Seller's Agent in 2025
John Kao
Realty International Inc.
(201) 873-6886
13 in this area
27 Total Sales
2463 2nd St Fort Lee, NJ 07024
7
Beds
5
Baths
--
Sq Ft
--
Built
About This Home
As of May 2025This exceptional 2-family property offers an outstanding opportunity for investors looking for a stable, income-generating asset. Located just steps away from Elementary School #3, this well-maintained home features spacious living arrangements and strong rental potential, making it an ideal addition to your portfolio. Each unit consists of 3 bedrooms, 2 full bath, along with their own garage space, and washer / dryer located in the garage. With both units fully leased, the property offers a solid 4.2% capitalization rate, ensuring consistent cash flow for the investor. There is a bonus bedroom, full bath and living area in the basement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,302
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Additional Features
- Laundry in Basement
- Lot Dimensions are 62x100
Listing and Financial Details
- Legal Lot and Block 00003 / 07051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2025
Closed on
May 12, 2025
Sold by
Lee A Nan
Bought by
Wang Jinhong
Seller's Agent
John Kao
Realty International Inc.
Buyer's Agent
Hongjuan An
Prominent Properties Sotheby's International Realty-Englewood Cliffs
List Price
$1,390,000
Sold Price
$1,470,000
Premium/Discount to List
$80,000
5.76%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,415
Avg. Annual Appreciation
-1.02%
Purchase Details
Closed on
May 8, 2003
Sold by
Tsui Li Norman
Bought by
Chen Lee A and Chen Shu Wuan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.84%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,470,000 | None Listed On Document | |
| Bargain Sale Deed | $1,470,000 | None Listed On Document | |
| Deed | $685,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $285,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $1,470,000 | +5.8% | -- |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | Off Market | $1,390,000 | -- | -- |
| 02/04/2025 02/04/25 | For Sale | $1,390,000 | -- | -- |
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 | $19,302 | $740,400 | $384,000 | $356,400 |
| 2024 | $18,317 | $740,400 | $384,000 | $356,400 |
| 2023 | $18,384 | $740,400 | $384,000 | $356,400 |
| 2022 | $18,384 | $740,400 | $384,000 | $356,400 |
| 2021 | $18,007 | $740,400 | $384,000 | $356,400 |
| 2020 | $17,836 | $740,400 | $384,000 | $356,400 |
| 2019 | $17,422 | $740,400 | $384,000 | $356,400 |
| 2018 | $17,014 | $740,400 | $384,000 | $356,400 |
| 2017 | $16,822 | $740,400 | $384,000 | $356,400 |
| 2016 | $16,689 | $740,400 | $384,000 | $356,400 |
| 2015 | $16,304 | $740,400 | $384,000 | $356,400 |
| 2014 | $16,000 | $740,400 | $384,000 | $356,400 |
Source: Public Records
Agents Affiliated with this Home
-
John Kao
-
Hongjuan An
Buyer's Agent in 2025
Hongjuan An
Prominent Properties Sotheby's International Realty-Englewood Cliffs
(551) 574-3228
35 in this area
65 Total Sales
Map
Source: New Jersey MLS
MLS Number: 25001697
APN: 19-07051-0000-00003
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.
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.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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