NOT LISTED FOR SALE

525 Mercer St Bridgewater, NJ 08807

Green Knoll Neighborhood

Estimated Value: $532,000 - $767,000

-- Bed
-- Bath
1,536 Sq Ft
$433/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $641,500 $418 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,974/month

21 Days on Market

About This Home

As of January 2024

This home is located at 525 Mercer St, Bridgewater, NJ 08807 since 27 November 2023 and is currently estimated at $665,188, approximately $433 per square foot. 525 Mercer St is a home located in Somerset County with nearby schools including Crim Primary School, Bridgewater-Raritan Middle School, and Hillside Intermediate School.

Last Agent to Sell the Property

JENNIFER TAMEDL

KELLER WILLIAMS GREATER BRUNSWICK Brokerage Phone: 908-751-7721 Listed on: 11/27/2023

Last Buyer's Agent

OLIVIA L COSTANZO

GROUP TWENTY SIX LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.32 Acre Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5257684
  • Attribution Contact: 908-751-7721
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 140X100
  • Total Acres: 0.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 31, 2024
Sold by
525 Mercer St Llc
Bought by
Alexandre Rhea Clare and Alexandre Emmanuel
Seller's Agent
JENNIFER TAMEDL
KELLER WILLIAMS GREATER BRUNSWICK
Buyer's Agent
OLIVIA L COSTANZO
GROUP TWENTY SIX LLC
List Price
$624,900
Sold Price
$641,500
Premium/Discount to List
$16,600
2.66%
Views
68
Current Estimated Value
$665,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,688
Avg. Annual Appreciation
1.94%
Original Mortgage
$655,292
Outstanding Balance
$636,805
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$28,383

Purchase Details

Listed on
Jul 5, 2023
Closed on
Sep 7, 2023
Sold by
Jewett Deborah
Bought by
525 Mercer St Llc
Seller's Agent
DAVID CASTELLANO
BHHS FOX & ROACH
Buyer's Agent
JENNIFER TAMEDL
KELLER WILLIAMS GREATER BRUNSWICK
List Price
$324,900
Sold Price
$380,000
Premium/Discount to List
$55,100
16.96%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
311.75%
Original Mortgage
$423,900
Interest Rate
6.96%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Alexandre Rhea Clare $641,500 Investment Title
525 Mercer St Llc $380,000 None Listed On Document
525 Mercer St Llc $380,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexandre Rhea Clare $655,292
Previous Owner 525 Mercer St Llc $423,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2024 01/31/24 Sold $641,500 +2.7% $418 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $624,900 +64.4% $407 / Sq Ft
09/19/2023 09/19/23 Sold $380,000 +17.0% $247 / Sq Ft View Prior Sale
07/13/2023 07/13/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $324,900 -- $212 / 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 $5,738 $298,300 $117,700 $180,600
2024 $5,738 $294,100 $117,700 $176,400
2023 $5,417 $272,900 $117,700 $155,200
2022 $5,165 $251,600 $117,700 $133,900
2021 $5,068 $243,900 $117,700 $126,200
2020 $5,072 $242,200 $117,700 $124,500
2019 $5,068 $239,600 $117,700 $121,900
2018 $5,003 $237,100 $117,700 $119,400
2017 $4,836 $229,000 $117,700 $111,300
2016 $4,757 $228,600 $117,700 $110,900
2015 $4,713 $226,600 $117,700 $108,900
2014 $4,520 $214,000 $117,700 $96,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JENNIFER TAMEDL

    KELLER WILLIAMS GREATER BRUNSWICK

  • O

    Buyer's Agent in 2024

    OLIVIA L COSTANZO

    GROUP TWENTY SIX LLC

  • D

    Seller's Agent in 2023

    DAVID CASTELLANO

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3876042

Garden State MLS

APN: 06-00520-0000-00011

New Jersey Somerset County Bridgewater 08807 Green Knoll

525 Mercer St, Bridgewater, NJ

Not Listed for Sale

MultiFamily

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