NOT LISTED FOR SALE

14 E Ruby Ave Palisades Park, NJ 07650

Estimated Value: $1,229,000 - $1,660,000

7 Beds
5 Baths
1,245 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $1,350,000 $1,084 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,595/month

20 Days on Market

About This Home

As of March 2022

YOUNG TOP/BOTTOM STYLE 2FAMILY HOUSE ON NICE RESIDENTIAL STREET, FEATURING ONE FLOOR LIVING,LARGE SIZE ROOMS,EXTENSIVE MOLDING AND GRANITE USED. WASHER & DRYER IN THE UNIT. FEW STEPS AWAY TO NYC BUS STOP AND SHOPPING. INVESTORS DREAM HOUSE.

Last Agent to Sell the Property

Gina Seo

Palisades Park Properties DBA Kaymax Realty, Inc. Listed on: 11/15/2021

Last Buyer's Agent

Gina Seo

Palisades Park Properties DBA Kaymax Realty, Inc. Listed on: 11/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,966

Lot Details

  • 4,008

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Laundry in unit
  • Lot Dimensions are 40x100

Listing and Financial Details

  • Legal Lot and Block 00005 / 00618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,966

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 461-0906
  • MLS Status: Sold - Sold
  • Directions: BROAD-E RUBY
  • Architectural Style: 2 Family
  • Year Built Details: 2010's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Basement Remarks: SEE GR

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 40X100

Tax Info

  • Tax Annual Amount: 16966.0
  • Tax Block: 00618
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Bak Michael and Paek Jenny Bak
Bought by
Bak Family Trust and Paek
Current Estimated Value
$1,530,166

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 3, 2022
Sold by
Lee Sungsook and Lee Joong C
Bought by
Bak Michael and Paek Jenny
Seller's Agent
Gina Seo
Palisades Park Properties DBA Kaymax Realty, Inc.
Buyer's Agent
Gina Seo
Palisades Park Properties DBA Kaymax Realty, Inc.
List Price
$1,425,000
Sold Price
$1,350,000
Premium/Discount to List
-$75,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$810,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2020
Sold by
Lee Joong Chul and Lee Sungsook
Bought by
Lee Sungsook and Lee Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2014
Sold by
Drc Devolpment Corp
Bought by
Lee Joong Chul and Lee Sungsook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2011
Sold by
Deutsche Bank National Trust
Bought by
Dr Development Inc

Purchase Details

Closed on
Nov 2, 2009
Sold by
Mcguire Leo P
Bought by
Deutsche Bank

Purchase Details

Closed on
Feb 2, 2007
Sold by
Mansmann Toni
Bought by
Mansmann Toni and Mansmann Joseph

Purchase Details

Closed on
Jul 7, 1999
Sold by
Schirmer Robert J
Bought by
Schirmer Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bak Family Trust -- None Listed On Document
Bak Michael $1,350,000 Fidelity National Title
Bak Michael $1,350,000 Fidelity National Title
Lee Sungsook -- Blueland Title Agency Inc
Lee Sungsook -- New Title Company Name
Lee Joong Chul $980,000 --
Dr Development Inc $235,000 --
Deutsche Bank -- --
Mansmann Toni -- --
Mansmann Toni -- --
Schirmer Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bak Michael $810,000
Previous Owner Lee Sungsook $490,000
Previous Owner Lee Joong Chul $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $1,350,000 0.0% $1,084 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $1,350,000 -5.3% $1,084 / Sq Ft
11/15/2021 11/15/21 For Sale $1,425,000 -- $1,145 / 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 $18,919 $1,361,300 $429,300 $932,000
2024 $18,368 $1,300,300 $409,400 $890,900
2023 $17,920 $1,241,900 $391,800 $850,100
2022 $17,920 $1,164,400 $363,300 $801,100
2021 $17,517 $1,105,900 $346,700 $759,200
2020 $16,967 $1,099,600 $341,900 $757,700
2019 $18,457 $908,300 $254,100 $654,200
2018 $17,975 $908,300 $254,100 $654,200
2017 $17,794 $908,300 $254,100 $654,200
2016 $17,267 $908,300 $254,100 $654,200
2015 $16,903 $908,300 $254,100 $654,200
2014 $16,140 $908,300 $254,100 $654,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21045071

New Jersey MLS

APN: 45-00618-0000-00005