$1,231,000 - $1,515,389
RENTED AUG 4, 2025

247 7th St Unit 1st Fl Palisades Park, NJ 07650

3 Beds
2 Baths
-- Sq Ft
2003 Built

Highlights

  • Views to the East
  • En-Suite Primary Bedroom
  • Washer and Dryer
  • Recessed Lighting

About This Home

As of August 2025

VERY BRIGHT AND LARGE 2 FAMILY ON THE 1ST FLOOR. CONVENIENTLY CLOSE TO NYC BUS, PARKS, AND SCHOOLS. HARDWOOD FLOOR THROUGHOUT, CENTRAL AC/HEAT, RECESSED LIGHTING, LAUNDRY IN UNIT, TERRACE, 1 GARAGE, USE OF YARD. SMALL DOG MAY BE CONSIDERED.

Last Agent to Rent the Property

Jason Lee

Christie's International Real Estate Group-Fort Lee Listed on: 07/03/2025

Last Renter's Agent

Jason Lee

Christie's International Real Estate Group-Fort Lee Listed on: 07/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,619

Year Built

  • 2003

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Interior Spaces

  • Recessed Lighting
  • Views to the East

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,619

Year Built

2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: East
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: 201-346-0200
  • MLS Status: Leased - Leased
  • Directions: CENTRAL BLVD TO PALISADES BLVD
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2003

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features: Attached

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Tak Michele and Lee Suckmin
Bought by
Kwon Lee J and Kwon Suk K
Current Estimated Value
$1,413,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$749,343
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$664,504

Purchase Details

Closed on
Apr 16, 2014
Sold by
Tak Michelle
Bought by
Lee Suckmin and Tak Christine

Purchase Details

Closed on
Jan 30, 2003
Sold by
Celidonio & Sons Inc
Bought by
Tak Michelle and Tak Joung U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.09%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Lupo Joseph
Bought by
Celedonio & Sons Inc
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
Kwon Lee J $1,390,000 Stewart Title
Kwon Lee J $1,390,000 Stewart Title
Lee Suckmin -- --
Tak Michelle $743,000 --
Celedonio & Sons Inc $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwon Lee J $760,000
Closed Kwon Lee J $760,000
Previous Owner Tak Michelle $370,000
Previous Owner Cristescu Corina $336,000
Previous Owner Tak Michelle $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Rented -- -- --
07/03/2025 07/03/25 For Rent $3,400 +4.6% --
08/29/2022 08/29/22 Rented $3,250 -7.1% --
08/16/2022 08/16/22 Price Changed $3,500 +3.7% --
08/09/2022 08/09/22 For Rent $3,375 0.0% --
08/06/2022 08/06/22 Off Market $3,375 -- --
08/05/2022 08/05/22 For Rent $3,375 -- --
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 $17,619 $1,264,100 $489,800 $774,300
2024 $17,232 $1,210,900 $467,200 $743,700
2023 $17,103 $1,165,100 $452,000 $713,100
2022 $17,103 $1,111,300 $429,300 $682,000
2021 $16,765 $1,058,400 $409,000 $649,400
2020 $16,280 $1,055,100 $404,000 $651,100
2019 $15,325 $754,200 $285,000 $469,200
2018 $14,926 $754,200 $285,000 $469,200
2017 $14,775 $754,200 $285,000 $469,200
2016 $14,337 $754,200 $285,000 $469,200
2015 $14,036 $754,200 $285,000 $469,200
2014 $13,402 $754,200 $285,000 $469,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25023373

New Jersey MLS

APN: 45-00401-0000-00014