# 988 Summit Ave, Jersey City

Condominium · 2 units · built 2024 · Block 2802, Lot 4.

On Umarelli: https://umarelli.org/jersey-city/2802/4/988-summit-ave

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

Every lot on block 2802: https://umarelli.org/jersey-city/2802.md

## Building permits

- Alteration, issued Sep 7, 2023, estimated cost $39K, 2 units in all, 3 stories, described as “New Two Unit Condo 1 & 2 (Cost Of Construction ($370,000.00)”
- Demolition — Residential, issued May 19, 2023, estimated cost $20K
- Alteration — Residential, issued Apr 19, 2022, estimated cost $11K
- Alteration, issued Dec 4, 2007, described as “Demo & playwood 2x4 side wall”
- Alteration, issued Mar 2, 2006, described as “Chimney liner 1 switch 1 backflow 1 steam boiler”
- Alteration, issued Nov 8, 2001, described as “Water Heater”

## Property taxes

- Assessment: $1,180,100
- Assessed land: $540,900
- Assessed improvements: $913,100
- Exemptions and abatements: $273,900
- Condo units with their own tax lots: 2

## Zoning

RC-1 (Residential Commercial District 1).

## Recent sales

- Jan 22, 2025: $760,000, Unit 0002, 1,446 sq ft ($526 per sq ft)
- Oct 7, 2024: $849,000, 2,511 sq ft ($338 per sq ft)
- Oct 24, 2022: $600,000, 1,894 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