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412 Palisade Avenue

412 Palisade Avenue, Jersey City, NJ 07307
Multifamily in The Heights
Local assessors in Jersey City, NJ have categorized 412 Palisade Avenue as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 412 Palisade Avenue has a total of 2,898 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of stucco were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 412 Palisade Avenue sold most recently in Sep 13, 2021 for a total of $975,000. If you work out the math, that's approximately a cost of $336.44 per sqft. Before that, the property was also sold for $600,000 in Oct 5, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,608 in taxes each year. 412 Palisade Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $561,100. If we break it down further, the land itself was valued at $212,500. Improvements to the property, however, were assessed at a total of $348,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210423
04/23/2021
5 Bed
3 Bath
-
$1,095,000
bedrooms
5 Bed
bathrooms
3 Bath
$975,000 -10.96%
09/28/2021
LINDA CANTATORE
RENAISSANCE REAL ESTATE OF HOBOKEN, INC

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 3
  • Bedroom Count: 3
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Floor Count: 3
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,898
  • Gross Building Area: 2,898
  • Building Area: 2,898
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,898
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VEN VORST HEIGHTS CO
  • Land Acres: 0.057
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : CAPPELLO PHILIP BRUCE
  • Previous Owner : AM REALTY ON THE HEIGHTS LLC
  • Owner Before Previous Owner: CHEUNG ADA
  • Owner Before Previous Owner 2: NG KAUFMAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jersey City School District
  • Census Tract: 000800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 39
  • Account Number: 00090282
  • District: 06
  • Parcel: 06 03903-0000-00022
  • Block: 3903
  • Lot: 22
  • Municipality: JERSEY CITY CITY
  • Latitude: 40.7424
  • Longitude: -74.045

    Address

  • Full Address: 412 Palisade Ave
  • Address - House Number: 412
  • Address - Street Name: Palisade
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jersey City
  • Carrier Code: C038
  • 4-Digit Zip Code: 1673
  • Zip Code: 07307

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,608

    Appraisal Valuation

  • Standard Deviation: 0.2761
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 1,041,635
  • High Value: 1,329,241
  • Low Value: 754,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $345,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $561,100
  • Market Land Value: $212,500
  • Market Improvement Value: $348,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,100
  • Assessed Land Value: $212,500
  • Assessed Improvements Value: $348,600

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11860099172
  • Current Sale Price: $975,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20210928010101460
  • Previous Sale Recording Date: Oct 06, 2016
  • Previous Sale Contract Date: Oct 05, 2016
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $345,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM BANK
  • Previous Mortgage Transaction Date: Oct 06, 2016
  • Previous Mortgage Loan Amount: $420,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About The Heights



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Frequently Asked Questions

What neighborhood is 412 Palisade Avenue located in?
The 412 Palisade Avenue is a multifamily located in the neighborhood of The Heights in The Heights, Jersey City.
What is the average sales price for listings in 412 Palisade Avenue?
The average sales price for units in 412 Palisade Avenue is $1,095,000 currently.

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