NOT LISTED FOR SALE

402 Broad Ave Ridgefield, NJ 07657

Estimated Value: $473,000 - $1,135,000

4 Beds
2 Baths
1,360 Sq Ft
$511/Sq Ft Est. Value

Last Sold January 31, 2025

Last sale price $465,000 $342 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,238/month

132 Days on Market

About This Home

As of January 2025

Investor Alert: Prime Opportunity at 402 Broad Ave, Ridgefield, NJ! This spacious lot, just over 50x100, is perfectly situated in a 2-family zone, making it a fantastic investment for builders and investors alike. Zoning: Conforming 2-family zone Potential Build: Up to 3200 SF, allowing for a 6-bedroom, 4-bath 2-family setup (3bd/2ba units) Existing Structure: Single-family home, 1400 SF, 4bd/2ba (second full bath in the basement) Condition: Fully gutted down to the studs plumbing and electrical completely out of date, ready for a full renovation (no asbestos or galvanized pipes) Driveway: Ample space for at least 4 cars, plus a detached 1-car garage Basement: Clean and dry with 2 sump pits; one currently has a functioning sump pump This property is a blank canvas ready for your vision. Whether you choose to renovate the existing structure or build new, the potential is significant. Don't miss out on this rare opportunity to capitalize on the thriving Ridgefield market!

Last Agent to Sell the Property

Marlena Caban

Realty of America LLC Listed on: 09/21/2024

Last Buyer's Agent

Marlena Caban

Realty of America LLC Listed on: 09/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,120

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00019 / 03803

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,120

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-461-5000
  • MLS Status: Sold - Sold
  • Directions: off Tonnelle
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: None
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 8120.0
  • Tax Block: 03803
  • Tax Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Jan 21, 2025
Sold by
402 Us9 Owner Llc
Bought by
402 Broad Ave Llc
Seller's Agent
Marlena Caban
Realty of America LLC
Buyer's Agent
Marlena Caban
Realty of America LLC
List Price
$519,000
Sold Price
$465,000
Premium/Discount to List
-$54,000
-10.4%
Views
212
Current Estimated Value
$696,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,043
Avg. Annual Appreciation
45.56%

Purchase Details

Closed on
Mar 22, 2024
Sold by
Bruno Orazio and Bruno Salvatore
Bought by
402 Us9 Owner Llc
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
402 Broad Ave Llc $456,000 None Listed On Document
402 Broad Ave Llc $456,000 None Listed On Document
402 Us9 Owner Llc $420,000 Safe Land Title
402 Us9 Owner Llc $420,000 Safe Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Off Market $465,000 -- --
02/04/2025 02/04/25 Pending -- -- --
01/31/2025 01/31/25 Sold $465,000 -4.9% $342 / Sq Ft
11/19/2024 11/19/24 Price Changed $489,000 -5.8% $360 / Sq Ft
09/21/2024 09/21/24 For Sale $519,000 -- $382 / Sq Ft
Source: New Jersey MLS

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 $7,858 $478,100 $267,400 $210,700
2024 $7,560 $463,900 $260,200 $203,700
2023 $7,470 $451,900 $252,200 $199,700
2022 $7,470 $440,700 $244,200 $196,500
2021 $6,532 $263,400 $164,200 $99,200
2020 $6,685 $263,400 $164,200 $99,200
2019 $6,532 $263,400 $164,200 $99,200
2018 $6,366 $263,400 $164,200 $99,200
2017 $6,121 $263,400 $164,200 $99,200
2016 $5,895 $263,400 $164,200 $99,200
2015 $5,708 $263,400 $164,200 $99,200
2014 $5,529 $263,400 $164,200 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24030682

New Jersey MLS

APN: 49-03803-0000-00019

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