NOT LISTED FOR SALE

Atrium Palace Condominiums 1512 Palisade Ave Unit 18C Fort Lee, NJ 07024

Estimated Value: $467,000 - $746,000

1 Bed
1.5 Baths
-- Sq Ft
6.83 Acres

Last Sold August 25, 2023

Last sale price $525,000

Est. 17% increase in value since last sale

Current estimated payment $4,224/month

116 Days on Market

Highlights

  • River Front
  • Storage
  • 4-minute walk to Monument Park
  • Fort Lee High School Rated A
  • En-Suite Primary Bedroom

About This Home

As of August 2023

Welcome to Atrium Palace: NJ's finest condominium featuring spectacular GW Bridge & NYC/north Hudson River Views from every room and your private 111 sq.ft. balcony, accessed from the Living Room and Primary Bedroom. Enter the foyer to a marble guest bath & the large(14'9"x33'6") living/dining rooms with tumbled limestone floors; modern (12'x8') eat-in kitchen w/full-size washer/dryer; a (13'2"x18'6") bedroom boasting three (1 walk-in) closets & en-suite marble 5-fixture bath w/stall shower, jaccuzzi tub, toilet & bidet. Luxury living at its best. Amenities include: indoor & outdoor swimming pools, lighted tennis, pickle-ball & basketball courts, jogging track around the manicured gardens, children's indoor & outdoor recreation facilities. Friendly, professional staff, valet parking. The Atrium is renowned for its outstanding services and as a pet & child-friendly community. Public transportation to NYC is just steps away. Please note: Owner is a Licensed Real Estate Agent.

Last Agent to Sell the Property

Joseph Cervieri

JJC Realty International, Inc. Listed on: 04/15/2023

Last Buyer's Agent

Ghada Abbasi

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,850

Lot Details

  • 6.83

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom

Schools

  • School #1 Elementary School
  • Lewis F. Cole Middle School
  • Fort Lee High School

Additional Features

  • Storage
  • River Front

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,850

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 819-8806
  • MLS Status: Sold - Sold
  • Directions: At the intersection of Palisade & Lemoine Avenues
  • Year Built Details: 1980's,2010's,Renovated
  • PropertySubTypeAdditional: Highrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Bin/Storage, Lockup, Storage
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: Yes
  • Basement Remarks: Lock-up Bin Storage & Garage Space #270
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Transaction Broker, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Schools

  • Elementary School: School #1 E.S.
  • High School: Fort Lee H.S.
  • Middle Or Junior School: Lewis F. Cole M.S.
  • Elementary: School #1 E.S.

Lot Info

  • Lot: 00004
  • Lot Dimensions: 1361 sq.ft.

MLS Schools

  • High School Text: Fort Lee H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Aug 23, 2023
Sold by
Hein Steven and Hein Joann
Bought by
Sakong Myung Hee and Sakong Seung Woo
Seller's Agent
Joseph Cervieri
JJC Realty International, Inc.
Buyer's Agent
Ghada Abbasi
Coldwell Banker, Ridgewood
List Price
$548,800
Sold Price
$525,000
Premium/Discount to List
-$23,800
-4.34%
Views
124
Current Estimated Value
$613,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,595
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Hein Joann
Bought by
Ketive Randy L

Purchase Details

Closed on
Jan 19, 2001
Sold by
Schmidt Michael
Bought by
Hein Steven and Cervieri Joann Hein

Purchase Details

Closed on
May 1, 1996
Sold by
Atrium Palace Syndicate
Bought by
Chung Jae Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.67%
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
Sakong Myung Hee $525,000 Chicago Title
Ketive Randy L $15,000 --
Hein Steven $340,000 --
Hein Steven $340,000 --
Chung Jae Woo $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Michael $247,500
Previous Owner Chung Jae Woo $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $525,000 -4.3% --
08/09/2023 08/09/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $548,800 0.0% --
07/19/2023 07/19/23 Price Changed $548,800 +4.5% --
06/02/2023 06/02/23 Off Market $525,000 -- --
05/08/2023 05/08/23 For Sale $548,000 +4.4% --
05/07/2023 05/07/23 Off Market $525,000 -- --
04/15/2023 04/15/23 For Sale $548,000 -- --
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 $10,558 $405,000 $238,000 $167,000
2024 $10,020 $405,000 $238,000 $167,000
2023 $10,056 $405,000 $238,000 $167,000
2022 $10,056 $405,000 $238,000 $167,000
2021 $9,850 $405,000 $238,000 $167,000
2020 $9,756 $405,000 $238,000 $167,000
2019 $9,530 $405,000 $238,000 $167,000
2018 $9,652 $420,000 $248,000 $172,000
2017 $9,542 $420,000 $248,000 $172,000
2016 $9,467 $420,000 $248,000 $172,000
2015 $9,248 $420,000 $248,000 $172,000
2014 $9,076 $420,000 $248,000 $172,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Cervieri

    Seller's Agent in 2023

    Joseph Cervieri

    JJC Realty International, Inc.

    (201) 819-8806

    12 in this area

    16 Total Sales

    Joseph Cervieri
    Section Image
  • Ghada Abbasi

    Buyer's Agent in 2023

    Ghada Abbasi

    Coldwell Banker, Ridgewood

    (201) 407-6630

    1 in this area

    170 Total Sales

    Ghada Abbasi
    Section Image
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About Atrium Palace Condominiums

Map

Source: New Jersey MLS

MLS Number: 23010885

New Jersey MLS

APN: 19-03253-0000-00004-0000-C018C

New Jersey Bergen County Fort Lee 07024

1512 Palisade Ave Unit 18C, Fort Lee, NJ

This home is located at 1512 Palisade Ave Unit 18C, Fort Lee, NJ 07024 since 15 April 2023 and is currently estimated at $613,595. 1512 Palisade Ave Unit 18C is a home located in Bergen County with nearby schools including Fort Lee High School and Christ the Teacher Academy.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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