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$1,280,000
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Property Description
OPEN HOUSE THIS SATURDAY NOVEMBER 2, 2024 FROM 12-3PM!! RARE Opportunity! Your Next Investment Awaits! Calling all Restauranteurs/Retailers! Located in the coveted Journal Square Section of Jersey City, this mixed use building has tons of Value Add potential. Operate a restaurant or store on the first floor and have the income from the apartments above to offset your expenses! The Commercial space on the 1st floor boasts 2 Commercial spaces comprised of approximately 1600 usable SqFt! There are 4 additional 1BR apartments on the 2nd and 3rd floor. All units have separate utilities! The water is completely separate as well delivered to each unit with its own meter! The 2 second floor apartments are vacant but the 2 third floor apartments are occupied on a month to month lease. Schedule your showing today and bring your vision to life! Walking distance to Journal Square and the subways to New York. One block to a bus downtown train service to low Manhattan.
Full Property Details
Full Property Details for 527 Mercer St
General
- Sold For: $1,280,000
- Status: Closed
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 240020316
- Added to Site: 460 day(s) ago
Location
- Area: JC, Journal Square
- County: Hudson
- Location Details: Corner of Jordan and Mercer
Structural Information
- Construction: Brick
- Stories in Building: 3
- # of Stores: 3
Unit Information
- 1 Bedroom Units: 4
Lot Features
- Lot Size: 27.7X75
- Lot Dimensions: 27.7 x 75
- Lot Description: 1
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
- Section: Journal Square
- Block: 13503
A.J.C. Realty Exchange, Llc (201) 324-1000
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Schools
Schools serving 527 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 |
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 | 0.7 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.7 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.
Price & Sales History for 527 Mercer St
Date
Details
Price
Change
Source
2/25/2025
Sold
$1,280,000
-26.86%
MLS
10/15/2024
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
527 Mercer St, Jersey City, NJ 07306 (MLS# 240020316) is a Commercial property that was sold at $1,280,000 on February 25, 2025. Want to learn more about 527 Mercer St? Do you have questions about finding other Commercial 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.

