NOT LISTED FOR SALE

55 W Homestead Ave Unit 2A Palisades Park, NJ 07650

Estimated Value: $299,000 - $364,000

1 Bed
1 Bath
609 Sq Ft
1970 Built

About This Home

As of February 2025

FIRST FLOOR 1BR/1BTH CONDO FOR RENTAL. 1 ASSIGNED PARKING, HEAT, WATER INCLUDED. STEPS AWAY FROM NYC TRANSPORATION AND SHOPS ON BROAD AVE.

Last Agent to Rent the Property

Sung Hong

Kingstone Realty LLC Listed on: 01/17/2025

Co-Listed By

Sophia Kim

Kingstone Realty LLC

Last Renter's Agent

Hyunjung Lee

RE/MAX NOW - Norwood

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built

  • 1970

Parking

  • 1 Open Parking Space

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • No Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Heat, Hot Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Mls Id: 3602
  • Co List Office Phone: 201-313-1002
  • MLS Status: Leased - Leased
  • Directions: Grand ave or Broad ave to Homestead Ave
  • Reso Fireplace Features: None
  • Year Built Details: 1970's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 1.0
  • Parking Features: Parking Spaces

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Water, Radiant Floor

Lot Info

  • Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Hwang Ji Won and Seo Seola
Bought by
Hwang Taeyoung and Lau Lai
Current Estimated Value
$316,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2017
Sold by
Jeong Kevin M
Bought by
Hwang Ji Won and Seo Seola

Purchase Details

Closed on
Nov 8, 2013
Sold by
Rotolo Joseph M
Bought by
Jeong Kevin M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hwang Taeyoung $215,000 Blueland Title
Hwang Ji Won $181,250 Fidelity National Title
Jeong Kevin M $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hwang Taeyoung $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Off Market -- -- --
02/10/2025 02/10/25 Rented -- -- --
01/17/2025 01/17/25 For Rent $1,900 +5.6% --
12/08/2023 12/08/23 Rented $1,800 0.0% --
12/03/2023 12/03/23 For Rent $1,800 -- --
Source: New Jersey 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 $3,376 $256,200 $180,000 $76,200
2024 $3,313 $232,000 $157,500 $74,500
2023 $3,132 $224,000 $152,500 $71,500
2022 $3,132 $203,500 $135,000 $68,500
2021 $2,919 $184,300 $117,500 $66,800
2020 $2,831 $183,500 $115,000 $68,500
2019 $3,337 $164,200 $110,000 $54,200
2018 $3,250 $164,200 $110,000 $54,200
2017 $3,217 $164,200 $110,000 $54,200
2016 $3,121 $164,200 $110,000 $54,200
2015 $3,056 $164,200 $110,000 $54,200
2014 $2,918 $164,200 $110,000 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Sung Hong

    Landlord's Agent in 2025

    Sung Hong

    Kingstone Realty LLC

    (402) 773-5513

    2 in this area

    30 Total Sales

    Sung Hong
    Section Image

  • S

    Landlord's Co-Listing Agent in 2025

    Sophia Kim

    Kingstone Realty LLC

    (201) 407-5006

    Sophia Kim
    Section Image

  • H

    Tenant's Agent in 2025

    Hyunjung Lee

    RE/MAX NOW - Norwood

    (646) 430-0597

    8 Total Sales

    Hyunjung Lee
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 25001954

New Jersey MLS

APN: 45-00601-0000-00033-0000-C002A

New Jersey Bergen County Palisades Park 07650

55 W Homestead Ave Unit 2A, Palisades Park, NJ

This home is located at 55 W Homestead Ave Unit 2A, Palisades Park, NJ 07650 since 17 January 2025 and is currently priced at $316,984. This property was built in 1970. 55 W Homestead Ave Unit 2A 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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