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435 Lincoln Street

435 Lincoln Street, Palisades Park, NJ 07650
Property in Bergen
Sold Nov 12, 2021
$1,055,000
$400,000 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2036
Sold Mar 19, 2021
$850,000
Local assessors in Palisades Park, NJ have categorized 435 Lincoln Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,884 square feet. The linear feet between the front and back of the lot was measured at 730 ft and the front of the lot was measured at 1,080 ft. If we look only at the heated or air conditioned part of the building, then 435 Lincoln Street has a total of 2,009 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of brick were used in the construction of the exterior walls of the home. 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, 435 Lincoln Street was last sold in Oct 13, 2021 for $1,055,000. According to our calculations, that's $525.14 per sqft. Prior to that sales transaction, the property was sold for $850,000 in Jan 25, 2021. Current property owners are expected to pay $6,656 in taxes per year. The property on 435 Lincoln Street was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $420,200. To break that down further, the land itself was valued at $410,200. While improvements to the property were assessed at a total of $10,000. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,884
  • Lot Size Depth Feet: 730
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,009
  • Building Area: 2,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 435 LINCOLN STREET CONDOMINIUM
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L SO PT 4LT

Ownership

  • Current Owner : YOO DAVID
  • Previous Owner : BNP MANAGEMENT LLC
  • Owner Before Previous Owner: HAN CHRISTINE
  • Owner Before Previous Owner 2: ESTATE OF JULIAN HAN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Palisades Park Borough School District
  • Census Tract: 041100

Geography

  • Account Number: 027070
  • District: 45
  • Parcel: 45 00224-0000-00020- 01
  • Block: 224
  • Lot: 20.01
  • Municipality: PALISADES PARK BORO
  • Latitude: 40.851
  • Longitude: -73.9951

    Address

  • Full Address: 435 Lincoln St
  • Address - House Number: 435
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Palisades Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1609
  • Zip Code: 07650

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $6,656

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Dec 08, 2021
  • Confidence Score: 77
  • Final Value: 725,128
  • High Value: 852,739
  • Low Value: 597,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $420,200
  • Market Land Value: $410,200
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $420,200
  • Assessed Land Value: $410,200
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11871596202
  • Current Sale Price: $1,055,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021169403
  • Previous Sale Recording Date: Mar 19, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

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Frequently Asked Questions

What neighborhood is 435 Lincoln Street located in?
The 435 Lincoln Street is a located in the neighborhood of Bergen in Palisades Park, Palisades Park.
What is the average sales price for listings in 435 Lincoln Street?
The average sales price for units in 435 Lincoln Street is $0 currently.

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