NOT LISTED FOR SALE

282 S Broad St Ridgewood, NJ 07450

Estimated Value: $706,000 - $1,031,802

4 Beds
2 Baths
1,520 Sq Ft
$578/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $535,000 $352 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,963/month

24 Days on Market

Highlights

  • Views to the East
  • Property is near a park
  • Baseboard Heating
  • Ridgewood High School Rated A+
  • Detached Garage
  • Laundry Facilities

About This Home

As of April 2018

YOU CAN NOT MISS OUT ON THIS INVESTMENT DEAL TWO FAMILY HOME WITH GREAT RENTAL HISTORY. LOTS OF UPDATES AND RENOVATIONS HAVE BEEN DONE IN RECENT YEARS. EACH FLOOR FEATURES LIVING ROOM , KITCHEN, DINING AREA, TWO BEDROOMS AND FULL BATHROOM. UNFINISHED BASEMENT WITH WASHER AND DRYER FOR EACH UNIT . TWO CAR GARAGE BEING RENTED SEPARATELY . ALL UTILITIES ARE SEPARATE. LOW MAINTENANCE EXPENSES.

Last Agent to Sell the Property

Marcello Petruzzella

Re/Max Venture Realtors Listed on: 10/11/2017

Re/Max Venture Realtors

Last Buyer's Agent

Taylor Lucyk

Christie's International Real Estate Group-Paramus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,485

Year Built

  • 1920

Lot Details

  • 9,235 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Home Design

  • Built in the 1940s
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Additional Features

  • Views to the East
  • Basement Fills Entire Space Under The House

Community Details

  • Laundry Facilities
  • Security

Listing and Financial Details

  • Assessor Parcel Number 025103905 00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,485

Year Built

1920

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: East
  • Year Built: 1940's, Renovated
  • Miscellaneous: Hdwd As In, Security, WW/Carpet As In
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 8
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Laundry: Basement

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Vinyl

Garage/Parking

  • Garage: Detached, 2 Car

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Cooling: Win/AC

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00016
  • Lot Dimensions: 60x153
  • Estimated Lot Sq Ft: 9235
  • Lot Description: Regular

Tax Info

  • Tax: 10485
  • Assessor Parcel Number: 025103905 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Apr 2, 2018
Sold by
Petruzzella Marcello and Rothstein Russell
Bought by
Victor Wang Lt
Seller's Agent
Marcello Petruzzella
Re/Max Venture Realtors
Buyer's Agent
Taylor Lucyk
Christie's International Real Estate Group-Paramus
List Price
$559,000
Sold Price
$535,000
Premium/Discount to List
-$24,000
-4.29%
Total Days on Market
24
Current Estimated Value
$878,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,951
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Aug 26, 2014
Sold by
Petruzzella Marcello
Bought by
Petruzzella Marcello and Rothstein Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2014
Sold by
Saudino Michael
Bought by
Petruzzella Marcello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2000
Sold by
Glidewell Joseph M
Bought by
Quinn Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.93%
Source: Public Records

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Range of Values:

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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
Victor Wang Lt $535,000 --
Petruzzella Marcello -- --
Petruzzella Marcello -- --
Petruzzella Marcello $314,830 --
Quinn Patrick $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victor Wang Lt $305,000
Previous Owner Petruzzella Marcello $325,000
Previous Owner Petruzzella Marcello $325,000
Previous Owner Quinn Patrick $36,000
Previous Owner Quinn Patrick $189,000
Closed Petruzzella Marcello $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $535,000 -4.3% $352 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $559,000 -- $368 / 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
2024 $12,343 $440,200 $250,000 $190,200
2023 $12,031 $440,200 $250,000 $190,200
2022 $12,031 $440,200 $250,000 $190,200
2021 $11,921 $440,200 $250,000 $190,200
2020 $11,608 $440,200 $250,000 $190,200
2019 $11,432 $440,200 $250,000 $190,200
2018 $10,863 $423,500 $250,000 $173,500
2017 $10,748 $423,500 $250,000 $173,500
2016 $10,486 $423,500 $250,000 $173,500
2015 $10,304 $423,500 $250,000 $173,500
2014 $10,100 $423,500 $250,000 $173,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1741015

New Jersey MLS

APN: 51-03905-0000-00016