NOT LISTED FOR SALE

443 Mercer St Jersey City, NJ 07302

Downtown Jersey City Neighborhood

Estimated Value: $315,000

0.07 Acre
$4,500,000 Price per Acre
4,875 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $525,000

Est. 40% decrease in value since last sale

Current estimated payment $2,015/month

90 Days on Market

Highlights

  • Skyline View
  • 0.07 Acre Lot
  • 5-minute walk to Miralla Triangle
  • Liberty High School Rated A-
  • Additional Land

About This Lot

As of January 2024

Prime vacant residential land lot at 25'x125'. This land presents an incredible opportunity for investors, developers, or homeowners looking to build their own custom residence. It offers enough space for a 2-Family New Construction with with an incredible roof deck and amazing NYC views of the skyline. Discover an unparalleled opportunity in the heart of Jersey City's coveted Journal Square. Positioned strategically, this parcel is in the desirable Journal Square section, offering seamless connectivity to the Light Rail, PATH station, and major highways. A mere 15-minute drive to NYC adds to its allure. Enjoy convenient access to light rail and bus transportation, parks, restaurants and cafes. Property has been confirmed to have no Oil Tank.

Last Agent to Sell the Property

Mohammad Bhutta

Cavestone Realty Inc Brokerage Phone: 917-722-8222 License #10311205938 Listed on: 10/03/2023

Last Buyer's Agent

Mohammad Bhutta

Cavestone Realty Inc Brokerage Phone: 917-722-8222 License #10311205938 Listed on: 10/03/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,460

Lot Details

  • 4,875 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Steep Slope
  • Cleared Lot
  • Additional Land

Property Views

  • Skyline Views

Property Details

Property Type

Land

Est. Annual Taxes

$1,460

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Current Use: Subdivision
  • Development Status: Raw Land
  • Attribution Contact: 917-722-8222
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Skyline
  • View YN: Yes
  • FloodZoneReportYN: 0
  • RoadFrontageLength: 25

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25x125
  • Lot Size Sq Ft: 4875
  • Lot Size Units: Acres
  • Lot Features: Cleared, Additional Land Available, Views, Sloped, Steep Slope
  • Zoning Description: Residential
  • Lots: 1
  • ResoLotSizeUnits: Acres
  • ExtraLandAvailableYN: 1
  • AdjacentLotNumber: 445

Rental Info

  • Available Date: 2024-01-18

Tax Info

  • Tax Annual Amount: 1460

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Jan 5, 2024
Sold by
Real Estate Mogul Group Revocable Trust
Bought by
Yan Juntao
Seller's Agent
Mohammad Bhutta
Cavestone Realty Inc
Buyer's Agent
Mohammad Bhutta
Cavestone Realty Inc
List Price
$650,000
Sold Price
$525,000
Premium/Discount to List
-$125,000
-19.23%
Views
123
Current Estimated Value
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,000
Avg. Annual Appreciation
-24.02%

Purchase Details

Closed on
Aug 13, 2018
Sold by
Real Estate Mogul Greoup Llc
Bought by
Real Estate Mogul Group Revocable Trust and Ijara Community Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,200
Interest Rate
4.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yan Juntao $525,000 Angel Title & Abstract
Yan Juntao $525,000 Angel Title & Abstract
Real Estate Mogul Group Revocable Trust -- Stewart Title Guaranty Co
Real Estate Mogul Group Llc $190,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Real Estate Mogul Group Llc $733,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Sold $525,000 -10.1% --
01/02/2024 01/02/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $584,000 +62.7% --
11/14/2023 11/14/23 Price Changed $359,000 -37.6% --
11/11/2023 11/11/23 Price Changed $575,000 -8.0% --
11/06/2023 11/06/23 Price Changed $625,000 -3.8% --
10/03/2023 10/03/23 For Sale $650,000 -- --
Source: OneKey® 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 $4,220 $189,000 $189,000 --
2024 $4,247 $189,000 $189,000 $0
2023 $4,247 $189,000 $189,000 $0
2022 $4,003 $189,000 $189,000 $0
2021 $3,032 $189,000 $189,000 $0
2020 $3,043 $189,000 $189,000 $0
2019 $2,911 $189,000 $189,000 $0
2018 $237 $189,000 $189,000 $0
2017 $1,240 $15,900 $15,900 $0
2016 $1,224 $15,900 $15,900 $0
2015 $1,190 $15,900 $15,900 $0
2014 $1,182 $15,900 $15,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Mohammad Bhutta

    Seller's Agent in 2024

    Mohammad Bhutta

    Cavestone Realty Inc

    (917) 633-4422

    1 in this area

    8 Total Sales

    Mohammad Bhutta
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Map

Source: OneKey® MLS

MLS Number: KEY3508233

OneKey® MLS

APN: 06-12406-0000-00011

New Jersey Hudson County Jersey City 07302 Downtown Jersey City

443 Mercer St, Jersey City, NJ

Not Listed for Sale

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