NOT LISTED FOR SALE

2500 Hudson Terrace Unit 2N Fort Lee, NJ 07024

Estimated Value: $589,000 - $756,444

2 Beds
2.5 Baths
2,320 Sq Ft
$975/mo HOA Fee

Last Sold September 21, 2023

Last sale price $615,000 $265 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,005/month

73 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring
  • Fort Lee High School Rated A
  • Property is near a park
  • Terrace

About This Home

As of September 2023

ELEGANT AND MODERN CONDO IN DESIRABLE AREA OF FORT LEE. THIS EXQUISITE CONDO OFFERS DIRECT ELEVATOR-TO-RESIDENCE ACCESS, ENTER THE ELEGANT FOYER TO LARGE AIRY AND BRIGHT LIVING ROOM, 1/2 BATH, 3 TERRACE WITH PANORAMIC VIEWS OF THE PALISADES. THE DINING ROOM FACES THE LARGE GOURMET KITCHEN WITH ALL STAINLESS STEEL APPLIANCE AND LOTS OF KITCHEN CABINETS, PRIVATE LAUNDRY ROOM, SERVICE ENTRANCE AND ADDITIONAL ENTRANCE FROM THE ELEVATOR. THE PRIMARY BEDROOM SUITE IS SERENE AND PRIVATE, EQUIPPED WITH A PRIVATE TERRACE, 2 WALK-IN-CLOSET AND A SPA-LIKE BATHROOM SUITE WITH LARGE JACUZZI, SHOWER AND YOUR OWN SAUNA. THE 2ND BEDROOM OFFERS A FULL BATH AND ENTRANCE TO THE ENCLOSED TERRACE. UNIT COMES WITH 1 INDOOR GARAGE, 1 OUTDOOR SPACE AND A LARGE STORAGE ROOM. LOCATED IN THE COYTESVILLE SECTION OF FORT LEE. WALKNG DISTANCE TO NJ TRANSIT BUSES, MOVIE THEATER, PARKS, SCHOOLS, SHOPS, RESTAURANTS AND ONLY 3 MINUTES TO GEORGE WASHINGTON BRIDGE. COME SEE IT TODAY!

Last Agent to Sell the Property

Alicia Escano

REMAX SELECT License #0234618 Listed on: 05/09/2023

REMAX SELECT

Last Buyer's Agent

Howard Goldberg

DOUGLAS ELLIMAN OF NJ LLC License #8810274

DOUGLAS ELLIMAN OF NJ LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,403

Year Built

  • 1982

Lot Details

  • 0.26

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Terrace

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: TBA
  • Legal Lot and Block 00009 / 07159

Community Details

Overview

  • Association fees include parking
  • Gem Association, Phone Number (973) 785-0441
  • The Terrace Condos

Amenities

  • Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,403

Year Built

1982

Lot Details

0

HOA Fees

$975 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level
  • Exclusions: TBA
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Floor Number: 2ND
  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Oven/Range Electric
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 9
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 2 Number Bedrooms: 2
  • Level 2 Number Dining Rooms: 1
  • Level 2 Full Bathrooms: 2
  • Level 2 Half Bathrooms: 1
  • Level2 Number Kitchens: 1
  • Level 2 Number Living Rooms: 1
  • Level2 Number Other: 4
  • Estimated Sq Ft: 2320
  • Price Per Sq Ft: 265.09

Exterior Features

  • Exterior Finish: Brick, Stone, Stucco

Garage/Parking

  • Parking Available: 2 Cars, Garage

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Baseboard, Electric

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor, Fireplace
  • Management Company: GEM

Condo/Co-op/Association

  • Common Amenities: Elevator, Exercise Room, Storage
  • Complex Name: THE TERRACE
  • Maintenance Fee Includes: Parking
  • Management Contact Info: 973-785-0441

Fee Information

  • Monthly Maintenance Fee: 975

Lot Info

  • Geo Address Line: 2500 Hudson Ter
  • Geo Primary City: Fort Lee
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/09/2023
  • Geo Zoom Level: 16
  • Lot: 00009

Tax Info

  • Taxes: 12403

Multi Family

  • Total Number Other: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Dec 31, 2018
Sold by
Hunter Kelvin
Bought by
Polanco Elsa B and Polanco Carlos A
Seller's Agent
Halley Natkin
Coldwell Banker, Fort Lee
Buyer's Agent
Alicia Escano
RE/MAX SELECT - Fort Lee
List Price
$478,000
Sold Price
$445,000
Premium/Discount to List
-$33,000
-6.9%
Total Days on Market
73
Current Estimated Value
$711,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,611
Avg. Annual Appreciation
7.55%
Source: Public Records

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Range of Values:

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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
Polanco Elsa B $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Kelvin $417,000
Previous Owner Park Jay $287,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $615,000 -6.7% $265 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $659,000 +48.1% $284 / Sq Ft
12/31/2018 12/31/18 Sold $445,000 -6.9% --
11/29/2018 11/29/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $478,000 -- --
Source: Hudson County 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
2024 $12,617 $510,000 $306,000 $204,000
2023 $12,663 $510,000 $306,000 $204,000
2022 $12,663 $510,000 $306,000 $204,000
2021 $12,403 $510,000 $306,000 $204,000
2020 $12,286 $510,000 $306,000 $204,000
2019 $12,000 $510,000 $306,000 $204,000
2018 $11,720 $510,000 $306,000 $204,000
2017 $11,587 $510,000 $306,000 $204,000
2016 $11,495 $510,000 $306,000 $204,000
2015 $11,230 $510,000 $306,000 $204,000
2014 $11,021 $510,000 $306,000 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230007574

Hudson County MLS

APN: 19-07159-0000-00009-0000-C002N