NOT LISTED FOR SALE

391 Palisade Ave Unit 601 Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,045,000 - $1,528,000

3 Beds
2 Baths
1,631 Sq Ft
$629/mo HOA Fee

Last Sold May 15, 2023

Last sale price $1,360,000 $834 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,788/month

28 Days on Market

Highlights

  • Rooftop Deck
  • River View
  • Wood Flooring
  • Dr Ronald McNair High School Rated A+
  • Property is near a park
  • 5-minute walk to Riverview-Fisk Park

About This Home

As of May 2023

A penthouse atop the Palisades, one that seems to sit eye-level with famed skyscrapers. The home synergizes with New York City, and carries a vibe that’s hard to recreate. You’ll feel it every day. Family and friends will too. The kitchen, couch and both rooftops align with The Greatest City in the World. Vintage Jersey City stands strong to the west. Flow between the views freely. Three bedrooms surround this hub, yours is en suite. Sunlight simply streams in. There are multiple entrances and foyers, which is rare in a condo. And your garaged parking spot is a short elevator ride down. Unit 601 is the pride of Gallery Lofts, a 3 year old, steel and concrete building in blossoming Jersey City Heights.

Last Agent to Sell the Property

Jessica Williams

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP License #0999589 Listed on: 02/22/2023

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP

Last Buyer's Agent

Paul K. Bryant Jr.

COLDWELL BANKER License #0793162

COLDWELL BANKER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,758

Lot Details

  • 7,492

HOA Fees

  • $629 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • River
  • New York

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,631 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rooftop Deck
  • Terrace

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 24.01 / 3901
  • Assessor Parcel Number 90361

Community Details

Overview

  • Association fees include water
  • Gallery Lofts Condos

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,758

Lot Details

0

HOA Fees

$629 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Miscellaneous: New York View, River View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Section: Heights
  • Assessor Parcel Number: 90361
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 6
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 3
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Level1 Number Other: 2
  • Estimated Sq Ft: 1631
  • Price Per Sq Ft: 833.84

Exterior Features

  • Exterior Finish: Block, Brick

Garage/Parking

  • Parking Available: 1 Car, Attached, Covered, Garage

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor, Fireplace, PRIVATE ROOF TOP

Condo/Co-op/Association

  • Common Amenities: Elevator
  • Complex Name: Gallery Lofts
  • Maintenance Fee Includes: Water

Fee Information

  • Monthly Maintenance Fee: 629

Lot Info

  • Geo Address Line: 391 Palisade Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 02/22/2023
  • Geo Zoom Level: 16
  • Lot: 24.01

Rental Info

  • Pets: Y

Tax Info

  • Year: 2022
  • Taxes: 14758

Multi Family

  • Total Number Other: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 28, 2023
Sold by
Burke Thomas and Burke Rebecca
Bought by
Sylada Naga and Pansare Saneel P
Seller's Agent
Jessica Williams
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Buyer's Agent
Paul K. Bryant Jr.
COLDWELL BANKER
List Price
$1,325,000
Sold Price
$1,360,000
Premium/Discount to List
$35,000
2.64%
Views
91
Current Estimated Value
$1,261,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,257
Avg. Annual Appreciation
-1.09%
Original Mortgage
$87,000
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Sylada Naga $1,360,000 Trident Abstract Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sylada Naga $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,360,000 +2.6% $834 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,325,000 -- $812 / Sq Ft
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 $15,560 $696,800 $127,900 $812,700
2024 $15,657 $696,800 $127,900 $812,700
2023 $15,657 $696,800 $0 $0
2022 $14,758 $696,800 $0 $0
2021 $11,177 $696,800 $0 $0
2020 $5,271 $327,400 $127,900 $199,500
Source: Public Records

Agents Affiliated with this Home

  • Jessica Williams

    Seller's Agent in 2023

    Jessica Williams

    Christie's Real Estate Northern NJ

    (518) 578-1104

    5 in this area

    69 Total Sales

    Jessica Williams
    Section Image
  • Paul K. Bryant Jr.

    Buyer's Agent in 2023

    Paul K. Bryant Jr.

    COLDWELL BANKER

    (201) 533-3084

    17 in this area

    129 Total Sales

    Paul K. Bryant Jr.
    Section Image
  • Liza Rogala

    Buyer Co-Listing Agent in 2023

    Liza Rogala

    NEW AND MODERN GROUP LLC

    (201) 725-7854

    4 in this area

    64 Total Sales

    Liza Rogala
    Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 230002940

Hudson County MLS

APN: 06-03901-0000-00024

New Jersey Hudson County Jersey City 07307 The Heights

391 Palisade Ave Unit 601, Jersey City, NJ

This home is located at 391 Palisade Ave Unit 601, Jersey City, NJ 07307 since 22 February 2023 and is currently estimated at $1,261,743, approximately $773 per square foot. 391 Palisade Ave Unit 601 is a home located in Hudson County with nearby schools including Charles E. Trefurt School, William L. Dickinson High School, and Dr Ronald McNair High School.

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