NOT LISTED FOR SALE

220 E Ruby Ave Palisades Park, NJ 07650

Estimated Value: $1,283,000 - $1,554,000

6 Beds
5 Baths
3,360 Sq Ft
$420/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $979,000 $291 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,153/month

19 Days on Market

Highlights

  • 6,251 Sq Ft lot
  • Attached Garage
  • Baseboard Heating
  • Property is near a park
  • Central Air
  • Rectangular Lot

About This Home

As of April 2021

Amazing 2 Family Opportunity For An Investor or Someone To Occupy in Palisades Park! Built on a large lot of 50 x 125. This 2 Family consists of 6 bedrooms and 5 full bathrooms. The top floor consists of a brand new kitchen & new flooring. Washers and dryers are located in the home, and central air condition is included throughout both units. Each unit comes with a garage and two parking spots. Separate electric, gas, & water meters. Walking distance to transit commute. Easy commute to NYC! Come fall in love with this multifamily today!

Last Listed By

Mario Hroncich

Terrie O'Connor Realtors-Main St. Listed on: 01/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,189

Year Built

  • 1985

Lot Details

  • 6,251 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1980s
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 024500727 00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,189

Year Built

1985

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Views/Exposure: None
  • Year Built: 1980's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 15
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Basement: Full Finished Basement, Laundry Room, Full Bathroom
  • Laundry: Basement, Hook Ups, In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick

Garage/Parking

  • Garage: Attached, Park Space

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Cooling: Central Air

Lot Info

  • County Name: BERGEN
  • Locale: 200
  • Lot: 00003
  • Lot Dimensions: 50X125
  • Estimated Lot Sq Ft: 6251
  • Lot Description: Regular

Tax Info

  • Tax: 15189
  • Assessor Parcel Number: 024500727 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Apr 5, 2021
Sold by
Hroncich Nick and Hroncich Maryann
Bought by
Kim Sungjoo and Kim Sunok
Seller's Agent
Mario Hroncich
Terrie O'Connor Realtors-Main St.
Buyer's Agent
Jennifer Noh
Realty 7, LLC
List Price
$979,000
Sold Price
$979,000
Total Days on Market
19
Current Estimated Value
$1,411,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,160
Avg. Annual Appreciation
9.35%
Original Mortgage
$584,000
Outstanding Balance
$533,727
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$877,433

Purchase Details

Closed on
Jul 29, 1993
Sold by
Diadone Corporation
Bought by
Hroncich Nick Aka,Nikolino and Hroncich Nick Hroncich M

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
Kim Sungjoo $979,000 Westcor Land Title Ins Co
Hroncich Nick Aka,Nikolino $342,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sungjoo $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $979,000 0.0% $291 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $979,000 0.0% $291 / Sq Ft
06/29/2019 06/29/19 Rented $2,500 0.0% --
06/18/2019 06/18/19 For Rent $2,500 -- --
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
2024 $15,951 $1,120,900 $513,100 $607,800
2023 $15,613 $1,078,500 $496,300 $582,200
2022 $15,613 $1,014,500 $458,100 $556,400
2021 $15,451 $976,100 $435,000 $541,100
2020 $15,189 $984,400 $430,000 $554,400
2019 $14,848 $730,700 $298,800 $431,900
2018 $14,461 $730,700 $298,800 $431,900
2017 $14,314 $730,700 $298,800 $431,900
2016 $13,891 $730,700 $298,800 $431,900
2015 $13,598 $730,700 $298,800 $431,900
2014 $12,985 $730,700 $298,800 $431,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21001901

New Jersey MLS

APN: 45-00727-0000-00003