540 7th St Palisades Park, NJ 07650
Estimated Value: $1,162,000 - $1,437,000
--
Bed
--
Bath
2,994
Sq Ft
$441/Sq Ft
Est. Value
About This Home
This home is located at 540 7th St, Palisades Park, NJ 07650 and is currently estimated at $1,319,532, approximately $440 per square foot. 540 7th St 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
Jun 3, 2014
Sold by
Kwon Eugene and So Young Hee
Bought by
Woo Jong Su and Woo Jeannette
Current Estimated Value
Purchase Details
Closed on
Jan 26, 2005
Sold by
Chung Joo Tae
Bought by
Kwon Eugene and So Young Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.67%
Purchase Details
Closed on
Sep 25, 2002
Sold by
Kang Hee J
Bought by
Chung Joo T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
6.27%
Purchase Details
Closed on
Jul 31, 2001
Sold by
Hunt Linda
Bought by
Mo Bu L and Kang Hee J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.1%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Woo Jong Su | $745,000 | -- | |
Kwon Eugene | $780,000 | -- | |
Chung Joo T | $670,000 | -- | |
Mo Bu L | $325,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Kwon Eugene | $500,000 | |
Previous Owner | Chung Joo T | $469,000 | |
Previous Owner | Mo Bu L | $255,000 | |
Previous Owner | Panachyda Linda | $200,000 |
Source: Public Records
Tax History Compared to Growth
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 | $16,105 | $1,144,300 | $532,900 | $611,400 |
2024 | $15,776 | $1,106,900 | $508,900 | $598,000 |
2023 | $15,662 | $1,066,700 | $492,400 | $574,300 |
2022 | $15,662 | $1,017,700 | $467,400 | $550,300 |
2021 | $15,541 | $981,100 | $444,900 | $536,200 |
2020 | $15,266 | $989,400 | $439,900 | $549,500 |
2019 | $14,224 | $700,000 | $307,500 | $392,500 |
2018 | $13,853 | $700,000 | $307,500 | $392,500 |
2017 | $13,713 | $700,000 | $307,500 | $392,500 |
2016 | $13,307 | $700,000 | $307,500 | $392,500 |
2015 | $14,382 | $772,800 | $307,500 | $465,300 |
2014 | $13,733 | $772,800 | $307,500 | $465,300 |
Source: Public Records
Map
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