# 56 Reservoir Ave, Jersey City

Condominium · 3 units · built c. 1900 · Block 5007, Lot 21.

On Umarelli: https://umarelli.org/jersey-city/5007/21/56-reservoir-ave

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

Every lot on block 5007: https://umarelli.org/jersey-city/5007.md

## Building permits

- Alteration — Multi-Family, issued Feb 28, 2022, estimated cost $93K
- Alteration — Multi-Family, issued Nov 15, 2021, estimated cost $4K
- Alteration — Residential, issued Jun 25, 2021, estimated cost $1K
- Alteration, issued Nov 22, 2005, described as “1 alarm system”
- Alteration, issued Oct 18, 2005, described as “Electrical and plumbing work”

## Property taxes

- Assessment: $1,621,000
- Assessed land: $250,100
- Assessed improvements: $1,433,000
- Exemptions and abatements: $62,100
- Condo units with their own tax lots: 3

## Zoning

R-1 (Neighborhood Housing).

## Recent sales

- Oct 13, 2023: $642,500, Unit 0001, 1,060 sq ft, sold with other lots
- Aug 17, 2023: $700,000, Unit 0003, 3,255 sq ft, sold with other lots
- Aug 17, 2023: $650,000, Unit 0002, 3,255 sq ft, sold with other lots
- Sep 15, 2021: $820,000, 3,255 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