +40.1%	$484,600
2022	$7,773	$484,600
2021	$7,773 +4.2%	$484,600
2020	$7,463 +7.2%	$484,600
2019	$6,961 -26.8%	$484,600
2018	$9,508 +1.3%	$484,600 +287.4%
2017	$9,384 +3%	$125,100
2016	$9,110 +0.7%	$125,100
2015	$9,050 -0.4%	$125,100
2014	$9,090 +4%	$125,100
2013	$8,737 +2.6%	$125,100
2012	$8,517 +1.6%	$125,100
2011	$8,386 +15.5%	$125,100
2010	$7,257 +8.4%	$125,100
2009	$6,696	$125,100
2008	--	$125,100
2007	--	$125,100
2006	--	$125,100
2005	--	$125,100
2004	--	$125,100
2003	--	$125,100
2002	--	$125,100
2001	--	$125,100