# 283 Terrace Ave, Jersey City

Condominium · 2 units · built 2023 · Block 601, Lot 22.

On Umarelli: https://umarelli.org/jersey-city/601/22/283-terrace-ave

More construction in Western Slope: https://umarelli.org/jersey-city/heights/western-slope.md

## Building permits

- New — Residential, issued Oct 26, 2021, estimated cost $210K, 2 units, 3 stories
- Alteration, issued May 3, 2021, described as “1 sewer connection and 1 - 1' water service connection”
- Alteration, issued Jun 2, 2020, described as “Demolition of existing house”
- Alteration, issued Nov 18, 2019, described as “Cap sewer”

## Property taxes

- Assessment: $1,067,800
- 2022 tax: $8,387
- Assessed land: $396,000
- Assessed improvements: $945,600
- Exemptions and abatements: $273,800
- Condo units with their own tax lots: 2

## Zoning

R-1 (Neighborhood Housing).

## Recent sales

- Oct 17, 2023: $775,000, Unit 0002, 2,270 sq ft, sold with other lots
- Oct 17, 2023: $775,000, Unit 0001, 2,414 sq ft, sold with other lots
- Sep 19, 2019: $380,000, 1,540 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