NOT LISTED FOR SALE

166 Morningside Ln Palisades Park, NJ 07650

Estimated Value: $1,457,000

5 Beds
4 Baths
3,866 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $1,050,000 $272 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,931/month

56 Days on Market

About This Home

As of May 2023

Over size corner lots 50*144, low tax, three car garages, fully renovated and spaciouse two families house located in one of the best area and near the border of Fort Lee. Open floor plan with hardwood floor, renovated kitchens and bathrooms, Newer Appliances, fullly and finished basement,Bright Sunroom, and balcony, etc. Perfect house for the owner occupy one floor and makes good rental incomes to pay your morgage.

Last Agent to Sell the Property

Hongjuan An

Prominent Properties Sotheby's International Realty-Englewood Cliffs Listed on: 01/30/2023

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Last Buyer's Agent

Jee Mee Lim

RE/MAX NOW - Palisades Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,962

Lot Details

  • 7,200

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 7,200 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00001 / 00718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,962

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-592-1400
  • MLS Status: Sold - Sold
  • Directions: google map
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Remarks: FullBath, RecreationRm, LaundryRm, UtilityRm

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 50*144
  • Lot Size Sq Ft: 7200.0

Tax Info

  • Tax Annual Amount: 9962.0
  • Tax Block: 00718
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 8, 2023
Sold by
Feng Shuang and Feng Xiaochuan
Bought by
Yoon Sungphil
Seller's Agent
Hongjuan An
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Jee Mee Lim
RE/MAX NOW - Palisades Park
List Price
$1,049,000
Sold Price
$1,050,000
Premium/Discount to List
$1,000
0.1%
Views
146
Current Estimated Value
$1,457,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,000
Avg. Annual Appreciation
7.31%
Original Mortgage
$682,500
Outstanding Balance
$664,585
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$570,415

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,250
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Previous Owner Fang Shuang $174,750
Previous Owner Feng Shuang $530,000
Previous Owner Kim Yang Duk $474,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $1,050,000 +0.1% $272 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $1,049,000 -- $271 / Sq Ft
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: 23002725

New Jersey MLS

APN: 45-00718-0000-00001