NOT LISTED FOR SALE

123 Chestnut Ridge Rd Saddle River, NJ 07458

Estimated Value: $3,595,000 - $4,771,000

5 Beds
8 Baths
8,714 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $3,000,000 $344 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $25,585/month

46 Days on Market

Highlights

  • 261,360 Sq Ft lot
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Wandell Elementary School Rated A+
  • Central Air

About This Home

As of July 2022

Gated Estate majestically set on 6 acres with panoramic vistas of lush acreage. This beautifully appointed stunning Tudor home boasts over 9,000 square feet of living space. Upon entering the opulent entry foyer you will find a bright and sundrenched living room with fireplace; family room with fireplace surrounded by elegant, detailed columns; open and large formal dining room; office; powder room; large, gourmet eat-in-kitchen with custom cabinetry, stainless steel appliances, and a fireplace; a greenhouse; and a powder room. Make your way up the sweeping staircase where you'll find the master bedroom suite with fireplace, sitting room with fireplace, and master bathroom. The second level is complemented with 4 full en-suite bedrooms. The lower level is fully finished with a recreation room, full bathroom, and sauna. This home is the perfect suburban oasis!

Last Agent to Sell the Property

Jolanta Krygier

Christie's International Real Estate Group-Ridgewood Listed on: 03/17/2022

Christie's International Real Estate Group-Ridgewood

Last Buyer's Agent

Kristin Gildea Fox

Christie's International Real Estate Group-HoHoKus-Ridgewood East

Christie's International Real Estate Group-HoHoKus-Ridgewood East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,058

Lot Details

  • 6 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Wandell Elementary School
  • Northern Highlands School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00008 / 01702

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,058

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunrise
  • Co List Office Phone: 201-962-9552
  • MLS Status: Sold - Sold
  • Directions: Chestnut Ridge Road
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Tudor
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Full Finished w/Rec rm/full bth & sauna

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick, Stucco

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, See Remarks

Schools

  • Elementary School: Wandell School
  • High School: Northern Highlands
  • Elementary: Wandell School

Lot Info

  • Lot Dimensions: 6 acres
  • Lot Size Sq Ft: 261360.0

Tax Info

  • Tax Annual Amount: 39058.0
  • Tax Block: 01702
  • Tax Lot: 00008

MLS Schools

  • High School Text: Northern Highlands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 2, 2022
Sold by
Saddle River 123 Holdings Inc
Bought by
Verage Garrett and Mancini Laraine
Seller's Agent
Jolanta Krygier
Christie's International Real Estate Group-Ridgewood
Buyer's Agent
Kristin Gildea Fox
Christie's International Real Estate Group-HoHoKus-Ridgewood East
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Current Estimated Value
$4,124,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,504
Avg. Annual Appreciation
10.85%
Original Mortgage
$2,300,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Sigmund Phyllis
Bought by
Saddle River 123 Holdings Inc

Purchase Details

Closed on
Jun 28, 2002
Sold by
Sigmund Phyllis
Bought by
Saperstein Richard S and Saperstein Andrea D

Purchase Details

Closed on
Sep 28, 1994
Sold by
Vanitallie John and Vanitallie Ingeborg
Bought by
Sigmund Paul and Sigmund Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
8.43%
Source: Public Records

Range of Values:

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Average Value
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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
Verage Garrett $3,000,000 New Jersey Land Title
Saddle River 123 Holdings Inc $3,500,000 --
Saperstein Richard S $307,300 --
Sigmund Paul $1,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verage Garrett $2,300,000
Previous Owner Sigmund Paul $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $3,000,000 -6.3% $344 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $3,200,000 -- $367 / Sq Ft
Source: New Jersey 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 $33,670 $3,250,000 $1,756,300 $1,493,700
2024 $41,583 $3,250,000 $1,756,300 $1,493,700
2023 $40,484 $4,072,800 $1,756,300 $2,316,500
2022 $40,484 $4,072,800 $1,756,300 $2,316,500
2021 $40,117 $4,072,800 $1,756,300 $2,316,500
2020 $39,058 $4,072,800 $1,756,300 $2,316,500
2019 $37,510 $4,072,800 $1,756,300 $2,316,500
2018 $36,900 $4,072,800 $1,756,300 $2,316,500
2017 $33,230 $3,280,400 $1,750,000 $1,530,400
2016 $33,427 $3,280,400 $1,750,000 $1,530,400
2015 $32,378 $3,280,400 $1,750,000 $1,530,400
2014 $32,050 $3,280,400 $1,750,000 $1,530,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22008748

New Jersey MLS

APN: 58-01702-0000-00008