NOT LISTED FOR SALE

223 E Central Blvd Palisades Park, NJ 07650

Estimated Value: $1,314,000 - $1,412,000

5 Beds
3 Baths
3,116 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,169,050 $375 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,216/month

19 Days on Market

About This Home

As of February 2024

WELCOME TO THIS CHARMING, ALL-BRICK, 2-FAMILY HOUSE WITH A COVETED SOUTH-FACING ORIENTATION. THREE BEDROOM IS RECENTLY REFRESHED WITH A FRESH COAT OF PAINT, THIS HOME SHOWCASES MODERN UPGRADES, FEATURING A BRAND-NEW DISHWASHER, STOVE, MICROWAVE, AND A REMODELED KITCHEN WITH REFINISHED HARDWOOD FLOORS. THE MASTER BATHROOM HAS BEEN TASTEFULLY RENOVATED, ADDING A TOUCH OF LUXURY, WHILE THE ENTIRE LIVING SPACE IS BATHED IN NATURAL LIGHT FROM NEWLY INSTALLED RECESSED LIGHTS. TWO-BEDROOM PICTURES REFER TO NJMLS #23028678. THE TENANT HAS A ONE-YEAR LEASE ENDING ON 10/24 WITH A MONTHLY RENT OF $2,500 THE ROOF WAS REPLACED IN JUNE 2019. EACH APARTMENT HAS ITS OWN SEPARATE UTILITIES, AND THE AIR CONDITIONING UNITS WERE UPGRADED IN JULY 2016, ENHANCING THE OVERALL COMFORT OF THE LIVING SPACES. THIS RESIDENCE COMBINES FUNCTIONALITY WITH STYLE, OFFERING A MODERN LIVING EXPERIENCE IN A WELL-MAINTAINED PROPERTY. DON'T MISS THE OPPORTUNITY TO MAKE THIS YOUR NEW HOME!

Last Agent to Sell the Property

Jae Kim

RE/MAX NOW - Norwood Listed on: 12/15/2023

Last Buyer's Agent

Emilia Coronado

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,194

Lot Details

  • 5,001

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00021 / 00402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,194

Lot Details

5,001 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Sold - Sold
  • Directions: Broad to East Central or Palisade/Anderson Avenue to East Central
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: LAUNDRY, UTILITIES

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 13194.0
  • Tax Block: 00402
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 2, 2024
Sold by
Kim Young Hee
Bought by
Polanco Christian
Seller's Agent
Jae Kim
RE/MAX NOW - Norwood
Buyer's Agent
Emilia Coronado
Keller Williams Village Square Realty
List Price
$1,135,000
Sold Price
$1,169,050
Premium/Discount to List
$34,050
3%
Views
24
Current Estimated Value
$1,360,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,415
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,147,875
Outstanding Balance
$1,128,351
Interest Rate
7.88%
Mortgage Type
FHA
Estimated Equity
$232,114

Purchase Details

Closed on
Aug 29, 2013
Sold by
Yoon Chung Ae and Yoon Chris W
Bought by
Kim John K and Kim Rosa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2001
Sold by
Schnitzeel Eleanor C
Bought by
Yoon Chung A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.18%
Source: Public Records
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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
Polanco Christian $1,169,050 Sunnyside Title
Kim John K $580,000 --
Yoon Chung A $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polanco Christian $1,147,875
Previous Owner Kim John K $417,000
Previous Owner Yoon Chung A $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $1,169,050 +3.0% $375 / Sq Ft
12/15/2023 12/15/23 For Sale $1,135,000 +23.6% $364 / Sq Ft
06/17/2022 06/17/22 Sold $918,000 +33900.0% $295 / Sq Ft View Prior Sale
05/20/2022 05/20/22 Pending -- -- --
12/28/2021 12/28/21 Rented $2,700 0.0% --
12/24/2021 12/24/21 Price Changed $918,900 0.0% $295 / Sq Ft
12/07/2021 12/07/21 For Rent $2,700 0.0% --
10/22/2021 10/22/21 Price Changed $899,000 -5.4% $289 / Sq Ft
06/09/2021 06/09/21 For Sale $950,000 -- $305 / Sq Ft
Source: New Jersey MLS

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 $13,641 $1,014,100 $460,800 $553,300
2024 $13,641 $937,500 $439,400 $498,100
2023 $13,666 $919,300 $425,100 $494,200
2022 $13,666 $888,000 $403,800 $484,200
2021 $13,195 $833,000 $384,800 $448,200
2020 $12,949 $839,200 $380,000 $459,200
2019 $10,831 $533,000 $268,400 $264,600
2018 $10,548 $533,000 $268,400 $264,600
2017 $10,441 $533,000 $268,400 $264,600
2016 $10,132 $533,000 $268,400 $264,600
2015 $9,919 $533,000 $268,400 $264,600
2014 $11,103 $624,800 $268,400 $356,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23037544

New Jersey MLS

APN: 45-00402-0000-00021

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