For Sale

Apartment for Sale in Jerusalem

Elazar Ben Yair 16, Jerusalem, Jerusalem

Jerusalem Real Estate·3 Rooms for Sale in Jerusalem

₪4,275,000

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Property Details

Bedrooms

Bathrooms

Size

95 sqm

Type

Apartment

Description

4-room apartment on the 2nd floor, approx. 95 sqm + partial Sukkah balcony. Two toilets, one shower, registered parking, and a large storage room. New and well-maintained building. Central location with excellent accessibility to public transportation, and future light rail lines. A highly sought-after area with very few newly constructed buildings. A property with high demand and excellent potential for the coming years.

Additional Information

Stories: 8

Location Scores & Comparisons

How this property compares to other sales in Jerusalem and nationally

🚶

Walk ScoreSomewhat Walkable

6.6/10

Average

City: 6.7/10National: 6.2/10

🛡️

Safety RatingModerate

5.0/10

Average

City: 5.0/10National: 6.3/10

💰

Price per m²Above Average

₪45,000

26% below avg

City: ₪35,833National: ₪21,495

6.6

Walk Score

5.0

Safety

₪45,000

Per m²

Election Data

Knesset Elections · Jerusalem

Political Spectrum

54.2%

14.8%

29.4%

Right: 54.2%

Left: 29.4%

Center: 14.8%

Arab Parties: 1.6%

Top Parties

Hadash-Taal23.8%

Likud19.1%

Shas18.3%

United Torah Judaism11.6%

Yesh Atid8.4%

Voter Turnout

61.6%

Total Voters

265,886

Source: Central Elections Committee

School Data

Ministry of Education / RAMA · Jerusalem

School Orientation(182 schools)

36%

38%

25%

State Secular: 66 (36%)

State Religious: 70 (38%)

Haredi: 46 (25%)

RAMA Test Scores (City Average)

Arabic

546

Good

English

525

Average

Hebrew

554

Good

Math

549

Good

Science

571

Excellent

National average ≈ 530. Scores above 550 are considered strong.

Violence Index

10.3(Moderate)

Teacher Satisfaction

90%(Very High)

Student Satisfaction

74%(Moderate)

Teaching Quality

55%(Low)

Socio-Economic Status

2.1/10

Source: Israel Ministry of Education, RAMA (National Authority for Measurement and Evaluation). Data reflects city-level averages from the latest available school year.

Olim & Immigration Data

Popular for OlimMedium

Ministry of Aliyah / CBS · Jerusalem

18,500

Olim(2014-2023)

1.87%

of Population

988K

Residents

Olim Languages

English 32%French 25%Amharic 18%Russian 10%Spanish 8%Other 7%

2022 Census Data

25.3%

olim.bornAbroad

4.1%

olim.aliyaSince2010

8.2%

Aliyah since 2002

Father's Origin (Census 2022)

Source: Ministry of Aliyah & Integration, CBS (Census 2022)

valuation.title

valuation.subtitle

valuation.aboveMarket

₪3,539,000

valuation.range: ₪3,362,000 — ₪3,716,000

valuation.listPrice

₪4,275,000

-17.2%(₪736,000)

valuation.aboveMarketSub

valuation.confidence

High

75/100

valuation.comparables

valuation.avg ₪37,627/sqm

valuation.yoyGrowth

N/A

valuation.district

valuation.estRent

₪4,990

valuation.yield: 1.7%

Neighborhood Map & Amenities

Price History

Local Market Trend

District — CBS Housing Price Index

₪2,962,142

Estimated avg. dwelling price(Index: 592.0)

₪32,913 per m²(Avg. m²)

Est. Rent: ₪4,545/mo

Gross Yield: 1.8%(annual rent / price)

-0.7% MoM

-1.7% YoY

Aug 2025Jan 2026

₪Rental Income vs. Mortgage — This Listing

Est. monthly rent

₪4,798/mo

Est. mortgage

₪17,821/mo

Annual rental income

₪57,576/yr

Gross Yield

1.3%

↓ Negative cashflow: -₪13,023/mo

Based on 75% LTV, 4.5% rate, 25yr term, 95 m² property

Housing prices in the District are declining. Over the past year, prices have decreased by 1.7%.

View Full Market Trends Dashboard →

📊CBS Actual Rental Data(Q3 2025)

Avg. 3-room rent

₪4,748/mo

Avg. 4-room rent

₪6,018/mo

Rent per m²

₪80/m²

CBS Gross Yield

3.0%

Rent YoY change: +3.9%(Jerusalem)

Source: Israel Central Bureau of Statistics (CBS) · Updated periodically

Mortgage Calculator

Property Price

₪4,275,000

Down Payment20%

Loan Amount (₪)

Interest Rate4.50%

Loan Term25 years

Monthly Payment₪19,009

Total Interest

₪2,282,841

Total Payment

₪5,702,841

Over 25 years, you will pay ₪2,282,841 in interest.

Purchase Tax Calculator

Calculate Israeli real estate purchase taxes and fees

Property Price (NIS)

Buyer Type

Israeli resident purchasing their first or only home (Dira Yechida). Lowest tax brackets apply.

Property Price₪4,275,000

Mas Rechisha Bracket Breakdown

₪0 – ₪1,978,745 @ 0.0%₪0 (exempt)

₪1,978,745 – ₪2,347,040 @ 3.5%₪12,890.325

₪2,347,040 – ₪4,275,000 @ 5.0%₪96,398

Transfer Tax (Mas Rechisha) (2.56% effective)₪109,288.325

Agency Commission (2.5%)₪106,875

Lawyer Fees (1.2%)₪51,300

Registration Fees (0.7%)₪29,925

Total Costs₪297,388.325

Property Stats

Listed4/18/2026

Recommended Professionals in This Area

Trusted professionals serving this area

Emile Perez

Agent

Lenovo

10 years

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