NOT LISTED FOR SALE

131 Palisade Ave Cliffside Park, NJ 07010

Estimated Value: $836,000 - $922,000

5 Beds
4 Baths
2,516 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $685,000 $272 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,548/month

75 Days on Market

About This Home

As of October 2022

Great investment or live in one unit and collect the rent from the other three. Near bus service, shops, schools and parks. Most apartments are nicely renovated with newer windows. New hot water heater. Plenty street parking. Expenses: Insurance-$2,615;R.E.Tax-$8454;Elec.-$496;Gas-$2,190;Water-$1,063. Gross annual income $49,980 less Exp. $14,818 = Net Income $35,162 All units are tenant occupied with Leases ending Mar. 2023.

Last Agent to Sell the Property

Katy Bekiarides

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 05/18/2022

Prominent Properties Sotheby's International Realty-Tenafly

Last Buyer's Agent

Maria Ochoa

RE/MAX SELECT - Fort Lee

RE/MAX SELECT - Fort Lee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,455

Lot Details

  • 1,873 Sq Ft Lot
  • Lot Dimensions are 25 x 75

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 00211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,455

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-568-5668
  • MLS Status: Sold - Sold
  • Directions: On Palisade
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Remarks: Utilities, Storage

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 25 x 75
  • Lot Size Sq Ft: 1873.0

Tax Info

  • Tax Annual Amount: 8455.0
  • Tax Block: 00211
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Oct 3, 2022
Sold by
Prm Management Llc
Bought by
Sanango Pricyla and Figueroa Ivan
Seller's Agent
Katy Bekiarides
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Maria Ochoa
RE/MAX SELECT - Fort Lee
List Price
$745,000
Sold Price
$685,000
Premium/Discount to List
-$60,000
-8.05%
Current Estimated Value
$874,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,123
Avg. Annual Appreciation
8.83%
Original Mortgage
$450,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2000
Sold by
Lechowicz Walter J
Bought by
Prm Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
7.88%
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
Sanango Pricyla $685,000 Carnegie Title
Prm Management Llc $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanango Pricyla $450,000
Previous Owner Prm Management Llc $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $685,000 -8.1% $272 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $745,000 -- $296 / 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 $9,420 $341,800 $136,600 $205,200
2024 $8,989 $341,800 $136,600 $205,200
2023 $8,616 $335,900 $136,600 $199,300
2022 $8,616 $335,900 $136,600 $199,300
2021 $8,455 $335,900 $136,600 $199,300
2020 $8,357 $335,900 $136,600 $199,300
2019 $8,203 $335,900 $136,600 $199,300
2018 $8,189 $335,900 $136,600 $199,300
2017 $8,035 $335,900 $136,600 $199,300
2016 $7,877 $335,900 $136,600 $199,300
2015 $7,642 $335,900 $136,600 $199,300
2014 $7,430 $335,900 $136,600 $199,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22017758

New Jersey MLS

APN: 06-00211-0000-00011