NOT LISTED FOR SALE

534 Palisade Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,212,000 - $2,119,000

9 Beds
3 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold November 16, 2016

Last sale price $909,958

Est. 92% increase in value since last sale

Current estimated payment $10,691/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Heating System Uses Steam
  • Dr Ronald McNair High School Rated A+
  • Dining Room
  • 2-minute walk to Riverview-Fisk Park

About This Home

As of November 2016

"PERFECT LOCATION" BE A PART OF THE REVITALIZATION OF THE RIVER DISTRICT ONLY MINUTES FROM NY CITY & HOBOKEN 10 MINUTES TO JOURNAL SQUARE, 10 MINUTES TO HOLLAND AND LINCOLN TUNNEL, CLOSE TO THE BEST PARKS ON THE AREA 3 1/2 BLOCKS FROM CONGRESS ST ELEVATOR LIGHT / RAIL 3 BIG APARTMENTS HIGH CEILINGS PLUS A FINISH BASEMENT, NICE BACK YARD AND BEAUTIFUL NY VIEW FROM TOP OF THE BUILDING ONE BLOCK FROM CITY VIEW PARK CLOSE TO SCHOOLS AND SHOPS, PLENTY TRANSPORTATION TO THE CITY. GREAT WIDE HOUSE, WITH ENDLESS POSSIBILITIES FOR INVESTMENT, CONVERT TO CONDOS, LIVE OR RENT.

Last Agent to Sell the Property

Giovanny Gonzalez. C

EXP REALTY LLC License #0458757 Listed on: 05/23/2016

EXP REALTY LLC

Last Buyer's Agent

Scott Oldt

KELLER WILLIAMS PREFERRED PROPERTIES License #1326351

KELLER WILLIAMS PREFERRED PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,228

Lot Details

  • 2,483

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms | 3 Main Level Bedrooms

Additional Features

  • Lot Dimensions are 25 x 100
  • Heating System Uses Steam

Community Details

  • Insurance Expense $1,650
  • Water Sewer Expense $2,400

Listing and Financial Details

  • Exclusions: - PERSONAL PROPERTY -
  • Legal Lot and Block 00014 / 02401
  • Assessor Parcel Number 12507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,228

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Contemporary
  • Exclusions: - PERSONAL PROPERTY -
  • Inclusions: - REAL STATE PROPERTY-
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 12507
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Finished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 9
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1510
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1600
  • Third Floor Bedrooms: 3
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1600
  • Floor 4 Total Bathrooms: 3
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6
  • Fl3 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick

Garage/Parking

  • Parking Available: None
  • Annual Water Sewer Expense: 2015

Utilities

  • Heat Expense: 2300
  • Heat Expense Year: 2015
  • Heating/Cooling: Gas on Gas, Steam
  • Annual Insurance Expense: 2015

Fee Information

  • Insurance Expense: 1650
  • Water Sewer Expenses: 2400

Lot Info

  • Geo Match Code: 1
  • Geo Matched Method: 5
  • Geo Quality: 1
  • Geo Update Timestamp: 06/20/2022
  • Geo Zoom Level: 16
  • Lot: 00014
  • Lot Size: 25 X 100

Tax Info

  • Year: 2015
  • Taxes: 8228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Mcmahon George and Swiader Alicja
Bought by
534 Palisade Ave Llc
Current Estimated Value
$1,743,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Outstanding Balance
$1,152,218
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$591,442

Purchase Details

Listed on
May 23, 2016
Closed on
Nov 16, 2016
Sold by
Gonzalez Giovanny
Bought by
Memahon Geroge and Swiader Alicja
Seller's Agent
Giovanny Gonzalez. C
EXP REALTY LLC
Buyer's Agent
Scott Oldt
KELLER WILLIAMS PREFERRED PROPERTIES
List Price
$899,958
Sold Price
$909,958
Premium/Discount to List
$10,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$681,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Brito Miguel and Brito Nelly
Bought by
Gonzalez Giovanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
5.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 13, 2005
Sold by
Severino Salvador and Severino Nereyda
Bought by
Brito Miguel and Brito Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,700
Interest Rate
7.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 14, 1997
Sold by
B L V D Properties Inc
Bought by
Severino Salvador and Severino Nereyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,195
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1996
Sold by
B L V D Properties Inc
Bought by
B L V D Properties Inc
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
534 Palisade Ave Llc $1,775,000 Meister Abstract
534 Palisade Ave Llc $1,775,000 Meister Abstract
534 Palisade Ave Llc $1,775,000 Meister Abstract
Memahon Geroge $909,958 None Available
Gonzalez Giovanny $470,000 --
Brito Miguel $442,000 --
Severino Salvador $150,000 --
B L V D Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 534 Palisade Ave Llc $1,162,500
Closed 534 Palisade Ave Llc $1,162,500
Previous Owner Memahon Geroge $681,000
Previous Owner Carrillo Giovanny Gonzalez $424,265
Previous Owner Gonzalez Giovanny $70,500
Previous Owner Brito Miguel $375,700
Previous Owner Severino Salvador $141,820
Previous Owner Severino Salvador $142,591
Previous Owner Severino Salvador $145,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $909,958 +1.1% --
06/07/2016 06/07/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $899,958 -- --
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 $16,810 $752,800 $225,000 $527,800
2024 $16,915 $752,800 $225,000 $527,800
2023 $16,915 $752,800 $225,000 $527,800
2022 $15,944 $752,800 $225,000 $527,800
2021 $12,075 $752,800 $225,000 $527,800
2020 $12,120 $752,800 $225,000 $527,800
2019 $11,593 $752,800 $225,000 $527,800
2018 $1,637 $752,800 $225,000 $527,800
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

  • G

    Seller's Agent in 2016

    Giovanny Gonzalez. C

    EXP REALTY LLC

    Section Image

  • S

    Buyer's Agent in 2016

    Scott Oldt

    KELLER WILLIAMS PREFERRED PROPERTIES

    Section Image
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Map

Source: Hudson County MLS

MLS Number: 160007564

Hudson County MLS

APN: 06-02401-0000-00014

New Jersey Hudson County Jersey City 07307 The Heights

534 Palisade Ave, Jersey City, NJ

This home is located at 534 Palisade Ave, Jersey City, NJ 07307 since 23 May 2016 and is currently estimated at $1,743,660. 534 Palisade Ave 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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