$360,000
SOLD FEB 13, 2025

Palisades 100 Old Palisade Rd Unit 3216 Fort Lee, NJ 07024

1 Bed
1 Bath
-- Sq Ft
4.88 Acres

Recently Sold

14% Below List Price

129 Days on Market

About This Home

As of February 2025

Experience luxury living at The Palisades, a premier high-rise condominium in the heart of Fort Lee. This stunning 1-bedroom, 1-bathroom unit features hardwood floors throughout, an in-unit washer and dryer, and includes one deeded indoor parking space. Residents enjoy first-class amenities such as a 24-hour doorman, fitness center, outdoor pool with jacuzzi, BBQ area, and a spacious deck offering breathtaking views of NYC. Additional perks include visitor valet, dry-cleaning services, a conference room, a recently updated game room, and a playroom. Pet-friendly building! The seller is highly motivated to sell this unit!

Last Agent to Sell the Property

Yoomi Nam

Hyst Realty Group, LLC Listed on: 10/07/2024

Last Buyer's Agent

John Park

Park Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,065

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,065

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: 201-482-8848
  • MLS Status: Sold - Sold
  • Directions: Parker to Palisade Rd
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Highrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No
  • Basement Remarks: Garage
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 2.0

Lot Info

  • Lot: 00003
  • Lot Dimensions: 772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Feb 13, 2025
Sold by
Chi Nungja and Chi Nung Ja
Bought by
Jung Yeonjun
Seller's Agent
Yoomi Nam
Hyst Realty Group, LLC
Buyer's Agent
John Park
Park Realty
List Price
$420,000
Sold Price
$360,000
Premium/Discount to List
-$60,000
-14.29%
Views
78
Current Estimated Value
$371,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,459
Avg. Annual Appreciation
5.65%
Original Mortgage
$288,000
Outstanding Balance
$286,549
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$84,910

Purchase Details

Closed on
May 5, 2017
Sold by
Shazo Sigalit
Bought by
Chi Nung Ja

Purchase Details

Closed on
Jan 18, 2016
Sold by
Saudino Michael and Baek Kyung Sum
Bought by
Shazo Sigalit

Purchase Details

Closed on
Jan 12, 2007
Sold by
Cho Richard
Bought by
Baek Kyung Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
100 Old Palisade Llc
Bought by
Cho Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,610
Interest Rate
6.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $360,000 Blueland Title
Deed $360,000 Blueland Title
Bargain Sale Deed $282,000 None Available
Sheriffs Deed $237,000 Attorney
Deed $450,000 --
Deed $352,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Closed $288,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $355,000 Purchase Money Mortgage
Previous Owner $317,610 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $360,000 +1.4% --
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $355,000 -- --
01/08/2025 01/08/25 Pending -- -- --
01/05/2025 01/05/25 Price Changed $355,000 -6.6% --
11/12/2024 11/12/24 Price Changed $380,000 -5.0% --
11/01/2024 11/01/24 Price Changed $400,000 -4.8% --
10/07/2024 10/07/24 For Sale $420,000 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,560 $250,000 $174,000 $76,000
2024 $7,175 $290,000 $174,000 $116,000
2023 $7,201 $290,000 $174,000 $116,000
2022 $7,201 $290,000 $174,000 $116,000
2021 $6,633 $290,000 $174,000 $116,000
2020 $6,986 $290,000 $174,000 $116,000
2019 $6,824 $290,000 $174,000 $116,000
2018 $6,664 $290,000 $174,000 $116,000
2017 $6,589 $290,000 $174,000 $116,000
2016 $7,954 $352,900 $211,700 $141,200
2015 $7,771 $352,900 $211,700 $141,200
2014 $7,626 $352,900 $211,700 $141,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24032445

New Jersey MLS

APN: 19-03352-0000-00003-0000-C3216