Seller's Agent in 2020
Christopher Amberg
Weichert Corporate
(917) 428-8317
4 in this area
58 Total Sales
50 Mercer St Jersey City, NJ 07302
Downtown Jersey City NeighborhoodEstimated Value: $1,590,000 - $2,350,000
6
Beds
4
Baths
600
Sq Ft
$3,270/Sq Ft
Est. Value
Highlights
- Living Room
- 3-minute walk to Grove Street
- 3-minute walk to Van Vorst Park
- Dr Ronald McNair High School Rated A+
- Heating System Uses Steam
About This Home
As of October 2020Stately, well maintained, 4-family house on one of the most desired and picturesque blocks in the heart of Downtown Jersey City. This property sits on a 25 x 100 lot offering spacious units with hardwood floors, high ceilings, beautiful original details, and large backyard. Conveniently located between Van Vorst Park and the Grove Street PATH station, this multi-unit home is the perfect investment - or gracious home with the added bonus of additional income. Located just steps away from shopping, restaurants, schools and parks and PATH. Attention investors: tenants in place with excellent rent roll!
Last Agent to Sell the Property
WEICHERT REALTORS License #0683896 Listed on: 08/13/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,410
Lot Details
- Lot Dimensions are 25 x 100
Home Design
- Brick Exterior Construction
Interior Spaces
- Living Room
- Crawl Space
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
Listing and Financial Details
- Exclusions: Tenant's personal possessions.
- Legal Lot and Block 32 / 12906
- Assessor Parcel Number 2035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Oct 23, 2020
Sold by
Choi Simon and Choi Raymond
Bought by
Chan Shu L
Seller's Agent
Christopher Amberg
WEICHERT REALTORS
Buyer's Agent
Saquib Rahim
COLDWELL BANKER REALTY
List Price
$1,749,000
Sold Price
$1,575,000
Premium/Discount to List
-$174,000
-9.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,809
Avg. Annual Appreciation
4.65%
Purchase Details
Closed on
Mar 2, 2018
Sold by
Polanco Anna and Lopez Ana Antonia
Bought by
Choi Simon and Ellickai Nirmal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 1984
Bought by
Polanco Ana
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chan Shu L | $1,575,000 | Title Authority Llc | |
| Choi Simon | $1,650,000 | All Jersey Title Llc | |
| Polanco Ana | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Choi Simon | $1,237,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $1,575,000 | -9.9% | $2,625 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $1,749,000 | 0.0% | $2,915 / Sq Ft |
| 05/08/2019 05/08/19 | For Rent | $1,550 | 0.0% | -- |
| 03/16/2019 03/16/19 | Rented | $1,550 | -- | -- |
Source: Hudson County MLS
Tax History Compared to Growth
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 | $36,845 | $1,650,000 | $855,000 | $795,000 |
| 2024 | $37,076 | $1,650,000 | $855,000 | $795,000 |
| 2023 | $37,076 | $1,650,000 | $855,000 | $795,000 |
| 2022 | $34,947 | $1,650,000 | $855,000 | $795,000 |
| 2021 | $26,466 | $1,650,000 | $855,000 | $795,000 |
| 2020 | $26,565 | $1,650,000 | $855,000 | $795,000 |
| 2019 | $26,465 | $1,718,500 | $855,000 | $863,500 |
| 2018 | $2,753 | $1,817,800 | $855,000 | $962,800 |
| 2017 | $14,430 | $185,000 | $25,000 | $160,000 |
| 2016 | $14,247 | $185,000 | $25,000 | $160,000 |
| 2015 | $13,842 | $185,000 | $25,000 | $160,000 |
| 2014 | $13,753 | $185,000 | $25,000 | $160,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Amberg
-
Saquib Rahim
Buyer's Agent in 2020
Saquib Rahim
COLDWELL BANKER REALTY
(732) 692-0989
15 in this area
69 Total Sales
-
Werner Bargsten
Seller's Agent in 2019
Werner Bargsten
WARREN G CURTIN REALTY INC
(201) 233-0698
4 in this area
8 Total Sales
Map
Source: Hudson County MLS
MLS Number: 202017178
APN: 06-12906-0000-00032
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