NOT LISTED FOR SALE

145 Palisade Ave Jersey City, NJ 07306

The Heights Neighborhood

Estimated Value: $770,000 - $1,062,000

4 Beds
3 Baths
-- Sq Ft
1,786 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $785,000

Est. 20% increase in value since last sale

Current estimated payment $6,046/month

Highlights

  • Brownstone
  • Living Room
  • Hot Water Heating System
  • Dr Ronald McNair High School Rated A+

About This Home

As of July 2022

Great investment property on the border of Jersey City Height’s Riverview Arts District and Journal Square. This solid brick building with two legal units is just steps away from NYC transportation and steps away from Journal Square PATH station. This two family has recently been updated and features 4 Bedrooms and 3 full baths and can be used as a one family. The recent renovation was done on the duplex unit and features lots of classic and contemporary details including four decorative fireplace mantles, crown molding, original pocket doors, original hardwood floors and original staircase. The updated kitchen features a beautiful countertop, stainless steel kitchen sink, refinished kitchen cabinets, new stainless steel appliances and new lighting throughout the unit. This unit features 3 bedrooms and two bathrooms, along with central air conditioning and heat, 10-foot ceilings, New York City skyline views and two large walk-in closets. This multi-unit brownstone is just walking distance to the Journal Square path station and downtown Jersey City were you will find many dining and nightlife options. There is also the express bus service to NYC at your door. A Must See!!

Last Agent to Sell the Property

Patrick Southern

SERHANT NEW JERSEY LLC License #0336749 Listed on: 04/14/2022

SERHANT NEW JERSEY LLC

Last Buyer's Agent

Saquib Rahim

COLDWELL BANKER REALTY License #1542256

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,370

Lot Details

  • 1,786

Home Design

  • Brownstone
  • Rowhouse Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal property.
  • Legal Lot and Block 00006 / 06803
  • Assessor Parcel Number 7114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,370

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Brownstone, Row House
  • Exclusions: All personal property.
  • Inclusions: All major appliances as installed.
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 7114
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 4
  • Total Living Rooms: 1
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: 1475
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 1
  • Floor3 Other: 1

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: Gas, Hot Water

Lot Info

  • Geo Address Line: 145 Palisade Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00006
  • Lot Size: 19.32X93 AV

Tax Info

  • Taxes: 7370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 28, 2022
Sold by
Birgy Paul V and Birgy Mercelena
Bought by
Shadman Mohammed and Mahmud Kashfia
Seller's Agent
Patrick Southern
SERHANT NEW JERSEY LLC
Buyer's Agent
Saquib Rahim
COLDWELL BANKER REALTY
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
$939,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,828
Avg. Annual Appreciation
5.55%
Original Mortgage
$628,000
Outstanding Balance
$592,176
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$347,652

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 30, 2015
Sold by
145 Palisade Avenue Llc
Bought by
Birgy Paul and Lopez Mercelena Otero
Seller's Agent
Rich Maio
COLDWELL BANKER RESIDENTIAL BROKERAGE
Buyer's Agent
Werner Bargsten
WARREN G CURTIN REALTY INC
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$393,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Sperling Ann Spina
Bought by
145 Palisade Avenue Llc

Purchase Details

Closed on
Jun 19, 2000
Sold by
Dobrovic Bojana and Dobrovic Slavo
Bought by
Sperling Ann Spina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
7.96%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Shadman Mohammed $785,000 Fidelity National Title
Birgy Paul $525,000 First Legacy Group Title & A
145 Palisade Avenue Llc -- --
Sperling Ann Spina $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shadman Mohammed $628,000
Previous Owner Birgy Paul $393,750
Previous Owner Sperling Ann Spina $162,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $785,000 -1.8% --
05/02/2022 05/02/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $799,000 +52.2% --
12/31/2015 12/31/15 Sold $525,000 +5.2% -- View Prior Sale
11/05/2015 11/05/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $499,000 -- --
Source: Hudson County 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 $13,525 $605,700 $175,300 $430,400
2024 $10,325 $605,700 $175,300 $430,400
2023 $10,325 $459,500 $175,300 $284,200
2022 $9,732 $459,500 $175,300 $284,200
2021 $7,370 $459,500 $175,300 $284,200
2020 $7,398 $459,500 $175,300 $284,200
2019 $7,076 $459,500 $175,300 $284,200
2018 $1,934 $459,500 $175,300 $284,200
2017 $10,140 $130,000 $14,700 $115,300
2016 $10,011 $130,000 $14,700 $115,300
2015 $9,664 $135,800 $14,700 $121,100
2014 $10,095 $135,800 $14,700 $121,100
Source: Public Records

Agents Affiliated with this Home

  • Patrick Southern

    Seller's Agent in 2022

    Patrick Southern

    SERHANT NEW JERSEY LLC

    (862) 621-5850

    52 in this area

    373 Total Sales

    Patrick Southern
    Section Image
  • Saquib Rahim

    Buyer's Agent in 2022

    Saquib Rahim

    COLDWELL BANKER REALTY

    (732) 692-0989

    3 in this area

    64 Total Sales

    Saquib Rahim
    Section Image
  • Rich Maio

    Seller's Agent in 2015

    Rich Maio

    COLDWELL BANKER RESIDENTIAL BROKERAGE

    (201) 736-6253

    4 Total Sales

    Rich Maio
    Section Image
  • Werner Bargsten

    Buyer's Agent in 2015

    Werner Bargsten

    WARREN G CURTIN REALTY INC

    (201) 233-0698

    1 in this area

    8 Total Sales

    Werner Bargsten
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 220006492

Hudson County MLS

APN: 06-06803-0000-00006

New Jersey Hudson County Jersey City 07306 The Heights

145 Palisade Ave, Jersey City, NJ

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Information is deemed reliable but not guaranteed.

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