NOT LISTED FOR SALE

362 Palisade Ave Garfield, NJ 07026

Estimated Value: $751,000 - $945,000

6 Beds
3 Baths
2,580 Sq Ft
$324/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $817,000 $317 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,913/month

165 Days on Market

About This Home

As of April 2024

Well kept top/bottom 2-family home in quiet residential area. Each floor has three bedrooms, bath, balcony, separate heat, electric, gas and central air conditioning The basement area also provides additional living space for the first floor for an extended family or great in-law suite. The basement area has two bedrooms, bath and living room with separate entrance. A three car oversized garage with loft storage provides six parking spaces and completes the property. Both rents are under market. Close to schools, shopping, restaurants, public transportation and parks.

Last Agent to Sell the Property

Thomas Donahue

Bergen Realty Listed on: 11/02/2023

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,343

Lot Details

  • 6,251

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 6,251 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00057 / 00106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,343

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 956-6300
  • MLS Status: Sold - Sold
  • Directions: Outwater Lane to Palisade Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1970's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Remarks: Basement 3 rooms and full Bath laundry

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 6251.0

Tax Info

  • Tax Annual Amount: 16343.0
  • Tax Block: 00106
  • Tax Lot: 00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Apr 9, 2024
Sold by
362 Palisades Avenue Llc
Bought by
Jersey Homestead Llc
Seller's Agent
Thomas Donahue
Bergen Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$879,000
Sold Price
$817,000
Premium/Discount to List
-$62,000
-7.05%
Total Days on Market
165
Views
228
Current Estimated Value
$837,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,164
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Jul 19, 2023
Sold by
Ferhatovic Rifat
Bought by
362 Palisades Avenue Llc

Purchase Details

Closed on
Jan 17, 2006
Sold by
Cosic Steven
Bought by
Ferhatovic Rifat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.33%
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
Jersey Homestead Llc $817,000 Insight Title
362 Palisades Avenue Llc -- None Listed On Document
Ferhatovic Rifat $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferhatovic Rifat $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $817,000 -1.0% $317 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $825,000 -6.1% $320 / Sq Ft
10/02/2023 10/02/23 For Sale $879,000 -- $341 / 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 $16,224 $486,200 $136,300 $349,900
2024 $16,343 $486,200 $136,300 $349,900
2023 $15,536 $498,100 $136,300 $361,800
2022 $15,536 $498,100 $136,300 $361,800
2021 $15,082 $498,100 $136,300 $361,800
2020 $14,754 $498,100 $136,300 $361,800
2019 $14,475 $498,100 $136,300 $361,800
2018 $14,151 $498,100 $136,300 $361,800
2017 $13,902 $498,100 $136,300 $361,800
2016 $13,489 $498,100 $136,300 $361,800
2015 $13,155 $498,100 $136,300 $361,800
2014 $12,806 $498,100 $136,300 $361,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23033877

New Jersey MLS

APN: 21-00106-0000-00057