NOT LISTED FOR SALE

507 Palisade Ave Union City, NJ 07087

Estimated Value: $647,000 - $784,000

4 Beds
2 Baths
1,644 Sq Ft
$438/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $650,000 $395 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,638/month

6 Days on Market

Highlights

  • Living Room
  • Sara M. Gilmore Academy Rated A-
  • Dining Room

About This Home

As of September 2021

Highest and best due by Wednesday 7/14 at 5 PM! Amazing opportunity to own in the best neighborhood in Union City! This 2 family home is located in prime downtown Union City. The parlor level unit features an open living layout, a deck overlooking the large backyard, and a front porch perfect for relaxing with a morning cup of coffee or after work drink. The second floor of this unit is composed of two large bedrooms with a Jack and Jill bathroom as well as a 3rd room that can be used as a bedroom or very large walk in closet. The one bedroom ground floor unit can be rented out to lower your monthly costs, used as an in-law suite or used just for some more living space. New siding was installed just last year. Located just a few blocks from the light rail station, beautiful Washington Park, and the community pool. Bus stops to NYC are just across the street and you can be in Manhattan in 20 minutes, making this an ideal spot for commuters. Park your car in the private driveway or rent out the space for extra income. The possibilities of this property are endless

Last Agent to Sell the Property

ANDREW TRASS

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP License #1650032 Listed on: 07/09/2021

Last Buyer's Agent

Jason Ma

REALTY ONE GROUP PORTFOLIO License #0897524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,842

Lot Details

  • 2,483

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,842

Lot Details

0

Listing Details

  • Class: 2-4 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 428
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 4
  • Basement: Walk-Out
  • Total Living Rooms: 2
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Dining Room: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: Gas

Lot Info

  • Geo Address Line: 507 Palisade Ave
  • Geo Primary City: Union City
  • Geo Quality: 0.95

Tax Info

  • Taxes: 9842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 8, 2021
Sold by
Austin James
Bought by
Benjohnrealestate Llc
Seller's Agent
ANDREW TRASS
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Buyer's Agent
Jason Ma
REALTY ONE GROUP PORTFOLIO
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Current Estimated Value
$719,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,879
Avg. Annual Appreciation
2.46%
Original Mortgage
$515,000
Outstanding Balance
$468,612
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$251,267

Purchase Details

Closed on
Feb 19, 2008
Sold by
Mansilla Carlos and Mansilla Ana
Bought by
Austin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2005
Sold by
Mansilla Carlos
Bought by
Mansilla Carlos and Mansilla Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1995
Sold by
Goldin Lorraine A and Pedoto Carol M
Bought by
Mansilla Carlos
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benjohnrealestate Llc $650,000 Cst
Benjohnrealestate Llc $650,000 None Listed On Document
Austin James $430,000 None Available
Mansilla Carlos -- New Vision Title Agency Llc
Mansilla Carlos $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjohnrealestate Llc $515,000
Closed Benjohnrealestate Llc $515,000
Previous Owner Austin James $430,000
Previous Owner Mansilla Carlos $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $650,000 +8.3% $395 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $600,000 -- $365 / 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 $10,035 $555,000 $307,500 $247,500
2024 $10,217 $543,000 $300,000 $243,000
2023 $10,217 $132,900 $85,500 $47,400
2022 $9,849 $132,900 $85,500 $47,400
2021 $9,815 $132,900 $85,500 $47,400
2020 $9,703 $132,900 $85,500 $47,400
2019 $9,440 $132,900 $85,500 $47,400
2018 $9,263 $132,900 $85,500 $47,400
2017 $9,175 $132,900 $85,500 $47,400
2016 $9,157 $132,900 $85,500 $47,400
2015 $8,999 $132,900 $85,500 $47,400
2014 $8,803 $132,900 $85,500 $47,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ANDREW TRASS

    CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP

    Section Image
  • Jason Ma

    Buyer's Agent in 2021

    Jason Ma

    REALTY ONE GROUP PORTFOLIO

    (201) 314-1188

    2 in this area

    22 Total Sales

    Jason Ma
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 210016481

Hudson County MLS

APN: 10-00025-0000-00004

New Jersey Hudson County Union City 07087

507 Palisade Ave, Union City, NJ

Not Listed for Sale

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.

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