$286,000
SOLD JUL 31, 2023

61 W Columbia Ave Unit 4 Palisades Park, NJ 07650

1 Bed
1 Bath
-- Sq Ft
653 Sq Ft Lot

Recently Sold

14% Above List Price

11 Days on Market

About This Home

As of July 2023

Introducing a charming one bedroom condo, ideally located one block from NYC transportation and near a plethora of shops and dining options. Unit 4 boasts a private entrance and beautifully refinished natural hardwood floors, adding a touch of warmth and character. Also features an updated bathroom, a nice sized bedroom with large walk-in closet, and an attic that can be used for storage or blown out to create a chic loft. And unlike most condos, there are no apartments above or below for additional comfort and privacy. Notably, this unit offers some of the lowest taxes & HOA fees around, making it an excellent opportunity for either investment or personal use. So whether you're looking to make a smart financial move or find a cozy place to call your own, this inviting condo checks all the boxes!

Last Agent to Sell the Property

Miriam Yu

Coldwell Banker, Alpine/Closter Listed on: 06/08/2023

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Jason Lee

Christie's International Real Estate Group-Fort Lee

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,437

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,437

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 767-0550
  • MLS Status: Sold - Sold
  • Directions: Between Borad & Grand
  • Year Built Details: 1940's
  • PropertySubTypeAdditional: Low/Gard
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No
  • Laundry: None

Exterior Features

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

Lot Info

  • Lot: 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 28, 2023
Sold by
Cerbo Frank
Bought by
Kang James Jungbin
Seller's Agent
Miriam Yu
Coldwell Banker, Alpine/Closter
Buyer's Agent
Jason Lee
Christie's International Real Estate Group-Fort Lee
List Price
$250,000
Sold Price
$286,000
Premium/Discount to List
$36,000
14.4%
Views
82
Current Estimated Value
$316,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,223
Avg. Annual Appreciation
5.12%
Original Mortgage
$186,000
Outstanding Balance
$182,582
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$133,641

Purchase Details

Closed on
Jun 9, 2009
Sold by
59-61 West Columbia Avenue Llc
Bought by
Cerbo Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Palisades Park, NJ

  • 333 Grand Ave Unit 3J, Palisades Park, NJ 07650

    $325,000

    • 1 Bed
    • 1 Bath
    • 333 Grand Ave
    • Unit 3J
    • Palisades Park, NJ

    NEW WOOD FLOOR INSTALLED AND FRESHLY PAINTED, MOVE-IN CONDITION. LOCATED IN THE HEART OF PALISADES PARK, CONVENIENTLY CLOSE TO MAJOR HIGHWAYS, SHOPPING, SCHOOLS, AND NY EXPRESS BUS. LOW HOA INCLUDES COMMON AREA, WATER, AND ASSIGNED PARKING SPACE.

    Jason Lee Christie's International Real Estate Group-Fort Lee

    Section Image
  • 201 12th St Unit 1, Palisades Park, NJ 07650

    $330,000

    • 1 Bed
    • 1 Bath
    • 201 12th St
    • Unit 1
    • Palisades Park, NJ

    VERY BRIGHT AND SPACIOUS 1 BR COND IN GREAT LOCATION AT PALISADES PARK. LARGE EAST FACING TERRACE OFF FROM THE LR& MODERN KITHEN, HARDWOOD FLOORS THROUGHOUT, UPDATED KITCHEN, STAINLESS STEEL APPLIANCES, LOTS OF CLOSET SPACES, LOW PROPERTY TAX AND MAINTENANCE INCLUDING HEAT, HOTWATER AND WATER, CLOSE TO SHOPPING, RESTAURANTS & NYC BUS AT THE CORNER, 1 DEEDED INDOOR GARAGE SPACE IS INCLUDED. GREAT

    Sophia Sul Christie's International Real Estate Group-Fort Lee

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $286,000 None Listed On Document
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,000 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Rented $1,700 0.0% --
11/06/2023 11/06/23 For Rent $1,700 0.0% --
07/31/2023 07/31/23 Sold $286,000 +14.4% --
06/19/2023 06/19/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $250,000 -- --
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
2024 $2,461 $187,400 $105,000 $82,400
2023 $2,438 $166,400 $102,500 $63,900
2022 $2,438 $158,400 $97,500 $60,900
2021 $2,400 $151,500 $92,500 $59,000
2020 $2,316 $150,100 $90,000 $60,100
2019 $2,560 $126,000 $75,000 $51,000
2018 $2,494 $126,000 $75,000 $51,000
2017 $2,468 $126,000 $75,000 $51,000
2016 $2,395 $126,000 $75,000 $51,000
2015 $2,345 $126,000 $75,000 $51,000
2014 $2,239 $126,000 $75,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23017569

New Jersey MLS

APN: 45-00617-0000-00028-0000-C0004