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73 Terrace Ave, Jersey City, NJ, 07307

5beds
3baths
--sqft
$585,000
--price/sqft
$4,302/moest. monthly cost
$172,080/yrincome needed

About This Home

Welcome to this single family home located on the Western Slope of the popular Jersey City Heights neighborhood. This home boasts 5 bedroom spaces and 3 full bathrooms, one for each floor of the home. The first floor of the home offers a spacious layout with the living room, kitchen, full bathroom and 1 bedroom. The second floor offers two large bedrooms, one of which includes a private bathroom. The ground floor has two large living spaces that are perfect for additional bedrooms or out of town visitors. Walking distance to buses, retail, dining options, parks, and surrounded by new development. Make this opportunity your new home today! Property being sold as-is.

Getting Around

78
WalkingVery Walkable
51
TransitGood Transit
34
BikeSomewhat Bikeable

Construction

Materials

  • Construction materials: Shingle Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer/Dryer,Gas Oven

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Wall/Window Unit(s),Gas

Property

Details

  • Parcel number: 0602501000000035

Lot

  • Lot size dimensions: 22 x 50 x 15 x 50

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,958$35,496
Home Insurance *$123$1,476
Property Taxes $1,028$12,336
Electricity $193$2,318
Total$4,302$51,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,497/yr
40% on housing$129,060/yr
45% on housing$114,720/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07307$512
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07307$590
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-24Listed for sale$585,000
2025-10-29Listing removed$2,900
2025-08-05Listed for rent$2,900
2024-09-13Listing removed$2,700
2024-07-09Listed for rent$2,700
2024-07-01Listing removed--
2024-06-20Listed for rent$3,500
2024-03-05Listing removed--
2024-02-01Listed for sale$567,000
2021-08-02Listing removed--
2021-06-08Listed for sale$550,000
2021-01-06Listing removed--
2020-10-30Listed for sale$540,000
2015-11-21Listing removed$259,900
2015-10-24Listed for sale$259,900
2015-07-10Listing removed--
2015-06-15Listed for sale--
2015-05-12Listing removed$250,000
2015-05-07Price change$250,000
2015-04-14Listed for sale--
2004-05-04Sold$237,000
1997-10-30Sold$100,000

For Sale by Agent

AgentJAMES OLIVER
BrokerageEXP REALTY LLC

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