Sold for $800,000

$800,000

225 Palisade Ave, Garfield, NJ 07026

6beds

2,116sqft

MultiFamily

Built in 1920

-- sqft lot

$910,500 Zestimate^®

$378/sqft

$2,491 Estimated rent

Home value

$910,500

$865,000 - $965,000

$2,491/mo

Zestimate^® history

Owner options

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$2,491/mo

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$2,491/mo

Rent Zestimate^®

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$5,459/mo

Est. payment

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$5,459/mo

Est. payment

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What's special

Great investment opportunity in Garfield. New flat torch roof in 2016, new tankless combi boilers for each unit in 2017, new flooring. Renovated kitchens and baths in the 2 bedroom units, and one of the one bedroom units has a renovated bath. Detached garage is currently rented MTM $100 mo to a non-tenant. Garage to be sold as is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Interior area

Total interior livable area: 2,116 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Cement / Concrete

Lot

Size: 4,512 Square Feet

Details

Parcel number: 2100074000000027

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Tile

Condition

Year built: 1920

Community & HOA

Location

Region: Garfield

Financial & listing details

Price per square foot: $378/sqft
Tax assessed value: $345,000
Annual tax amount: $11,513

Price history

Date	Event	Price
9/15/2023	Sold	$800,000+30.6%$378/sqft
Source: Public Record Report a problem
5/20/2021	Sold	$612,500-5.8%$289/sqft
Source: Agent Provided Report a problem
3/26/2021	Pending sale	$650,000$307/sqft
Source: Weichert Pro #21005022 Report a problem
3/2/2021	Listed for sale	$650,000$307/sqft
Source: Weichert Realtors #21005022 Report a problem
2/20/2021	Pending sale	$650,000$307/sqft
Source: Weichert Pro #21005022 Report a problem
2/13/2021	Listed for sale	$650,000+80.6%$307/sqft
Source: Weichert Realtors #21005022 Report a problem
2/23/2015	Sold	$360,000-2.4%$170/sqft
Source: GSMLS #3169196 Report a problem
8/26/2014	Listing removed	$369,000$174/sqft
Source: REAL LIVING GATEWAY REALTORS-RIDGEWOOD #1424337 Report a problem
7/15/2014	Listed for sale	$369,000+61.1%$174/sqft
Source: REAL LIVING GATEWAY REALTORS-RIDGEWOOD #1424337 Report a problem
10/27/2004	Sold	$229,000-27.3%$108/sqft
Source: Public Record Report a problem
6/11/2003	Sold	$315,000$149/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,513	$345,000
2024	$11,513 +1.7%	$345,000
2023	$11,319	$345,000
2022	--	$345,000 +28.7%
2021	$10,447 +34.1%	$268,000
2020	$7,788 +2.3%	$268,000
2019	$7,614	$268,000
2018	$7,614 +4.9%	$268,000
2017	$7,257 +2.5%	$268,000
2016	$7,078 +2.7%	$268,000
2015	$6,890 +1.9%	$268,000
2014	$6,759 +4.3%	$268,000
2012	$6,480 -4.5%	$268,000
2011	$6,788 +2.7%	$268,000 +66%
2010	$6,611 +4.2%	$161,400
2009	$6,343	$161,400
2007	--	$161,400
2006	--	$161,400
2005	--	$161,400
2004	--	$161,400
2003	--	$161,400
2002	--	$161,400
2001	--	$161,400