NOT LISTED FOR SALE

155 Phelps Rd Ridgewood, NJ 07450

Estimated Value: $2,514,173

0.53 Acre
$4,761,691 Price per Acre
23,000 Sq Ft Lot

Last Sold September 30, 2024

Last sale price $2,275,000 $626 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,182/month

8 Days on Market

About This Lot

As of September 2024

Discover this incredible opportunity with endless possibilities on this expansive 0.5 acre open land lot, ideally situated in one of the most highly coveted towns in Bergen County. This versatile parcel offers a blank canvas to bring your vision to life and build your dream home in one of the most desirable areas. Ridgewood was voted as one of the best places to live in Bergen County by Niche in 2024 and offers a bustling downtown, easy commute to NYC, excellent school system and wonderful community.

Last Agent to Sell the Property

Taylor Lucyk

Christie's International Real Estate Group-Paramus Listed on: 08/27/2024

Last Buyer's Agent

Melinda Cronk

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,595

Lot Details

Listing and Financial Details

  • Legal Lot and Block 00012 / 01605

Property Details

Property Type

Land

Est. Annual Taxes

$21,595

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Phone: (201) 975-4141
  • MLS Status: Sold - Sold
  • Directions: Paramus Rd to Lindwood Ave to N Maple Ave to E Glen to Phelps
  • PropertySubTypeAdditional: Sngl Fam
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: Graded Flat

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Block: 01605
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Sep 27, 2024
Sold by
To Jeffery Kerwin and Robbins Lauren
Bought by
Meyers Katherine and Meyers Matthew
Seller's Agent
Taylor Lucyk
Christie's International Real Estate Group-Paramus
Buyer's Agent
Melinda Cronk
Coldwell Banker, Ridgewood
List Price
$2,300,000
Sold Price
$2,275,000
Premium/Discount to List
-$25,000
-1.09%
Views
17
Current Estimated Value
$2,514,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,173
Avg. Annual Appreciation
10.30%
Original Mortgage
$993,750
Outstanding Balance
$969,491
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,544,682

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 20, 2022
Sold by
Smith Gregory S and Smith Lauren M
Bought by
To Jeffery Kerwin and Robbins Lauren
Seller's Agent
Priscilla Reynolds
Christie's International Real Estate Group-Ridgewood
Buyer's Agent
Laurie Catizone-Jordan
Keller Williams Village Square Realty
List Price
$1,739,000
Sold Price
$2,000,000
Premium/Discount to List
$261,000
15.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Coleman Gerald A
Bought by
Smith Gregory S and Smith Lauren M

Purchase Details

Closed on
Sep 15, 2000
Bought by
Coleman Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meyers Katherine $2,275,000 First Jersey Title
Meyers Katherine $2,275,000 First Jersey Title
Meyers Katherine $2,275,000 First Jersey Title
To Jeffery Kerwin $2,000,000 New Title Company Name
Smith Gregory S $1,775,000 --
Coleman Gerald A -- --
Coleman Gerald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Katherine $993,750
Closed Meyers Katherine $993,750
Previous Owner Coleman Gerald A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $2,275,000 -1.1% $626 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $2,300,000 +15.0% $633 / Sq Ft
04/22/2022 04/22/22 Sold $2,000,000 +15.0% $550 / Sq Ft View Prior Sale
03/25/2022 03/25/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,739,000 -- $478 / 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 $21,595 $735,000 $735,000 --
2024 $39,455 $752,700 $735,000 $17,700
2023 $38,456 $1,407,100 $735,000 $672,100
2022 $38,456 $1,407,100 $735,000 $672,100
2021 $38,104 $1,407,100 $735,000 $672,100
2020 $37,105 $1,407,100 $735,000 $672,100
2019 $36,542 $1,407,100 $735,000 $672,100
2018 $36,092 $1,407,100 $735,000 $672,100
2017 $35,621 $1,403,500 $735,000 $668,500
2016 $34,751 $1,403,500 $735,000 $668,500
2015 $34,147 $1,403,500 $735,000 $668,500
2014 $33,473 $1,403,500 $735,000 $668,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24027629

New Jersey MLS

APN: 51-01605-0000-00012