NOT LISTED FOR SALE

11 Bellview Place Palisades Park, NJ 07650

Estimated Value: $1,258,979 - $1,399,000

7 Beds
4 Baths
3,360 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $999,000 $297 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,475/month

352 Days on Market

About This Home

As of April 2022

RARE OPPORTUNITY TO INVEST IN A LEGAL 4-FAMILY BUILDING CENTRALLY LOCATED WITHIN ONE BLOCK OF BROAD AVE. IN PALISADES PARK. THIS BRICK/STUCCO BUILDING FEATURES THREE 2-BEDROOM-1BATH & ONE 1-BEDROOM-1BATH APARTMENTS. ADDITIONALLY, EACH APT HAS AN EXTRA PORCH AREA. THE PROPERTY IS FULLLY RENTED WITH LOW TAXES. GARAGE ALSO PROVIDES RENTAL INCOME. ALL APTS ARE SEPRARTELY METERED, MINIMAL MAINTENANCE. GREATER INCOME PRODUCING POTENTIAL.

Last Agent to Sell the Property

Hannah McLaughlin

Cosmo Realty, Inc. Listed on: 01/02/2021

Last Buyer's Agent

Clara Hahn

Cosmo Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,771

Lot Details

  • 5,199 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00021 / 00217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,771

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 944-4949
  • MLS Status: Sold - Sold
  • Directions: OFF BROAD
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Remarks: Storage, Utilities

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 5199.0

Tax Info

  • Tax Annual Amount: 9771.0
  • Tax Block: 00217
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2021
Closed on
Apr 19, 2022
Sold by
Albanese Alice E
Bought by
11 Chaego Llc
Seller's Agent
Hannah McLaughlin
Cosmo Realty, Inc.
Buyer's Agent
Clara Hahn
Cosmo Realty, Inc.
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%
Current Estimated Value
$1,329,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,995
Avg. Annual Appreciation
10.07%
Original Mortgage
$650,000
Outstanding Balance
$617,001
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$760,527

Purchase Details

Closed on
Sep 19, 2013
Sold by
Albanese Thomas J and Miraglia Caroline
Bought by
Albanese Thomas J and Miraglia Caroline
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 Buyer Sale Price Title Company
11 Chaego Llc $999,000 Blueland Title
Albanese Thomas J -- --
Albanese Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11 Chaego Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $999,000 -4.9% $297 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $1,050,000 -- $313 / Sq Ft
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 $14,746 $1,053,900 $452,100 $601,800
2024 $13,811 $1,013,500 $428,200 $585,300
2023 $12,655 $933,800 $415,100 $518,700
2022 $12,655 $822,300 $379,300 $443,000
2021 $9,935 $627,200 $314,600 $312,600
2020 $9,770 $633,200 $314,600 $318,600
2019 $10,672 $525,200 $256,200 $269,000
2018 $10,394 $525,200 $256,200 $269,000
2017 $10,289 $525,200 $256,200 $269,000
2016 $9,984 $525,200 $256,200 $269,000
2015 $9,774 $525,200 $256,200 $269,000
2014 $9,333 $525,200 $256,200 $269,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21003797

New Jersey MLS

APN: 45-00217-0000-00021