Excellent Opportunity to own this UNIQUE STYLE 3 family multi-unit home in the Bergen/Lafayette area of Jersey City. Rent both units and occupy one yourself. High 9ft ceilings on floor 1&2.Home needs minor repairs,however move in ready.
Sold for $943,000
$943,000
71 Summit Ave, Jersey City, NJ 07304
6beds
3baths
3,973sqft
Multi Family
Built in 1890
-- sqft lot
$1,311,500 Zestimate®
$237/sqft
$2,970 Estimated rent
Home value
$1,311,500
$1.18M - $1.47M
$2,970/mo
Zestimate® history
Owner options
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$2,970/mo
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$2,970/mo
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$6,403/mo
Est. payment
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$6,403/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
KELLER WILLIAMS ELITE REALTORS 732-549-1998
Source: All Jersey MLS,MLS#: 2314008R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: Water Heater(From Furnace, See Remarks), Water Heater, Unit 2(Dryer, Range/Oven, Refrigerator, Washer), Unit 3(Dryer, Range/Oven, Refrigerator, Washer)
Features
- Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 3(2 Bedrooms, Kitchen, 1 Bath, See Remarks)
- Basement: Full, Exterior Entry, Storage Space
Interior area
- Total structure area: 3,973
- Total interior livable area: 3,973 sqft
Property
Features
- Stories: 3
Lot
- Size: 6,660 Square Feet
- Features: Corner Lot
Details
- Parcel number: 0617101000000023
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: See Remarks
Condition
- Year built: 1890
Utilities & green energy
- Gas: Oil
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, See Remarks, Natural Gas Connected
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $946,400
- Annual tax amount: $20,045
- Date on market: 5/20/2023
- Ownership: See Remarks
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Listing removed | $1,390,000$350/sqft |
Source: HCMLS #240015909 Report a problem | ||
| 8/13/2024 | Listed for sale | $1,390,000-4.1%$350/sqft |
Source: HCMLS #240015909 Report a problem | ||
| 7/27/2024 | Listing removed | -- |
Source: HCMLS #240006840 Report a problem | ||
| 4/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/12/2024 | Listed for sale | $1,450,000+53.8%$365/sqft |
Source: HCMLS #240006840 Report a problem | ||
| 1/26/2024 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2023 | Sold | $943,000+0.9%$237/sqft |
Source:  All Jersey MLS #2314008R Report a problem | ||
| 9/27/2023 | Contingent | $935,000$235/sqft |
Source: All Jersey MLS #2314008R Report a problem | ||
| 8/16/2023 | Pending sale | $935,000$235/sqft |
Source: All Jersey MLS #2314008R Report a problem | ||
| 6/29/2023 | Contingent | $935,000$235/sqft |
Source: All Jersey MLS #2314008R Report a problem | ||
| 6/27/2023 | Pending sale | $935,000$235/sqft |
Source:  GSMLS #3844937 Report a problem | ||
| 5/20/2023 | Listed for sale | $935,000$235/sqft |
Source: GSMLS #3844937 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,133 | $946,400 |
| 2024 | $21,133 -0.6% | $946,400 |
| 2023 | $21,266 +40.1% | $946,400 |
| 2022 | $15,180 | $946,400 |
| 2021 | $15,180 +4.2% | $946,400 |
| 2020 | $14,575 +3.5% | $946,400 |
| 2019 | $14,082 +102.9% | $946,400 |
| 2018 | $6,942 +1.3% | $946,400 +963.4% |
| 2017 | $6,854 +2.9% | $89,000 |
| 2016 | $6,659 +0.6% | $89,000 |
| 2015 | $6,616 -0.4% | $89,000 |
| 2014 | $6,645 +3.9% | $89,000 |
| 2013 | $6,394 +2.5% | $89,000 |
| 2012 | $6,237 +1.5% | $89,000 |
| 2011 | $6,144 +15% | $89,000 |
| 2010 | $5,341 +8.1% | $89,000 |
| 2009 | $4,941 | $89,000 |
| 2008 | -- | $89,000 |
| 2007 | -- | $89,000 |
| 2006 | -- | $89,000 |
| 2005 | -- | $89,000 |
| 2004 | -- | $89,000 |
| 2003 | -- | $89,000 |
| 2002 | -- | $89,000 |
| 2001 | -- | $89,000 |
Find assessor info on the county website
Neighborhood: McGinley Square
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Nearby schools
GreatSchools rating
- 1/10Julia A. Barnes No. 12 Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Joseph H. Brensinger No. 17 Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Lincoln High SchoolGrades: 9-12Distance: 0.1 mi
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Estimated market value
$1,311,500
Get a cash offer in 3 minutes
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Estimated market value
$1,311,500
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