NOT LISTED FOR SALE

351 Gilbert St Ridgewood, NJ 07450

Estimated Value: $759,000 - $993,403

4 Beds
2 Baths
1,626 Sq Ft
$531/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $660,000 $406 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,489/month

33 Days on Market

About This Home

As of December 2022

Welcome to 351 Gilbert Street! This lovely 2 family home is centrally located close to wonderful downtown Ridgewood. The ground floor apartment of the two family home includes hardwood floors throughout. It also has two bedrooms, a nice living space with lots of windows, newly renovated bathroom, kitchen w/dishwasher and a finished basement w/rec room and large pantry. This unit also has access to a side yard for grilling and entertaining. The second floor of the two family also includes hardwood floors throughout, 2 nice size bedrooms, lots of windows, kitchen and dining nook. Access to Laundry room in basement is accessible to both units with additional storage space. Two parking spaces for each tenant. Solar panels installed and monthly contract helps ensure LOW utility bills for ground floor unit!!! This home is close to public transportation to NYC, schools and parks. Photos were taken prior to Tenants moving in.

Last Agent to Sell the Property

Christina Voutsinas

Coldwell Banker, Allendale/Saddle River Valley Listed on: 09/08/2022

Coldwell Banker, Allendale/Saddle River Valley

Last Buyer's Agent

Christine Gubb

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,503

Lot Details

  • 6,490

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 6,490 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00023 / 04012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,503

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-327-5050
  • MLS Status: Sold - Sold
  • Directions: Maple Ave to Gilbert
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 6490.0

Tax Info

  • Tax Annual Amount: 11503.0
  • Tax Block: 04012
  • Tax Lot: 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Dec 5, 2022
Sold by
Mastrovitch Todd
Bought by
Lermond Erica M
Seller's Agent
Christina Voutsinas
Coldwell Banker, Allendale/Saddle River Valley
Buyer's Agent
Christine Gubb
Keller Williams Village Square Realty
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%
Views
3
Current Estimated Value
$862,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,601
Avg. Annual Appreciation
8.93%
Original Mortgage
$363,000
Outstanding Balance
$351,156
Interest Rate
6.49%
Estimated Equity
$511,445

Purchase Details

Closed on
Sep 19, 2015
Sold by
Reyes Juan A De Los and Reyes Joy M De Los
Bought by
Mastrovitch Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,373
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2005
Sold by
Duarte Dennis F
Bought by
Reyes Juan De Los and Hovsepian Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.67%
Source: Public Records
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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
Lermond Erica M $660,000 --
Lermond Erica M $660,000 None Listed On Document
Mastrovitch Todd $547,500 Acres Land Title Agency Inc
Reyes Juan De Los $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lermond Erica M $363,000
Closed Lermond Erica M $363,000
Previous Owner Mastrovitch Todd $501,373
Previous Owner Reyes Juan De Los $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $660,000 -5.7% $406 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $700,000 -- $431 / 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
2025 $12,279 $428,000 $266,000 $162,000
2024 $12,001 $428,000 $266,000 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22033194

New Jersey MLS

APN: 51-04012-0000-00023