$675,000
SOLD MAR 21, 2025

49 Mercer St Unit 53 Paterson, NJ 07524

Riverside Neighborhood
-- Bed
-- Bath
2,194 Sq Ft
4,487 Sq Ft Lot

Recently Sold

$308 Per Sq Ft

13% Above List Price

76 Days on Market

About This Home

As of March 2025

This home is located at 49 Mercer St Unit 53, Paterson, NJ 07524 and is currently priced at $675,000, approximately $307 per square foot. 49 Mercer St Unit 53 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

JOSE PEREZ

HOWARD HANNA RAND REALTY Brokerage Phone: 973-694-6500 Listed on: 12/10/2024

Last Buyer's Agent

MICHAEL PERSONETTE

GROUP TWENTY SIX LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,715

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5328143
  • Attribution Contact: 973-694-6500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Mar 12, 2025
Sold by
Isabel Manuel and Fajardo Maria
Bought by
Panora Julio and Naula Blanca M
Seller's Agent
JOSE PEREZ
HOWARD HANNA RAND REALTY
Buyer's Agent
MICHAEL PERSONETTE
GROUP TWENTY SIX LLC
List Price
$599,000
Sold Price
$675,000
Premium/Discount to List
$76,000
12.69%
Views
37
Current Estimated Value
$627,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,728
Avg. Annual Appreciation
-9.95%
Original Mortgage
$506,250
Outstanding Balance
$503,649
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$123,623

Purchase Details

Closed on
Jan 19, 2018
Sold by
Cruz Hector Rafael and Capella Juan Tomas
Bought by
Isabel Mauel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2017
Sold by
Caliber Home Loans Inc
Bought by
Cruz Hector Rafael and Capellan Juan Tomas

Purchase Details

Closed on
Jan 23, 2017
Sold by
Coba Mario A and Coba Elda
Bought by
Caliber Home Loans Inc

Purchase Details

Closed on
Oct 30, 2008
Sold by
Cobas Maria and Cobas Mario
Bought by
Coba Mario A
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 Type Sale Price Title Company
Deed $675,000 American Land Title
Deed $675,000 American Land Title
Deed $220,000 First American Title Ins Co
Special Warranty Deed $126,000 New Horizon Abstract Inc
Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $506,250 New Conventional
Closed $506,250 New Conventional
Previous Owner $216,015 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $675,000 +12.7% $308 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $599,000 0.0% $273 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $599,000 0.0% $273 / Sq Ft
12/10/2024 12/10/24 For Sale $599,000 -- $273 / Sq Ft
Source: Garden State 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 $10,715 $210,300 $31,200 $179,100
2024 $10,311 $210,300 $31,200 $179,100
2022 $9,762 $210,300 $31,200 $179,100
2021 $9,413 $210,300 $31,200 $179,100
2020 $8,780 $210,300 $31,200 $179,100
2019 $8,508 $205,800 $30,900 $174,900
2018 $7,748 $179,100 $30,900 $148,200
2017 $7,396 $177,800 $30,800 $147,000
2016 $8,040 $185,300 $30,000 $155,300
2015 $7,612 $185,300 $30,000 $155,300
2014 $11,191 $385,900 $165,800 $220,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JOSE PEREZ

    Rand Realty

  • M

    Buyer's Agent in 2025

    MICHAEL PERSONETTE

    GROUP TWENTY SIX LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3937546

Garden State MLS

APN: 08-03006-0000-00019

New Jersey Passaic County Paterson 07524 Riverside

49 Mercer St Unit 53, Paterson, NJ

Sold

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