NOT LISTED FOR SALE

5 Burr Place Unit 2fl Palisades Park, NJ 07650

Estimated Value: $1,282,616 - $1,691,000

3 Beds
2 Baths
1,725 Sq Ft
$864/Sq Ft Est. Value

About This Home

SPACIOUS, YOUNG & SOUTH FACING 2nd floor UNIT of top and bottom style 2family house. uniquely designed 3 BEDROOM 2bath. extensive use of CROWN MOLDINGS and granite...CLOSETS ARE ALL ORGANIZED WITH BEAUTIFUL WOODEN RODS AND SHELVINGS. WASHER AND DRYER IN THE UNIT. TOP OF THE LINE APPLIANCES.....

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2015
Sold by
Drc Development Corporation
Bought by
Park Sun Dong
Current Estimated Value
$1,489,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$637,539
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$852,115

Purchase Details

Closed on
Sep 12, 2014
Sold by
Kassai Mehdi
Bought by
Drc Development Corp

Purchase Details

Closed on
Feb 28, 2003
Sold by
Vitenzon Michael
Bought by
Chung Yoon H and Sun Wan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.91%

Purchase Details

Closed on
Oct 28, 1998
Sold by
Schmelz Joseph T and Schmelz Margaret W
Bought by
Vitenzon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
6.83%
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
Park Sun Dong $1,080,000 Attorney
Drc Development Corp $330,000 --
Kassai Mehdi $289,000 Fidelity National Title
Chung Yoon H $289,000 --
Vitenzon Michael $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Sun Dong $800,000
Previous Owner Chung Yoon H $231,200
Previous Owner Vitenzon Michael $172,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Rented $3,000 +0.2% --
11/19/2019 11/19/19 Price Changed $2,995 -3.1% --
10/16/2019 10/16/19 Price Changed $3,090 -6.4% --
10/01/2019 10/01/19 Price Changed $3,300 +4.8% --
09/30/2019 09/30/19 Price Changed $3,150 +3.3% --
09/30/2019 09/30/19 Price Changed $3,050 +3.4% --
09/27/2019 09/27/19 Price Changed $2,950 -5.6% --
09/24/2019 09/24/19 Price Changed $3,125 +4.3% --
09/21/2019 09/21/19 Price Changed $2,995 -4.9% --
08/26/2019 08/26/19 Price Changed $3,150 -5.5% --
07/24/2019 07/24/19 For Rent $3,335 -- --

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
2024 $15,599 $1,098,600 $416,000 $682,600
2023 $15,455 $1,054,700 $402,500 $652,200
2022 $15,455 $1,004,200 $382,500 $621,700
2021 $15,333 $968,000 $365,000 $603,000
2020 $15,063 $976,200 $360,000 $616,200
2019 $14,732 $725,000 $257,500 $467,500
2018 $14,348 $725,000 $257,500 $467,500
2017 $14,203 $725,000 $257,500 $467,500
2016 $13,782 $725,000 $257,500 $467,500
2015 $13,492 $282,500 $257,500 $25,000
2014 $8,158 $459,100 $257,500 $201,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gina Seo

    Palisades Park Properties DBA Kaymax Realty, Inc.

    (201) 638-3857

    57 in this area

    80 Total Sales

    Gina Seo
    Section Image
See All Agents

Map

New Jersey Bergen County Palisades Park 07650

5 Burr Place Unit 2fl, Palisades Park, NJ

This home is located at 5 Burr Place Unit 2fl, Palisades Park, NJ 07650 and is currently estimated at $1,489,654, approximately $863 per square foot. 5 Burr Place Unit 2fl 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.

Nearby Homes