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1225 Palisade Avenue

1225 Palisade Avenue, Fort Lee, NJ 07024
Property in Bergen
Sold Feb 19, 2020
$579,000
$430,000 by Summit Mortgage
Mortgage Due Dec 01, 2049
Sold Jan 25, 1977
$82,000
1225 Palisade Avenue in Fort Lee, NJ was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. 1225 Palisade Avenue has 2,100 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 4,750 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The exterior walls of the home are made of stucco. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1225 Palisade Avenue was last sold in Nov 4, 2019 for $579,000. According to our calculations, that's $275.71 per sqft. Prior to that sales transaction, the property was sold for $82,000 in Jan 25, 1977. Current property owners are expected to pay $9,934 in taxes per year. The property on 1225 Palisade Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $400,100. To break that down further, the land itself was valued at $242,700. While improvements to the property were assessed at a total of $157,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DONG XINGBIN
  • Current Owner 2: PEN YIMENG
  • Previous Owner : SANTACROCE ANDREW
  • Previous Owner 2: SANTACROCE LISA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fort Lee Borough School District
  • Census Tract: 019305

Zoning

  • Zoning: R2

Geography

  • Account Number: 028660
  • District: 19
  • Parcel: 19 01856-0000-00011
  • Block: 1856
  • Lot: 11
  • Municipality: FORT LEE BORO
  • Latitude: 40.8384
  • Longitude: -73.9783

    Address

  • Full Address: 1225 Palisade Ave
  • Address - House Number: 1225
  • Address - Street Name: Palisade
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Fort Lee
  • Carrier Code: C019
  • 4-Digit Zip Code: 6413
  • Zip Code: 07024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,934

    Appraisal Valuation

  • Standard Deviation: 0.1997
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 778,883
  • High Value: 934,486
  • Low Value: 623,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 19, 2020
  • First Open Lien Mortgage Loan Amount: $430,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $400,100
  • Market Land Value: $242,700
  • Market Improvement Value: $157,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,100
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $157,400

    Sales

  • Current Sale Contract Date: Nov 04, 2019
  • Current Sale Recording Date: Feb 19, 2020
  • Current Sale Transaction ID: 11749204201
  • Current Sale Price: $579,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020019308
  • Previous Sale Recording Date: Jan 25, 1977
  • Previous Sale Contract Date: Jan 25, 1977
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE
  • First Mortgage Transaction Date: Feb 19, 2020
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 1225 Palisade Avenue located in?
The 1225 Palisade Avenue is a located in the neighborhood of Bergen in Fort Lee, Fort Lee.
What is the average sales price for listings in 1225 Palisade Avenue?
The average sales price for units in 1225 Palisade Avenue is $0 currently.

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