NOT LISTED FOR SALE

510 1st St Unit B Palisades Park, NJ 07650

Estimated Value: $878,563 - $1,028,000

3 Beds
4 Baths
1,768 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $717,500 $406 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,829/month

About This Home

As of October 2019

This home is located at 510 1st St Unit B, Palisades Park, NJ 07650 and is currently estimated at $932,141, approximately $527 per square foot. 510 1st St Unit B 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
Dec 19, 2011
Sold by
Chong Charles and Chong Jessica
Bought by
Oh Sung Hwan and Oh Ok Hyun
Current Estimated Value
$932,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2006

Purchase Details

Closed on
Apr 15, 2005
Sold by
Aufiero & Morra Llc
Bought by
Chong Charles and Chong Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.87%
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
Oh Sung Hwan $535,000 --
-- -- --
Chong Charles $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sean J $350,000
Closed Kim Sean J $350,000
Closed Oh Sung Hwan $300,000
Previous Owner Chong Charles $250,000
Previous Owner Chong Jessica $417,000
Previous Owner Chong Charles $95,000
Previous Owner Chong Charles $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Rented $4,150 0.0% --
10/14/2022 10/14/22 For Rent $4,150 +9.2% --
10/05/2019 10/05/19 Rented $3,800 0.0% --
10/02/2019 10/02/19 Sold $717,500 0.0% $406 / Sq Ft
10/02/2019 10/02/19 For Rent $3,800 0.0% --
09/10/2019 09/10/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $749,000 -- $424 / Sq Ft

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 $10,579 $747,700 $361,300 $386,400
2023 $10,354 $715,300 $345,000 $370,300
2022 $10,354 $672,800 $318,800 $354,000
2021 $10,012 $632,100 $305,000 $327,100
2020 $10,060 $652,000 $300,000 $352,000
2019 $10,268 $505,300 $230,000 $275,300
2018 $10,000 $505,300 $230,000 $275,300
2017 $9,899 $505,300 $230,000 $275,300
2016 $9,606 $505,300 $230,000 $275,300
2015 $9,404 $505,300 $230,000 $275,300
2014 $8,979 $505,300 $230,000 $275,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Myong Chung

    2Win Realty LLC

    (201) 584-7000

    5 Total Sales

    Myong Chung
    Section Image
  • Ray Park

    Buyer's Agent in 2022

    Ray Park

    RE/MAX Now

    (201) 891-8000

    4 in this area

    45 Total Sales

    Ray Park
    Section Image

  • M

    Seller's Agent in 2019

    Me Lee

    Top Realty

    (201) 503-0090

    3 in this area

    20 Total Sales

    Me Lee
    Section Image
See All Agents

Map

New Jersey Bergen County Palisades Park 07650

510 1st St Unit B, Palisades Park, NJ

This home is located at 510 1st St Unit B, Palisades Park, NJ 07650 and is currently estimated at $932,141, approximately $527 per square foot. 510 1st St Unit B 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