NOT LISTED FOR SALE

509 Palisade Ave Unit 1 Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,095,000 - $1,230,000

2 Beds
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

Highlights

  • Views of New York
  • Property is near a park
  • Intercom
  • Dr Ronald McNair High School Rated A+
  • Wood Flooring
  • 2-minute walk to Riverview-Fisk Park

About This Home

As of July 2023

Recently renovated 2 Bedrooms 1 Bathroom apartment, Located in the heart of Jersey City Heights, Near Riverview-Fisk and Washington Park, Plenty of shopping, nearby cafes, dining, groceries and fitness/Yoga center. In front of Bus transportation to NYC/Bayonne, Four blocks from Light Rail at 9th and Congress Street Station to Hoboken/Downtown JC/Path.

Last Agent to Rent the Property

Alicia Sosa

KELLER WILLIAMS CITY LIFE REALTY License #2182790 Listed on: 07/11/2023

KELLER WILLIAMS CITY LIFE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,751

Year Built

  • 1910

Lot Details

  • 2,483

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Views of New York
  • Intercom
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

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

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00045 / 02305
  • Assessor Parcel Number 12482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,751

Year Built

1910

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Rental Amount: 2100
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Multi Family
  • Apartment Number: 1
  • Building Style: Multi-Level
  • Exclusions: Personal property
  • Inclusions: All appliances and fixtures
  • Lead Paint Form: Yes
  • Miscellaneous: New York View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 12482
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1910

Interior Features

  • Floor Number: 1
  • Appliances Included: Refrigerator, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Utilities

  • Heating/Cooling: A/C Window, Gas, Radiators

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Lot Info

  • Geo Address Line: 509 Palisade Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/12/2023
  • Geo Zoom Level: 16
  • Lot: 00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Wan Leo and Wan Linda
Bought by
Walsh Matthew
Current Estimated Value
$1,182,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$833,148
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$349,737

Purchase Details

Closed on
Jan 11, 2011
Sold by
Ibrahim Shaaban and Ibrahim Nema
Bought by
Wan Leo and Wan Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
Ibrahim Shaaban
Bought by
Ibrahim Shaaban and Ibrahim Nema

Purchase Details

Closed on
May 5, 1997
Sold by
Ibrahim Shaaban and Ibrahim Nema
Bought by
Ibrahim Shaaban
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
Walsh Matthew $1,100,000 Coastal Title Agency
Walsh Matthew $1,100,000 Coastal Title Agency
Wan Leo $325,000 --
Ibrahim Shaaban -- --
Ibrahim Shaaban -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Matthew $840,000
Closed Walsh Matthew $840,000
Previous Owner Wan Leo $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Rented $2,100 0.0% --
07/11/2023 07/11/23 For Rent $2,100 -- --
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 $13,751 $615,800 $212,500 $403,300
2024 $13,837 $615,800 $212,500 $403,300
2023 $13,837 $615,800 $212,500 $403,300
2022 $9,877 $615,800 $212,500 $403,300
2021 $7,467 $615,800 $212,500 $403,300
2020 $6,995 $615,800 $212,500 $403,300
2019 $9,483 $615,800 $212,500 $403,300
2018 $8,634 $615,800 $212,500 $403,300
2017 $8,580 $110,000 $20,000 $90,000
2016 $8,471 $110,000 $20,000 $90,000
2015 $8,230 $110,000 $20,000 $90,000
2014 $8,177 $110,000 $20,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2023

    Alicia Sosa

    KELLER WILLIAMS CITY LIFE REALTY

    (201) 783-4749

    1 in this area

    2 Total Sales

    Alicia Sosa
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 230011583

Hudson County MLS

APN: 06-02305-0000-00045

New Jersey Hudson County Jersey City 07307 The Heights

509 Palisade Ave Unit 1, Jersey City, NJ

This home is located at 509 Palisade Ave Unit 1, Jersey City, NJ 07307 since 11 July 2023 and is currently priced at $1,182,885. This property was built in 1910. 509 Palisade Ave Unit 1 is a home located in Hudson County with nearby schools including Christa McAuliffe 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.

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