NOT LISTED FOR SALE

912 Palisade Ave Union City, NJ 07087

Estimated Value: $826,000 - $1,467,583

0.11 Acre
$10,642,236 Price per Acre
4,792 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $1,260,000

Est. 7% decrease in value since last sale

Current estimated payment $7,477/month

81 Days on Market

About This Lot

As of April 2024

Introducing an Exceptional Real Estate Investment Development Opportunity: Luxury Condos with Unrivaled Views of Iconic New York City Skyline! Welcome to a world of luxury and limitless potential. Nestled atop Palisade Avenue, this development offers an extraordinary opportunity to invest in 3 luxurious condos with unrivaled views of the iconic New York City skyline. Each unit comes with 2 dedicated parking spaces, ensuring convenience and peace of mind for residents.Designed with impeccable attention to detail, these condos feature open floor plans that maximize space and showcase modern elegance. The thoughtfully curated rooftop deck provides residents with an exclusive oasis to relax and soak in the breathtaking scenery. Don't miss out on this exclusive opportunity to own a piece of Union City's most coveted address. With unparalleled views, convenient access to amenities, and limitless potential for growth, this development investment is sure to surpass your expectations!

Last Agent to Sell the Property

Francesco Mazzaferro

Christie's International Real Estate Group-Hoboken Listed on: 11/30/2023

Christie's International Real Estate Group-Hoboken

Co-Listed By

Robert Harris

Christie's International Real Estate Group-Hoboken

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,916

Lot Details

Listing and Financial Details

  • Legal Lot and Block 00033 / 00186

Property Details

Property Type

Land

Est. Annual Taxes

$11,916

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Phone: (201) 962-9551
  • MLS Status: Sold - Sold
  • Directions: Use GPS
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: O/See Remk

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Block: 00186
  • Tax Lot: 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Apr 11, 2024
Sold by
Szczesny Michael
Bought by
Sss One Construction Llc
Seller's Agent
Francesco Mazzaferro
Christie's International Real Estate Group-Hoboken
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,260,000
Sold Price
$1,260,000
Views
190
Current Estimated Value
$1,170,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,354
Avg. Annual Appreciation
-5.71%
Original Mortgage
$1,732,500
Outstanding Balance
$1,714,001
Interest Rate
6.74%
Mortgage Type
Construction
Estimated Equity
-$543,355

Purchase Details

Closed on
Mar 16, 2020
Sold by
Sheikh Farouk
Bought by
Szczesny Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2018
Sold by
912 Palisades Ave Llc
Bought by
Sheikh Farouk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sss One Construction Llc $1,260,000 Trident Abstract Title
Szczesny Michael $675,000 None Available
Sheikh Farouk $565,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sss One Construction Llc $1,732,500
Previous Owner Szczesny Michael $64,768
Previous Owner Szczesny Michael $589,132
Previous Owner Sheikh Farouk $605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $1,260,000 0.0% --
02/19/2024 02/19/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $1,260,000 -- --
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 $11,916 $674,000 $476,000 $198,000
2023 $11,916 $155,000 $113,900 $41,100
2022 $11,487 $155,000 $113,900 $41,100
2021 $11,447 $155,000 $113,900 $41,100
2020 $11,317 $155,000 $113,900 $41,100
2019 $11,010 $155,000 $113,900 $41,100
2018 $10,804 $155,000 $113,900 $41,100
2017 $10,701 $155,000 $113,900 $41,100
2016 $10,680 $155,000 $113,900 $41,100
2015 $10,100 $155,000 $113,900 $41,100
2014 $9,875 $155,000 $113,900 $41,100
Source: Public Records

Agents Affiliated with this Home

  • Francesco Mazzaferro

    Seller's Agent in 2024

    Francesco Mazzaferro

    Christie's Real Estate Northern NJ

    (201) 410-3020

    46 in this area

    344 Total Sales

    Francesco Mazzaferro
    Section Image
  • Robert Harris

    Seller Co-Listing Agent in 2024

    Robert Harris

    Christie's Real Estate Northern NJ

    (646) 334-0559

    16 in this area

    82 Total Sales

    Robert Harris
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23036254

New Jersey MLS

APN: 10-00186-0000-00033

New Jersey Hudson County Union City 07087

912 Palisade Ave, Union City, NJ

This home is located at 912 Palisade Ave, Union City, NJ 07087 since 30 November 2023 and is currently estimated at $1,170,646. 912 Palisade Ave is a home located in Hudson County with nearby schools including Thomas A. Edison Elementary School, Sara M. Gilmore Academy, and Emerson Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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