11 hours on Rocket
$10,000 Closing Credit¹
#250004724, Listing Office: EXP REALTY LLC
$1,300,000 List price
489 Mercer St Jersey City, NJ 07306
$10,000
Closing credit¹
6 beds
5 full
Multi-Family
Property details
About 489 Mercer St
Welcome to 498 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.
Highlights
Home typeDuplex
HeatingHeat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
MLS #250004699
Summary
- MLS Number: 250004699
- MLS Name: HudsonCountyNJ
- Office Name: BROWN HARRIS STEVENS NEW JERSEY
- Office Phone: (201) 478-6700
The 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 © 2025 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: 3/13/2025, 4:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,300,000
489 Mercer St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 16, 2022 | Home Sold | $1,160,000 |
| Nov 28, 2017 | Home Sold | $937,000 |
| Dec 14, 2016 | Home Sold | $265,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $902,500 | $20,279 |
| 2022 | $852,500 | $13,674 |
| 2021 | $852,500 | $13,674 |
| 2020 | $902,500 | $13,128 |
| 2019 | $902,500 | $7,213 |
History based on county public records data.
Nearby schools
5
Julia A. Barnes School
Public District PK-5
0.5 mi
•91 Astor Pl
5
Rev. Dr. Ercel F. Webb School
Public District PK-5
0.8 mi
•264 Van Horne St
7
Jotham W. Wakeman School
Public District PK-5
0.9 mi
•100 Saint Pauls Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,412. Typical income of Jersey City, NJ residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
33%
35k-100k
14%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
12%
Single, with Kids
17%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Banana Republic
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
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This home is located at 489 Mercer St in Jersey City, NJ and zip code 07306 in the Journal Square neighborhood. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $1,300,000.
In February 2025 more than 34 listings in Jersey City, NJ were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 44 were sold below. The inventory of homes for sale in Jersey City, NJ between January and February 2025 increased by 3.6%. Listings spent 40 days on the market in February 2025, and had a median list price of $704,358 during the same period.
From Rocket Homes Real Estate and based on county public records data.