NOT LISTED FOR SALE

349 Mercer Loop Unit GF Jersey City, NJ 07302

Downtown Jersey City Neighborhood

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

2 Beds
1.5 Baths
1,000 Sq Ft
$1,268/Sq Ft Est. Value

Highlights

  • Property is near public transit
  • Living Room
  • Baseboard Heating
  • Liberty High School Rated A-
  • Central Air
  • Washer and Dryer

About This Home

As of August 2023

NEWLY RENOVATED CLEAN MOVE IN READY GROUND FLOOR APARTMENT. LIVING ROOM, KITCHEN, TWO 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. 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: 05/31/2023

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

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Gas Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Location

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

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

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: 09/01/2023
  • Credit Check Required: Y
  • Rental Amount: 2100
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Multi Family
  • Apartment Number: G
  • Inclusions: SS appliances, refrigerator, washer dryer
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Schools, Near Path
  • Section: Downtown
  • Assessor Parcel Number: 44080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1991

Interior Features

  • Floor Number: G
  • Appliances Included: Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 1000
  • Price Per Sq Ft: 2.1

Utilities

  • Heating/Cooling: A/C Central, Baseboard, Gas, Hot Water
  • Ll Water: Y

Lot Info

  • Geo Address Line: 349 Mercer Loop
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/31/2023
  • 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 $2,100 0.0% --
07/07/2023 07/07/23 Rented $2,100 0.0% --
06/17/2023 06/17/23 Price Changed $2,100 0.0% $2 / Sq Ft
06/17/2023 06/17/23 For Rent $2,100 -4.5% --
05/31/2023 05/31/23 For Rent $2,200 -99.9% --
05/01/2021 05/01/21 Rented $1,800,000 +99900.0% --
03/26/2021 03/26/21 For Rent $1,800 -- --
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

  • J

    Seller's Agent in 2023

    Jackie Young

    Modern Realty Group

    (551) 655-1328

    4 Total Sales

    Jackie Young
    Section Image
  • David Ciliento

    Landlord's Agent in 2023

    David Ciliento

    MODERN REALTY GROUP LLC

    (973) 332-6578

    51 Total Sales

    David Ciliento
    Section Image
  • Maria Vargas

    Buyer's Agent in 2023

    Maria Vargas

    Realty One Group Legend, Clifton

    (646) 267-3281

    15 Total Sales

    Maria Vargas
    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: 230008845

Hudson County MLS

APN: 06-12506-0000-00007

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

349 Mercer Loop Unit GF, Jersey City, NJ

This home is located at 349 Mercer Loop Unit GF, Jersey City, NJ 07302 since 31 May 2023 and is currently priced at $1,268,290. This property was built in 1991. 349 Mercer Loop Unit GF 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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