$460,000
SOLD JUL 24, 2025

131 Palsa Ave Elmwood Park, NJ 07407

2 Beds
1 Bath
826 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$557 Per Sq Ft

7% Above List Price

13 Days on Market

About This Home

As of July 2025

This home is located at 131 Palsa Ave, Elmwood Park, NJ 07407 and is currently priced at $460,000, approximately $556 per square foot. This property was built in 1941. 131 Palsa Ave is a home located in Bergen County with nearby schools including Gantner Avenue Elementary School, Elmwood Park Middle School, and Memorial Sr High School.

Last Agent to Sell the Property

Frank Abate

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 05/20/2025

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

WILSON MERCHAN

MERCHAN TEAM REALTY LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,448

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,448

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • County Name: Bergen
  • Street Number Display: 131
  • I D: 5359355
  • Modified: 2025-07-25
  • Number Images: 1
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 50X100 2LT
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Jul 17, 2025
Sold by
Ubelhart Anna M
Bought by
131 Investors Group Llc
Seller's Agent
Frank Abate
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
List Price
$429,900
Sold Price
$460,000
Premium/Discount to List
$30,100
7%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.24%
Original Mortgage
$560,000
Outstanding Balance
$514,764
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$82,548
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 Type Sale Price Title Company
Deed $460,000 Guardian Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 Construction
Closed $560,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $460,000 +7.0% $557 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $429,900 -- $520 / Sq Ft
Source: Garden State 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 $7,448 $242,700 $180,000 $62,700
2024 $7,262 $242,700 $180,000 $62,700
2023 $7,060 $242,700 $180,000 $62,700
2022 $7,310 $242,700 $180,000 $62,700
2021 $6,593 $242,700 $180,000 $62,700
2020 $7,286 $242,700 $180,000 $62,700
2019 $7,162 $242,700 $180,000 $62,700
2018 $7,094 $242,700 $180,000 $62,700
2017 $7,012 $242,700 $180,000 $62,700
2016 $6,866 $242,700 $180,000 $62,700
2015 $6,504 $242,700 $180,000 $62,700
2014 $6,300 $242,700 $180,000 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3964245

Garden State MLS

APN: 11-01312-0000-00012