# 307 Third St, Jersey City

Condominium · 5 units · built 2021 · Block 11106, Lot 6.

On Umarelli: https://umarelli.org/jersey-city/11106/6/307-third-st

More construction in Harsimus Cove: https://umarelli.org/jersey-city/downtown/harsimus-cove.md

## Building permits

- New — Multi-Family, issued Aug 4, 2021, 5 units, 4 stories
- Alteration, issued Jun 17, 2021, 2 stories, described as “2-Story addition for existing 2-story building New sprinkler antifreeze top floor”
- Alteration, issued Mar 9, 2021, described as “Install 4' water and 6' sewer connection”
- Alteration, issued Nov 6, 2020, described as “Installation of elevator package/ equipment”
- Alteration, issued Sep 30, 2020, described as “Low voltage”
- Alteration, issued Aug 3, 2020, described as “Change of contractor”
- Addition — Multi-Family, issued May 28, 2019, estimated cost $780K
- Alteration, issued Apr 7, 2017, described as “SINGLE FAMILY as per plans”
- Alteration, issued Apr 7, 2016, described as “Demolition of all interior finishes”
- Alteration — Residential, issued Dec 24, 2013, estimated cost $5K
- Alteration, issued Jan 29, 2008, described as “10 low voltage plug in burglar alarms”
- Alteration — Multi-Family, issued Jun 19, 2007, estimated cost $3K

## Property taxes

- Assessment: $3,017,300
- 2020 tax: $20,125
- Assessed land: $1,200,000
- Assessed improvements: $2,596,300
- Exemptions and abatements: $779,000
- Condo units with their own tax lots: 5

## Zoning

RC-3 (Residential Commercial District 3).

## Recent sales

- Dec 17, 2021: $490,000, Unit 0001, 751 sq ft, sold with other lots
- Oct 25, 2021: $1,200,000, Unit 0005, 1,351 sq ft, sold with other lots
- Oct 11, 2021: $1,275,000, Unit 0004, 1,356 sq ft, sold with other lots
- Oct 11, 2021: $610,000, Unit 0002, 830 sq ft, sold with other lots
- Apr 23, 2019: $1,560,000, 3,401 sq ft, sold with other lots

Open-market sales since mid-2019, from the state’s SR1A sales file.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 9 ft (NAVD88). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology