NOT LISTED FOR SALE

489 Mercer St Unit 2 Jersey City, NJ 07306

Downtown Jersey City Neighborhood

Estimated Value: $1,181,000 - $1,287,000

4 Beds
3 Baths
2,943 Sq Ft
$427/Sq Ft Est. Value

About This Home

This home is located at 489 Mercer St Unit 2, Jersey City, NJ 07306 and is currently estimated at $1,257,785, approximately $427 per square foot. 489 Mercer St Unit 2 is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, Lincoln High School, and Liberty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Mussini Nicola and Mussini Noemi Gonzalo-Bilbao
Bought by
Yoon Yeon H
Current Estimated Value
$1,257,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Outstanding Balance
$890,785
Interest Rate
5.51%
Estimated Equity
$385,329

Purchase Details

Closed on
Nov 17, 2017
Sold by
489 Mercer Llc
Bought by
Mussini Nicola and Fernandez Noemi Gonzalo Bilbao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2016
Sold by
Cabell Donna L and Cabell Donna L
Bought by
489 Mercel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2014
Sold by
Kassin Cindy Lee
Bought by
Cabell Donna L
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
Yoon Yeon H -- --
Mussini Nicola $937,000 None Available
489 Mercel Llc $265,000 Old Republic Natl Title Ins
Cabell Donna L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Yeon H $928,000
Previous Owner Mussini Nicola $749,600
Previous Owner 489 Mercer Llc $422,000
Previous Owner 489 Mercel Llc $422,000
Previous Owner Cabell Donna $22,450
Previous Owner Cabell Donna $6,930
Previous Owner Cabell Donna $6,000
Source: Public Records

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 $20,153 $902,500 $234,800 $667,700
2024 $19,156 $902,500 $234,800 $667,700
2023 $19,156 $852,500 $0 $0
2022 $18,056 $852,500 $0 $0
2021 $13,674 $852,500 $0 $0
2020 $13,725 $852,500 $0 $0
2019 $13,129 $902,500 $234,800 $667,700
2018 $2,306 $534,800 $234,800 $300,000
2017 $7,402 $94,900 $9,500 $85,400
2016 $7,308 $94,900 $9,500 $85,400
2015 $6,850 $94,900 $9,500 $85,400
2014 $6,805 $94,900 $9,500 $85,400
Source: Public Records

Map

New Jersey Hudson County Jersey City 07306 Downtown Jersey City

489 Mercer St Unit 2, Jersey City, NJ

This home is located at 489 Mercer St Unit 2, Jersey City, NJ 07306 and is currently estimated at $1,257,785, approximately $427 per square foot. 489 Mercer St Unit 2 is a home located in Hudson County with nearby schools including Martin Luther King Jr. School - P.S. 11, Lincoln High School, and Liberty 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.

Nearby Homes