# 147 Terrace Ave, Jersey City

Condominium · 2 units · built 2023 · Block 2502, Lot 39.

On Umarelli: https://umarelli.org/jersey-city/2502/39/147-terrace-ave

More construction in Western Slope: https://umarelli.org/jersey-city/heights/western-slope.md

## Building permits

- New — Residential, issued Aug 23, 2021, estimated cost $371K, 2 units, 3 stories
- Demolition — Residential, issued May 28, 2021, estimated cost $17K
- Alteration, issued Jan 28, 2021, described as “Cap 4' sewer”

## Property taxes

- Assessment: $1,061,600
- 2022 tax: $11,513
- Assessed land: $493,600
- Assessed improvements: $811,500
- Exemptions and abatements: $243,500
- Condo units with their own tax lots: 2

## Zoning

R-1 (Neighborhood Housing).

## Recent sales

- Feb 6, 2023: $799,000, Unit 0001, sold with other lots
- Jan 18, 2023: $775,000, Unit 0002, sold with other lots
- Dec 4, 2020: $325,000, 1,848 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 X, minimal flood hazard.

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