NOT LISTED FOR SALE

Estimated Value: $444,000 - $523,000

7 Beds
3 Baths
2,067 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 349 Ridgewood Ave, Newark, NJ 07112 and is currently estimated at $496,584, approximately $240 per square foot. 349 Ridgewood Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Derbalian Avedis and Derbalian Lisa
Bought by
349 Ridgewood Llc
Current Estimated Value
$496,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2021
Sold by
349 Ridgewood Avenue Llc
Bought by
Derbalian Avedis and Derbalian Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,547
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2016
Sold by
Dvoynos Sergey
Bought by
349 Ridgewood Ave Llc

Purchase Details

Closed on
Jan 16, 2014
Sold by
Profit Properties Of
Bought by
Dvoynos Sergey

Purchase Details

Closed on
Dec 20, 2011
Sold by
Eminent Properties Llc
Bought by
Profit Properties Of Nj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2011
Sold by
Bank Of America N A
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Bank Of America N A

Purchase Details

Closed on
Mar 4, 2010
Sold by
Wordie Herbert and Cofie Emefa Y
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 15, 1999
Sold by
Neloms Samuel
Bought by
Wordie Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,229
Interest Rate
6.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1988
Sold by
U D H
Bought by
Nelons Samuel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
349 Ridgewood Llc $475,000 Cross Bridge Title
Derbalian Avedis $289,935 Town Title Agency
349 Ridgewood Ave Llc -- None Available
Dvoynos Sergey -- --
Profit Properties Of Nj Llc $85,000 None Available
Bank Of America N A $57,777 Interstate 1St Title Agency
Bank Of America N A -- First American Els
Federal National Mortgage Association -- None Available
Wordie Herbert $93,000 --
Nelons Samuel $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 349 Ridgewood Llc $193,000
Previous Owner 349 Ridgewood Llc $460,000
Previous Owner Derbalian Avedis $216,547
Previous Owner 349 Ridgewood Avenue Llc $200,000
Previous Owner Profit Properties Of Nj Llc $90,000
Previous Owner Profit Properties Of Nj Llc $40,000
Previous Owner Profit Properties Of Nj Llc $61,000
Previous Owner Wordie Herbert $315,000
Previous Owner Wordie Herbert $315,000
Previous Owner Wordie Herbert $92,229
Source: Public Records

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 $3,687 $98,900 $16,300 $82,600
2024 $3,687 $98,900 $16,300 $82,600
2023 $3,695 $98,900 $16,300 $82,600
2022 $3,695 $98,900 $16,300 $82,600
2021 $3,118 $83,500 $16,300 $67,200
2020 $3,173 $83,500 $16,300 $67,200
2019 $3,140 $83,500 $16,300 $67,200
2018 $3,084 $83,500 $16,300 $67,200
2017 $2,973 $83,500 $16,300 $67,200
2016 $2,872 $83,500 $16,300 $67,200
2015 $2,763 $83,500 $16,300 $67,200
2014 $2,589 $83,500 $16,300 $67,200
Source: Public Records

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