R
Seller's Agent in 2025
Rachel Kang
RE/MAX Now
(201) 282-7952
1 Total Sale
SOLD JAN 19, 2025
RENTED APR 27, 2025
259 8th St Palisades Park, NJ 07650
5
Beds
2
Baths
1,554
Sq Ft
2,500
Sq Ft Lot
About This Home
As of January 2025Call Listing Agent Ryan at +1-201-988-4670. Move-in ready two-family home in the desirable Palisades Park, NJ! This beautifully updated property features a newly designed kitchen with quartz countertops, high-end appliances, and abundant natural light. New windows throughout, LED lighting, and a freshly renovated bathroom add modern touches. Partially finished basement. The spacious yard offers great outdoor space, perfect for relaxing or entertaining. Live in one unit and rent out the other, benefiting from Palisades Park's strong rental market. Low Taxes. Conveniently located close to major highways, Broad Avenue, express bus routes, and ferry service to NYC. Ideal for a new home or an investment property. Turn-key multifamily homes are a rare find! Don't miss this opportunity! Call today to schedule a private tour
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,027
Home Design
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Additional Features
- Laundry in unit
- 2,500 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00014 / 00405
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Jan 14, 2025
Sold by
259 8Th Street Llc
Bought by
Park Byunghwan and Ham Yunmi Katie
Seller's Agent
Ryan D'Errico
Century 21 Calabrese Realty
Buyer's Agent
HOMI KIM
RE/MAX Properties Plus
List Price
$779,000
Sold Price
$765,000
Premium/Discount to List
-$14,000
-1.8%
Views
62
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
-$7,442
Avg. Annual Appreciation
-2.15%
Original Mortgage
$612,000
Outstanding Balance
$610,498
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$147,060
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $765,000 | Hudson One Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $612,000 | New Conventional | |
| Previous Owner | $705,000 | FHA | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $35,000 | Unknown | |
| Previous Owner | $22,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2025 04/27/25 | Rented | -- | -- | -- |
| 03/10/2025 03/10/25 | For Rent | $2,800 | +1.8% | -- |
| 01/30/2025 01/30/25 | For Rent | $2,750 | 0.0% | -- |
| 01/19/2025 01/19/25 | Sold | $765,000 | +2.1% | $492 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | Price Changed | $749,000 | -3.9% | $482 / Sq Ft |
| 11/11/2024 11/11/24 | For Sale | $779,000 | -- | $501 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $7,093 | $497,700 | $346,300 | $151,400 |
| 2023 | $7,027 | $479,600 | $335,000 | $144,600 |
| 2022 | $7,027 | $456,600 | $318,800 | $137,800 |
| 2021 | $6,739 | $438,500 | $305,000 | $133,500 |
| 2020 | $6,727 | $436,000 | $300,000 | $136,000 |
| 2019 | $6,927 | $340,900 | $220,000 | $120,900 |
| 2018 | $6,746 | $340,900 | $220,000 | $120,900 |
| 2017 | $6,678 | $340,900 | $220,000 | $120,900 |
| 2016 | $6,481 | $340,900 | $220,000 | $120,900 |
| 2015 | $6,344 | $340,900 | $220,000 | $120,900 |
| 2014 | $6,058 | $340,900 | $220,000 | $120,900 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Kang
-
HOMI KIM
Seller's Agent in 2025
HOMI KIM
RE/MAX
(646) 483-3555
1 in this area
4 Total Sales
-
Ryan D'Errico
Seller's Agent in 2025
Ryan D'Errico
Century 21 Calabrese Realty
(201) 988-4670
3 in this area
144 Total Sales
-
JONG YUN
J
Buyer's Agent in 2025
JONG YUN
(201) 401-7797
8 in this area
43 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24036065
APN: 45-00405-0000-00014
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.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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