NOT LISTED FOR SALE

349 Mercer Loop Unit 2 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $1,194,000 - $1,404,000

3 Beds
2 Baths
1,200 Sq Ft
$1,057/Sq Ft Est. Value

Highlights

  • Property is near a park
  • Wood Flooring
  • Central Air
  • Liberty High School Rated A-
  • Living Room
  • Dining Room

About This Home

As of March 2022

LOCATION! LOCATION! Modern spacious 3 bedrooms 2 full bath apartment in the Center of Jersey City. Hardwood floors throughout, Stainless Steel Appliances, granite counters. Close to everything yet in a semi private community. Pets conditional. Steps away from High School, minutes from Colleges, close to turnpike, tunnel, malls, trains and path train. Definitely a must see! Credit check and Application Required.

Last Agent to Rent the Property

MARK IVANOVIC

MODERN REALTY GROUP LLC License #1642857 Listed on: 10/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,681

Year Built

  • 1991

Lot Details

  • 5,619

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 44080

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,681

Year Built

1991

Lot Details

0

Rental Info

  • Rental Date: 04/01/2022
  • Credit Check Required: Y
  • Pets Allowed: C
  • Rental Amount: 2500
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: 2 Family
  • Apartment Number: 2
  • Building Style: Multi-Level
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Journal Square
  • Assessor Parcel Number: 44080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1991

Interior Features

  • Floor Number: 2
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Total Dining Rooms: 1
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 2 Bedrooms: 3
  • Level 2 Dining Rooms: 1
  • Level 2 Full Bathrooms: 2
  • Level2 Ktichens: 1
  • Level 2 Living Rooms: 1
  • Estimated Sq Ft: 1200
  • Price Per Sq Ft: 2.08

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 1 Car

Utilities

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

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Wash/Dry Room

Lot Info

  • Geo Address Line: 349 Mercer Loop
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 12/08/2021
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
Choudhary Arshad and Choudhary Irshad
Bought by
Chaudhrey Asif R and Zia Anna
Current Estimated Value
$1,268,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,293
Interest Rate
4.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2005
Sold by
Ahmed Riaz and Fareed Salma
Bought by
Choudhry Arshad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2000
Sold by
Bolus Eufrosina O
Bought by
Ahmed Riaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 5, 1999
Sold by
Deladisma Brenda and Bolus Eufrosina O
Bought by
Bolus Eufrosina O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chaudhrey Asif R -- None Available
Choudhry Arshad $650,000 Stewart Title Guaranty Co
Ahmed Riaz $245,000 --
Bolus Eufrosina O $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chaudhry Asif R $877,407
Closed Chaudhry Asif R $906,638
Previous Owner Chaudhrey Asif R $918,293
Previous Owner Choudhry Arshad $390,000
Previous Owner Ahmed Riaz $155,000
Previous Owner Ahmed Riaz $100,000
Previous Owner Ahmed Riaz $196,000
Previous Owner Bolus Eufrosina O $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Rented $2,500,000 +99900.0% --
02/07/2022 02/07/22 Rented $2,500 0.0% --
01/18/2022 01/18/22 For Rent $2,500 0.0% --
10/01/2021 10/01/21 For Rent $2,500 +8.7% --
12/03/2018 12/03/18 Rented $2,300 -8.0% --
10/10/2018 10/10/18 For Rent $2,500 -- --
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 $16,681 $747,000 $271,400 $475,600
2024 $16,785 $747,000 $271,400 $475,600
2023 $16,785 $747,000 $271,400 $475,600
2022 $15,821 $747,000 $271,400 $475,600
2021 $11,982 $747,000 $271,400 $475,600
2020 $12,027 $747,000 $271,400 $475,600
2019 $11,504 $747,000 $271,400 $475,600
2018 $1,786 $747,000 $271,400 $475,600
2017 $9,360 $120,000 $20,500 $99,500
2016 $9,241 $120,000 $20,500 $99,500
2015 $8,921 $191,500 $20,500 $171,000
2014 $14,236 $191,500 $20,500 $171,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jackie Young

    Modern Realty Group

    (551) 655-1328

    4 Total Sales

    Jackie Young
    Section Image

  • M

    Landlord's Agent in 2022

    MARK IVANOVIC

    MODERN REALTY GROUP LLC

  • S

    Buyer's Agent in 2022

    Sarah Mbi

    Keller Williams City Life Realty, Jersey City

  • L

    Seller's Agent in 2018

    Liliana Ortiz Sierra

    CQR Continental Quality Realty

    (201) 344-9547

    Liliana Ortiz Sierra
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 210023409

Hudson County MLS

APN: 06-12506-0000-00007

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

349 Mercer Loop Unit 2, Jersey City, NJ

This home is located at 349 Mercer Loop Unit 2, Jersey City, NJ 07302 since 01 October 2021 and is currently priced at $1,268,290. This property was built in 1991. 349 Mercer Loop Unit 2 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.

Nearby Homes