240B Commercial Ave Palisades Park, NJ 07650
Estimated Value: $884,000 - $988,000
--
Bed
--
Bath
2,144
Sq Ft
$438/Sq Ft
Est. Value
About This Home
This home is located at 240B Commercial Ave, Palisades Park, NJ 07650 and is currently estimated at $939,585, approximately $438 per square foot. 240B Commercial Ave is a home located in Bergen County with nearby schools including Lindbergh Elementary School, Palisades Park Jr Sr High School, and Notre Dame Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 7, 2021
Sold by
Choi Young and Choi Byung W
Bought by
Lee Kap S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$465,813
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$468,266
Purchase Details
Closed on
Oct 3, 2005
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lee Kap S | $720,000 | Stewart Title | |
-- | $550,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lee Kap S | $490,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,920 | $785,500 | $361,900 | $423,600 |
2024 | $10,714 | $750,500 | $344,300 | $406,200 |
2023 | $10,614 | $724,400 | $334,300 | $390,100 |
2022 | $10,614 | $689,700 | $315,900 | $373,800 |
2021 | $10,231 | $645,900 | $299,900 | $346,000 |
2020 | $10,309 | $668,100 | $294,900 | $373,200 |
2019 | $9,855 | $485,000 | $215,000 | $270,000 |
2018 | $9,598 | $485,000 | $215,000 | $270,000 |
2017 | $9,501 | $485,000 | $215,000 | $270,000 |
2016 | $9,220 | $485,000 | $215,000 | $270,000 |
2015 | $9,026 | $485,000 | $215,000 | $270,000 |
2014 | $8,618 | $485,000 | $215,000 | $270,000 |
Source: Public Records
Map
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