Seller's Agent in 2023
Tarek Hassieb
LIBERTY REALTY LLC
(201) 725-4628
4 in this area
136 Total Sales
5502 Park Ave Unit 4 West New York, NJ 07093
Estimated Value: $777,664 - $955,000
5
Beds
2
Baths
--
Sq Ft
3,093
Sq Ft Lot
Highlights
- Colonial Architecture
- Living Room
- 4-minute walk to War Memorial
- 3 Car Attached Garage
About This Home
As of May 20235502 Park Ave, West New York is a rare multi family property that comes with parking, outdoor space, and is vacant and ready to purchase with ease, and less the headaches! Step into this opportunity with two options: You can owner occupy and rent out the other unit or keep it as a full investment property! You'll get a solid brick bi-level 2 family home with 2 roomy apartments. Ground Floor: 2 bedrooms, 1 bath, Top Floor: 3 bedrooms, 1 bath, also separate water heaters and furnaces, attached garage with ample parking that opens access to a spacious-private courtyard through the back of the house, and much more. Only one block from Kennedy Boulevard, close to Old Glory Park, and other parks along the Hudson River. Close to buses, the NY Ferry, and Light Rail. Get easy commuter's access to all major highways, Lincoln Tunnel, and George Washington Bridge. Close by are schools, supermarkets, houses of worship and nightlife. With current inventory so low, the multi-family market is hot right now, so put this on the top of your search list and book your safe and easy showing today!
Last Agent to Sell the Property
LIBERTY REALTY LLC License #1648869 Listed on: 02/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,720
Lot Details
- 3,093
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- Multi-Level Property
- Living Room
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
Additional Features
- Lot Dimensions are 40 x 77
- Heating System Uses Gas
Listing and Financial Details
- Exclusions: All personal property
- Legal Lot and Block 00011 / 00072
- Assessor Parcel Number 2937
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2023
Closed on
May 22, 2023
Sold by
Ftr-First Texas Realty Ltd
Bought by
Ssr Realty Llc
Seller's Agent
Tarek Hassieb
LIBERTY REALTY LLC
Buyer's Agent
Tarek Hassieb
LIBERTY REALTY LLC
List Price
$675,000
Sold Price
$691,000
Premium/Discount to List
$16,000
2.37%
Views
642
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,916
Avg. Annual Appreciation
9.48%
Original Mortgage
$380,000
Outstanding Balance
$372,711
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$472,981
Purchase Details
Closed on
Aug 29, 2005
Sold by
Debarros Arnaldo S and Budzillas Maria D
Bought by
Ftr First Texas Realty Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Ssr Realty Llc | $691,000 | None Listed On Document | |
| Ftr First Texas Realty Ltd | $450,000 | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ssr Realty Llc | $380,000 | |
| Previous Owner | Ftr First Texas Realty Ltd | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2023 05/22/23 | Sold | $691,000 | +2.4% | -- |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | For Sale | $675,000 | -- | -- |
Source: Hudson County MLS
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 | $12,471 | $151,000 | $90,000 | $61,000 |
| 2024 | $11,982 | $151,000 | $90,000 | $61,000 |
| 2023 | $11,982 | $151,000 | $90,000 | $61,000 |
| 2022 | $11,721 | $151,000 | $90,000 | $61,000 |
| 2021 | $11,610 | $151,000 | $90,000 | $61,000 |
| 2020 | $11,529 | $151,000 | $90,000 | $61,000 |
| 2019 | $11,419 | $151,000 | $90,000 | $61,000 |
| 2018 | $11,366 | $151,000 | $90,000 | $61,000 |
| 2017 | $11,316 | $151,000 | $90,000 | $61,000 |
| 2016 | $11,023 | $151,000 | $90,000 | $61,000 |
| 2015 | $10,812 | $151,000 | $90,000 | $61,000 |
| 2014 | $11,443 | $171,000 | $90,000 | $81,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Hudson County MLS
MLS Number: 230002713
APN: 12-00072-0000-00011
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