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Sold for $700,000
    • $700,000

    481 Mercer St, Jersey City, NJ 07306

    5beds
    3baths
    1,972sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $839,800 Zestimate®
    $355/sqft
    $2,760 Estimated rent

    Home value

    $839,800

    $773,000 - $915,000

    $2,760/mo

    Zestimate® history
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    $2,760/mo

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    $2,760/mo

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    $4,734/mo

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    $4,734/mo

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    What's special

    *Excellent Investment Opportunity* in this sprawling 3 Family home in sought after Jersey City! Boasting 3 separate units and levels of finished living, this is a great rental property to add to your portfolio for easy extra income. Unit 1 offers 1 Bedroom, 1 Full Bath, Eat-in-Kitchen and Living room. Units 2 and 3 each offer 2 Bedrooms, 1 Full Bath, Eat-in-Kitchens and Living rooms. Separate entrances, separate utilities, and a private fenced-in backyard/patio, too! All in a prime commuter location, just steps to the bus line, the PATH to NYC, shopping, dining, St. Peter's University and more! Don't miss out! Opportunity is knocking!

    Zillow last checked:

    Listing updated:

    Listed by:

    ROBERT DEKANSKI,

    RE/MAX 1st ADVANTAGE 732-827-5344,

    STEPHEN SANTURRO,

    RE/MAX 1st ADVANTAGE

    Source: All Jersey MLS,MLS#: 2412824RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Baseboard Hotwater, Radiators-Hot Water
    Cooling
    • A/C Wall Unit(s), A/C Window Unit(s)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven)
    Features
    • Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room)
    • Windows: Screen/Storm Window, Screens/Storms
    Interior area
    • Total structure area: 1,972
    • Total interior livable area: 1,972 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Stories: 3
    • Patio & porch: Patio
    • Exterior features: Patio, Curbs, Screen/Storm Window, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Semi-Private Entry, Screens/Storms, Storage Area-Private
    • Fencing: Fencing/Wall
    Lot
    • Size: 1,332 Square Feet
    • Dimensions: 80.00 x 0.00
    • Features: Level
    Details
    • Parcel number: 0613502000000007
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1905

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Jersey City

    Financial & listing details

    • Price per square foot: $355/sqft
    • Tax assessed value: $450,100
    • Annual tax amount: $9,533
    • Date on market: 6/4/2024
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/4/2024Sold$700,000-5.3%$355/sqft
    Source: All Jersey MLS #2412824R Report a problem
    10/22/2024Contingent$739,000$375/sqft
    Source: All Jersey MLS #2412824R Report a problem
    9/3/2024Price change$739,000-4.6%$375/sqft
    Source: All Jersey MLS #2412824R Report a problem
    7/11/2024Price change$775,000-6.1%$393/sqft
    Source: All Jersey MLS #2412824R Report a problem
    6/27/2024Price change$825,000-8.2%$418/sqft
    Source: All Jersey MLS #2412824R Report a problem
    6/4/2024Listed for sale$899,000$456/sqft
    Source: All Jersey MLS #2412824R Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,051 $450,100
    2024$10,051 -0.6%$450,100
    2023$10,114 +40.1%$450,100
    2022$7,220 $450,100
    2021$7,220 +4.2%$450,100
    2020$6,932 +3.5%$450,100
    2019$6,697 -9.5%$450,100
    2018$7,402 +1.3%$450,100 +374.3%
    2017$7,308 +2.9%$94,900
    2016$7,100 +0.6%$94,900
    2015$7,055 -0.4%$94,900
    2014$7,085 +3.9%$94,900
    2013$6,818 +2.5%$94,900
    2012$6,651 +1.5%$94,900
    2011$6,551 +15%$94,900
    2010$5,695 +8.1%$94,900
    2009$5,269 $94,900
    2008-- $94,900
    2007-- $94,900
    2006-- $94,900
    2005-- $94,900
    2004-- $94,900
    2003-- $94,900
    2002-- $94,900
    2001-- $94,900
    Find assessor info on the county website

    Neighborhood: McGinley Square

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    Estimated market value
    $839,800
    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
    $839,800

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