NOT LISTED FOR SALE

3508 Palisade Ave Union City, NJ 07087

Estimated Value: $478,000 - $730,000

3 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold November 24, 2020

Last sale price $449,000

Est. 39% increase in value since last sale

Current estimated payment $4,128/month

Highlights

  • Colonial Architecture
  • Living Room
  • 4-minute walk to Juan Pablo Duarte Park
  • Sara M. Gilmore Academy Rated A-
  • Dining Room

About This Home

As of November 2020

Amazing opportunity to purchase an income producing property just minutes from the NYC. This home is perfect for a first time buyer or investor. The 2 family home has updated kitchens, new bathrooms and shared laundry in the basement. The building also has separate entrances for the ultimate privacy for both units. The oversized backyard is perfect as a shared space or if you are looking to expand the current footprint of the building which on a 25 x 100 lot. This property is ideally located near public transportation and all major highways. A must see!

Last Agent to Sell the Property

Charles Rubenstein

COMPASS NEW JERSEY, LLC License #1111287 Listed on: 09/10/2020

COMPASS NEW JERSEY, LLC

Co-Listed By

Farah Alli

COMPASS NEW JERSEY, LLC License #0228534

Last Buyer's Agent

Kenneth DeGrave

COMPASS NEW JERSEY, LLC License #0792525

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,232

Lot Details

  • Lot Dimensions are 25 x 100

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00004 / 00211
  • Assessor Parcel Number 5257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,232

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Exclusions: All personal property
  • Inclusions: Washer/Dryer, 2 stoves, 2 fridges, 2 dishwashers
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 5257
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 3
  • Basement: Unfinished
  • Total Living Rooms: 2
  • First Floor Bedrooms: 1
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: owner
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: $1800

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: A/C Window, Gas, Radiators

Lot Info

  • Geo Address Line: 3508 Palisade Ave
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Lot: 00004
  • Lot Size: 25 x 100

Tax Info

  • Taxes: 9232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 20, 2020
Sold by
Hines Michael and Brennan Brady Jean
Bought by
Elshami Nancy and Peng Ziyou
Seller's Agent
Charles Rubenstein
COMPASS NEW JERSEY, LLC
Buyer's Agent
Kenneth DeGrave
COMPASS NEW JERSEY, LLC
List Price
$429,000
Sold Price
$449,000
Premium/Discount to List
$20,000
4.66%
Current Estimated Value
$625,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,215
Avg. Annual Appreciation
6.95%
Original Mortgage
$336,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2016
Sold by
Townsend Arlene J and Townsend Martin P
Bought by
Hines Michael and Brenan Brady Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,284
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2011
Sold by
Visci Vincent J and Visci Jo Anne
Bought by
Townsend Arlene J and Townsend Martin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elshami Nancy $449,000 Foundation Ttl Llc Roseland
Elshami Nancy $449,000 Fidelity National Title
Hines Michael $299,000 Lt National Title Services
Brennan Brady Jean $299,000 Lt National Title Services
Townsend Arlene J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elshami Nancy $336,750
Previous Owner Brennan Brady Jean $310,284
Previous Owner Townsend Arlene J $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $449,000 +4.7% --
09/12/2020 09/12/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $429,000 -- --
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
2025 $10,256 $567,200 $276,800 $290,400
2024 $10,363 $555,000 $270,000 $285,000
2023 $10,363 $134,800 $95,000 $39,800
2022 $9,990 $134,800 $95,000 $39,800
2021 $9,955 $134,800 $95,000 $39,800
2020 $9,842 $134,800 $95,000 $39,800
2019 $9,575 $134,800 $95,000 $39,800
2018 $9,396 $134,800 $95,000 $39,800
2017 $9,307 $134,800 $95,000 $39,800
2016 $9,288 $134,800 $95,000 $39,800
2015 $9,127 $134,800 $95,000 $39,800
2014 $8,929 $134,800 $95,000 $39,800
Source: Public Records

Agents Affiliated with this Home

  • Charles Rubenstein

    Seller's Agent in 2020

    Charles Rubenstein

    COMPASS NEW JERSEY, LLC

    (410) 530-3196

    7 in this area

    103 Total Sales

    Charles Rubenstein
    Section Image
  • Farah Alli

    Seller Co-Listing Agent in 2020

    Farah Alli

    COMPASS NEW JERSEY, LLC

    (201) 994-9244

    11 in this area

    132 Total Sales

    Farah Alli
    Section Image
  • Kenneth DeGrave

    Buyer's Agent in 2020

    Kenneth DeGrave

    COMPASS NEW JERSEY, LLC

    (917) 846-2177

    4 in this area

    53 Total Sales

    Kenneth DeGrave
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 202020054

Hudson County MLS

APN: 10-00211-0000-00004

New Jersey Hudson County Union City 07087

3508 Palisade Ave, Union City, NJ

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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes