Seller's Agent in 2024
Sean Farley
Terrie O'Connor Realtors-Main St.
(201) 286-7206
2 in this area
144 Total Sales
327 Franklin Ave Ridgewood, NJ 07450
Estimated Value: $926,000 - $1,022,695
5
Beds
2
Baths
1,881
Sq Ft
$529/Sq Ft
Est. Value
About This Home
As of December 2024The perfect 2-family investment opportunity located close to the heart of Ridgewood where you can enjoy restaurants, shopping and easy transportation into NYC! This top-bottom colonial has has been completely renovated within the last 2 years with new kitchens, new baths and new flooring! The 1st floor offers 2 bedrooms, 1 bath, living room and eat-in kitchen. The 2nd floor features a living room, eat-in kitchen, primary bedroom and full bath while the 3rd floor has 2 additional bedrooms and room for an office or playroom. Large private backyard and patio and plenty of parking with a garage and carport. Each unit has separate washer & dryer, storage and utilities. This opportunity offers a positive cash flow and attractive cap rate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,848
Lot Details
- 9,104
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Additional Features
- Laundry in Basement
- 9,104 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00016 / 03611
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Nov 25, 2024
Sold by
Wyckoff Developers Llc
Bought by
119 Franklin Llc
Seller's Agent
Sean Farley
Terrie O'Connor Realtors-Main St.
Buyer's Agent
Sean Farley
Terrie O'Connor Realtors-Main St.
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,424
Avg. Annual Appreciation
6.50%
Purchase Details
Listed on
May 27, 2022
Closed on
Sep 15, 2022
Sold by
Ranji Shiroy
Bought by
Wyckoff Developers Llc
Seller's Agent
Caren White
Christie's International Real Estate Group-HoHoKus-Ridgewood East
Buyer's Agent
Sean Farley
Terrie O'Connor Realtors-Main St.
List Price
$899,000
Sold Price
$712,000
Premium/Discount to List
-$187,000
-20.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Purchase Details
Closed on
Apr 24, 2013
Sold by
Rockermann Carl R
Bought by
Ranji Shiroy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| 119 Franklin Llc | $930,000 | Fidelity National Title | |
| Wyckoff Developers Llc | -- | New Jersey Land Title | |
| Wyckoff Developers Llc | -- | New Jersey Land Title | |
| Ranji Shiroy | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ranji Shiroy | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $930,000 | -2.1% | $494 / Sq Ft | |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- | |
| 09/11/2024 09/11/24 | For Sale | $950,000 | +33.4% | $505 / Sq Ft | |
| 09/27/2022 09/27/22 | Sold | $712,000 | -10.9% | $379 / Sq Ft | View Prior Sale |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- | |
| 07/12/2022 07/12/22 | Price Changed | $799,000 | -5.9% | $425 / Sq Ft | |
| 06/16/2022 06/16/22 | Price Changed | $849,000 | -5.6% | $451 / Sq Ft | |
| 05/27/2022 05/27/22 | For Sale | $899,000 | -- | $478 / Sq Ft |
Source: New Jersey MLS
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 | $13,298 | $463,500 | $262,700 | $200,800 |
| 2024 | $12,997 | $463,500 | $262,700 | $200,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Farley
-
Caren White
Seller's Agent in 2022
Caren White
Christie's International Real Estate Group-HoHoKus-Ridgewood East
(201) 686-8292
2 in this area
15 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24029340
APN: 51-03611-0000-00016
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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