NOT LISTED FOR SALE

229 8th St Unit 2nd Flr Palisades Park, NJ 07650

Estimated Value: $1,162,000 - $1,494,000

3 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

About This Home

As of December 2021

This is a renovated 2nd floor unit featuring 3 bedrooms, 2 full bath on one level. There is one parking spot in the driveway. Access to the backyard will for special occasions only. Credit check and employment verification required. No pets.

Last Agent to Rent the Property

Brian Kim

Proper Estates, Inc. Listed on: 11/23/2021

Last Renter's Agent

Eric Suh

Young Star Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,394

Year Built

  • 1977

Lot Details

  • 5,009

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer and Dryer

Schools

  • Lindbergh Elementary School
  • Palisades Pk. Jr/Sr High School

Utilities

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

Community Details

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,394

Year Built

1977

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: See Remarks
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: Cats Prohbtd, Dogs Prohbtd, O/Pets Prohb
  • Co List Office Phone: (201) 242-9000
  • MLS Status: Leased - Leased
  • Directions: E Brinkerhoff to 8th St
  • Reso Fireplace Features: None
  • Year Built Details: 1970's
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1977

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Gas
  • Heating: Baseboard, Natural Gas

Schools

  • Elementary School: Lindbergh E.S.
  • High School: Palisades Pk. Jr/Sr
  • Elementary: Lindbergh E.S.

Lot Info

  • Lot: 00005

MLS Schools

  • High School Text: Palisades Pk. Jr/Sr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2017
Sold by
Leung Tony and Tong Oi Lin
Bought by
Musaj Mivard and Musaj Mentor
Current Estimated Value
$1,282,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,587
Outstanding Balance
$509,467
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$772,847

Purchase Details

Closed on
Jan 20, 2017
Sold by
Leung Tony and Tong Oi Lin
Bought by
Musaj Mivard and Musaj Mentor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,587
Outstanding Balance
$509,467
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$772,847

Purchase Details

Closed on
Apr 8, 2014
Sold by
Ho Tat Ming and Leung Sau Chung
Bought by
Leung Tony and Tong Oi Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Yoon Won S
Bought by
Ho Tat M and Leung Sau C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.4%

Purchase Details

Closed on
Jan 3, 1997
Sold by
Ami Tamar Ben
Bought by
Yoon Won Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.57%
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
Musaj Mivard $785,000 None Available
Musaj Mivard $785,000 None Available
Leung Tony $355,000 --
Ho Tat M $448,000 --
Yoon Won Soon $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musaj Mivard $70,000
Open Musaj Mivard $615,587
Closed Musaj Mivard $615,587
Previous Owner Tong Oi Lin $450,000
Previous Owner Ho Tat M $336,000
Previous Owner Yoon Won Soon $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Rented $3,500 0.0% --
11/23/2021 11/23/21 For Rent $3,500 -- --
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
2025 $15,394 $1,094,900 $485,000 $609,900
2024 $15,055 $1,058,000 $462,500 $595,500
2023 $14,930 $1,017,900 $447,500 $570,400
2022 $14,930 $970,100 $425,000 $545,100
2021 $14,812 $935,100 $405,000 $530,100
2020 $14,552 $943,100 $400,000 $543,100
2019 $14,360 $706,700 $282,500 $424,200
2018 $13,986 $706,700 $282,500 $424,200
2017 $13,178 $672,700 $282,500 $390,200
2016 $12,788 $672,700 $282,500 $390,200
2015 $12,519 $672,700 $282,500 $390,200
2014 $11,954 $672,700 $282,500 $390,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Kim

    Landlord's Agent in 2021

    Brian Kim

    Proper Estates, Inc.

    (201) 298-3558

    43 in this area

    400 Total Sales

    Section Image
  • Eric Suh

    Tenant's Agent in 2021

    Eric Suh

    Young Star Realty, LLC

    (201) 983-3788

    2 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 21045924

New Jersey MLS

APN: 45-00703-0000-00005

New Jersey Bergen County Palisades Park 07650

229 8th St Unit 2nd Flr, Palisades Park, NJ

This home is located at 229 8th St Unit 2nd Flr, Palisades Park, NJ 07650 since 23 November 2021 and is currently priced at $1,316,641. This property was built in 1977. 229 8th St Unit 2nd Flr is a home located in Bergen County with nearby schools including Lindbergh Elementary School, Palisades Park Jr Sr High School, and Notre Dame Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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