# 122 New York Ave, Jersey City

Condominium · 9 units · built 2022 · Block 4504, Lot 1.

On Umarelli: https://umarelli.org/jersey-city/4504/1/122-new-york-ave

More construction in Waverly: https://umarelli.org/jersey-city/heights/waverly.md

## Building permits

- New construction, issued Sep 28, 2020, 9 units, 4 stories, described as “Foundation only for 9 dwelling units new 4 story issued in compliance with njca 5:23-2.16(g)”
- Alteration — Multi-Family, issued Apr 16, 2021, estimated cost $130K

## Property taxes

- Assessment: $6,197,800
- 2021 tax: $18,847
- Assessed land: $1,125,400
- Assessed improvements: $5,629,000
- Exemptions and abatements: $556,600
- Condo units with their own tax lots: 9

## Zoning

325 Palisade Avenue Redevelopment Plan.

## Recent sales

- May 2, 2025: $985,500, Unit 0201, 1,500 sq ft ($657 per sq ft)
- Dec 10, 2024: $960,000, Unit 0302, 1,545 sq ft ($621 per sq ft)
- Jul 22, 2024: $999,000, Unit 0402, 1,545 sq ft ($647 per sq ft)
- Mar 22, 2024: $1,050,000, Unit 0501, 1,500 sq ft ($700 per sq ft)
- Jun 16, 2023: $960,000, Unit 0401, 1,500 sq ft, sold with other lots
- Jan 30, 2023: $440,000, Unit 0202, 605 sq ft, sold with other lots
- Oct 14, 2022: $630,000, Unit 0203, 648 sq ft, sold with other lots
- Oct 14, 2022: $1,035,000, Unit 0203, 1,500 sq ft, sold with other lots
- Oct 12, 2022: $1,130,000, Unit 0502, 1,545 sq ft, sold with other lots
- Jun 18, 2019: $1,787,500, 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