NOT LISTED FOR SALE

503 Palisade Ave Union City, NJ 07087

Estimated Value: $706,000 - $773,803

5 Beds
3 Baths
2,435 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $650,000 $267 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,837/month

77 Days on Market

About This Home

As of May 2024

COMMUTER'S DREAM!!! TREMENDOUS OPPORTUNITY TO OWN OR INVEST IN THIS THREE FAMILY HOME IDEALLY LOCATED NEAR TO THE LINCOLN TUNNEL BY HOBOKEN WEST.THE APARTMENTS HAVE OPEN CONCEPT LAYOUTS- JUST BRING YOUR IDEAS TO UPDATE. THE HOME FEATURES 5 BEDROOMS, 3 FULL BATHROOMS. 1ST FLOOR HAS ONE BEDROOM ,W DINING & LIVING COMBO WITH A SM YARD AND THE TWO APARTMENTS UPSTAIRS EACH OFFER TWO BEDROOMS,KIT, 1 BATH, LIVING & DINING COMBO WITH SM. BALCONIES THAT OFFER PARTIAL VIEWS OF NYC.UNIT 2 and 3 HAVE IDENTICAL FLOOR PLANS.THE BEST PART IS THAT THIS EXCELLENT PROPERTY HAS A 1 CAR GARAGE AND IS IDEAL TO COMMUTE TO NYC.

Last Agent to Sell the Property

Yamilet Sanchez-Nunez

Coldwell Banker, Alpine/Closter Listed on: 12/27/2023

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,070

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 25x60

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00002 / 00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,070

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 894-8004
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Architectural Style: 3 Family
  • Year Built Details: 1970's,Build Prior to 1978
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: No basement

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Dimensions: 25x60
  • Lot Size Sq Ft: 1500.0

Tax Info

  • Tax Annual Amount: 12070.0
  • Tax Block: 00025
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
May 6, 2024
Sold by
Tyrrell Niall and Debianchi Victor P
Bought by
Gershoni Shira
Seller's Agent
Yamilet Sanchez-Nunez
Coldwell Banker, Alpine/Closter
Buyer's Agent
Outside Agent
Outside Office
List Price
$949,000
Sold Price
$650,000
Premium/Discount to List
-$299,000
-31.51%
Views
110
Current Estimated Value
$693,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,672
Avg. Annual Appreciation
5.57%
Original Mortgage
$375,000
Outstanding Balance
$347,385
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$346,287

Purchase Details

Closed on
Apr 9, 2008
Sold by
Tyrrell Niall F and Tyrrell Luz
Bought by
Tyrrell Niall F and Tyrrell Luz
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
Gershoni Shira $650,000 Commonwealth Land Title
Gershoni Shira $650,000 Commonwealth Land Title
Tyrrell Niall F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gershoni Shira $375,000
Closed Gershoni Shira $375,000
Previous Owner Bryer Janice $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $650,000 -26.1% $267 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/24/2024 02/24/24 Price Changed $879,000 -7.4% $361 / Sq Ft
12/27/2023 12/27/23 For Sale $949,000 -- $390 / 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
2024 $12,070 $583,400 $237,000 $346,400
2023 $12,070 $157,000 $68,400 $88,600
2022 $11,635 $157,000 $68,400 $88,600
2021 $11,594 $157,000 $68,400 $88,600
2020 $11,463 $157,000 $68,400 $88,600
2019 $11,152 $157,000 $68,400 $88,600
2018 $10,943 $157,000 $68,400 $88,600
2017 $10,839 $157,000 $68,400 $88,600
2016 $10,817 $157,000 $68,400 $88,600
2015 $10,230 $157,000 $68,400 $88,600
2014 $10,002 $157,000 $68,400 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23038088

New Jersey MLS

APN: 10-00025-0000-00002