NOT LISTED FOR SALE

18 Mercer St Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $836,000 - $1,680,000

3 Beds
3 Baths
-- Sq Ft
1,263 Sq Ft Lot

Last Sold June 12, 2012

Last sale price $620,000

Est. 85% increase in value since last sale

Current estimated payment $8,417/month

100 Days on Market

Highlights

  • Rowhouse Architecture
  • 2-minute walk to Grove Street
  • 5-minute walk to Van Vorst Park
  • Cornelia F. Bradford School Rated A-
  • Living Room

About This Home

As of June 2012

3-Family home with a prime downtown Van Vorst Park location. Two blocks to the Grove Street PATH station. Federal-style brick row house. Three 1-bedroom units with separate utilities for each apartment. Deep lot with possibility of expansion.

Last Agent to Sell the Property

Brian Henry

BOYNE REALTY License #8339660 Listed on: 01/02/2012

Last Buyer's Agent

MARLENE NEMR

V.I.P. REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,162

Lot Details

  • 1,263

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Living Room
  • Lot Dimensions are 16.67 x 75.28
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 0000R / 00202
  • Assessor Parcel Number 1466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,162

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Row House
  • Inclusions: 3 Gas Stoves, 3 Refrigerators
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 1466
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1150
  • Second Floor Bedrooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1200
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1250
  • Fl1 Rooms: 3
  • Fl2 Rooms: 3
  • Fl3 Rooms: 3

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: Gas

Lot Info

  • Geo Quality: 0.1
  • Geo Update Timestamp: 06/12/2012
  • Geo Zoom Level: 6
  • Lot: 0000R
  • Lot Size: 16.67 X 75.28

Tax Info

  • Taxes: 7162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2015
Sold by
Reddy Rohit and Chand Nina
Bought by
18 Mercer Street Llc
Current Estimated Value
$1,148,483

Purchase Details

Listed on
Jan 2, 2012
Closed on
Jun 12, 2012
Sold by
Wang Jen
Bought by
Reddy Rohit and Chand Nina
Seller's Agent
Brian Henry
BOYNE REALTY
Buyer's Agent
MARLENE NEMR
V.I.P. REALTY LLC
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$465,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Kaiser Mark
Bought by
Wang Jen

Purchase Details

Closed on
Feb 19, 2003
Sold by
18 Mercer Street Llc
Bought by
Kaiser Mark

Purchase Details

Closed on
Aug 10, 2001
Sold by
Kaiser Mark
Bought by
18 Mercer Street Llc

Purchase Details

Closed on
Mar 30, 1998
Sold by
Welcome Pages Inc
Bought by
Kaiser Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1996
Sold by
Serick Corp
Bought by
Welcome Pages Inc

Purchase Details

Closed on
Nov 1, 1993
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Serick Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
18 Mercer Street Llc $446,167 Attorney
Reddy Rohit -- First Ameican Title
Wang Jen $475,000 Lawyers Title Ins
Kaiser Mark -- --
18 Mercer Street Llc -- --
Kaiser Mark $90,000 --
Welcome Pages Inc -- --
Serick Corp $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chand Nina $449,500
Previous Owner Reddy Rohit $465,000
Previous Owner Individual Mark Kaiser $115,000
Previous Owner 18 Mercer Street Llc $0
Previous Owner Kaiser Mark $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $620,000 -4.6% --
04/11/2012 04/11/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $650,000 -- --
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 $26,495 $1,186,500 $644,500 $542,000
2024 $26,661 $1,186,500 $644,500 $542,000
2023 $26,661 $1,186,500 $644,500 $542,000
2022 $25,130 $1,186,500 $644,500 $542,000
2021 $19,031 $1,186,500 $644,500 $542,000
2020 $19,103 $1,186,500 $644,500 $542,000
2019 $18,272 $1,186,500 $644,500 $542,000
2018 $1,521 $1,186,500 $644,500 $542,000
2017 $7,972 $102,200 $5,600 $96,600
2016 $7,870 $102,200 $5,600 $96,600
2015 $7,647 $102,200 $5,600 $96,600
2014 $7,598 $102,200 $5,600 $96,600
Source: Public Records

Agents Affiliated with this Home

  • Brian Henry

    Seller's Agent in 2012

    Brian Henry

    BOYNE REALTY

    (201) 401-1457

    29 in this area

    60 Total Sales

    Brian Henry
    Section Image

  • M

    Buyer's Agent in 2012

    MARLENE NEMR

    V.I.P. REALTY LLC

See All Agents

Map

Source: Hudson County MLS

MLS Number: 120000034

Hudson County MLS

APN: 06-12903-0000-00021

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

18 Mercer St, Jersey City, NJ

This home is located at 18 Mercer St, Jersey City, NJ 07302 since 02 January 2012 and is currently estimated at $1,148,483. 18 Mercer St is a home located in Hudson County with nearby schools including Cornelia F. Bradford School, James J. Ferris High School, and Dr Ronald McNair High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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