NOT LISTED FOR SALE

340 Mercer Loop Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $1,295,000 - $1,624,339

7 Beds
5 Baths
-- Sq Ft
1,699 Sq Ft Lot

Last Sold August 30, 2016

Last sale price $840,000

Est. 70% increase in value since last sale

Current estimated payment $8,845/month

35 Days on Market

Highlights

  • Brownstone
  • 2 Car Attached Garage
  • Dining Room
  • Dr Ronald McNair High School Rated A+
  • Living Room

About This Home

As of August 2016

Beautiful Fully renovated 2 Family house. 7 Bedrooms, 5 Full Bathrooms, 2 car Garage. This house is conveniently located mins away from the GROVE STREET Path train. Super quite and peaceful block and community. MUST SEE! Move in ready! Come see for yourself. More pictures to come!

Last Agent to Sell the Property

LINDEN MOE

AMERICAS ELITE GROUP LLC License #0676268 Listed on: 05/20/2016

Co-Listed By

Susie Wong

RUIZ REALTY LLC License #1327275

Last Buyer's Agent

Donald Johnston

KELLER WILLIAMS SUBURBAN REALTY License #1538615

KELLER WILLIAMS SUBURBAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,255

Lot Details

  • 1,699

Parking

  • 2 Car Attached Garage

Home Design

  • Brownstone
  • Rowhouse Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Legal Lot and Block 00023 / 12504
  • Assessor Parcel Number 44020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,255

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Brownstone, Row House, Split Level, Multi-Level
  • Inclusions: All appliances. Entire house can be Vacant at closing. 2 Car Garage Parking
  • Section: Downtown
  • Assessor Parcel Number: 44020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Total Bedrooms: 7
  • Basement: Finished, Full, Walk-Out
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Bedrooms: 1
  • Basement Dining Rooms: 1
  • Basement Full Bathrooms: 1
  • Basement Kitchens: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: 2 Cars, Attached, Covered, Garage

Utilities

  • Heating/Cooling: Hot Air, A/C Wall

Lot Info

  • Geo Address Line: 340 Mercer Loop
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 09/01/2016
  • Geo Zoom Level: 16
  • Lot: 00023
  • Lot Size: 16.89X100IR

Tax Info

  • Year: 2015
  • Taxes: 12255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 18, 2016
Sold by
Lai Crystal and Lai Yvonne
Bought by
Jamil Imran and Chaudhry Imrana
Seller's Agent
LINDEN MOE
AMERICAS ELITE GROUP LLC
Buyer's Agent
Donald Johnston
KELLER WILLIAMS SUBURBAN REALTY
List Price
$849,900
Sold Price
$840,000
Premium/Discount to List
-$9,900
-1.16%
Current Estimated Value
$1,426,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,085
Avg. Annual Appreciation
5.03%
Original Mortgage
$811,965
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2011
Sold by
Lai Connie T Y and Lai Kwok
Bought by
Lai Crystal and Lai Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2007
Sold by
Tao Ting Wa
Bought by
Lai Connie T Y
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
Jamil Imran $840,000 Multiple
Lai Crystal -- --
Lai Connie T Y $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamil Imran $659,600
Closed Jamil Imran $811,965
Previous Owner Lai Crystal $308,800
Previous Owner Lai Crystal $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $840,000 -1.2% --
06/24/2016 06/24/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $849,900 -- --
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 $15,767 $706,100 $216,600 $489,500
2024 $15,866 $706,100 $216,600 $489,500
2023 $15,866 $706,100 $216,600 $489,500
2022 $14,955 $706,100 $216,600 $489,500
2021 $11,326 $706,100 $216,600 $489,500
2020 $11,368 $706,100 $216,600 $489,500
2019 $10,874 $706,100 $216,600 $489,500
2018 $2,437 $706,100 $216,600 $489,500
2017 $12,776 $163,800 $14,900 $148,900
2016 $12,614 $163,800 $14,900 $148,900
2015 $12,256 $163,800 $14,900 $148,900
2014 $12,177 $163,800 $14,900 $148,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    LINDEN MOE

    AMERICAS ELITE GROUP LLC

  • S

    Seller Co-Listing Agent in 2016

    Susie Wong

    RUIZ REALTY LLC

    (347) 809-1380

    5 Total Sales

    Susie Wong
    Section Image

  • D

    Buyer's Agent in 2016

    Donald Johnston

    KELLER WILLIAMS SUBURBAN REALTY

    Section Image
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Map

Source: Hudson County MLS

MLS Number: 160007541

Hudson County MLS

APN: 06-12504-0000-00023

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

340 Mercer Loop, Jersey City, NJ

This home is located at 340 Mercer Loop, Jersey City, NJ 07302 since 20 May 2016 and is currently estimated at $1,426,085. 340 Mercer Loop is a home located in Hudson County with nearby schools including Frank R. Conwell Middle School - M.S. 4, James J. Ferris High School, and Lincoln 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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