NOT LISTED FOR SALE

166 Morningside Ln Unit 2ND FL Palisades Park, NJ 07650

Estimated Value: $1,298,000

2 Beds
1 Bath
-- Sq Ft
7,187 Sq Ft Lot

About This Home

As of July 2023

Very Spacious and bright 2nd floor unit of 2-family home. Entire unit is renovated. Big eat-in kitchen. Large living room. New appliances, and in-unit washer/dryer. Access to one car garage with driveway space.2ninuits away from the bus stop (to NYC). Great location

Last Agent to Rent the Property

Jee Mee Lim

RE/MAX NOW - Palisades Park Listed on: 06/29/2023

Co-Listed By

Phillip Ji

Realty 7, LLC

Last Renter's Agent

Wendy Herzon

Terrie O'Connor Realtors-Main St.

Terrie O'Connor Realtors-Main St.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,016

Year Built

  • 1962

Lot Details

  • 7,187

Parking

  • 1 Car Garage

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,016

Year Built

1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: Cats Prohbtd, Dogs Prohbtd, No
  • Co List Office Phone: (201) 292-7777
  • MLS Status: Leased - Leased
  • Directions: Morningside Ln
  • Reso Fireplace Features: None
  • Year Built Details: 1960's
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1962

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Feng Shuang and Feng Xiaochuan
Bought by
Yoon Sungphil
Current Estimated Value
$1,298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Outstanding Balance
$663,104
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$634,896

Purchase Details

Closed on
Dec 12, 2018
Sold by
Lynx Asset Services Llc
Bought by
Liu Xiaochuan and Feng Shuang

Purchase Details

Closed on
Nov 30, 2018
Sold by
Cureton Anthony
Bought by
Lynx Asset Services Llc

Purchase Details

Closed on
May 22, 2007
Sold by
Kim Yang Duk and Kim Dong Woo
Bought by
Kim Dong Woo and Kim Yang Duk

Purchase Details

Closed on
Feb 28, 2007
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
Yoon Sungphil $1,050,000 Chicago Title
Liu Xiaochuan $600,000 --
Lynx Asset Services Llc -- --
Kim Dong Woo -- --
-- $677,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Sungphil $682,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Rented $2,800 +3.7% --
07/16/2023 07/16/23 Price Changed $2,700 -3.6% --
06/29/2023 06/29/23 For Rent $2,800 -- --
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 $14,016 $996,500 $395,400 $601,100
2024 $10,343 $963,300 $376,900 $586,400
2023 $10,060 $699,300 $363,500 $335,800
2022 $10,060 $653,700 $331,100 $322,600
2021 $7,522 $628,900 $313,700 $315,200
2020 $9,759 $632,500 $308,700 $323,800
2019 $11,353 $558,700 $206,900 $351,800
2018 $11,057 $558,700 $206,900 $351,800
2017 $10,945 $558,700 $206,900 $351,800
2016 $10,621 $558,700 $206,900 $351,800
2015 $10,397 $558,700 $206,900 $351,800
2014 $9,928 $558,700 $206,900 $351,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23020032

New Jersey MLS

APN: 45-00718-0000-00001