Welcome to 118 Mercer St, a stunning 3-family brownstone perfectly situated in the heart of Downtown Jersey City, ideal for both investors and owner-occupants alike. The spacious first-floor duplex offers 2 bedrooms, 1 bath, and a private entrance leading to a serene backyard patio, perfect for entertaining or quiet relaxation. The second and third-floor units mirror each other with 1 bedroom and 1 bath, while the top floor features an additional den, providing flexibility for a home office or guest space. This property showcases high ceilings, hardwood floors, exposed brick, LED lighting, oversized bay windows, and beautiful molding throughout, blending classic charm with modern comfort. Whether you’re looking to generate strong rental income or enjoy the benefits of living in one unit while renting the others, this home offers exceptional versatility. Located just blocks from PATH, Light Rail, and NYC buses, and moments from the vibrant dining, shopping, and cultural scene of Downtown Jersey City, this property delivers the perfect combination of lifestyle, location, and investment opportunity.
Sold for $1,835,000
$1,835,000
118 Mercer St, Jersey City, NJ 07302
5beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$1,893,600 Zestimate®
$--/sqft
$4,155 Estimated rent
Home value
$1,893,600
$1.69M - $2.12M
$4,155/mo
Zestimate® history
Owner options
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$4,155/mo
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$4,155/mo
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$10,250/mo
Est. payment
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$10,250/mo
Est. payment
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List your homeWhat's special
Serene backyard patioHigh ceilingsExposed brickHardwood floorsOversized bay windowsBeautiful moldingPrivate entrance
Zillow last checked:
Listing updated:
Listed by:
PATRICK C SOUTHERN 201-762-4303,
SERHANT NEW JERSEY LLC 973-315-5959
Bought with:
, 0568314
COMPASS NEW JERSEY, LLC
Source: HCMLS,MLS#: 250021956
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Radiators
Cooling
- Window Unit(s)
Features
- Basement: Finished,Full
Property
Parking
- Parking features: None
Details
- Parcel number: 0612802000000028
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Row House
Materials
- Brick, Stone
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $1,398,800
- Annual tax amount: $31,235
- Date on market: 1/14/2026
- Inclusions: All major appliances as installed.
- Exclusions: All personal property.
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Sold | $1,835,000+2.2% |
Source: HCMLS #250021956 Report a problem | ||
| 10/23/2025 | Listed for sale | $1,795,000+25.5% |
Source: HCMLS #250021956 Report a problem | ||
| 6/4/2015 | Sold | $1,430,000-3.1% |
Source: HCMLS #150002863 Report a problem | ||
| 3/12/2015 | Listed for sale | $1,475,000 |
Source: Boyne Realty Inc #150002863 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,235 | $1,398,800 |
| 2024 | $31,235 -0.6% | $1,398,800 |
| 2023 | $31,431 +40.1% | $1,398,800 |
| 2022 | $22,437 | $1,398,800 |
| 2021 | $22,437 +4.2% | $1,398,800 |
| 2020 | $21,542 +3.5% | $1,398,800 |
| 2019 | $20,814 +57% | $1,398,800 |
| 2018 | $13,260 +1.3% | $1,398,800 +722.8% |
| 2017 | $13,092 +2.9% | $170,000 |
| 2016 | $12,719 +0.6% | $170,000 |
| 2015 | $12,638 -0.4% | $170,000 |
| 2014 | $12,692 +6.5% | $170,000 |
| 2012 | $11,914 +1.5% | $170,000 |
| 2011 | $11,735 +15% | $170,000 |
| 2010 | $10,202 +8.1% | $170,000 |
| 2009 | $9,438 | $170,000 |
| 2008 | -- | $170,000 |
| 2007 | -- | $170,000 |
| 2006 | -- | $170,000 |
| 2005 | -- | $170,000 |
| 2004 | -- | $170,000 |
| 2003 | -- | $170,000 |
| 2002 | -- | $170,000 |
| 2001 | -- | $170,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 5/10Frank R. Conwell No. 3 Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Number 4 Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10James J. Ferris High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$1,893,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,893,600
- New Jersey
- Hudson County
- Jersey City
- 07302
- Downtown
- 118 Mercer St
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