NOT LISTED FOR SALE

16 Ridge Rd Gladstone, NJ 07934

Estimated Value: $1,322,000 - $1,589,000

5 Beds
5 Baths
-- Sq Ft
2.35 Acres

Last Sold October 30, 2023

Last sale price $1,485,000

Est. 2% increase in value since last sale

Current estimated payment $9,797/month

54 Days on Market

About This Home

As of October 2023

This home is located at 16 Ridge Rd, Gladstone, NJ 07934 since 05 July 2023 and is currently estimated at $1,509,523. This property was built in 1965. 16 Ridge Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Last Agent to Sell the Property

ANNE FERRANTE

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 07/05/2023

Last Buyer's Agent

Rob Sameth

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,524

Year Built

  • Built in 1965

Lot Details

  • 2.35

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,524

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Somerset
  • Street Number Display: 16
  • I D: 5223296
  • Modified: 2024-10-31
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Oct 16, 2023
Sold by
Gore Jason and Gore Megan
Bought by
Chesson James W and Chesson Jami
Seller's Agent
ANNE FERRANTE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Rob Sameth
TURPIN REAL ESTATE, INC.
List Price
$1,650,000
Sold Price
$1,485,000
Premium/Discount to List
-$165,000
-10%
Views
34
Current Estimated Value
$1,509,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,523
Avg. Annual Appreciation
0.86%
Original Mortgage
$726,250
Outstanding Balance
$712,810
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$796,713

Purchase Details

Closed on
Oct 7, 2021
Sold by
Gore Jason and Gore Megan
Bought by
Gore Jason and Gore Megan

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jun 13, 2019
Sold by
Shockley Gregory A and Shockley Holly A
Bought by
Gore Jason and Gore Megan
Seller's Agent
ANNE FERRANTE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ANNE FERRANTE
KL SOTHEBY'S INT'L. REALTY
List Price
$1,065,000
Sold Price
$980,000
Premium/Discount to List
-$85,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$726,525
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Halls Raymond C and Halls Marilyn
Bought by
Shockley Gregory A and Shockley Holly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 1991
Sold by
Bredice John and Bredice Elfriede
Bought by
Halls Raymond C and Halls Marilyn
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
Chesson James W $1,485,000 Green Hill Title
Gore Jason -- Chicago Title Insurance Co
Gore Jason $980,000 Chicago Title Insurance Co
Shockley Gregory A $840,000 Chicago Title Insurance Co
Halls Raymond C $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chesson James W $726,250
Previous Owner Gore Jason $726,525
Previous Owner Shockley Gregory A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $1,485,000 -4.2% --
08/28/2023 08/28/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $1,550,000 -6.1% --
07/05/2023 07/05/23 For Sale $1,650,000 +68.4% --
06/14/2019 06/14/19 Sold $980,000 -8.0% --
04/15/2019 04/15/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $1,065,000 -- --
Source: Garden State 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 $21,524 $1,371,500 $460,800 $910,700
2024 $21,524 $1,260,900 $422,100 $838,800
2023 $18,033 $1,014,800 $402,000 $612,800
2022 $17,663 $961,000 $366,800 $594,200
2021 $17,374 $927,600 $359,800 $567,800
2020 $17,276 $919,400 $352,800 $566,600
2019 $18,603 $994,800 $404,700 $590,100
2018 $18,555 $988,000 $399,800 $588,200
2017 $18,560 $975,800 $380,700 $595,100
2016 $18,534 $965,800 $377,000 $588,800
2015 $17,949 $766,500 $372,900 $393,600
2014 $14,092 $741,700 $362,200 $379,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ANNE FERRANTE

    KL SOTHEBY'S INT'L. REALTY

  • Rob Sameth

    Buyer's Agent in 2023

    Rob Sameth

    TURPIN REAL ESTATE, INC.

    (973) 543-7400

    3 in this area

    24 Total Sales

    Rob Sameth
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3852754

Garden State MLS

APN: 15-00001-01-00002-13

New Jersey Somerset County Gladstone 07934

16 Ridge Rd, Gladstone, NJ

This home is located at 16 Ridge Rd, Gladstone, NJ 07934 since 05 July 2023 and is currently estimated at $1,509,523. This property was built in 1965. 16 Ridge Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

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