# 121 Prospect St, Jersey City

Two-family · built 2023 · Block 4902, Lot 20.

On Umarelli: https://umarelli.org/jersey-city/4902/20/121-prospect-st

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

## Building permits

- New — Residential, issued Dec 6, 2022, estimated cost $486K, 3 units, 3 stories
- Demolition — Residential, issued Oct 25, 2022, estimated cost $20K
- Alteration — Residential, issued Sep 7, 2022, estimated cost $3K
- Alteration — Residential, issued May 23, 2022, estimated cost $2K
- Alteration, issued Sep 18, 2014, described as “Water main spot repair”
- Alteration, issued May 16, 2001, described as “Hot Water Boiler And Backflow”

## Property taxes

- Assessment: $1,310,000
- 2025 tax: $30,589
- Assessed land: $497,500
- Assessed improvements: $1,160,700
- Exemptions and abatements: $348,200
- Last sale: $1,930,100 in 2023

## Zoning

R-1 (Neighborhood Housing).

## Recent sales

- Nov 28, 2023: $1,930,100, sold with other lots
- Oct 18, 2021: $625,000, 1,906 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