NOT LISTED FOR SALE

523 61st St West New York, NJ 07093

Estimated Value: $826,958

7 Beds
4 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $694,000

Est. 19% increase in value since last sale

Current estimated payment $5,479/month

112 Days on Market

Highlights

  • 3 Car Attached Garage
  • Dining Room
  • Baseboard Heating
  • Living Room

About This Home

As of August 2022

MIXED-USE PROPERTY OPPORTUNITY in West New York! Take a chance on this incredible income producing property located in the heart of West New York! This property occupies a cafe with a fully equipped kitchen on its first level while its 2nd level occupies a 2 bedroom residential apartment. Rear unit with 5 Bedrooms with 2 full bathrooms, garage and driveway. Located in one of the most desired area of West New York, this is a 'no brainer' for any investor or business owner seeking a great location! It sets steps away from Bergenline Ave and is near major NJ/NYC transportation. Make an appointment today to see your next potential investment!

Last Agent to Sell the Property

Ingrid Morales

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP License #0787075 Listed on: 12/14/2021

Last Buyer's Agent

Ingrid Morales

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP License #0787075 Listed on: 12/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,804

Lot Details

  • Lot Dimensions are 25x100

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 5 Main Level Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 0017 / 00136
  • Assessor Parcel Number 4692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,804

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 4692
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Unfinished, Walk-Out
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 7
  • Total Other Rooms: 1
  • Total Dining Rooms: 2
  • Total Kitchens: 3
  • Total Living Rooms: 2
  • First Floor Bedrooms: 5
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 3
  • Floor1 Kitchen: 2
  • Floor 1 Living Rooms: 1
  • Floor1 Other: 1
  • Floor 1 Rent: 3850
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1300
  • Fl1 Rooms: 9
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 3+ Cars, Attached, Garage

Utilities

  • Heating/Cooling: A/C Window, Baseboard, Electric, Gas

Lot Info

  • Geo Address Line: 523 61st St
  • Geo Primary City: West New York
  • Geo Quality: 0.95
  • Geo Update Timestamp: 12/15/2021
  • Geo Zoom Level: 16
  • Lot: 0017
  • Lot Size: 25X100

Tax Info

  • Year: 2020
  • Taxes: 10804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Aug 16, 2022
Sold by
Bh Nadlan Limited Liability Company
Bought by
Vilee Llc
Seller's Agent
Ingrid Morales
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Buyer's Agent
Ingrid Morales
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
List Price
$694,000
Sold Price
$694,000
Current Estimated Value
$826,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,958
Avg. Annual Appreciation
6.57%
Original Mortgage
$350,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2016
Sold by
Velarde Marco and Velarde Belgica
Bought by
Bh Nadian Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Cicala Andrew and Cicala Theresa
Bought by
Velarde Marco and Velarde Belgica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Vilee Llc $694,000 Land Title
Bh Nadian Llc $225,000 None Available
Velarde Marco $470,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vilee Llc $350,000
Previous Owner B H Nadlan Limited Liability Comapny $366,500
Previous Owner Velarde Marco $376,000
Previous Owner Cicala Andrew $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $694,000 0.0% --
04/05/2022 04/05/22 Pending -- -- --
02/03/2022 02/03/22 Off Market $694,000 -- --
12/14/2021 12/14/21 For Sale $694,000 -- --
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 $11,686 $141,500 $50,000 $91,500
2024 $11,228 $141,500 $50,000 $91,500
2023 $11,228 $141,500 $50,000 $91,500
2022 $10,983 $141,500 $50,000 $91,500
2021 $10,880 $141,500 $50,000 $91,500
2020 $10,804 $141,500 $50,000 $91,500
2019 $10,700 $141,500 $50,000 $91,500
2018 $10,651 $141,500 $50,000 $91,500
2017 $10,604 $141,500 $50,000 $91,500
2016 $13,250 $181,500 $50,000 $131,500
2015 $12,995 $181,500 $50,000 $131,500
2014 $12,146 $181,500 $50,000 $131,500
Source: Public Records

Agents Affiliated with this Home

  • Ingrid Morales

    Seller's Agent in 2022

    Ingrid Morales

    CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP

    (718) 612-1998

    15 in this area

    42 Total Sales

    Ingrid Morales
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Map

Source: Hudson County MLS

MLS Number: 210027142

Hudson County MLS

APN: 12-00136-0000-00017

New Jersey Hudson County West New York 07093

523 61st St, West New York, NJ

This home is located at 523 61st St, West New York, NJ 07093 since 14 December 2021 and is currently estimated at $826,958. 523 61st St is a home located in Hudson County with nearby schools including Memorial High School and St. Joseph of the Palisades Elementary 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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