$750,000
SOLD FEB 27, 2025

357 S Maple Ave Ridgewood, NJ 07450

5 Beds
3 Baths
2,691 Sq Ft
0.27 Acres

Recently Sold

$279 Per Sq Ft

6% Below List Price

12 Days on Market

About This Home

As of February 2025

Located in highly desirable Ridgewood, this two-family home offers an exceptional opportunity for investors or end-users. Perfectly situated near Ridgewooda€TMs vibrant downtown, shopping district, and transportation, the property sits on an oversized lot with ample parking. The first-floor unit features 2 bedrooms and 1 bathroom, while the second-floor unit offers 3 bedrooms and 1.5 bathrooms. A large walk-up attic adds additional potential for storage or future use. Whether you're seeking rental income or a multi-generational living solution, this property combines value, versatility, and convenience in a sought-after location.

Last Agent to Sell the Property

Stergia Kalogirou

Coldwell Banker, Allendale/Saddle River Valley Listed on: 01/15/2025

Coldwell Banker, Allendale/Saddle River Valley

Last Buyer's Agent

Huseyin (Jay) Tatar

Realty One Group Legend

Realty One Group Legend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,544

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry in unit
  • 0.27 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 4 / 4102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,544

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 201-327-5050
  • MLS Status: Sold - Sold
  • Directions: Ridgewood Avenue to Maple or use GPS
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Basement Remarks: Full Unfinished

Exterior Features

  • Disclosures: Seller's Agent

Utilities

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

Lot Info

  • Lot Size Sq Ft: 11631.0

Tax Info

  • Tax Annual Amount: 14544.0
  • Tax Block: 4102
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 24, 2025
Sold by
Alvarez Ken and Alvarez Melissa
Bought by
Arslan Richard and Arslan Mukaddes Mia
Seller's Agent
Stergia Kalogirou
Coldwell Banker, Allendale/Saddle River Valley
Buyer's Agent
Huseyin (Jay) Tatar
Realty One Group Legend
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
93
Current Estimated Value
$781,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,155
Avg. Annual Appreciation
7.54%
Original Mortgage
$562,500
Outstanding Balance
$559,665
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$221,490

Purchase Details

Closed on
Oct 20, 1998
Sold by
Graddock John and Graddock Carol
Bought by
Alvarez Ken and Alvarez Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $750,000 Esp Title
Deed $750,000 Esp Title
Deed $224,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Closed $562,500 New Conventional
Previous Owner $456,000 New Conventional
Previous Owner $355,000 Unknown
Previous Owner $24,100 Credit Line Revolving
Previous Owner $199,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $750,000 -6.1% $279 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $799,000 -- $297 / 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 $14,882 $518,700 $286,100 $232,600
2024 $14,544 $518,700 $286,100 $232,600
2023 $14,176 $518,700 $286,100 $232,600
2022 $14,176 $518,700 $286,100 $232,600
2021 $14,046 $518,700 $286,100 $232,600
2020 $13,678 $518,700 $286,100 $232,600
2019 $13,471 $518,700 $286,100 $232,600
2018 $13,305 $518,700 $286,100 $232,600
2017 $13,165 $518,700 $286,100 $232,600
2016 $12,843 $518,700 $286,100 $232,600
2015 $12,620 $518,700 $286,100 $232,600
2014 $12,371 $518,700 $286,100 $232,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25001705

New Jersey MLS

APN: 51-04102-0000-00004