NOT LISTED FOR SALE

521 7th St Unit 2 Palisades Park, NJ 07650

Estimated Value: $939,000 - $1,058,000

2 Beds
2 Baths
2,232 Sq Ft
$446/Sq Ft Est. Value

About This Home

Fully updated Two family house in very quiet/daed end street. This beautiful Second fl 2bedroom is very bright and New bathroom, Kitchen, new in unit washer/dryer, fresh paint, hardwood floor through out, New AC. enjoy the back yard. Close to shopping, transportation, major highways.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2003
Sold by
Lim Moon Jong
Bought by
Lee Myeong and Lee Keun Suk
Current Estimated Value
$995,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$202,863
Interest Rate
6.15%
Estimated Equity
$792,809

Purchase Details

Closed on
Oct 15, 1998
Sold by
Annichiarico Richard J and Annichiarico Catherine M
Bought by
Lim Moon Jong and Shim Wan Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.74%
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
Lee Myeong $525,000 --
Lim Moon Jong $209,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Myeong $420,000
Previous Owner Shim Wan Sung $90,000
Previous Owner Lim Moon Jong $25,000
Previous Owner Lim Moon Jong $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Rented $2,600 0.0% --
10/06/2023 10/06/23 For Rent $2,600 +18.2% --
04/08/2022 04/08/22 Rented $2,200 0.0% --
02/21/2022 02/21/22 For Rent $2,200 -- --

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 $9,865 $708,600 $462,500 $246,100
2023 $9,787 $667,000 $447,500 $219,500
2022 $9,787 $635,900 $425,000 $210,900
2021 $9,681 $611,200 $405,000 $206,200
2020 $9,442 $611,900 $400,000 $211,900
2019 $9,370 $461,100 $282,500 $178,600
2018 $9,125 $461,100 $282,500 $178,600
2017 $9,033 $461,100 $282,500 $178,600
2016 $8,766 $461,100 $282,500 $178,600
2015 $8,581 $461,100 $282,500 $178,600
2014 $8,194 $461,100 $282,500 $178,600
Source: Public Records

Agents Affiliated with this Home

  • Ashley Kim

    Seller's Agent in 2023

    Ashley Kim

    RE/MAX

    (201) 250-1111

    5 in this area

    51 Total Sales

    Ashley Kim
    Section Image

  • J

    Buyer's Agent in 2023

    JONG YUN

    (201) 401-7797

    8 in this area

    43 Total Sales

    JONG YUN
    Section Image

  • J

    Seller's Agent in 2022

    Jenny Koh

    RE/MAX

    (201) 741-7000

    8 Total Sales

    Jenny Koh
    Section Image
  • Jae Kim

    Buyer's Agent in 2022

    Jae Kim

    RE/MAX Now

    (201) 448-5374

    8 in this area

    60 Total Sales

    Jae Kim
    Section Image
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Map

New Jersey Bergen County Palisades Park 07650

521 7th St Unit 2, Palisades Park, NJ

This home is located at 521 7th St Unit 2, Palisades Park, NJ 07650 and is currently estimated at $995,672, approximately $446 per square foot. 521 7th St Unit 2 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.

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