NOT LISTED FOR SALE

Atrium Palace Condominiums 1512 Palisade Ave Unit 7A Fort Lee, NJ 07024

Estimated Value: $614,000 - $733,000

3 Beds
2 Baths
-- Sq Ft
6.83 Acres

Last Sold June 16, 2023

Last sale price $545,000

Est. 23% increase in value since last sale

Current estimated payment $4,394/month

106 Days on Market

Highlights

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

About This Home

As of June 2023

Treat yourself to living in the ultimate luxury condominium Fort Lee has to offer. Unit 7-A is a tastefully renovated (1481 sq.ft) 2 plus 1 BR and 2 full bath condo in truly move-in-ready condition. Renovated kitchen, clear ceilings, wood floors & high-end appliances: dishwasher, full-size washer & dryer. Enjoy the sunset views from every room and oversize balcony. The Atrium Palace is a pet-friendly and child-friendly condominium association featuring amenities such as indoor & outdoor pools, 2 LIGHTED TENNIS & 2 LIGHTED PICKLE-BALL courts, basketball court, jogging/walking track, child playground & game rooms, library/card room and NEW fitness room and a dog-walk area. For a taste of luxury living; Please watch the VIRTUAL TOUR!

Last Agent to Sell the Property

Joseph Cervieri

JJC Realty International, Inc. Listed on: 01/10/2023

Last Buyer's Agent

Joseph Cervieri

JJC Realty International, Inc. Listed on: 01/10/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,485

Lot Details

  • 6.83

Parking

  • 1 Car Garage

Interior Spaces

  • Storage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,485

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: 1512 Palisade Avenue at corner of Slocum Way
  • Year Built Details: 1980's,Renovated
  • PropertySubTypeAdditional: Highrise
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Bin/Storage, Lockup, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, 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: 1481

MLS Schools

  • High School Text: Fort Lee H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 15, 2023
Sold by
Jin Wei
Bought by
Sutovic Kristina
Seller's Agent
Joseph Cervieri
JJC Realty International, Inc.
Buyer's Agent
Joseph Cervieri
JJC Realty International, Inc.
List Price
$568,000
Sold Price
$545,000
Premium/Discount to List
-$23,000
-4.05%
Views
300
Current Estimated Value
$672,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,943
Avg. Annual Appreciation
9.07%
Original Mortgage
$345,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Perlov Vitaly
Bought by
Kim Jung and Kim Ok Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.81%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Stam Goemarus A and Stam Marie T
Bought by
Perlov Vitaly and Perlov Tatiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Sutovic Kristina $530,000 Riverview Title
Kim Jung $665,000 --
Perlov Vitaly $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutovic Kristina $345,000
Previous Owner Kim Jung $532,000
Previous Owner Perlov Vitaly $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $545,000 -5.7% --
04/26/2023 04/26/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $578,000 +1.4% --
02/14/2023 02/14/23 Price Changed $570,000 +0.4% --
01/10/2023 01/10/23 For Sale $568,000 -- --
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 $10,167 $390,000 $230,000 $160,000
2024 $9,649 $390,000 $230,000 $160,000
2023 $9,684 $390,000 $230,000 $160,000
2022 $9,684 $390,000 $230,000 $160,000
2021 $9,485 $390,000 $230,000 $160,000
2020 $9,395 $390,000 $230,000 $160,000
2019 $9,177 $390,000 $230,000 $160,000
2018 $8,962 $390,000 $230,000 $160,000
2017 $8,861 $390,000 $230,000 $160,000
2016 $8,791 $390,000 $230,000 $160,000
2015 $8,588 $390,000 $230,000 $160,000
2014 $8,428 $390,000 $230,000 $160,000
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
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About Atrium Palace Condominiums

Map

Source: New Jersey MLS

MLS Number: 23000914

New Jersey MLS

APN: 19-03253-0000-00004-0000-C007A

New Jersey Bergen County Fort Lee 07024

1512 Palisade Ave Unit 7A, Fort Lee, NJ

Not Listed for Sale

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