Seller's Agent in 2023
Janet Lee
Prominent Properties Sotheby's International Realty-Ridgewood
(201) 261-8736
1 in this area
15 Total Sales
313 8th St Palisades Park, NJ 07650
Estimated Value: $1,114,000 - $1,639,286
6
Beds
7
Baths
3,700
Sq Ft
$392/Sq Ft
Est. Value
About This Home
As of April 2023Fully Renovated Duplex 2 family brick house with total 6 Bedrooms 5 Bathroom 2 half bathroom, B unit finished ground floor included 2 rooms, full bath, family room door excess to side yard, 2 car garages, throughout hardwood floor, both unit with separate utilities and, central vacuum. This large side by side two families with 3,700 sf living space, and convenient location close to shopping, restaurants, school and worship, bus to New York. This property can be owner occupy or for investment with good income.
Last Agent to Sell the Property
Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 11/25/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,602
Lot Details
- 5,178 Sq Ft Lot
- Lot Dimensions are 52x100
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry in unit
Listing and Financial Details
- Legal Lot and Block 00018 / 00406
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2022
Closed on
Apr 13, 2023
Sold by
Lelo Management Llc
Bought by
Lin Qian and Li Wei
Seller's Agent
Janet Lee
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
rishy tzivin
Coldwell Banker, Fort Lee
List Price
$1,520,000
Sold Price
$1,325,000
Premium/Discount to List
-$195,000
-12.83%
Views
247
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
$124,072
Avg. Annual Appreciation
4.83%
Original Mortgage
$1,060,000
Outstanding Balance
$1,025,421
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$458,282
Purchase Details
Closed on
May 1, 2014
Sold by
Orecchio Len
Purchase Details
Closed on
Jul 24, 1998
Sold by
Romana Nicolo
Bought by
Orecchio Glen
Purchase Details
Closed on
Jul 23, 1998
Sold by
M & R Mason Construction Corp
Bought by
Romana Nicolo
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Qian | $1,325,000 | None Listed On Document | |
| Lin Qian | $1,325,000 | None Listed On Document | |
| -- | -- | -- | |
| Orecchio Glen | $124,000 | -- | |
| Romana Nicolo | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Qian | $1,060,000 | |
| Closed | Lin Qian | $1,060,000 | |
| Previous Owner | Orecchio Glen | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $1,325,000 | -4.7% | $358 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 01/25/2023 01/25/23 | Price Changed | $1,390,000 | -6.7% | $376 / Sq Ft |
| 01/04/2023 01/04/23 | Price Changed | $1,490,000 | -2.0% | $403 / Sq Ft |
| 11/25/2022 11/25/22 | For Sale | $1,520,000 | -- | $411 / 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 |
|---|---|---|---|---|
| 2025 | $17,021 | $1,213,100 | $494,600 | $718,500 |
| 2024 | $15,902 | $1,169,800 | $471,800 | $698,000 |
| 2023 | $15,741 | $1,075,200 | $456,500 | $618,700 |
| 2022 | $15,741 | $1,022,800 | $433,500 | $589,300 |
| 2021 | $15,602 | $985,000 | $413,000 | $572,000 |
| 2020 | $16,262 | $1,053,900 | $408,000 | $645,900 |
| 2019 | $12,903 | $635,000 | $287,500 | $347,500 |
| 2018 | $12,567 | $635,000 | $287,500 | $347,500 |
| 2017 | $13,517 | $690,000 | $287,500 | $402,500 |
| 2016 | $13,117 | $690,000 | $287,500 | $402,500 |
| 2015 | $12,841 | $690,000 | $287,500 | $402,500 |
| 2014 | $12,261 | $690,000 | $287,500 | $402,500 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Lee
-
rishy tzivin
Buyer's Agent in 2023
rishy tzivin
Coldwell Banker, Fort Lee
(201) 446-5700
1 in this area
50 Total Sales
Map
Source: New Jersey MLS
MLS Number: 22041814
APN: 45-00406-0000-00018
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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