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24 Mercer St

Somerville, NJ 08876

3 bd 2 ba 1,508 sqft Built 1920 Lot 3,920 sqft single_family
Most recent sale
$475,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $475,000 MLS #3781895
May 13, 2022 Listed $429,000 MLS #3781895
Sep 5, 2006 Sold $270,000 Public Record
Jun 1, 1978 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,500 $109,100 $281,600 $11,486
2024 $172,500 $109,100 $281,600 $11,131
2023 $172,500 $109,100 $281,600 $10,875
2022 $169,600 $109,100 $278,700 $10,481
2021 $169,600 $109,100 $278,700 $10,415
2020 $169,600 $109,100 $278,700 $10,200
2019 $169,600 $109,100 $278,700 $10,131
2018 $169,600 $109,100 $278,700 $10,022
2017 $169,600 $109,100 $278,700 $9,816
2016 $169,600 $109,100 $278,700 $9,417
2015 $169,600 $109,100 $278,700 $9,292
2014 $169,600 $109,100 $278,700 $9,144
2013 $169,600 $109,100 $278,700 $9,033
2012 $169,600 $119,100 $288,700 $9,051
2011 $169,600 $119,100 $288,700 $8,595
2010 $78,500 $51,100 $129,600 $7,099
2009 $78,500 $51,100 $129,600 $6,825
2008 $78,500 $51,100 $129,600 $6,551
2007 $78,500 $51,100 $129,600 $6,259

Property facts

Year built
1920
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,508 sqft
Lot size
3,920 sqft
ZIP code
08876
City
Somerville
Street
Mercer St
Coordinates
40.57241, -74.61638

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,262
Gross rental yield
5.71%
Implied cap rate
3.71%
Trend-extrapolated value

Frequently asked questions

When did 24 Mercer St last sell?
24 Mercer St most recently sold on Jul 5, 2022 for $475,000.
What is the current tax assessment for 24 Mercer St?
The most recent total assessment for 24 Mercer St (year 2025) is $281,600 with $11,486 in property tax.
How does 24 Mercer St's assessment compare to its last sale price?
The current assessment is 40.7% below the last sale price of $475,000.
When was 24 Mercer St built?
24 Mercer St was built in 1920.
How does 24 Mercer St compare to others on Mercer St?
We track 8 other properties on Mercer St. Browse the list under "Other properties on Mercer St" to compare beds, baths, and sale history.
What are the property facts for 24 Mercer St?
24 Mercer St is a 3 bed, 2 bath, 1,508 sqft, 3,920 sqft lot single_family.
Is 24 Mercer St a flip candidate?
No — 24 Mercer St does not appear in our flips dataset.
Is 24 Mercer St a tax-appeal candidate?
No — 24 Mercer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$585.5K
2026 Q4
$583.9K
ZIP 08876 — Median Price History + Forecast

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