NOT LISTED FOR SALE

55B W Columbia Ave Palisades Park, NJ 07650

Estimated Value: $754,000 - $949,000

3 Beds
3.5 Baths
1,856 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $600,000 $323 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,342/month

87 Days on Market

About This Home

As of October 2022

TENANT OCCUPIED AND INVESTORS ONLY. VERY BRIGHT SOUTH FACING. ALL HARDWOOD FLOOR THROUGHOUT, LARGE EAT-IN-KITCHEN W/GRANITE COUNTER TOP AND CENTER ISLAND, DELIGHTFUL MASTER BEDROOM W/JACUZZI TUB BATH, 2 CAR GARAGE, TILED FINISHED BASEMENT, CONVENIENTLY CLOSE TO NY BUS, SCHOOL, MAJOR HIGHWAYS, GWB, SHOPPING.

Last Agent to Sell the Property

Jason Lee

Christie's International Real Estate Group-Fort Lee Listed on: 06/22/2022

Last Buyer's Agent

Jason Lee

Christie's International Real Estate Group-Fort Lee Listed on: 06/22/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,058

Lot Details

  • 5,009

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • Finished Basement

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,058

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Townhouse
  • Co List Office Phone: (201) 346-0200
  • MLS Status: Sold - Sold
  • Directions: BROAD AVE TO WEST COLUMBIA AVE
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Lot Info

  • Lot: 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Oct 5, 2022
Sold by
Jung Hak Kwon 2020 Revocable Trust
Bought by
Park Chan Woo and Park Gyeong Woo
Seller's Agent
Jason Lee
Christie's International Real Estate Group-Fort Lee
Buyer's Agent
Jason Lee
Christie's International Real Estate Group-Fort Lee
List Price
$759,000
Sold Price
$600,000
Premium/Discount to List
-$159,000
-20.95%
Current Estimated Value
$842,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,707
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
Oct 20, 2020
Sold by
Kwon Jung Hak and Kwon Young Ja
Bought by
Kwon Jung Hak and Jung Hak Kwon

Purchase Details

Closed on
Jan 29, 2013
Sold by
Park
Bought by
Kwon Jung Hak and Young Ja
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
Park Chan Woo $600,000 Westcor Land Title
Kwon Jung Hak -- None Available
Kwon Jung Hak $490,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $600,000 -20.9% $323 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $759,000 -- $409 / Sq Ft
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 $10,702 $771,300 $365,000 $406,300
2024 $10,474 $735,500 $346,300 $389,200
2023 $10,399 $708,200 $335,000 $373,200
2022 $10,399 $675,700 $318,800 $356,900
2021 $10,058 $635,000 $305,000 $330,000
2020 $10,125 $656,200 $300,000 $356,200
2019 $9,869 $485,700 $220,000 $265,700
2018 $9,612 $485,700 $220,000 $265,700
2017 $9,515 $485,700 $220,000 $265,700
2016 $9,233 $485,700 $220,000 $265,700
2015 $9,039 $485,700 $220,000 $265,700
2014 $8,631 $485,700 $220,000 $265,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22023161

New Jersey MLS

APN: 45-00617-0000-00027-0000-C0002