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$700,000
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Property Description
*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!
Full Property Details
Full Property Details for 481 Mercer St
General
- Sold For: $700,000
- Taxes: $9,533 (2023)
- Status: Closed
- Type: Triplex
- Source: Middlesex
- MLS ID: 2412824R
Property History
- 481 Mercer St, Jersey City, NJ
- Sold $700,000 on 12/4/24
- Price Reduced $739,000 on 9/3/24
- Price Reduced $775,000 on 7/11/24
- Price Reduced $825,000 on 6/27/24
- Listed $899,000 on 6/4/24
Interior
- Interior 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)
- Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven)
Rooms
Other Rooms
- Living Room: 1,972 Sq. Ft.
Exterior
- Exterior Features: Patio, Curbs, Screen/Storm Window, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Semi-Private Entry, Screens/Storms, Storage Area-Private
- Deck/Patio: Patio
Parking
- Parking Features: On Street
- Parking: On Street
Location
- County: Hudson
Community
- Gated: Curbs, Sidewalks
Heating & Cooling
- Cooling Type: A/C Wall Unit(s), A/C Window Unit(s)
- Heating Type: Baseboard Hotwater, Hot-Water Radiators
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Roof: Asphalt
- Windows: Screen/Storm Window, Screens/Storms
- Stories/Levels: 3
- Square Feet: 1,972
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.0306
- Lot Size (Sq. Ft.): 1,333
- Lot Dimensions: 80.00 x 0.00
- Lot Features: Level
- Zoning: R-2
- Lot Description: Level
- Fencing (Description): Fencing/Wall
Financial Considerations
- Tax Amount: $9,533
- Tax Year: 2023
Disclosures and Reports
- Property ID: 613502000000007
RE/MAX 1st ADVANTAGE
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Schools
Schools serving 481 Mercer St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King, Jr No. 11 Elementary School 886 Bergen Avenue, Jersey City, NJ 07306 | PK-8 | 0.3 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.6 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 0.6 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.6 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
481 Mercer Street, Jersey City, NJ 07306 (MLS# 2412824R) is a Triplex property that was sold at $700,000 on December 04, 2024. Want to learn more about 481 Mercer Street? Do you have questions about finding other Triplex real estate for sale in Journal Square? You can browse all Journal Square real estate or contact a Coldwell Banker agent to request more information.

