NOT LISTED FOR SALE

261 Forest Ave Glen Ridge, NJ 07028

Estimated Value: $1,673,000 - $1,787,000

6 Beds
5 Baths
3,090 Sq Ft
$561/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,218,000 $394 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,737/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Forest Avenue School Rated A-
  • Recreation Room
  • Den

About This Home

As of September 2021

Welcome home to this lovely 1920s English Colonial on the most desirable street in town! The 1st floor boasts a renovated kitchen with stainless steel appliances and Quartz countertops; a large, light filled living room with wood burning fireplace & French doors leading out to the deck; a formal dining room, den & a powder room. 2nd fl has 4 bedrooms, including primary bedroom with bath, & renovated hall bath. 3rd floor has renovated bath and 2 additional bedrooms, perfect for guests or home offices. Walkout basement with rec room, powder room laundry and storage. Hardwood floors throughout and central air plus front yard sprinkler system complete this home. Close to top rated GR schools, NYC direct train, and Brookdale Park. A must see!

Last Agent to Sell the Property

SUSAN LOVIT

COMPASS NEW JERSEY LLC Listed on: 07/07/2021

Co-Listed By

Dana Farber-schwern

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Stephanie Radecki

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,227

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Front Basement Entry
  • Sump Pump
  • French Drain

Outdoor Features

  • Deck

Schools

  • Forest Elementary School
  • Ridgewood Middle School
  • Glen Ridge High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Multiple Heating Units
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1608-00122-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,227

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 261
  • Directions: Between Glen Ridge Pkwy and Avon
  • I D: 5085846
  • Modified: 2022-09-11
  • Number Images: 25
  • First Name: SUSAN
  • First Name2: DANA
  • First Name3: STEPHANIE
  • Last Name: LOVIT
  • Last Name2: FARBER SCHWERN
  • Last Name3: RADECKI
  • Office Phone: 973-310-7360
  • Office Phone2: 973-317-7360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades
  • Number Rooms: 8
  • Bedrooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain, Walkout
  • Basement Level Rooms: Laundry Room, Powder Room, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Vestibul
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Den, Dining Room, Entrance Vestibule, Foyer, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms
  • Phone: 973-310-7360

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Deck, Sidewalk, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

  • Elementary School: FOREST
  • Middle School: RIDGEWOOD
  • High School: GLEN RIDGE
  • High School: GLEN RIDGE
  • Middle Jr High School: RIDGEWOOD

Lot Info

  • Lot Size: 63X140
  • Assessed Improvement Value: 420900
  • Assessed Land Value: 496200
  • Assessment: 917100
  • Easement: Unknown
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 29227
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1608-00122-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.187
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 7, 2021
Sold by
Peck John and Peck Susann
Bought by
Aiguesvives Rene and Aiguesvives Gabrielle
Seller's Agent
SUSAN LOVIT
COMPASS NEW JERSEY LLC
Buyer's Agent
Stephanie Radecki
PROMINENT PROPERTIES SIR
List Price
$929,000
Sold Price
$1,218,000
Premium/Discount to List
$289,000
31.11%
Current Estimated Value
$1,734,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,149
Avg. Annual Appreciation
8.78%
Original Mortgage
$274,000
Outstanding Balance
$250,404
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,459,178

Purchase Details

Closed on
Feb 22, 2000
Sold by
Speno Frank
Bought by
Peck John and Peck Susann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.18%

Purchase Details

Closed on
Jun 7, 1995
Sold by
Buechle Nancy
Bought by
Speno Frank and Speno Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

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Average Value
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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
Aiguesvives Rene $1,218,000 Ridge Title Agency Llc
Peck John $465,000 --
Speno Frank $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiguesvives Rene $274,000
Open Aiguesvives Rene $822,000
Previous Owner Peck John D $150,000
Previous Owner Peck John D $403,300
Previous Owner Peck John D $100,000
Previous Owner Peck John D $411,000
Previous Owner Peck John D $335,905
Previous Owner Peck John D $337,820
Previous Owner Peck John $372,000
Previous Owner Speno Frank $293,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,218,000 +31.1% $394 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $929,000 -- $301 / 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
2025 $30,943 $917,100 $496,200 $420,900
2024 $30,943 $917,100 $496,200 $420,900
2022 $30,200 $917,100 $496,200 $420,900
2021 $29,760 $917,100 $496,200 $420,900
2020 $29,228 $917,100 $496,200 $420,900
2019 $28,348 $917,100 $496,200 $420,900
2018 $27,856 $755,100 $423,500 $331,600
2017 $27,236 $755,100 $423,500 $331,600
2016 $26,459 $755,100 $423,500 $331,600
2015 $25,870 $755,100 $423,500 $331,600
2014 $25,470 $755,100 $423,500 $331,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3725560

Garden State MLS

APN: 08-00122-0000-00006