701 Summit Ave, Jersey City
Condominium · 3 units · built c. 1900 · Block 5501, Lot 22.
Building permits
- Alteration, issued May 14, 2021, described as “Interior demo of property (plans pending) total cost of construction: $148,300”
- Alteration, issued Apr 5, 2005, described as “1 steam boiler 1 backflow preventer 1 switch”
Property taxes
- Assessment
- $1,270,300
- Assessed land
- $216,300
- Assessed improvements
- $1,118,800
- Exemptions and abatements
- $64,800
- Condo units with their own tax lots
- 3
Zoning
R-1 (Neighborhood Housing).
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Apr 16, 2024: $512,500, Unit 0001, 842 sq ft, sold with other lots
- Oct 19, 2023: $490,000, Unit 0002, 3,075 sq ft, sold with other lots
- Oct 18, 2023: $540,000, Unit 0003, 3,075 sq ft, sold with other lots
- Feb 21, 2020: $550,000, 3,075 sq ft, sold with other lots
Open-market sales since mid-2019, from the state’s SR1A sales file.