Seller's Agent in 2024
Kathleen Lops
Christie's Real Estate Northern NJ
(201) 410-9845
5 in this area
7 Total Sales
137 Melrose Place Ridgewood, NJ 07450
Estimated Value: $1,636,000 - $2,315,000
6
Beds
5
Baths
3,712
Sq Ft
$557/Sq Ft
Est. Value
Highlights
- Multiple Fireplaces
- Stairway
- Central Air
- Ridgewood High School Rated A+
- En-Suite Primary Bedroom
- Rectangular Lot
About This Home
As of June 2024Welcome to this timeless Ridgewood colonial located on a local, tree-lined street just moments from downtown, train & schools. Classic features greet you from the moment you step inside, columned marble entry foyer, large updated windows, spacious DR & formal living room w fireplace, side porch for quiet reading or home office set up! The heart of this home is the large eat-in kitchen that flows into a grand family room with FP & built-ins, the perfect backdrop for entertaining & holiday gatherings! Lemonade porch flanks side of house with its own separate entry & access to mudroom, powder room & first floor laundry. Second floor boasts three bedrooms, hall bath & beautiful sun-drenched primary suite with FB and walk-in closet. Third floor has two add'l bedrooms & FB! Lower level is fully finished w/ high ceilings, FP & plenty of space for Rec room & gym! Outside is perfect for entertaining on the large patio w yard space & newer, oversized garage. Don't miss this beautiful home!
Last Agent to Sell the Property
Christie's International Real Estate Group-Ridgewood Listed on: 04/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,231
Lot Details
- 0.3 Acre Lot
- Rectangular Lot
Parking
- 2 Car Garage
Interior Spaces
- Multiple Fireplaces
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Accessible Home Design
- Stairway
Schools
- Ridgewood High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00019 / 02206
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
Jun 7, 2024
Sold by
Mcgee Thomas T and Mcgee Molly C
Bought by
Shah Sheel and Shah Shilpi Vikram
Seller's Agent
Kathleen Lops
Christie's International Real Estate Group-Ridgewood
Buyer's Agent
Dana Schwern
Compass New Jersey, LLC-Montclair
List Price
$1,799,000
Sold Price
$2,025,000
Premium/Discount to List
$226,000
12.56%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,406
Avg. Annual Appreciation
5.93%
Original Mortgage
$1,350,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2000
Sold by
Brennan Daniel J and Brennan Terese B
Bought by
Mcgee Thomas T and Mcgee Molly C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.75%
Purchase Details
Closed on
Feb 16, 1994
Sold by
Unanue Thomas
Bought by
Brennan Daniel and Brennan Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.96%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shah Sheel | $2,025,000 | Foundation Title | |
| Mcgee Thomas T | $560,000 | -- | |
| Brennan Daniel | $328,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Sheel | $1,250,000 | |
| Previous Owner | Shah Sheel | $1,350,000 | |
| Previous Owner | Mcgee Thomas T | $150,000 | |
| Previous Owner | Mcgee Thomas T | $500,000 | |
| Previous Owner | Mcgee Thomas T | $360,000 | |
| Previous Owner | Brennan Daniel | $262,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $2,025,000 | +12.6% | $546 / Sq Ft |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | For Sale | $1,799,000 | -- | $485 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $28,587 | $996,400 | $426,200 | $570,200 |
| 2024 | $27,939 | $996,400 | $426,200 | $570,200 |
| 2023 | $27,232 | $996,400 | $426,200 | $570,200 |
| 2022 | $27,232 | $996,400 | $426,200 | $570,200 |
| 2021 | $26,983 | $996,400 | $426,200 | $570,200 |
| 2020 | $26,275 | $996,400 | $426,200 | $570,200 |
| 2019 | $25,877 | $996,400 | $426,200 | $570,200 |
| 2018 | $25,558 | $996,400 | $426,200 | $570,200 |
| 2017 | $25,289 | $996,400 | $426,200 | $570,200 |
| 2016 | $24,671 | $996,400 | $426,200 | $570,200 |
| 2015 | $24,242 | $996,400 | $426,200 | $570,200 |
| 2014 | $23,764 | $996,400 | $426,200 | $570,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Lops
-
Dana Schwern
D
Buyer's Agent in 2024
Dana Schwern
Compass New Jersey, LLC-Montclair
(201) 657-5201
2 in this area
129 Total Sales
-
Susan Lovit
Buyer Co-Listing Agent in 2024
Susan Lovit
Compass New Jersey, LLC-Montclair
(973) 477-7252
2 in this area
131 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24009881
APN: 51-02206-0000-00019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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