# 981 Summit Ave, Jersey City

Condominium · 2 units · built 2023 · Block 2703, Lot 20.

On Umarelli: https://umarelli.org/jersey-city/2703/20/981-summit-ave

More construction in Hudson City: https://umarelli.org/jersey-city/heights/hudson-city.md

## Building permits

- New — Residential, issued Jan 10, 2023, estimated cost $175K, 2 units, 3 stories
- Demolition — Multi-Family, issued Oct 27, 2022, estimated cost $20K
- Alteration, issued May 26, 2006, described as “Water heater”

## Property taxes

- Assessment: $1,517,900
- 2022 tax: $8,101
- Assessed land: $667,400
- Assessed improvements: $1,215,100
- Exemptions and abatements: $364,600
- Condo units with their own tax lots: 2

## Zoning

RC-1 (Residential Commercial District 1).

## Recent sales

- Dec 20, 2023: $999,999, Unit 0002, 1,737 sq ft, sold with other lots
- Dec 20, 2023: $1,175,000, Unit 0001, 2,176 sq ft, sold with other lots
- Feb 23, 2022: $600,000, 1,176 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