NOT LISTED FOR SALE

5 Burr Place Unit 2fl Palisades Park, NJ 07650

Estimated Value: $1,272,000 - $1,526,000

3 Beds
2 Baths
3,332 Sq Ft
$412/Sq Ft Est. Value

About This Home

This home is located at 5 Burr Place Unit 2fl, Palisades Park, NJ 07650 and is currently estimated at $1,373,501, approximately $412 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.

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
$1,373,501

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
$628,990
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$744,511

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

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ICE

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First American

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Quantarium

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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
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

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 $15,985 $1,138,000 $437,000 $701,000
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

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 $1,373,501, approximately $412 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.

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