Skip main navigation
Sold for $965,000
  • $965,000

    1508 Palisade Ave, Union City, NJ 07087

    10beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,149,800 Zestimate®
    $--/sqft
    $2,496 Estimated rent

    Home value

    $1,149,800

    $1.08M - $1.24M

    $2,496/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,496/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,496/mo

    Rent Zestimate®

    Refinance and save

    $6,556/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,556/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Fully finished basementExtensive storage spaceVast walk-in closetGleaming hardwood floors throughoutRadiant natural lightExpansive eat-in kitchenSizable eat-in kitchen
    Presenting a truly remarkable 2-family home, a prized jewel situated in the heart of Union City This property's location is second to none, and its expansive lot size sets it apart. The standalone structure sprawls over a 30.63x100 lot, a feature seldom found in this vibrant urban context. The home's detached nature gifts it a profusion of windows, allowing radiant natural light to flood from every direction, bathing the meticulously maintained interiors in a warm, welcoming glow. This property marries charm with functionality, boasting a roomy garage at the rear, adept at housing two cars, while an extended driveway can host an additional three vehicles. The fully finished basement is a standout addition, offering three extra rooms and a full bathroom, an ideal space for living, entertaining, or accommodating extended family. The house also offers an added layer of security with cameras throughout the property and a comprehensive electrical alarm system. Both units underwent a thorough renovation in recent years. Unit 1, a three-bedroom, one-bath abode, extends a warm invitation with its gleaming hardwood floors throughout. The sizable eat-in kitchen, equipped with newer stainless steel appliances, is a culinary haven, while the tastefully designed bathroom adds a dash of contemporary sophistication. The master bedroom and two additional bedrooms comfortably accommodate queen-sized beds, guaranteeing abundant living space. In-unit laundry and ample storage space underline the unit's convenience. Unit 2, a four-bedroom, one-bath home, showcases matching gleaming hardwood floors. Its expansive eat-in kitchen, complete with brand new stainless steel appliances, rivals its sister unit's appeal. A newly fashioned bathroom echoes the tasteful aesthetic of Unit 1. The generously-sized master bedroom incorporates an additional smaller room, suitable for a vast walk-in closet, a home office, or a nursery. The remaining bedrooms are well-proportioned, easily fitting queen-sized beds. In-unit laundry and extensive storage space further enhance the home's convenience. The home's prime location is a significant highlight, nestled in a lively neighborhood, a mere two blocks from the bustling Bergenline Avenue shopping district. Its close proximity to Colin Powell Elementary School is a boon for families, while the nearby Hoboken is just a viaduct away. For commuters, the numerous bus options available right at your doorstep ensure easy and quick transportation to the city. This 2-family home is a rare gem, offering an ideal mix of comfortable living, convenience, and appealing charm. Moreover, this property shines as an exceptional investment opportunity. Both units are currently tenant-occupied, ensuring a consistent rental income stream from the get-go. The spacious garage and the basement, too, are rented out, enhancing the property's overall profitability. The home's meticulously maintained condition is a significant advantage for investors, keeping maintenance and attention requirements to a minimum. The high standard of upkeep means that you can concentrate on rent collection without the worry of constant repairs or updates. Whether you're a homebuyer desiring a property with an income-generating unit or an investor scouting for a lucrative addition to your portfolio, this Union City property is an ideal pick. Its blend of prime location, high-quality renovations, and rental income potential makes it a uniquely appealing real estate opportunity in the pulsating heart of Union City

    Zillow last checked:

    Listing updated:

    Listed by:

    AIMEE GURREA 973-932-9606,

    LIBERTY REALTY LLC 201-610-1010

    Bought with:

    , 1005805

    LIBERTY REALTY LLC

    Source: HCMLS,MLS#: 230008046

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s), Gas
    Features
    • Basement: Finished,Full,Walk-Out Access

    Property

    Parking
    • Parking features: 3+ Cars, Garage
    • Has garage: Yes
    Details
    • Parcel number: 4393

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi Level
    • Property subtype: Multi Family
    Materials
    • See Remarks

    Community & HOA

    Location
    • Region: Union City

    Financial & listing details

    • Tax assessed value: $892,200
    • Annual tax amount: $11,761
    • Date on market: 9/16/2023
    • Inclusions: MAJOR APPLIANCES
    • Exclusions: TENANTS' PERSONAL BELONGINGS

    Price history

    DateEventPrice
    9/13/2023Sold$965,000-1%
    Source: HCMLS #230008046 Report a problem
    5/17/2023Listed for sale$975,000+5.4%
    Source: HCMLS #230008046 Report a problem
    6/2/2021Listing removed--
    Source: HCMLS #202009717 Report a problem
    2/22/2021Listing removed$925,000
    Source: HCMLS #202009717 Report a problem
    1/27/2021Price change$925,000-2.5%
    Source: HCMLS #202009717 Report a problem
    8/19/2020Price change$949,000-4.1%
    Source: LIBERTY REALTY LLC #202009717 Report a problem
    6/3/2020Listed for sale$990,000+127.6%
    Source: LIBERTY REALTY LLC #202009717 Report a problem
    6/12/2019Listing removed$2,600
    Source: eXp Realty Report a problem
    5/13/2019Listed for rent$2,600
    Source: eXp Realty Report a problem
    1/8/2008Sold$435,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,488 +3.1%$892,200 +3.1%
    2024$15,998 +35.8%$865,700 +445.5%
    2023$11,777 +612.2%$158,700
    2022$1,654 +5.1%$158,700
    2021$1,574 -2.8%$158,700
    2020$1,620 -84.8%$158,700
    2019$10,649 +0.9%$158,700
    2018$10,554 +0.2%$158,700
    2017$10,528 +1.8%$158,700
    2016$10,341 -14%$158,700
    2015$12,022 +1.2%$158,700 -15.9%
    2014$11,879 +2.3%$188,700
    2013$11,607 +3.6%$188,700
    2012$11,201 +0.1%$188,700
    2011$11,190 +3.2%$188,700
    2010$10,847 +5%$188,700
    2009$10,329 $188,700
    2008-- $188,700
    2007-- $188,700
    2006-- $188,700
    2005-- $188,700
    2004-- $188,700
    2003-- $188,700
    2002-- $188,700
    2001-- $188,700
    Find assessor info on the county website

    Neighborhood: 07087

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,149,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,149,800