NOT LISTED FOR SALE

270 Grand Ave Unit 3B Palisades Park, NJ 07650

Estimated Value: $576,126

2 Beds
2 Baths
1,028 Sq Ft
436 Sq Ft Lot

Last Sold March 17, 2022

Last sale price $470,000 $457 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,699/month

18 Days on Market

About This Home

As of March 2022

Great opportunity to own investment property in Palisades Park, current tenant pays $2600/month until May 2023. Net income $22,325. Newly renovated unit. Both bathrooms were renovated in 2021, new painting, Washer and dryer replaced in 2018, Refrigerator replaced in 2017 and so on. NJ transit express bus to NYC. Broad ave shopping area is a block away. Commuter's dream location. 2 bed, 2 full bath spacious condo offers eat in kitchen, hardwood floor through out, modern bathrooms, washer and dryer in unit comes with 1 attached car garage and 1 outdoor parking space. There are plenty visitor parking spaces. Capitalization of this property is around 4.75% to 5%

Last Agent to Sell the Property

Jung Choi

United Real Estate Listed on: 01/10/2022

United Real Estate

Last Buyer's Agent

Howard Joh

Howard Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,295

Lot Details

  • 436

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,295

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (888) 501-6953
  • MLS Status: Sold - Sold
  • Directions: On Grand ave and W Central blvd
  • Year Built Details: 2000's,Renovated
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 16, 2022
Sold by
Ik Cha Joo and Won Jin
Bought by
Liou Revocable Living Trust
Seller's Agent
Jung Choi
United Real Estate
Buyer's Agent
Howard Joh
Howard Realty
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$576,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,126
Avg. Annual Appreciation
6.08%
Original Mortgage
$352,500
Outstanding Balance
$330,276
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$245,850

Purchase Details

Closed on
Jan 26, 2007
Sold by
Reduce Construction Corp
Bought by
Cha Joo Ik and Kim Jin Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.16%
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
Liou Revocable Living Trust $470,000 American Land Title
Cha Joo Ik $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liou Revocable Living Trust $352,500
Previous Owner Cha Joo Ik $255,000
Previous Owner Kim Jong R $313,196
Previous Owner Peluso David $42,000
Previous Owner Cha Joo Ik $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $470,000 0.0% $457 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $470,000 -- $457 / Sq Ft
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 $6,722 $489,100 $285,000 $204,100
2024 $6,604 $462,000 $262,500 $199,500
2023 $6,555 $446,500 $255,000 $191,500
2022 $6,555 $425,900 $242,500 $183,400
2021 $6,434 $406,200 $227,500 $178,700
2020 $6,295 $408,000 $225,000 $183,000
2019 $7,122 $350,500 $200,000 $150,500
2018 $6,936 $350,500 $200,000 $150,500
2017 $6,866 $350,500 $200,000 $150,500
2016 $6,663 $350,500 $200,000 $150,500
2015 $6,523 $350,500 $200,000 $150,500
2014 $6,228 $350,500 $200,000 $150,500
Source: Public Records

Agents Affiliated with this Home

  • Jung Choi

    Seller's Agent in 2022

    Jung Choi

    United Real Estate

    (917) 528-1202

    1 in this area

    8 Total Sales

    Jung Choi
    Section Image
  • Howard Joh

    Buyer's Agent in 2022

    Howard Joh

    Howard Realty

    (201) 697-8772

    5 in this area

    25 Total Sales

    Howard Joh
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22000967

New Jersey MLS

APN: 45-00202-0000-00007-0000-C003B

New Jersey Bergen County Palisades Park 07650

270 Grand Ave Unit 3B, Palisades Park, NJ

This home is located at 270 Grand Ave Unit 3B, Palisades Park, NJ 07650 since 10 January 2022 and is currently priced at $576,126, approximately $560 per square foot. 270 Grand Ave Unit 3B is a home located in Bergen County with nearby schools including Lindbergh Elementary School, Palisades Park Jr Sr High School, and Notre Dame Academy.

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.

New Jersey MLS 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.

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