521 MERCER ST, Jersey City, NJ 07306
Hudson County
Key Facts
Listing Courtesy: NEW AND MODERN GROUP LLC - OFFICE: 201-256-1422
Description
The property has been extensively renovated and offers a rare combination of modern finishes, strong rental appeal, and long-term upside in one of Hudson County's most dynamic neighborhoods, in the rapidly growing Journal Square section of Jersey City. The property features beautifully renovated residential units with spacious layouts, abundant natural light, contemporary kitchens with quartz countertops, white shaker cabinetry, stainless steel appliances, in-unit laundry, and designer bathrooms. Recent improvements provide investors with a turnkey asset requiring minimal immediate capital expenditures. Unit 1 has 2 bedrooms 1 full bath with a private backyard. Unit 2 is a duplex, including a spacious and bright living room, kitchen, dining room, and 1 full bath on the first floor, and 3 decent bedrooms filled with sufficient natural light and 1 full bath on the second floor. Conveniently located just minutes from Journal Square PATH Station, residents enjoy easy access to Manhattan, Downtown Jersey City, Hoboken, and major transportation routes. The property is also close to parks, shopping, restaurants, schools, and neighborhood amenities. A must-see for investors, owner-occupants, and 1031 exchange buyers alike.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Row House / Multi-Level
Days on Market
28
MLS® Listing#
260011271
Property Features
Heating
Basement
Construction
Financial Details
Annual Taxes
$7,874
Tax year 2025
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Jersey City, NJ
- $614,183
- Median Listing Price
- 48
- Median Days on Market
- 1,397
- Median Sq Ft
- $403
- Median Price / Sq Ft
- 3,163
- Active Listings
- This home’s price is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Jersey City, NJ.
Location
Points of Interest in Jersey City, NJ
Showing the Jersey City area map.
Nearby Schools
Primary Prep Elementary School
Elementary · 0.1 mi away
Hudson Catholic Regional High School
Secondary · 0.1 mi away
American Technology Training Institute
School · 0.3 mi away
Martin Luther King Junior School
Elementary · 0.3 mi away
PC Tech Learning Center
School · 0.3 mi away
Tornell Institute
School · 0.4 mi away
County Prep High School
Secondary · 0.4 mi away
Joseph H. Brensinger Elementary School Number 17
Elementary · 0.5 mi away
Julia A. Barnes School
Elementary · 0.5 mi away
Marcanthony Dinardo School
School · 0.5 mi away
St. Joseph Catholic School
Elementary · 0.5 mi away
Learning Community Charter School
Elementary · 0.6 mi away
Abraham Lincoln High School
Secondary · 0.6 mi away
Jersey City Community Charter School
School · 0.6 mi away
Al Ghazaly School
School · 0.6 mi away
Mahatma K Gandhi School
Elementary · 0.6 mi away
Beloved Community Charter School
School · 0.6 mi away
PS 23 Annex
Elementary · 0.7 mi away
James J. Ferris High School
Secondary · 0.7 mi away
Badr School
School · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 825 Dennis Pl, Linden City, NJ | $629,555 | 5 | 2 | — |
| 148 Magnolia Ave, Elizabeth City, NJ | $629,900 | 5 | 2 | 1,970 |
| 405 W Elm St, Linden City, NJ | $629,999 | 4 | 2 | — |
| 170 Oakland Ter 2, Newark City, NJ | $630,000 | 5 | 2 | — |
| 58 11Th Ave, Newark City, NJ | $630,000 | 6 | 5 | — |
| 419 Edgewood Rd 1, Linden City, NJ | $630,000 | 4 | 2 | — |
