225 Ridge Rd Watchung, NJ 07069
Estimated Value: $1,310,000 - $2,047,000
--
Bed
--
Bath
5,861
Sq Ft
$289/Sq Ft
Est. Value
About This Home
This home is located at 225 Ridge Rd, Watchung, NJ 07069 and is currently estimated at $1,691,639, approximately $288 per square foot. 225 Ridge Rd is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 13, 2007
Sold by
Utsumi Takao and Utsumi Teiko
Bought by
Lijo Gustavo and Lijo Marybeth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$257,994
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,433,645
Purchase Details
Closed on
Jun 14, 1994
Sold by
Westbrook Paul
Bought by
Utsumi Takao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
8.74%
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 |
|---|---|---|---|
| Lijo Gustavo | $763,000 | Fidelity Natl Title Ins Co | |
| Utsumi Takao | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lijo Gustavo | $405,000 | |
| Previous Owner | Utsumi Takao | $338,000 |
Source: Public Records
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 | $24,084 | $1,362,800 | $342,400 | $1,020,400 |
| 2024 | $24,084 | $1,205,400 | $295,500 | $909,900 |
| 2023 | $25,694 | $1,258,900 | $295,500 | $963,400 |
| 2022 | $25,599 | $1,218,400 | $284,200 | $934,200 |
| 2021 | $23,632 | $1,164,700 | $263,100 | $901,600 |
| 2020 | $24,449 | $1,148,900 | $260,400 | $888,500 |
| 2019 | $23,632 | $1,138,900 | $260,400 | $878,500 |
| 2018 | $22,602 | $1,135,200 | $260,400 | $874,800 |
| 2017 | $22,226 | $1,123,100 | $238,800 | $884,300 |
| 2016 | $23,139 | $1,106,600 | $238,800 | $867,800 |
| 2015 | $22,900 | $629,800 | $227,500 | $402,300 |
| 2014 | $12,926 | $617,300 | $227,500 | $389,800 |
Source: Public Records
Map
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