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521 Mercer St, Jersey City, NJ, 07302

$599,000

Home List Price

$7,113*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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521 Mercer St, Jersey City$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
HeatingBaseboard
MLS #240018929
StatusActive
(ACTIVE)

About 521 Mercer St

Opportunity awaits at 521 Mercer St, Jersey City! This diamond in the rough is located just a short walk from the Journal Square PATH train, offering unbeatable convenience for commuters. The property is in need of major repairs, making it an ideal project for investors or those looking to create their dream home. With the right vision and updates, this home has the potential to shine. Located in a vibrant neighborhood with easy access to shopping, dining, and transportation, this is a chance to invest in one of Jersey City's most sought-after areas. Can be purchased along with 519 Mercer St

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (646) 457-8852

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Baseboard

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000

Tax Information:

  • Annual Amount: $4,089
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jersey City, NJ.

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Jersey City, NJ

City

Med. List Price

$749K

Med. Price/SqFt

$495

Avg. Days On Market

71

# of Sold Homes

9

521 Mercer St vs Jersey City

5 DAYS ON ROCKET

-66 Days

$599,000

-$150K Less

KEY TAKEAWAY

This property is $150K less than the Median List Price in Jersey City, NJ.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240018929

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (646) 457-8852

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2017Home Sold
$325,000
Aug 11, 2004Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,089$337,200
2019$5,017$337,200
2018$1,162$78,100
2017$6,092$78,100

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-513104
5
/10

  • Julia A. Barnes School

  • 91 Astor Pl

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-513105
5
/10

  • Rev. Dr. Ercel F. Webb School

  • 264 Van Horne St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-513106
7
/10

  • Jotham W. Wakeman School

  • 100 Saint Pauls Ave

  • 0.90 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,083. The majority of Jersey City, NJ residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07302›521 Mercer St

This home is located at 521 Mercer St in Jersey City, NJ and zip code 07302 in the Journal Square neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $599,000.

The inventory of homes for sale in Jersey City, NJ between September 2024 and October 2024 increased by 46.5%. In October 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $749,000.

From Rocket Homes Real Estate and based on county public records data.

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