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702 Palisade Avenue

702 Palisade Avenue, Union City, NJ 07087
Multifamily in Hudson
Sold Jan 18, 2022
$572,000
$523,809 by Pinnacle Mortgage Inc
Mortgage Due Jan 01, 2052
Sold Aug 01, 2014
$382,000
$266,250 by Pinnacle Mortgage Inc
Mortgage Due Aug 01, 2044
702 Palisade Avenue in Union City, NJ was first built in 1898 and is 126 years old. This has been categorized as a residential property type. There are a total of 2 floors. 702 Palisade Avenue has 2,094 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 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. 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 frame control joints. As for heating, the home is utilizing a heating system. 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, 702 Palisade Avenue was last sold in Dec 22, 2021 for $572,000. According to our calculations, that's $273.16 per sqft. Prior to that sales transaction, the property was sold for $382,000 in Jun 24, 2014. Current property owners are expected to pay $13,900 in taxes per year. The property on 702 Palisade Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $180,800. To break that down further, the land itself was valued at $115,000. While improvements to the property were assessed at a total of $65,800. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Aluminum Siding
Block Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • 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: 2,094
  • Building Area: 2,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LUGO ERIKA
  • Current Owner 2: VELASQUEZ OSCAR
  • Previous Owner : FONG
  • Previous Owner 2: CRISTINA
  • Owner Before Previous Owner: OVIEDO GLADYS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union City School District
  • Census Tract: 017800

Zoning

  • Zoning: R

Geography

  • Account Number: 447600
  • District: 10
  • Parcel: 10 00186-0000-00006
  • Block: 186
  • Lot: 6
  • Municipality: UNION CITY CITY
  • Latitude: 40.7556
  • Longitude: -74.0365

    Address

  • Full Address: 702 Palisade Ave
  • Address - House Number: 702
  • Address - Street Name: Palisade
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Union City
  • Carrier Code: C004
  • 4-Digit Zip Code: 4124
  • Zip Code: 07087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $523,809
  • First Open Lien Mortgage Lender: PINNACLE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $523,809
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $180,800
  • Market Land Value: $115,000
  • Market Improvement Value: $65,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,800
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $65,800

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11887461549
  • Current Sale Price: $572,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10006160
  • Previous Sale Recording Date: Aug 01, 2014
  • Previous Sale Contract Date: Jun 24, 2014
  • Previous Sale Amount: $382,000
  • Previous Sale Document Type: Deed of Guardian

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE MORTGAGE INC
  • First Mortgage Transaction Date: Jan 18, 2022
  • First Mortgage Loan Amount: $523,809
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 01, 2014
  • Previous Mortgage Loan Amount: $266,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Union City



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Frequently Asked Questions

What neighborhood is 702 Palisade Avenue located in?
The 702 Palisade Avenue is a multifamily located in the neighborhood of Hudson in Union City, Union City.
What is the average sales price for listings in 702 Palisade Avenue?
The average sales price for units in 702 Palisade Avenue is $0 currently.

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