NOT LISTED FOR SALE

245 E Homestead Ave Palisades Park, NJ 07650

Estimated Value: $800,000 - $1,103,000

6 Beds
4 Baths
2,286 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $760,000 $332 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,886/month

100 Days on Market

About This Home

As of September 2023

GREAT INVESTMENT OPPORTUNITY OR LIVE IN ONE FLOOR AND RENT THE OTHER. THIS 50X100 PROPERTY OFFERS 1ST FLOOR WITH 3 BEDROOMS, LIVING ROOM, KITCHEN, 2 FULL BATHROOMS AND EXTRA ROOM CAN BE USED AS 4TH BEDROOM/OFFICE/DEN/PLAYROOM. 2ND FLOOR OFFERS 3 BEDROOMS, LIVING ROOM, KITCHEN, 2 FULL BATHROOMS.BASEMENT WITH LOTS OF STORAGE, LAUNDRY AND AN EXTRA ROOM. SEPARATE LAUNDRY FOR EACH UNIT.2 CAR GARAGE MULTIPLE CARS IN DRIVE-WAY. CLOSE TO NYC TRANSPORTATION, MAIN ROUTES 46,80,4 95,MINUTES AWAY FROM GWB.BEING SOLD AS IS INSPECTIONS FOR INFORMATIONAL PURPOSE ONLY.

Last Agent to Sell the Property

Rosa Santos

Global Real Estate Listed on: 05/10/2023

Last Buyer's Agent

Rosa Santos

Global Real Estate Listed on: 05/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,581

Lot Details

  • 5,001

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in unit
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00011 / 00703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,581

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 886-8700
  • MLS Status: Sold - Sold
  • Directions: Brinkerhoff to 8th to E Homestead
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 9581.0
  • Tax Block: 00703
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Sep 8, 2023
Sold by
Robinson Cruz
Bought by
Homestead 245 Llc
Seller's Agent
Rosa Santos
Global Real Estate
Buyer's Agent
Rosa Santos
Global Real Estate
List Price
$849,000
Sold Price
$760,000
Premium/Discount to List
-$89,000
-10.48%
Views
352
Current Estimated Value
$949,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,571
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Cruz Robinson and Aristizabal Maricela
Bought by
Cruz Robinson

Purchase Details

Closed on
Jul 22, 2008
Sold by
Kim Kyung S
Bought by
Han Choon Hee

Purchase Details

Closed on
Jul 21, 2008
Sold by
Kim Yoon Hee
Bought by
Kim Kyung S

Purchase Details

Closed on
Apr 29, 2008
Sold by
Kim Kyung S and Kim Yoon Hee
Bought by
Kim Yoon Hee

Purchase Details

Closed on
Sep 11, 2007
Sold by
Dinicola Giuseppe and Dinicola Angela
Bought by
Kim Kyung S and Kim Yoon Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,946
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
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
Homestead 245 Llc $760,000 Madison Title
Homestead 245 Llc $760,000 Madison Title
Cruz Robinson -- First American Title
Han Choon Hee -- --
Kim Kyung S -- --
Kim Yoon Hee -- --
Kim Kyung S $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Robinson $55,000
Previous Owner Cruz Robinson $370,367
Previous Owner Kim Kyung S $53,946
Previous Owner Kim Kyung S $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $760,000 -4.9% $332 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $799,000 -5.9% $350 / Sq Ft
06/20/2023 06/20/23 For Sale $849,000 0.0% $371 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $849,000 -- $371 / 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 $10,463 $755,700 $485,000 $270,700
2024 $9,819 $719,100 $462,500 $256,600
2023 $9,714 $663,900 $447,500 $216,400
2022 $9,714 $631,200 $425,000 $206,200
2021 $9,582 $604,900 $405,000 $199,900
2020 $9,315 $603,700 $400,000 $203,700
2019 $8,918 $438,900 $282,500 $156,400
2018 $8,686 $438,900 $282,500 $156,400
2017 $8,598 $438,900 $282,500 $156,400
2016 $8,343 $438,900 $282,500 $156,400
2015 $8,168 $438,900 $282,500 $156,400
2014 $7,799 $438,900 $282,500 $156,400
Source: Public Records

Agents Affiliated with this Home

  • Rosa Santos

    Seller's Agent in 2023

    Rosa Santos

    Global Real Estate

    (201) 403-8728

    2 in this area

    51 Total Sales

    Rosa Santos
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Map

Source: New Jersey MLS

MLS Number: 23013830

New Jersey MLS

APN: 45-00703-0000-00011

New Jersey Bergen County Palisades Park 07650

245 E Homestead Ave, Palisades Park, NJ

This home is located at 245 E Homestead Ave, Palisades Park, NJ 07650 since 10 May 2023 and is currently estimated at $949,571, approximately $415 per square foot. 245 E Homestead 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.

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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