$1,495,000 - $1,826,000
RENTED NOV 25, 2024

251 Bellemeade Ave Fort Lee, NJ 07024

4 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $1,550,000

Est. 8% increase in value since last sale

Current estimated payment $10,525/month

Highlights

  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Washer and Dryer
  • Fort Lee High School Rated A

About This Home

As of November 2024

Located on a beautiful tree-lined street between Abbott Blvd and Palisade Ave is this gorgeous lower unit with hardwood floors throughout. This unit features an above ground basement with exclusive use of the backyard and walkout patio, left side of driveway and garage. Great for gatherings this home has a large family room complete with a fireplace, generous living and dining spaces, modern eat-in kitchen, and plenty of bedrooms and bathrooms. New paint, granite countertop appliances, washer and dryer. Great location! Convenient to schools, NYC transportation parks and shopping. Landlord takes care of lawn care. Tenant is responsible for snow removal.

Last Agent to Rent the Property

Brian Haydon

Prominent Properties Sotheby's International Realty-Alpine Listed on: 06/25/2024

Prominent Properties Sotheby's International Realty-Alpine

Last Renter's Agent

Brian Haydon

Prominent Properties Sotheby's International Realty-Alpine Listed on: 06/25/2024

Prominent Properties Sotheby's International Realty-Alpine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,996

Year Built

  • 1926

Lot Details

  • 5,009

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Schools

  • School #1 Elementary School
  • Lewis F. Cole Middle School
  • Fort Lee High School

Utilities

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

Additional Features

  • Washer and Dryer
  • Laundry in Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,996

Year Built

1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • View Type:Pond View: South
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 768-9300
  • MLS Status: Leased - Leased
  • Directions: Palisade Rd /Bellemeade Ave or Abbott Blvd
  • Reso Fireplace Features: 1 Fireplace
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Gas, Zoned
  • Heating: Baseboard, Natural Gas, Hot Water, Zoned

Schools

  • Elementary School: School #1 E.S.
  • High School: Fort Lee H.S.
  • Middle Or Junior School: Lewis F. Cole M.S.
  • Elementary: School #1 E.S.

Lot Info

  • Lot: 00010

MLS Schools

  • High School Text: Fort Lee H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 9, 2023
Sold by
Cheng Tommy Tun and Cheng Janet Yiu
Bought by
Lee Ju Nam
Seller's Agent
Paul Qi
Realtyline
Buyer's Agent
Ju Lee
Prominent Properties Sotheby's International Realty-Alpine
List Price
$1,590,000
Sold Price
$1,550,000
Premium/Discount to List
-$40,000
-2.52%
Views
106
Current Estimated Value
$1,680,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,915
Avg. Annual Appreciation
3.26%
Original Mortgage
$550,000
Outstanding Balance
$534,511
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,146,404

Purchase Details

Closed on
Jun 8, 2004
Sold by
Kavrakis John
Bought by
Cheng Tommy Tun and Cheng Janet Yiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
6.32%
Source: Public Records

Range of Values:

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Average Value
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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
Lee Ju Nam $1,550,000 Mundus Title Agency
Lee Ju Nam $1,550,000 Mundus Title Agency
Cheng Tommy Tun $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ju Nam $550,000
Closed Lee Ju Nam $550,000
Previous Owner Cheng Tommy Tun $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Rented $5,200 0.0% --
06/25/2024 06/25/24 For Rent $5,200 0.0% --
08/24/2023 08/24/23 Rented $5,200 0.0% --
06/23/2023 06/23/23 For Rent $5,200 0.0% --
05/12/2023 05/12/23 Sold $1,550,000 -2.5% -- View Prior Sale
05/01/2023 05/01/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $1,590,000 0.0% --
12/01/2022 12/01/22 Rented $3,700 -1.3% --
10/20/2022 10/20/22 Price Changed $3,750 -3.8% --
09/20/2022 09/20/22 For Rent $3,900 -7.1% --
09/13/2022 09/13/22 Rented $4,200 +7.7% --
09/13/2022 09/13/22 Price Changed $3,900 -7.1% --
08/02/2022 08/02/22 For Rent $4,200 -- --
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 $19,996 $767,000 $385,000 $382,000
2024 $18,976 $767,000 $385,000 $382,000
2023 $19,045 $767,000 $385,000 $382,000
2022 $19,045 $767,000 $385,000 $382,000
2021 $17,986 $767,000 $385,000 $382,000
2020 $18,477 $767,000 $385,000 $382,000
2019 $18,048 $767,000 $385,000 $382,000
2018 $17,626 $767,000 $385,000 $382,000
2017 $17,426 $767,000 $385,000 $382,000
2016 $17,469 $775,000 $393,000 $382,000
2015 $17,066 $775,000 $393,000 $382,000
2014 $16,748 $775,000 $393,000 $382,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24020283

New Jersey MLS

APN: 19-01953-0000-00010