NOT LISTED FOR SALE

377 Island Rd Ramsey, NJ 07446

Estimated Value: $561,000 - $929,551

2.86 Acres
$257,303 Price per Acre
124,582 Sq Ft Lot

Last Sold May 07, 2024

Last sale price $600,000 $245 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,067/month

67 Days on Market

About This Lot

As of May 2024

The primary value of this 2.6 acre property lies in the land itself, as the existing home and outbuildings are tear downs. The location is very desirable with close proximity to schools, shopping centers, and transportation, and the great town of Ramsey NJ. This vacant lot provides a canvas for those looking to create an ideal residence in a convenient and desirable neighborhood. Please note: there is a Rockland Electric easement that may limit the available building envelope on the property, buyers should be prepared to conduct thorough due diligence regarding easement and building restrictions.

Last Agent to Sell the Property

Deborah Graske

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 09/12/2023

Prominent Properties Sotheby's International Realty-Ridgewood

Last Buyer's Agent

Deborah Graske

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 09/12/2023

Prominent Properties Sotheby's International Realty-Ridgewood

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,998

Lot Details

Listing and Financial Details

  • Legal Lot and Block 00011 / 04201

Property Details

Property Type

Land

Est. Annual Taxes

$10,998

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Phone: (201) 639-5555
  • MLS Status: Sold - Sold
  • Directions: Island Ave between Amanda Court and Addison Place
  • PropertySubTypeAdditional: Sngl Fam
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: Cleared

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 10998.0
  • Tax Block: 04201
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Apr 15, 2024
Sold by
Ackerman Susan M
Bought by
377 Island Llc
Seller's Agent
Deborah Graske
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Deborah Graske
Prominent Properties Sotheby's International Realty-Ridgewood
List Price
$750,000
Sold Price
$600,000
Premium/Discount to List
-$150,000
-20%
Views
76
Current Estimated Value
$735,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,888
Avg. Annual Appreciation
19.41%

Purchase Details

Closed on
Aug 29, 2022
Sold by
Ackerman Glenn S
Bought by
Ackerman Susan M
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 Buyer Sale Price Title Company
377 Island Llc $600,000 Centurion Title Services
Ackerman Susan M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $600,000 -20.0% $245 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $750,000 -- $306 / 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 $12,775 $568,200 $533,900 $34,300
2024 $11,476 $452,700 $305,900 $146,800
2023 $10,998 $419,300 $272,500 $146,800
2022 $10,998 $419,300 $272,500 $146,800
2021 $10,614 $419,300 $272,500 $146,800
2020 $10,776 $419,300 $272,500 $146,800
2019 $10,306 $419,300 $272,500 $146,800
2018 $10,051 $419,300 $272,500 $146,800
2017 $9,862 $419,300 $272,500 $146,800
2016 $9,589 $419,300 $272,500 $146,800
2015 $9,624 $356,300 $230,000 $126,300
2014 $9,460 $356,300 $230,000 $126,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23028217

New Jersey MLS

APN: 48-04201-0000-00011