L
Seller's Agent in 2025
Liz Velasquez
Keller Williams Village Square Realty
(201) 877-8992
3 in this area
10 Total Sales
1502 85th St North Bergen, NJ 07047
7
Beds
3
Baths
--
Sq Ft
2,178
Sq Ft Lot
About This Home
As of December 2025Discover this recently renovated legal 3-family property in North Bergen, perfectly situated near NYC transportation, shopping, restaurants, and parks. This turnkey investment has already passed its 5-year State Inspection (DCA) in 2025, giving buyers peace of mind. All units are registered at market rent, ensuring strong income potential and long-term stability. Two units are currently vacant, offering immediate flexibility for investors to rent at market value or for an owner-occupant to move right in. The remaining unit is on a month-to-month lease, adding further options for future occupancy or rental increases. With low property taxes, a solid rental history, and prime commuter-friendly location, this property presents an excellent opportunity for both seasoned investors looking to expand their portfolio and first-time buyers seeking a multi-family home with income potential.
Last Agent to Sell the Property
Keller Williams Village Square Realty Listed on: 09/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,283
Lot Details
- 2,500 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Legal Lot and Block 22 / 343
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2025
Closed on
Dec 9, 2025
Sold by
Bonilla Javier E and Bonilla Ezequiel A
Bought by
1502 Capital Llc
Seller's Agent
Liz Velasquez
Keller Williams Village Square Realty
Buyer's Agent
Liz Velasquez
Keller Williams Village Square Realty
List Price
$885,000
Sold Price
$905,000
Premium/Discount to List
$20,000
2.26%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,624
Avg. Annual Appreciation
4.32%
Original Mortgage
$678,750
Interest Rate
6.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2023
Sold by
Bonilla Reina
Bought by
Bonilla Javier E and Bonilla Ezequiel A
Purchase Details
Closed on
Nov 16, 2022
Sold by
Sosa Reina
Bought by
Bonilla Javier E and Bonilla Ezequiel A
Purchase Details
Closed on
Jan 7, 2013
Sold by
Sosa Reina and Lopez Luis
Bought by
Bonilla Francisco and Sosa Reina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,900
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2002
Sold by
Caivano Richard and Caivano Elaine
Bought by
Bonilla Francisco and Sosa Reina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $905,000 | Fidelity National Title | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $678,750 | New Conventional | |
| Previous Owner | $272,900 | New Conventional | |
| Previous Owner | $313,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Sold | $905,000 | +2.3% | -- |
| 10/08/2025 10/08/25 | Off Market | $885,000 | -- | -- |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 10/02/2025 10/02/25 | Pending | -- | -- | -- |
| 09/09/2025 09/09/25 | For Sale | $885,000 | -- | -- |
Source: New Jersey MLS
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 | $9,827 | $562,500 | $247,500 | $315,000 |
| 2024 | $9,158 | $562,500 | $247,500 | $315,000 |
| 2023 | $9,158 | $562,500 | $247,500 | $315,000 |
| 2022 | $8,882 | $562,500 | $247,500 | $315,000 |
| 2021 | $7,714 | $131,800 | $50,000 | $81,800 |
| 2020 | $7,555 | $131,800 | $50,000 | $81,800 |
| 2019 | $7,547 | $131,800 | $50,000 | $81,800 |
| 2018 | $7,428 | $131,800 | $50,000 | $81,800 |
| 2017 | $7,290 | $131,800 | $50,000 | $81,800 |
| 2016 | $7,206 | $131,800 | $50,000 | $81,800 |
| 2015 | $6,974 | $131,800 | $50,000 | $81,800 |
| 2014 | $6,906 | $131,800 | $50,000 | $81,800 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Velasquez
Map
Source: New Jersey MLS
MLS Number: 25032606
APN: 08-00343-0000-00022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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