NOT LISTED FOR SALE

349 Mercer Loop Unit 3 Jersey City, NJ 07302

Downtown Jersey City Neighborhood

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

3 Beds
2 Baths
900 Sq Ft
$1,409/Sq Ft Est. Value

Highlights

  • Living Room
  • Dining Room
  • Washer and Dryer
  • Liberty High School Rated A-
  • Cats Allowed

About This Home

As of August 2023

UPDATED CLEAN MOVE IN READY THIRD FLOOR APARTMENT. LIVING ROOM, KITCHEN, THREE BEDROOM, ONE AND HALF BATHS. LOCATED IN THE HEART OF DOWNTOWN YET STILL CLOSE TO JOURNAL SQUARE . MINUTES FROM NJ TURNPIKE, HOLLAND TUNNEL, PATH/GROVE STREET TRAINS, NEWPORT MALL. WASHER DRYER INCLUDED. PETS CONDITIONAL PARKING AVAILABLE AT AN ADDITIONAL COST. COME SEE THIS BEAUTY FOR YOURSELF BEFORE ITS GONE.

Last Agent to Rent the Property

David Ciliento

MODERN REALTY GROUP LLC License #0453228 Listed on: 06/17/2023

Last Renter's Agent

JACQUELINE YOUNG

MODERN REALTY GROUP LLC License #9909609

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

  • 900 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas

Community Details

  • Cats Allowed

Listing and Financial Details

  • Assessor Parcel Number 44080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,681

Year Built

1991

Lot Details

0

Rental Info

  • Rental Date: 08/31/2023
  • Credit Check Required: Y
  • Pets Allowed: C
  • Rental Amount: 2800
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Multi Family
  • Apartment Number: 3
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Section: Downtown
  • Assessor Parcel Number: 44080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1991

Interior Features

  • Floor Number: 3
  • Appliances Included: Dishwasher, 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 3 Bedrooms: 3
  • Level 3 Dining Rooms: 1
  • Level 3 Full Bathrooms: 2
  • Level3 Kitchens: 1
  • Level 3 Living Rooms: 1
  • Estimated Sq Ft: 900
  • Price Per Sq Ft: 3.11

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: Gas
  • Ll Water: Y

Lot Info

  • Geo Address Line: 349 Mercer Loop
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/17/2023
  • 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:

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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
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
08/31/2023 08/31/23 Rented $2,800 0.0% --
07/03/2023 07/03/23 Rented $2,800 0.0% --
06/17/2023 06/17/23 For Rent $2,800 0.0% --
06/17/2023 06/17/23 For Rent $2,800 -- --
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

  • David Ciliento

    Landlord's Agent in 2023

    David Ciliento

    MODERN REALTY GROUP LLC

    (973) 332-6578

    51 Total Sales

    David Ciliento
    Section Image

  • J

    Seller's Agent in 2023

    Jackie Young

    Modern Realty Group

    (551) 655-1328

    4 Total Sales

    Jackie Young
    Section Image
  • JACQUELINE YOUNG

    Tenant's Agent in 2023

    JACQUELINE YOUNG

    MODERN REALTY GROUP LLC

    (204) 600-1002

    1 Total Sale

    JACQUELINE YOUNG
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 230010076

Hudson County MLS

APN: 06-12506-0000-00007

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

349 Mercer Loop Unit 3, Jersey City, NJ

This home is located at 349 Mercer Loop Unit 3, Jersey City, NJ 07302 since 17 June 2023 and is currently priced at $1,268,290. This property was built in 1991. 349 Mercer Loop Unit 3 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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