NOT LISTED FOR SALE

341 Franklin Ave Ridgewood, NJ 07450

Estimated Value: $855,000 - $1,216,000

4 Beds
1.5 Baths
2,421 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $665,000 $275 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,953/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Ridgewood High School Rated A+
  • High Ceiling
  • Skylights

About This Home

As of September 2022

GRACIOUS 4 BEDROOM, 1.5 BATH COLONIAL IN THE SOMERVILLE SCHOOL AREA, HAS BEAUTIFUL ARCHITECTURAL DETAILS THROUGHOUT INCLUDING HIGH CEILINGS, CHESTNUT TRIM, BUILT INS,FRONT & BACK STAIRCASE, H/W FLOORS (AS INSTALLED). INVITING FRONT PORCH OPENS TO THE LIVING ROOM WITH BUILT IN BOOKCASES, DINING ROOM, BUTLERS PANTRY, SPACIOUS EAT IN KITCHEN WITH SKYLIGHT,GRANITE COUNTERTOPS, STAINLESS APPLIANCES AND A LARGE PANTRY. ADJACENT TO THE KITCHEN IS A NICE SIZED DEN/OFFICE AND POWDER ROOM. THE BACK OF THE HOUSE HAS ANOTHER LARGE FAM ROOM WHICH SPANS THE WIDTH OF THE HOUSE AND IS THE PERFECT SPOT FOR ENTERTAINING. THE SECOND FLOOR FEATURES THREE BEDROOMS ALL WITH HARDWOOD FLOORS AND CROWN MOLDINGS AND AN UPDATED FULL BATH(SOT). THE THIRD FLOOR INCLUDES A FOURTH BEDROOM AND STORAGE. THE DEEP REAR YARD IS FULLY FENCED WITH A PAVER PATIO,NEWER LANDSCAPING AND A DETACHED 1 CAR GARAGE.CENTRAL AIR AND MANY UPDATES.CLOSE TO VIBRANT DOWNTOWN,NYC TRAIN/BUS SCHOOLS,& TOWN POOL.

Last Agent to Sell the Property

Jennifer Parsekian

KELLER WILLIAMS VILLAGE SQUARE Listed on: 08/05/2022

KELLER WILLIAMS VILLAGE SQUARE

Last Buyer's Agent

Wendy Herzon

TERRIE O'CONNOR REALTORS

TERRIE O'CONNOR REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,274

Year Built

  • Built in 1915

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • 2,421 Sq Ft Home
  • Dry Bar
  • High Ceiling
  • Skylights
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio

Schools

  • Somerville Elementary School
  • Franklin Middle School
  • Ridgewood High School

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1151-03611-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,274

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: CHANDELIER IN DINING ROOM AND BREAKFAST ROOM. TRAMPOLINE NEGOTIABLE
  • Street Number Display: 341
  • Directions: FRANKLIN BETWEEN GODWIN AND NORTH IRVING
  • I D: 5171150
  • Modified: 2023-09-27
  • Number Images: 43
  • First Name: JENNIFER
  • First Name3: WENDY
  • Last Name: PARSEKIAN
  • Last Name3: HERZON
  • Office Phone: 201-445-4300
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Bar-Dry, High Ceilings, Skylight
  • Number Rooms: 9
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room
  • Dining Room Level: First
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Porch
  • Estimated Sq Ft: 2421
  • Phone: 201-445-4300

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Sidewalk, Storm Door(s), Storm Window(s), Underground Lawn Sprinkler, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: SOMERVILLE
  • Middle School: FRANKLIN
  • High School: RIDGEWOOD
  • High School: RIDGEWOOD
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .209 AC
  • Assessed Improvement Value: 278600
  • Assessed Land Value: 262700
  • Assessment: 541300
  • Lot Description: Level Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14274
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1151-03611-0000-00013-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.708
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: SOMERVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 26, 2022
Sold by
Maynard Jennifer S
Bought by
Elliott Shannon and Elliott Sean Patrick
Seller's Agent
Jennifer Parsekian
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
Wendy Herzon
TERRIE O'CONNOR REALTORS
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Current Estimated Value
$1,062,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,167
Avg. Annual Appreciation
16.45%
Original Mortgage
$532,000
Outstanding Balance
$514,565
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$529,070

Purchase Details

Closed on
Jul 8, 2014
Sold by
Bellorgey Julien and Tunick Britt
Bought by
Maynard Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2009
Sold by
Sposa Darren
Bought by
Bellorgey Julien and Sposa Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,600
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2002
Sold by
Waldron John A
Bought by
Sposa Darren and Creekmore Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.17%
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
Elliott Shannon $665,000 Stewart Title
Maynard Jennifer S $605,000 --
Bellorgey Julien $597,000 --
Sposa Darren $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Shannon $532,000
Previous Owner Maynard Jennifer S $357,874
Previous Owner Maynard Jennifer S $368,750
Previous Owner Maynard Jennifer S $371,700
Previous Owner Maynard Jennifer S $417,000
Previous Owner Bellorgey Julien $458,000
Previous Owner Bellorgey Julien $477,600
Previous Owner Sposa Darren $382,500
Previous Owner Waldron John A $20,000
Previous Owner Waldron John Aden $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $665,000 0.0% $275 / Sq Ft
09/26/2022 09/26/22 Sold $665,000 -4.9% $317 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/18/2022 08/18/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $699,000 0.0% $289 / Sq Ft
08/05/2022 08/05/22 For Sale $699,000 0.0% $333 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $699,000 -6.7% $333 / Sq Ft
06/17/2022 06/17/22 For Sale $749,000 -- $357 / 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 $15,530 $541,300 $262,700 $278,600
2024 $15,178 $541,300 $262,700 $278,600
2023 $14,794 $541,300 $262,700 $278,600
2022 $14,794 $541,300 $262,700 $278,600
2021 $14,658 $541,300 $262,700 $278,600
2020 $14,274 $541,300 $262,700 $278,600
2019 $14,058 $541,300 $262,700 $278,600
2018 $13,884 $541,300 $262,700 $278,600
2017 $13,738 $541,300 $262,700 $278,600
2016 $12,801 $517,000 $262,700 $254,300
2015 $12,579 $517,000 $262,700 $254,300
2014 $12,330 $517,000 $262,700 $254,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3800596

Garden State MLS

APN: 51-03611-0000-00013