NOT LISTED FOR SALE

801 Palisade Ave Unit 401 Union City, NJ 07087

Estimated Value: $653,000 - $859,453

2 Beds
2 Baths
1,200 Sq Ft
$263/mo HOA Fee

Last Sold August 20, 2021

Last sale price $660,000 $550 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,278/month

21 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Living Room
  • Sara M. Gilmore Academy Rated A-
  • Intercom
  • Central Air

About This Home

As of August 2021

Love at first sight is how you will feel about your new home at 801 Palisade. This penthouse loft-like apartment with 13’ ceilings and 7-Inch plank hardwood floors has the space and amenities that anyone could possibly desire. Entering the home provides a mesmerizing effect of light and space that only improves as one continues throughout. Sophisticated white interior is accentuated by over-sized Pella windows that face onto the southern exposure while offering a dazzling view of NYC, as well as breathtaking sunsets. The stylish kitchen, with its Quartz counter-tops, double-depth under-mounted sink, State-of-the-art stainless steel appliances, and under-counter Philips Hue lighting is ideal for a quick breakfast or a romantic dinner in the adjacent dining room. Four closets, including a huge walk-in in the master bedroom suite provide ample storage, while the central AC/heat and washer-dryer give the real convenience of home. The 2nd Bedroom/Home Office has been fully customized with built-ins. Two full baths—including a double vanity sink and white Carrara marble in the master bath--and a large living room offer comfort and a true sense of home. This Malas Builders property provides a stylish lobby, elevator, landscaped backyard with BBQ grill and patio—and garage parking! The apartment includes an assigned space in the garage along with a guest space that can be reserved with an app. Convenient to public transportation into Manhattan while located within the upscale West Hoboken section of Union City and its many offerings of shopping, entertainment, and fine dining. You really will fall in love at first sight!

Last Agent to Sell the Property

Gregory Cohen

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1865361 Listed on: 05/19/2021

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Anysa Tagaeva

EXP REALTY LLC License #2078531

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,440

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 00001 / 00038
  • Assessor Parcel Number 12086

Community Details

Overview

  • Association fees include parking

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,440

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Inclusions: Chandelier
  • Assessor Parcel Number: 12086
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1200

Exterior Features

  • Exterior Finish: Block, Stone

Garage/Parking

  • Parking Available: 1 Car, 2 Cars, Covered, Garage

Utilities

  • Heating/Cooling: A/C Central, Hot Air

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Elevator, Storage, Shared Backyard
  • Maintenance Fee Includes: Parking

Fee Information

  • Monthly Maintenance Fee: 263

Lot Info

  • Geo Address Line: 801 Palisade Ave
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Lot: 00001

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 8440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 18, 2021
Sold by
Cohen Gregory and Cohen Michele M
Bought by
Li Hongfeng
Seller's Agent
Gregory Cohen
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Anysa Tagaeva
EXP REALTY LLC
List Price
$738,000
Sold Price
$660,000
Premium/Discount to List
-$78,000
-10.57%
Current Estimated Value
$751,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,613
Avg. Annual Appreciation
3.10%
Original Mortgage
$528,000
Outstanding Balance
$475,280
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$276,333

Purchase Details

Closed on
Dec 1, 2017
Sold by
801 Palisade Llc
Bought by
Cohen Gregory and Burgess Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Li Hongfeng $660,000 North Bergen Title Agcy Inc
Cohen Gregory $680,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Hongfeng $528,000
Previous Owner Cohen Gregory $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $660,000 -5.7% $550 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $700,000 -5.1% $583 / Sq Ft
05/19/2021 05/19/21 For Sale $738,000 -- $615 / Sq Ft
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 $12,653 $665,200 $151,200 $514,000
2024 $18,567 $684,700 $151,200 $533,500
2023 $18,567 $241,500 $15,700 $225,800
2022 $1,164 $15,700 $15,700 $0
2021 $1,159 $15,700 $15,700 $0
2020 $1,146 $15,700 $15,700 $0
2019 $1,115 $15,700 $15,700 $0
2018 $1,094 $15,700 $15,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210012103

Hudson County MLS

APN: 10-00038-0000-00001-0000-C0401