NOT LISTED FOR SALE

552 Palisade Ave Jersey City, NJ 07307

The Heights Neighborhood

Estimated Value: $1,118,000 - $1,719,046

6 Beds
3 Baths
-- Sq Ft
2,004 Sq Ft Lot

Last Sold April 15, 2016

Last sale price $875,000

Est. 48% increase in value since last sale

Current estimated payment $8,362/month

13 Days on Market

Highlights

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

About This Home

As of April 2016

THIS METICULOUS 3 FAMILY BRICK HOME IS PERFECT FOR INVESTORS OR SAVVY BUYER TO LIVE & RENT 2 UNITS. THE APTS ARE SPACIOUS, SUNNY & AIRY WITH A WOW EFFECT. THE GLEAMING HW FLOORS, TIN CEILING & FRENCH DOORS ARE ONLY PART OF THE AMBIENCE, HIGH CEILINGS ADD TO THE OPENNESS OF THE UNITS. THE HOME PRESENTLY 2-2 BEDROOM UNITS AND 1+ BEDROOM WITH A FULL DINING ROOM. THE UPDATED SEPARATE EAT-IN KITCHENS ARE A PLUS. ALL OF THE UNITS HAVE SEPARATE UTILITIES. A FULL BASEMENT W HOOK-UP FOR WASHER/DRYER, THERE IS PLENTY OF STORAGE AND A SEPARATE WORKROOM. HUGE TRANQUIL PRIVATE BACKYARD COMPLETES THIS HOME. BUS TO NYC AT YOUR DOORSTEP, LIGHT RAIL 5 MIN AWAY, RIVERVIEW PARK NEARBY, IN THE NEW SOUGHT AFTER RIVERVIEW ARTS DISTRICT. THE PERFECT JEWEL!!! WON'T LAST!!

Last Agent to Sell the Property

Mary Knapp

HOWARD HANNA RAND REALTY License #9698000 Listed on: 02/14/2016

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Cynthia Samaris

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP License #0122045

CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Lot Details

  • Lot Dimensions are 20 x 100

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,453
  • Water Sewer Expense $1,279

Listing and Financial Details

  • Exclusions: ALL PERSONAL ITEMS
  • Legal Lot and Block 00023 / 02401
  • Assessor Parcel Number 12496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Row House
  • Exclusions: ALL PERSONAL ITEMS
  • Inclusions: THREE REFRIGERATORS, THREE STOVES, WASHER/DRYER HOOKUP, 1 DISHWASHER
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 12496
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full, Unfinished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 6
  • Total Living Rooms: 3
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1300
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1300
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor3 Other: 1

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: Baseboard, Gas

Fee Information

  • Insurance Expense: 1453
  • Water Sewer Expenses: 1279

Lot Info

  • Geo Quality: 0.1
  • Lot: 00023
  • Lot Size: 20 x 100

Tax Info

  • Year: 2015
  • Taxes: 6629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2016
Closed on
Apr 14, 2016
Sold by
Romano Piero
Bought by
Ahmed Nazneen
Seller's Agent
Mary Knapp
HOWARD HANNA RAND REALTY
Buyer's Agent
Cynthia Samaris
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
List Price
$725,000
Sold Price
$875,000
Premium/Discount to List
$150,000
20.69%
Current Estimated Value
$1,298,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,262
Avg. Annual Appreciation
4.20%
Original Mortgage
$562,500
Outstanding Balance
$447,311
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$850,951

Purchase Details

Closed on
Apr 5, 1999
Sold by
Romano Piero and Merceron Mariana
Bought by
Romano Piero

Purchase Details

Closed on
Dec 29, 1997
Sold by
Biundo Helen
Bought by
Romano Piero and Merceron Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,908
Interest Rate
7.09%
Mortgage Type
FHA
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
Ahmed Nazneen $875,000 Westcor Land Title Ins Co
Romano Piero -- --
Romano Piero $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Nazneen $562,500
Previous Owner Romano Piero $104,908
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $875,000 +20.7% --
02/27/2016 02/27/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $725,000 -- --
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 $18,237 $816,700 $191,300 $625,400
2024 $18,351 $816,700 $191,300 $625,400
2023 $18,351 $816,700 $191,300 $625,400
2022 $17,298 $816,700 $191,300 $625,400
2021 $13,100 $816,700 $191,300 $625,400
2020 $13,149 $816,700 $191,300 $625,400
2019 $12,577 $816,700 $191,300 $625,400
2018 $1,318 $816,700 $191,300 $625,400
2017 $6,911 $88,600 $16,000 $72,600
2016 $6,823 $88,600 $16,000 $72,600
2015 $6,629 $88,600 $16,000 $72,600
2014 $6,587 $88,600 $16,000 $72,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Knapp

    Seller's Agent in 2016

    Mary Knapp

    Rand Realty

    (201) 978-7234

    2 in this area

    25 Total Sales

    Mary Knapp
    Section Image
  • Cynthia Samaris

    Buyer's Agent in 2016

    Cynthia Samaris

    Christie's Real Estate Northern NJ

    (201) 344-5828

    17 in this area

    35 Total Sales

    Cynthia Samaris
    Section Image

  • D

    Buyer Co-Listing Agent in 2016

    DIANE DEBAUN

    PREMIER BROKERS REAL ESTATE LLC

  • Judith Marciano

    Buyer Co-Listing Agent in 2016

    Judith Marciano

    Christie's Real Estate Northern NJ

    (201) 736-5165

    11 in this area

    104 Total Sales

    Judith Marciano
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 160002112

Hudson County MLS

APN: 06-02401-0000-00023

New Jersey Hudson County Jersey City 07307 The Heights

552 Palisade Ave, Jersey City, NJ

Not Listed for Sale

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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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