NOT LISTED FOR SALE

162 Ridge St Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $600,139 - $742,000

-- Bed
-- Bath
3,285 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $232,000 $71 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $4,580/month

About This Home

As of April 2015

This home is located at 162 Ridge St, Newark, NJ 07104 since 07 April 2015 and is currently estimated at $672,785, approximately $204 per square foot. This property was built in 1952. 162 Ridge St is a home located in Essex County with nearby schools including Franklin School, First Avenue Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

LOUIS FARINA

SIGNATURE HOMES & ESTATES INC Brokerage Phone: 973-283-8800 Listed on: 04/07/2015

Last Buyer's Agent

LOUIS FARINA

SIGNATURE HOMES & ESTATES INC Brokerage Phone: 973-283-8800 Listed on: 04/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,820

Year Built

  • 1952

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,820

Year Built

1952

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 162
  • I D: 4480311
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-283-8800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Lot Info

  • Lot Size: 28X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Feb 12, 2015
Sold by
Durand Ted
Bought by
Sabah Alberto and Sabah Mercedes
Seller's Agent
LOUIS FARINA
SIGNATURE HOMES & ESTATES INC
Buyer's Agent
LOUIS FARINA
SIGNATURE HOMES & ESTATES INC
Sold Price
$232,000
Total Days on Market
0
Current Estimated Value
$672,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,785
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Hauptman Guy and Moshkovich Albena
Bought by
Durand Ted

Purchase Details

Closed on
Jun 17, 2009
Sold by
Chery Marc and Chery Maria
Bought by
Hauptman Guy and Moshkovich Albena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Flanigan Erroll and Flanigan Errol
Bought by
Chery Marc and Brewington Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2006
Sold by
Bennett Linda Flanigan
Bought by
Flanigan Erroll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2005
Sold by
Turner Anselma
Bought by
Bennett Linda Flanigan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 1996
Sold by
Calado Armando
Bought by
Turner Anselma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.89%

Purchase Details

Closed on
Apr 17, 1989
Sold by
Dennis Owen and Dennis Lucille
Bought by
Calado Armando F and Calado America D
Source: Public Records

Similar Home in Newark, NJ

  • 61-63 Wainwright St, Newark, NJ 07112

    $669,999

    • Studio
    • 3,222 Sq Ft
    • 61-63 Wainwright St
    • Newark, NJ

    Are you seeking to owner-occupy or rent an income producing property? this is the perfect opportunity to do BOTH. This property has low taxes $7,073. The property has separate entrances. There are separate electrical panels, hot water heaters and furnaces for each unit of the home. The location is conveniently located near route 78,GSP, Newark Airport, schools and transportation. This

    Sylvia Robinson-Boyer HomeSmart First Advantage Realty

    Section Image
See All Homes in Newark

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sabah Alberto $234,000 --
Durand Ted $95,000 --
Durand Ted $95,000 --
Hauptman Guy $192,000 None Available
Chery Marc $432,000 None Available
Flanigan Erroll $399,000 --
Bennett Linda Flanigan $340,000 --
Turner Anselma $187,500 --
Calado Armando F $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sahajanand $94,000
Open Patel Sahajanand $382,500
Closed Patel Sahajanand $352,500
Closed Patel Sahaganand $351,037
Previous Owner Hauptman Guy $144,000
Previous Owner Chery Marc $432,000
Previous Owner Flanigan Erroll $374,000
Previous Owner Flanigan Erroll $279,300
Previous Owner Bennett Linda Flanigan $306,000
Previous Owner Turner Anselma $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2015 04/07/15 Sold $232,000 -- $71 / Sq Ft
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
2024 $9,820 $263,400 $21,600 $241,800
2022 $9,841 $263,400 $21,600 $241,800
2021 $9,835 $263,400 $21,600 $241,800
2020 $10,009 $263,400 $21,600 $241,800
2019 $9,906 $263,400 $21,600 $241,800
2018 $6,526 $176,700 $21,600 $155,100
2017 $6,291 $176,700 $21,600 $155,100
2016 $6,078 $176,700 $21,600 $155,100
2015 $5,847 $176,700 $21,600 $155,100
2014 $5,479 $176,700 $21,600 $155,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    LOUIS FARINA

    SIGNATURE HOMES & ESTATES INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3171820

Garden State MLS

APN: 14-00508-0000-00006

New Jersey Essex County Newark 07104 Seventh Avenue

162 Ridge St, Newark, NJ

This home is located at 162 Ridge St, Newark, NJ 07104 since 07 April 2015 and is currently estimated at $672,785, approximately $204 per square foot. This property was built in 1952. 162 Ridge St is a home located in Essex County with nearby schools including Franklin School, First Avenue Elementary School, and Rafael Hernandez School.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes