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Off market
  • $1,424,000

    489 Mercer St, Jersey City, NJ 07306

    6beds
    5baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,424,000 Zestimate®
    $--/sqft
    $3,091 Estimated rent

    Home value

    $1,424,000

    $1.32M - $1.54M

    $3,091/mo

    Zestimate® history
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    Rent Zestimate®

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    $9,642/mo

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    What's special

    Back balconyPrivate backyardModern updatesSpacious layoutsTankless hot water heatersLarge bedrooms

    Welcome to 489 Mercer Street, a fantastic 2-family home in the heart of Jersey City! Whether you're an investor, looking for multi-generational living or to offset their mortgage with rental income, this property offers incredible potential. Completely renovated in 2017 each unit features spacious layouts, large bedrooms, and modern updates such as central A/C with Nest Thermostats, washer/dryers and tank less hot water heaters. The duplex top unit features 4 bedroom and 3 baths with a back balcony and 2 rooftop decks with amazing views. The bottom unit is a 2 bed/2 bath with private backyard. Located in the McGinley Square area of Jersey City this vibrant and developing neighborhood offers a fantastic blend of historic character and modern conveniences. With easy access to public transportation, you're just minutes away from Downtown Jersey City and New York City.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Halstead / Brown Harris Stevens,MLS#: 23359227MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5

    Property

    Details
    • Parcel number: 0613502000000003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Community
    • Subdivision: Jersey City Journal Square
    Location
    • Region: Jersey City

    Financial & listing details

    • Tax assessed value: $902,500
    • Annual tax amount: $20,153
    • Date on market: 3/13/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/2/2025Listing removed$1,300,000
    Source: Halstead / Brown Harris Stevens #23359227 Report a problem
    3/12/2025Listed for sale$1,300,000+12.1%
    Source: HCMLS #250004699 Report a problem
    7/22/2022Sold$1,160,000-3.3%
    Source: HCMLS #220006852 Report a problem
    4/20/2022Listed for sale$1,200,000+28.1%
    Source: HCMLS #220006852 Report a problem
    7/20/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/29/2021Listed for rent$2,200-8.3%
    Source: Zillow Rental Manager Report a problem
    3/15/2020Listing removed$2,400
    Source: TurboTenant Report a problem
    2/26/2020Listed for rent$2,400+9.1%
    Source: TurboTenant Report a problem
    4/5/2018Listing removed$2,200
    Source: NAJJAR GROUP REAL ESTATE #170019973 Report a problem
    2/7/2018Price change$2,200-4.3%
    Source: NAJJAR GROUP REAL ESTATE #170019973 Report a problem
    11/28/2017Sold$937,000+253.6%
    Source: Public Record Report a problem
    11/22/2017Listed for rent$2,300
    Source: NAJJAR GROUP REAL ESTATE #170019973 Report a problem
    12/14/2016Sold$265,000-33.7%
    Source: Public Record Report a problem
    8/3/2016Listing removed$399,999
    Source: Weichert Realtors #160009582 Report a problem
    6/25/2016Listed for sale$399,999
    Source: Weichert Realtors #160009521 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,153 $902,500
    2024$20,153 -0.6%$902,500
    2023$20,279 +48.3%$902,500
    2022$13,674 $902,500 +5.9%
    2021$13,674 +4.2%$852,500
    2020$13,129 +82%$852,500 -5.5%
    2019$7,214 -2.5%$902,500 +68.8%
    2018$7,402 +4.9%$534,800 +463.5%
    2017$7,058 +3%$94,900
    2016$6,850 +0.7%$94,900
    2015$6,805 -0.4%$94,900
    2014$6,835 +4.1%$94,900
    2013$6,568 +2.6%$94,900
    2012$6,401 -2.3%$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

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,424,000
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    Estimated market value
    $1,424,000