NOT LISTED FOR SALE

400 Ridgewood Ave Glen Ridge, NJ 07028

Estimated Value: $1,933,000 - $2,478,000

5 Beds
6 Baths
4,007 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $1,070,000 $267 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $14,796/month

58 Days on Market

Highlights

  • 0.57 Acre Lot
  • Carriage House
  • Recreation Room
  • Forest Avenue School Rated A-
  • Living Room with Fireplace
  • Marble Flooring

About This Home

As of July 2017

Welcome to this signature 4,726 sq ft Colonial on GR's most prestigious street! Gracious room sizes, newly finished floors, updated cook's kitchen w/ high-end stainless appliances, granite counters. Renovated baths & 4 large bedrooms on 2nd floor. MBR suite with large marble bath and dressing room area. Third floor with guest/nanny quarters with full bath. Central air, newly-finished huge basement with rec room, gym, powder room, billiard room and laundry. 3-car garage with carriage house above. Professionally landscaped with patio and newly-fenced yard. Convenient and central location of this home is off the charts, with Bay street and Walnut street NYC midtown direct train stations just blocks away, as well as the shops, restaurants and Farmer's Market on Walnut Street. Close to GR top-rated schools.

Last Agent to Sell the Property

Dana Farber-schwern

COMPASS NEW JERSEY LLC Listed on: 03/27/2017

COMPASS NEW JERSEY LLC

Co-Listed By

SUSAN LOVIT

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Joan Barrett

STANTON COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,606

Year Built

  • Built in 1926

Lot Details

  • 0.57 Acre Lot
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Carriage House
  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Clapboard

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed patio or porch

Schools

  • Forest Elementary School
  • Ridgewood Middle School
  • Glen Ridge High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Electric Baseboard Heater
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1608-00095-0000-00015-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,606

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 400
  • Directions: Ridgewood Ave south of Bay Avenue
  • I D: 4694328
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: DANA
  • First Name2: SUSAN
  • First Name3: JOAN L.
  • Last Name: FARBER SCHWERN
  • Last Name2: LOVIT
  • Last Name3: BARRETT
  • Office Phone: 973-317-7360
  • Office Phone2: 973-310-7360
  • Office Phone3: 201-970-1390
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Marble, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Bar-Wet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 13
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Exercise Room, Powder Room, Laundry Room, Rec Room, GameRoom, Utility Room
  • In Law Suite: Yes
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Level 1 Rooms: Kitchen, Powder Room, Den, Dining Room, Living Room, Entrance Vestibule
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Storage Room
  • Phone: 973-783-6900

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Sidewalk, Carriage House, Patio, Enclosed Porch(es), Storm Window(s), FencVnyl
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Electric, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: FOREST
  • Middle School: RIDGEWOOD
  • High School: GLEN RIDGE
  • High School: GLEN RIDGE
  • Middle Jr High School: RIDGEWOOD

Lot Info

  • Lot Size: 110X225
  • Assessed Improvement Value: 547600
  • Assessed Land Value: 497100
  • Assessment: 1044700
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 15
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.57

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 36606
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1608-00095-0000-00015-0000-
  • Tax Rate Amount: 3.504
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: FOREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jul 11, 2017
Sold by
Rinaldi Leonardo and Rinaldi Emily
Bought by
Meyer Robert and Meyer Marlena M
Seller's Agent
Dana Farber-schwern
COMPASS NEW JERSEY LLC
Buyer's Agent
Joan Barrett
STANTON COMPANY
List Price
$1,199,000
Sold Price
$1,070,000
Premium/Discount to List
-$129,000
-10.76%
Total Days on Market
58
Current Estimated Value
$2,106,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036,246
Avg. Annual Appreciation
8.92%
Original Mortgage
$856,000
Outstanding Balance
$702,418
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,403,828

Purchase Details

Closed on
Aug 17, 2016
Sold by
Peter Phelan
Bought by
Russo Jonathan and Russo Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.45%

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 11, 2015
Sold by
Weedfald Peter and Weedfald Frances
Bought by
Rinaldi Leonardo
Seller's Agent
Chris Lane
COMPASS NEW JERSEY LLC
Buyer's Agent
SUSAN LOVIT
COMPASS NEW JERSEY LLC
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$943,950
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1992
Sold by
Sachs Myles and Sachs Dorothy
Bought by
Weedfald Peter and Weedfald Frances
Source: Public Records

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Range of Values:

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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
Meyer Robert $1,070,000 Prestige Title Agency
Russo Jonathan -- --
Rinaldi Leonardo $1,050,000 --
Weedfald Peter $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Robert $856,000
Previous Owner Russo Jonathan $630,000
Previous Owner Russo Jonathan --
Previous Owner Rinaldi Leonardo $943,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $1,070,000 -10.8% $267 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $1,199,000 +14.2% $299 / Sq Ft
02/13/2015 02/13/15 Sold $1,050,000 -- $262 / 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
2024 $36,220 $1,073,500 $496,700 $576,800
2022 $35,350 $1,073,500 $496,700 $576,800
2021 $34,397 $1,060,000 $496,700 $563,300
2020 $33,782 $1,060,000 $496,700 $563,300
2019 $32,765 $1,060,000 $496,700 $563,300
2018 $36,078 $978,000 $497,100 $480,900
2017 $37,682 $1,044,700 $497,100 $547,600
2016 $36,606 $1,044,700 $497,100 $547,600
2015 $36,364 $1,061,400 $497,100 $564,300
2014 $35,801 $1,061,400 $497,100 $564,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3374164

Garden State MLS

APN: 08-00095-0000-00015