$500,000
SOLD OCT 18, 2023

321 Ridge St Unit 323 Newark, NJ 07104

Forest Hill Neighborhood
6 Beds
6 Baths
-- Sq Ft
50 Sq Ft Lot

Recently Sold

11% Above List Price

14 Days on Market

About This Home

As of October 2023

This home is located at 321 Ridge St Unit 323, Newark, NJ 07104 and is currently priced at $500,000. This property was built in 1915. 321 Ridge St Unit 323 is a home located in Essex County with nearby schools including Rafael Hernandez School, First Avenue Elementary School, and Franklin School.

Last Agent to Sell the Property

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 08/08/2023

Last Buyer's Agent

NATHALY CARDENAS

REPROPCO CAPITAL ADVISORS LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,300

Year Built

  • Built in 1915

Lot Details

  • 50 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,300

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Essex
  • Street Number Display: 321
  • I D: 5237866
  • Modified: 2024-10-19
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.20

Lot Info

  • Lot Size: 50.9X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Thompson Faye Newton
Bought by
Thompson Faye Newton and Thompson Samuel
Total Days on Market
14
Current Estimated Value
$716,812

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 27, 2023
Sold by
Marco Adrienne J Wong
Bought by
Thompson Faye Newton
Seller's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
NATHALY CARDENAS
REPROPCO CAPITAL ADVISORS LLC
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Views
265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.40%
Original Mortgage
$657,746
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2011
Sold by
Young Kimberly A
Bought by
Kowalksi Jonathan A

Purchase Details

Closed on
Dec 2, 2004
Sold by
Parker Clinton
Bought by
Kowalski Jonathan and Young Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
5.63%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Smith Mary
Bought by
Sacco Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.96%

Purchase Details

Closed on
Jun 29, 1990
Sold by
Jones Sr James Mc S
Bought by
Smith Mary
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 Type Sale Price Title Company
Quit Claim Deed -- First American Title
Bargain Sale Deed $500,000 First American Title
Deed -- None Available
Deed $485,000 --
Deed $295,000 --
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,285 FHA
Previous Owner $657,746 FHA
Previous Owner $68,000 Credit Line Revolving
Previous Owner $268,000 No Value Available
Previous Owner $90,000 Stand Alone Second
Previous Owner $436,500 No Value Available
Previous Owner $195,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $500,000 +11.1% --
08/22/2023 08/22/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $450,000 +34.3% --
11/03/2016 11/03/16 Sold $335,000 0.0% $85 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $335,000 -- $85 / 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 $11,300 $303,100 $67,500 $235,600
2022 $11,324 $303,100 $67,500 $235,600
2021 $11,318 $303,100 $67,500 $235,600
2020 $11,518 $303,100 $67,500 $235,600
2019 $11,400 $303,100 $67,500 $235,600
2018 $11,193 $303,100 $67,500 $235,600
2017 $10,790 $303,100 $67,500 $235,600
2016 $10,427 $303,100 $67,500 $235,600
2015 $10,030 $303,100 $67,500 $235,600
2014 $9,399 $303,100 $67,500 $235,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3858547

Garden State MLS

APN: 14-00580-0000-00035