NOT LISTED FOR SALE

88 W Edsall Blvd Palisades Park, NJ 07650

Estimated Value: $1,264,000 - $1,568,000

7 Beds
6 Baths
3,192 Sq Ft
$453/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $1,400,000 $439 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,053/month

26 Days on Market

About This Home

As of April 2024

This is the ultimate all brick 2 family house located in the heart of Palisades Park, live in one & rent out the other or rent out both, Very Spacious, extremely well maintained, featuring 8 Bedrooms and 6 Full Bathrooms. 1st Floor: 3 bedrooms, 2 full baths, Eat in Kitchen, Living room/ dining area. 2nd Floor:3 bedrooms, 2 full baths, living room/dining area, eat in kitchen. GROUNG LEVEL:1 BR,1 FBTH/ground level with separate entrance. All large sized rooms, hardwood floors throughout, many closet spaces, LL- a sliding glass door that leads to a private backyard and patio. 3 separate utilities (gas AND elec.), separate entrances, two car garage and driveway /accommodate 4 cars. Don't miss out on this extraordinary opportunity to own a 2-family(RESISTED THE 4 FAMILY IN STATE) Near GWB and ALL highways & short walk to express bus to NYC, shopping, supermarkets, schools, dozens of famous restaurant, MUST SEE!

Last Agent to Sell the Property

Sophia Sul

Christie's International Real Estate Group-Fort Lee Listed on: 01/08/2024

Last Buyer's Agent

Kay Suh

C Land Realty Co. Pal Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,306

Lot Details

  • 5,009

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00025 / 00205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 346-0200
  • MLS Status: Sold - Sold
  • Directions: BAROAD AVE TO W. EDSALL BLVD
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Sep Heat

Tax Info

  • Tax Annual Amount: 1306.0
  • Tax Block: 00205
  • Tax Lot: 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Apr 3, 2024
Sold by
Reppas Demetrios and Reppas Catina
Bought by
Seo Peter Hyeon and Park Ji Young
Seller's Agent
Sophia Sul
Christie's International Real Estate Group-Fort Lee
Buyer's Agent
Kay Suh
C Land Realty Co. Pal Park
List Price
$1,429,000
Sold Price
$1,400,000
Premium/Discount to List
-$29,000
-2.03%
Views
12
Current Estimated Value
$1,445,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,908
Avg. Annual Appreciation
2.35%
Original Mortgage
$1,040,000
Outstanding Balance
$1,022,799
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$423,109
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
Seo Peter Hyeon $1,400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seo Peter Hyeon $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $1,400,000 -2.0% $439 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,429,000 -- $448 / 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 $14,100 $1,166,100 $460,800 $705,300
2024 $13,805 $969,100 $439,400 $529,700
2023 $13,703 $933,400 $425,100 $508,300
2022 $13,703 $890,400 $403,800 $486,600
2021 $13,602 $858,700 $384,800 $473,900
2020 $13,369 $866,400 $380,000 $486,400
2019 $13,582 $668,400 $268,400 $400,000
2018 $13,228 $668,400 $268,400 $400,000
2017 $13,094 $668,400 $268,400 $400,000
2016 $12,706 $668,400 $268,400 $400,000
2015 $12,439 $668,400 $268,400 $400,000
2014 $11,877 $668,400 $268,400 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24000672

New Jersey MLS

APN: 45-00205-0000-00025