127 CongressJersey City, NJ 07307

  • Residential income properties
  • 3,705 SF
Off market
$1,060,807 Estimated

Property Details for 127 Congress

Year built
1890
Construction
FRAME
Lot size
0.06 AC
Property size (Sq ft)
3,705 SF
Zone code
R-2
Property type
Residential income properties
Property subtype
Residential income homes
APN
06 01506-0000-00016
APU
601506000000016

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $759,558
    6.5%
    $701,131
    7%
    $651,050
  • Comparable approach

    Method
    Valuation
    Relative Method
    $750,348
    Geo Method
    $750,348
  • Alternative Use

    Use
    Valuation
    Residential
    $701,131
    Hospitality
    $642,232
    Educational
    $534,330
    Medical
    $552,706
    Retail
    $831,179
127 Congress, Jersey City, New Jersey

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.751
Longitude
-74.0465
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $651,700
  • Assessed land value
    $225,000
  • Assessed value
    $876,700
  • Tax year
    2022
  • Tax bill
    $18,569

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