NOT LISTED FOR SALE

Estimated Value: $2,961,000 - $3,407,580

8 Beds
7.5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold June 14, 2021

Last sale price $2,775,000

Est. 14% increase in value since last sale

Current estimated payment $20,244/month

Highlights

  • Living Room
  • Central Air
  • 4-minute walk to Van Vorst Park
  • Dr Ronald McNair High School Rated A+
  • Dining Room

About This Home

As of June 2021

At over 25’ wide and with over 6,000 s.f. of total living space, the parsonage is truly a one-of-a-kind two-family offering. The main home is a three-level tour-de-force of design and construction, plus ground floor laundry suite. The lower level acts as the perfect 2 bedroom / 2 bathroom in-law suite or as a separate rental unit to provide income. The open concept first floor includes a custom kitchen with designer appliances, enormous living room with built in wet bar, custom walk-in pantry, separate breakfast patio, and rear deck leading to a large and private backyard. The top two floors offer oversized bedrooms, en-suite bathrooms, walk in custom closets and a top floor entertainment room with wet bar. Separate large lower level laundry room with custom built in cabinetry and adjoining storage closet. Dedicated on site storage room per unit. Four sides of new custom wood windows fill the home with abundant natural light and top of the line finishes. Appliances include Fisher Paykel Refrigerators, Bertazzoni Ranges, Bosch Dishwashers, Summit Series Wine refrigerators, and pure White Caesarstone countertops. Engineered 5” wide plank white oak flooring throughout the home, and the lower level of the parsonage consists of Nemo Porcelain Tile with radiant heating. Recessed lighting and stunning light fixtures fill the rooms with lots of brightness. The parsonage is complete with all new custom wood double windows by Marvin. Fit for relaxation and entertaining alike, this townhome boasts spacious floor plans and modern amenities, as well as a tax abatement, all in the heart of downtown Jersey City.

Last Agent to Sell the Property

Jill Biggs

COLDWELL BANKER REALTY License #0568727 Listed on: 02/24/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Diana Sutherlin

COMPASS NEW JERSEY, LLC License #0571933

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,677

Lot Details

  • Lot Dimensions are 30.33 x 100

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • 2 Bedrooms in Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal possessions.
  • Legal Lot and Block 00013 / 12801
  • Assessor Parcel Number 92216

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,677

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Exclusions: All personal possessions.
  • Inclusions: All major appliances and light fixtures as installed.
  • Lead Paint Form: Yes
  • Section: Downtown
  • Assessor Parcel Number: 92216
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Full Baths: 7
  • Total Half Baths: 1
  • Total Bedrooms: 8
  • Total Living Rooms: 2
  • Basement Bedrooms: 2
  • Basement Dining Rooms: 1
  • Basement Full Bathrooms: 2
  • Basement Kitchens: 1
  • Basement Living Rooms: 1
  • Basement Other Rooms: 2
  • Floor 1 Dining Rooms: 1
  • Floor 1 Half Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 2 Full Bathrooms: 3
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 2
  • Floor3 Other: 1

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas

Lot Info

  • Geo Address Line: 162 Mercer St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00013
  • Lot Size: 30.33 x 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jun 2, 2021
Sold by
Carlton Urf Llc
Bought by
Rich Justin David and Udeshi Nehal
Seller's Agent
Jill Biggs
COLDWELL BANKER REALTY
Buyer's Agent
Diana Sutherlin
COMPASS NEW JERSEY, LLC
List Price
$2,990,000
Sold Price
$2,775,000
Premium/Discount to List
-$215,000
-7.19%
Current Estimated Value
$3,156,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,527
Avg. Annual Appreciation
2.98%
Original Mortgage
$1,942,499
Outstanding Balance
$1,758,141
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,398,386

Purchase Details

Closed on
Aug 20, 2020
Sold by
Usm Asset Trust Series 6
Bought by
Usm Asset Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rich Justin David $2,775,000 Stewart Title
Usm Asset Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Justin David $1,942,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $2,775,000 -7.2% --
03/12/2021 03/12/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $2,990,000 -- --
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,677 $1,956,000 $958,500 $1,425,000
2024 $43,951 $1,956,000 $958,500 $1,425,000
2023 $43,951 $1,956,000 $0 $0
2022 $41,428 $1,956,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210004400

Hudson County MLS

APN: 06-12801-0000-00013-02