NOT LISTED FOR SALE

40 Ridge Ct Unit 1 Cedar Grove, NJ 07009

Estimated Value: $718,000 - $903,000

3 Beds
2.5 Baths
2,500 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $585,000 $234 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,324/month

22 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Ceiling
  • Ranch Style House
  • Corner Lot
  • Formal Dining Room

About This Home

As of December 2020

Great location, center of town, convenient to NYC bus and train, walk to schools and stores. Third toilet in laundry room. All appliances and ceiling lights and chandeliers are included. Please wear facial mask and gloves. Please sign the Release form regarding Covid-19. Negotiate directly

Last Agent to Sell the Property

EDWARD Y CHEN

SUN COSMOS REALTY, INC Listed on: 08/24/2020

Last Buyer's Agent

MATTHEW O HARE

COLDWELL BANKER REALTY SRV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,406

Year Built

  • Built in 1958

Lot Details

  • 0.39 Acre Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking
  • Parking Garage Space

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,500 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Blinds
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Cedar Grov Elementary School
  • Memorial Middle School
  • Memorial High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1604-00144-0000-00080-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,406

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 40
  • Directions: Pompton Ave. to Ridge Rd. to Ridge Ct.
  • I D: 4999767
  • Modified: 2021-12-02
  • Number Images: 16
  • First Name: EDWARD Y
  • First Name3: MATTHEW
  • Last Name: CHEN
  • Last Name3: O HARE
  • Office Phone3: 973-773-5133
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Floor Number: 2
  • Fireplace Description: Dining Room, Family Room, Fireplace Equipment, Insert
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher, Dryer, Jennaire Type, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Skylight, Smoke Detector, StallShw, StallTub, TubShowr, Window Treatments
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Half Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 14x10
  • Kitchen Level: First
  • Living Room Dim: 30x15
  • Living Room Level: First
  • Other Room 1: DiningRm
  • Other Room1 Dim: 12x20
  • Other Room1 Level: Basement
  • Other Room 2: Toilet
  • Other Room2 Level: Basement
  • Estimated Sq Ft: 2500
  • Phone: 201-346-0170

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Storage Shed, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle, Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Garage Door Opener, Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Attic Fan, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: CEDAR GROV
  • Middle School: MEMORIAL
  • High School: MEMORIAL
  • High School: MEMORIAL
  • Middle Jr High School: MEMORIAL

Lot Info

  • Lot Size: 120X140
  • Assessed Improvement Value: 223500
  • Assessed Land Value: 258800
  • Assessment: 482300
  • Lot Description: Corner
  • Lot Identifier: 80
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11406
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1604-00144-0000-00080-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CEDAR GROV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 30, 2020
Sold by
Chen Edward Y and Chen Susan S
Bought by
Policano John C
Seller's Agent
EDWARD Y CHEN
SUN COSMOS REALTY, INC
Buyer's Agent
MATTHEW O HARE
COLDWELL BANKER REALTY SRV
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$780,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,932
Avg. Annual Appreciation
7.30%
Original Mortgage
$535,713
Outstanding Balance
$479,960
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$334,581

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 23, 2020
Sold by
Chen Edward Y and Chen Susan S
Bought by
Policano John C
Seller's Agent
EDWARD Y CHEN
SUN COSMOS REALTY, INC
Buyer's Agent
MATTHEW O HARE
COLDWELL BANKER REALTY SRV
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,713
Outstanding Balance
$479,960
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$334,581

Purchase Details

Closed on
Feb 10, 2003
Sold by
1371 Pompton Ave Assoc
Bought by
Chen Edward and Chen Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.86%
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
Policano John C $585,000 None Available
Policano John C $585,000 None Listed On Document
Chen Edward $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Policano John C $535,713
Closed Policano John C $535,713
Previous Owner Chen Edward Y $120,000
Previous Owner Chen Edward $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $585,000 -2.3% $234 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $599,000 -- $240 / 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 $12,588 $482,300 $258,800 $223,500
2024 $12,588 $482,300 $258,800 $223,500
2022 $12,366 $482,300 $258,800 $223,500
2021 $12,217 $482,300 $258,800 $223,500
2020 $12,395 $482,300 $258,800 $223,500
2019 $12,111 $482,300 $258,800 $223,500
2018 $11,556 $482,300 $258,800 $223,500
2017 $11,431 $482,300 $258,800 $223,500
2016 $11,078 $482,300 $258,800 $223,500
2015 $10,823 $482,300 $258,800 $223,500
2014 $10,601 $482,300 $258,800 $223,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3658744

Garden State MLS

APN: 04-00144-0000-00080