NOT LISTED FOR SALE

118 Bergen Blvd Unit 2B Palisades Park, NJ 07650

Estimated Value: $392,000 - $497,000

2 Beds
1.5 Baths
1,041 Sq Ft
479 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $290,000 $279 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,856/month

270 Days on Market

Highlights

  • Property is near public transit
  • Stairway
  • Central Air

About This Home

As of June 2020

Spacious open floor plan for 2BR, 1.5 Bath newly renovated condo. New kitchen and bath - shared storage room on ground floor, ample parking, pets allowed Hardwood Floors. EZ commute to GWB, NY bus and major highways, and shopping.

Last Agent to Sell the Property

Roberta Kilgallen

Century 21 Preferred Realty, Inc. Listed on: 09/01/2019

Last Buyer's Agent

Edwin Han

Hans Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,438

Year Built

  • 2005

Lot Details

  • 479

Home Design

  • Built in the 2000s
  • Condominium

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Stairway

Listing and Financial Details

  • Assessor Parcel Number 024500717 00022 002B

Community Details

Overview

  • $197 Maintenance Fee
  • Association Phone (201) 886-8500
  • Property managed by United Management

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,438

Year Built

2005

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Condo
  • Lifestyle: Close/Shopg, Close/Trans, One Floor Living
  • Views/Exposure: None
  • Year Built: 2000's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Ov/Rg/Gas
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Grd Lv Acces
  • Laundry: In Unit

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Condo Number: 002B

Association/Amenities

  • Maintenance Charges: 197.00
  • Mgmt Company: United Management
  • Management Phone: (201) 886-8500

Lot Info

  • County Name: BERGEN
  • Locale: 200
  • Lot: 00022

Rental Info

  • Pets: Pets Ok

Tax Info

  • Tax: 5438
  • Assessor Parcel Number: 024500717 00022 002B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
May 18, 2020
Sold by
Residential Capital Management Group Lp
Bought by
Oh Jenny
Seller's Agent
Roberta Kilgallen
Century 21 Preferred Realty, Inc.
Buyer's Agent
Edwin Han
Hans Realty Group
List Price
$334,900
Sold Price
$290,000
Premium/Discount to List
-$44,900
-13.41%
Total Days on Market
270
Current Estimated Value
$435,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,716
Avg. Annual Appreciation
8.52%
Original Mortgage
$260,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2019
Sold by
Cureton Anthony
Bought by
Us Bank Na Tr

Purchase Details

Closed on
May 13, 2006
Sold by
Jas Realty Inc
Bought by
Chan Suen Kwan and Chan Florence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
6.52%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Jas Realty Inc
Bought by
Vega Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.84%

Purchase Details

Closed on
Mar 29, 2005
Sold by
Jas Realty Inc
Bought by
Kim Jin Jyang and Kim Yong Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.7%

Purchase Details

Closed on
Feb 9, 2005
Sold by
Jas Realty Inc
Bought by
Kim Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.7%
Source: Public Records

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Range of Values:

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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
Oh Jenny $290,000 Evergreen Land Ttl Svcs Inc
Us Bank Na Tr $455,358 None Available
Chan Suen Kwan $357,000 --
Vega Jennifer $345,000 --
Kim Jin Jyang $385,000 --
Kim Danny $333,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oh Jenny $260,000
Previous Owner Chan Suen Kwan $285,600
Previous Owner Vega Jennifer $0
Previous Owner Vega Jennifer $276,000
Previous Owner Kim Jin Jyang $346,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $290,000 -3.6% $279 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $300,700 -7.0% $289 / Sq Ft
11/26/2019 11/26/19 Price Changed $323,500 -3.4% $311 / Sq Ft
09/01/2019 09/01/19 For Sale $334,900 -- $322 / 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
2024 $4,924 $343,700 $205,000 $138,700
2023 $4,803 $332,900 $200,000 $132,900
2022 $4,803 $312,100 $185,000 $127,100
2021 $4,771 $301,200 $177,500 $123,700
2020 $5,047 $327,100 $175,000 $152,100
2019 $5,584 $274,800 $175,000 $99,800
2018 $5,438 $274,800 $175,000 $99,800
2017 $5,383 $274,800 $175,000 $99,800
2016 $5,224 $274,800 $175,000 $99,800
2015 $5,114 $274,800 $175,000 $99,800
2014 $4,883 $274,800 $175,000 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1940563

New Jersey MLS

APN: 45-00717-0000-00022-0000-C002B