NOT LISTED FOR SALE

101 Ridgewood Way Burlington, NJ 08016

Estimated Value: $485,000 - $527,000

3 Beds
2.5 Baths
1,703 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $420,500 $247 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,409/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Garden View
  • Colonial Architecture
  • Vaulted Ceiling
  • No HOA

About This Home

As of June 2022

Welcome to this stunning colonial home located in the prestigious Bridle Club. Just bring your luggage and get ready to live your best life. This home offers vaulted ceilings, a cozy family room that features a fireplace and three nice size bedrooms. There is also a newly renovated kitchen with all the trimmings and a fully finished basement which includes a bar and Plasma TV (both are staying with the sale of the home). Beyond the kitchen, you will find an incredible oversized deck featuring a permanent gazebo which is perfect for entertaining!

Burlington Twp is conveniently located to several major highways including the NJ Turnpike, Rte 295 and Rte 38. It is also approximately 30 mins to the Joint Military Base in Fort Dix, NJ. There is plenty of shopping, restaurants and family activities for all ages all close by. Don't miss this wonderful opportunity. Schedule your tour today!

Last Agent to Sell the Property

Audrianna Monroe-Seifert

Better Homes and Gardens Real Estate Maturo License #0566495 Listed on: 05/14/2022

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Nicole Sommese

Tesla Realty Group, LLC License #RS351962

Tesla Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,924

Year Built

  • Built in 1990

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 51.00 x 100.00
  • Property is zoned R-20

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,703 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Carpet
  • Garden Views
  • Finished Basement
  • Sump Pump
  • Attic Fan
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Gazebo

Location

  • Suburban Location

Schools

  • Fountain Woods Elementary School
  • Burlington Township Middle School
  • Burlington Township High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 100 Amp Service
  • Electric Water Heater
  • No Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bridle Club Subdivision

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 06-00131 16-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,924

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer and Dryer
  • Historic: No
  • Home Warranty: No
  • Inclusions: All Kitchen appliances including the Refrigerator, dishwasher, stove and microwave all in AS IS condition.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-14
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to this stunning colonial home located in the prestigious Bridle Club. Just bring your luggage and get ready to live your best life. This home offers vaulted ceilings, a cozy family room that features a fireplace and three nice size bedrooms. There is also a newly renovated kitchen with all the trimmings and a fully finished basement which includes a bar and Plasma TV (both are staying with the sale of the home). Beyond the kitchen, you will find an incredible oversized deck featuring a permanent gazebo which is perfect for entertaining! Burlington Twp is conveniently located to several major highways including the NJ Turnpike, Rte 295 and Rte 38. It is also approximately 30 mins to the Joint Military Base in Fort Dix, NJ. There is plenty of shopping, restaurants and family activities for all ages all close by. Don't miss this wonderful opportunity. Schedule your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet
  • Interior Amenities: Attic/House Fan, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Kitchen - Island
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump
  • Laundry Type: Hookup, Lower Floor
  • Total Sq Ft: 1703
  • Living Area Sq Ft: 1703
  • Price Per Sq Ft: 229.00
  • Above Grade Finished Sq Ft: 1703
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo
  • Construction Materials: Combination, Concrete, Vinyl Siding
  • Roof: Unknown
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Septic System
  • Utilities: Natural Gas Available, Cable Tv Available, Phone Available, Water Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: BURLINGTON TOWNSHIP
  • Elementary School: FOUNTAIN WOODS
  • Middle School: BURLINGTON TOWNSHIP
  • High School: BURLINGTON TOWNSHIP
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396956
  • School District Source: 3rd Party
  • Elementary School: FOUNTAIN WOODS
  • High School: BURLINGTON TOWNSHIP
  • Middle Or Junior School: BURLINGTON TOWNSHIP

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 204600.00
  • Land Assessed Value: 59200.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 51.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5097.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: R-20
  • Zoning Description: residential

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1611864
  • Tax Annual Amount: 7924.00
  • Assessor Parcel Number: 06-00131 16-00024
  • Tax Lot: 00024
  • Tax Total Finished Sq Ft: 1703
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: BURLINGTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jun 30, 2022
Sold by
Davis-Colley and Edward
Bought by
Gbaka Adel and Gbaka Michael S
Seller's Agent
Audrianna Monroe-Seifert
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Nicole Sommese
Tesla Realty Group, LLC
List Price
$389,990
Sold Price
$420,500
Premium/Discount to List
$30,510
7.82%
Current Estimated Value
$500,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,295
Avg. Annual Appreciation
5.68%
Original Mortgage
$299,501
Outstanding Balance
$288,409
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$211,521

Purchase Details

Closed on
Oct 26, 2012
Sold by
Davis Lereese and Davis Colley Lereese
Bought by
Davis Colley Lereese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,902
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2003
Sold by
Amy Richard and Amy Stephanie A
Bought by
Davis Lereese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gbaka Adel $420,500 Voorhees Gregory X
Davis Colley Lereese -- None Available
Davis Lereese $265,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gbaka Adel $299,501
Previous Owner Davis Colley Lereese $226,902
Previous Owner Davis Lereese $189,000
Previous Owner Davis Colley Lereese M $38,300
Previous Owner Davis Lereese $38,300
Previous Owner Davis Le Reese M $210,997
Previous Owner Davis Lereese $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $420,500 +7.8% $247 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $389,990 -- $229 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,998 $263,800 $59,200 $204,600
2024 $7,880 $263,800 $59,200 $204,600
2023 $7,880 $263,800 $59,200 $204,600
2022 $7,845 $263,800 $59,200 $204,600
2021 $7,925 $263,800 $59,200 $204,600
2020 $7,906 $263,800 $59,200 $204,600
2019 $7,925 $263,800 $59,200 $204,600
2018 $7,806 $263,800 $59,200 $204,600
2017 $7,758 $263,800 $59,200 $204,600
2016 $7,050 $235,000 $65,000 $170,000
2015 $6,928 $235,000 $65,000 $170,000
2014 $6,674 $235,000 $65,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2025162

Bright MLS

APN: 06-00131-16-00024