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89 Merseles Street

89 Merseles Street, Jersey City, NJ 07302
Sold Dec 26, 1996
$125,000
Sold Jun 20, 1996
Transfer
$220,414 by Citicorp Mtg Inc
Mortgage
Local assessors in Jersey City, NJ have categorized 89 Merseles Street as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 4,218 square feet. The linear feet between the front and back of the lot was measured at 804 ft and the front of the lot was measured at 525 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 89 Merseles Street has a total of 2,308 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of stucco were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 89 Merseles Street sold most recently in Dec 13, 1996 for a total of $125,000. If you work out the math, that's approximately a cost of $54.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,257 in taxes each year. 89 Merseles Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $501,000. If we break it down further, the land itself was valued at $256,900. Improvements to the property, however, were assessed at a total of $244,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 6
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,218
  • Lot Size Depth Feet: 804
  • Lot Size Frontage Feet: 525
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 2,308
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.097
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : MCCRAY DARRYL
  • Previous Owner : CITICORP MTG INC
  • Owner Before Previous Owner: CASSIDY JOSEPH T
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 006600

Geography

  • Assessors Map Reference: TAX MAP 125
  • Account Number: 00428656
  • District: 06
  • Parcel: 06 12505-0000-00009
  • Block: 12505
  • Lot: 9
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7216
  • Longitude: -74.0555

    Address

  • Full Address: 89 Merseles St
  • Address - House Number: 89
  • Address - Street Name: Merseles
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C064
  • 4-Digit Zip Code: 3204
  • Zip Code: 07302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,257

    Appraisal Valuation

  • Standard Deviation: 0.2633
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 957,245
  • High Value: 1,209,293
  • Low Value: 705,197

    Market Valuation

  • Market Total Value: $501,000
  • Market Land Value: $256,900
  • Market Improvement Value: $244,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,000
  • Assessed Land Value: $256,900
  • Assessed Improvements Value: $244,100

    Sales

  • Current Sale Contract Date: Dec 13, 1996
  • Current Sale Recording Date: Dec 26, 1996
  • Current Sale Transaction ID: 1192032590
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 010538
  • Previous Sale Recording Date: Jun 20, 1996
  • Previous Sale Contract Date: May 20, 1996
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK UNITED OF TEXAS
  • First Mortgage Transaction Date: Dec 26, 1996
  • First Mortgage Loan Amount: $124,898
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2027

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: CITICORP MTG INC
  • Previous Mortgage Transaction Date: Jun 20, 1996
  • Previous Mortgage Loan Amount: $220,414
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 89 Merseles Street located in?
The 89 Merseles Street is a located in the neighborhood of Historic Downtown in Historic Downtown, Jersey City.
What is the average sales price for listings in 89 Merseles Street?
The average sales price for units in 89 Merseles Street is $0 currently.

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