NOT LISTED FOR SALE

547 Palisade Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $986,000 - $1,412,000

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

Last Sold July 18, 2023

Last sale price $900,000

Est. 31% increase in value since last sale

Current estimated payment $7,367/month

3 Days on Market

Highlights

  • Victorian Architecture
  • Living Room
  • 3-minute walk to Riverview-Fisk Park
  • Dr Ronald McNair High School Rated A+
  • Dining Room

About This Home

As of July 2023

Are you ready to breathe life into this historic Queen Anne Style Victorian? Built in 1908 and still retaining many of its original details including: wood staircase and oak door frames. Comprising a total of 3200 interior feet with 5 Bedrooms and 4 Baths the space seems even larger due high ceilings and tall windows. For those looking to add even more space the possibility exists to increase the height of the top floor. Or, take advantage of favorable zoning and convert it to a 3 or 4 unit as the building at 549 Palisade was similarly converted. Situated on one of the most desired blocks in the Heights, locals love being nearby to award-winning restaurants: Corto and Bread & Salt. Riverview Fisk Park with its draw dropping views of NYC and farmer’s market is just down the block. Great accessibility to NYC via Light Rail station which is a 5 mins or NJ Transit bus just out your door. This property beckons you with its charm and potential, bring your architect and your dreams! Adjacent property at 545 Palisade Ave is also for sale. Sold together/as a package with 547. Sold “AS IS”.

Last Agent to Sell the Property

Alexander Feierman

KELLER WILLIAMS CITY LIFE JC REALTY License #1329510 Listed on: 06/04/2023

KELLER WILLIAMS CITY LIFE JC REALTY

Last Buyer's Agent

Alexander Feierman

KELLER WILLIAMS CITY LIFE JC REALTY License #1329510 Listed on: 06/04/2023

KELLER WILLIAMS CITY LIFE JC REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,875

Lot Details

  • 2,483

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Shingle Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00028 / 02305
  • Assessor Parcel Number 12460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,875

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Victorian
  • Lead Paint Form: Yes
  • Section: Heights
  • Assessor Parcel Number: 12460
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 5
  • Basement: Finished, Full
  • Total Living Rooms: 2
  • Basement Full Bathrooms: 1
  • Basement Other Rooms: 4
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Other: 1

Exterior Features

  • Exterior Finish: Brick, Shingle

Utilities

  • Heating/Cooling: Gas

Lot Info

  • Geo Address Line: 547 Palisade Ave
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Lot: 00028
  • Lot Size: 25 by 100

Tax Info

  • Year: 2022
  • Taxes: 12875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Gold Coast Properties Llc
Bought by
543 Palisade Avenue Condominium
Current Estimated Value
$1,183,115

Purchase Details

Listed on
Jun 4, 2023
Closed on
Jul 14, 2023
Sold by
Sobrepera Nivia
Bought by
547 Palisade Avenue Llc
Seller's Agent
Alexander Feierman
KELLER WILLIAMS CITY LIFE JC REALTY
Buyer's Agent
Alexander Feierman
KELLER WILLIAMS CITY LIFE JC REALTY
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%

Purchase Details

Closed on
Jun 26, 1973
Bought by
Valdes Maximo and Valdes Delia
Source: Public Records

Range of Values:

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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
543 Palisade Avenue Condominium -- None Listed On Document
547 Palisade Avenue Llc $900,000 None Listed On Document
547 Palisade Avenue Llc $900,000 None Listed On Document
Valdes Maximo -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $900,000 -2.7% --
06/07/2023 06/07/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $925,000 -- --
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 $13,574 $607,900 $212,500 $395,400
2024 $13,660 $607,900 $212,500 $395,400
2023 $13,660 $607,900 $212,500 $395,400
2022 $12,875 $607,900 $212,500 $395,400
2021 $9,751 $607,900 $212,500 $395,400
2020 $9,787 $607,900 $212,500 $395,400
2019 $9,362 $607,900 $212,500 $395,400
2018 $2,321 $607,900 $212,500 $395,400
2017 $12,168 $156,000 $20,000 $136,000
2016 $12,014 $156,000 $20,000 $136,000
2015 $11,672 $156,000 $20,000 $136,000
2014 $11,597 $156,000 $20,000 $136,000
Source: Public Records

Agents Affiliated with this Home

  • Alexander Feierman

    Seller's Agent in 2023

    Alexander Feierman

    KELLER WILLIAMS CITY LIFE JC REALTY

    (201) 433-1111

    7 in this area

    35 Total Sales

    Alexander Feierman
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Map

Source: Hudson County MLS

MLS Number: 230009182

Hudson County MLS

APN: 06-02305-0000-00028

New Jersey Hudson County Jersey City 07307 The Heights

547 Palisade Ave, Jersey City, NJ

Not Listed for Sale

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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