NOT LISTED FOR SALE

283 Mercer St Unit 2 Phillipsburg, NJ 08865

Estimated Value: $265,000 - $312,000

-- Bed
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 27, 2022

Last sale price $240,000

Est. 21% increase in value since last sale

Current estimated payment $1,834/month

21 Days on Market

About This Home

As of December 2022

This home is located at 283 Mercer St Unit 2, Phillipsburg, NJ 08865 since 27 October 2022 and is currently estimated at $290,019. This property was built in 1900. 283 Mercer St Unit 2 is a home located in Warren County with nearby schools including Phillipsburg High School, Easton Arts Academy Elementary Cs, and Sts. Philip & James School.

Last Agent to Sell the Property

Jennifer Pickett

COMPASS NEW JERSEY LLC Brokerage Phone: 973-315-8180 Listed on: 10/27/2022

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Warren
  • Street Number Display: 283
  • I D: 5187268
  • Modified: 2023-12-28
  • Number Images: 1
  • Attribution Contact: 973-315-8180
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .093 ACRE
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Davis Austin T
Bought by
283 Mercer St Llc
Current Estimated Value
$290,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$205,917
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$84,102

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 8, 2022
Sold by
Miguens-Bernard Daniel
Bought by
Davis Austin T
Seller's Agent
Jennifer Pickett
COMPASS NEW JERSEY LLC
List Price
$190,000
Sold Price
$240,000
Premium/Discount to List
$50,000
26.32%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$180,000
Interest Rate
6.33%

Purchase Details

Closed on
May 30, 2019
Sold by
Flannery Matthew
Bought by
Bernard Daniel Miguens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,828
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2010
Sold by
Bank Of America National Association
Bought by
Flannery Matthew

Purchase Details

Closed on
Nov 9, 2009
Sold by
Oyefesobi Zaccheaus
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 22, 2006
Sold by
Thomas Roselyn
Bought by
Oyefesobi Zaccheaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Kraszewski Paul J
Bought by
Thomas Roselyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 1999
Sold by
Tate Dennis M and Tate Judy A
Bought by
Kraszewski Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,850
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1993
Sold by
Prudential Home Mtg Co
Bought by
Tate Dennis M and Tate Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.87%
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
283 Mercer St Llc -- None Listed On Document
Davis Austin T $240,000 --
Davis Austin T $240,000 None Listed On Document
Bernard Daniel Miguens $125,000 Stewart Title Guaranty Co
Flannery Matthew $65,000 None Available
Bank Of America National Association -- None Available
Oyefesobi Zaccheaus $200,000 None Available
Thomas Roselyn $186,000 Investors Title Agency Inc
Kraszewski Paul J $90,400 --
Tate Dennis M $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 283 Mercer St Llc $210,000
Previous Owner Davis Austin T $180,000
Previous Owner Bernard Daniel Miguens $120,828
Previous Owner Oyefesobi Zaccheaus $40,000
Previous Owner Oyefesobi Zaccheaus $160,000
Previous Owner Thomas Roselyn $176,700
Previous Owner Kraszewski Paul J $89,850
Previous Owner Tate Dennis M $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2022 12/27/22 Sold $240,000 +26.3% --
11/17/2022 11/17/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $190,000 -- --
Source: Garden State 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 $3,600 $79,200 $15,400 $63,800
2024 $3,109 $79,200 $15,400 $63,800
2023 $3,074 $74,100 $15,400 $58,700
2022 $3,074 $74,100 $15,400 $58,700
2021 $2,766 $74,100 $15,400 $58,700
2020 $2,995 $74,100 $15,400 $58,700
2019 $2,743 $68,900 $15,400 $53,500
2018 $2,743 $68,900 $15,400 $53,500
2017 $2,731 $68,900 $15,400 $53,500
2016 $2,688 $68,900 $15,400 $53,500
2015 $2,668 $68,900 $15,400 $53,500
2014 $2,581 $68,900 $15,400 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3814895

Garden State MLS

APN: 19-02011-0000-00018