NOT LISTED FOR SALE

474 Walnut St Ridgefield, NJ 07657

Estimated Value: $1,238,000 - $1,529,532

6 Beds
6 Baths
2,594 Sq Ft
$546/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $1,400,000 $540 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,708/month

32 Days on Market

About This Home

As of April 2024

FAIRLY NEW (built in 2018) TOP/BOTTOM STYLE 2-FAMILY HOUSE WITH PRISTINE, MODERN DESIGN. BOTH UNITS HAVE; 3 BEDROOMS, 2 FULL BATHS, DINING ROOM WITH A FIRE PLACE (gas), MODERN EAT-IN-KITCHEN WITH GRANITE COUNTER TOP & STAINLESS STEEL APPLIANCES, SLIDING DOOR TO DECK FROM EATING AREA, AND A TERRACE FROM THE MASTER BEDROOM. WASHER/DRYER IN THE UNIT. FIRST FL UNIT HAS ACCESS TO ONE-CAR GARAGE & FINISHED BASEMENT WITH FULL BATH. 3 MINUTES TO HMART, CONVENIENTLY LOCATED TO NY BUS,SCHOOLS,PARKS, RESTAURANTS,AND HOUSE OF WORSHIP.

Last Agent to Sell the Property

Anne Lee

Prominent Properties Sotheby's International Realty-Englewood Cliffs Listed on: 02/09/2024

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Last Buyer's Agent

Jennifer Noh

Realty 7, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,494

Lot Details

  • 5,301

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Laundry in unit
  • 5,301 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00021 / 02601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,494

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 585-8080
  • MLS Status: Sold - Sold
  • Directions: Edgewater Ave to Walnut St
  • Architectural Style: 2 Family
  • Year Built Details: 2010's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Basement Remarks: FULLY FINISHED BASEMENT W/ 2 FULL BATHS

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 5301.0

Tax Info

  • Tax Annual Amount: 19494.0
  • Tax Block: 02601
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 17, 2024
Sold by
Kim Kee Ho and Kim Kum B
Bought by
Chung Jai H and Chung Yuanlu
Seller's Agent
Anne Lee
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Jennifer Noh
Realty 7, LLC
List Price
$1,430,000
Sold Price
$1,400,000
Premium/Discount to List
-$30,000
-2.1%
Views
34
Current Estimated Value
$1,462,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,180
Avg. Annual Appreciation
3.37%
Original Mortgage
$1,120,000
Outstanding Balance
$1,108,155
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$354,025

Purchase Details

Listed on
Jul 23, 2017
Closed on
Oct 16, 2017
Sold by
Saudino Michael
Bought by
Bank Of New York Mellon
Seller's Agent
Joel Flores
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$479,800
Sold Price
$480,000
Premium/Discount to List
$200
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%

Purchase Details

Listed on
Jul 23, 2017
Closed on
Aug 14, 2017
Sold by
Bank Of New York
Bought by
Lee Tommy K
Seller's Agent
Joel Flores
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$479,800
Sold Price
$480,000
Premium/Discount to List
$200
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2004
Sold by
Pearlman Arlene
Bought by
Kim Sang Ok and Chang Jung Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
5.8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chung Jai H $1,400,000 North Bergen Title
Bank Of New York Mellon -- --
Lee Tommy K $480,000 --
Kim Sang Ok $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Jai H $1,120,000
Previous Owner Lee Tommy K $384,000
Previous Owner Kim Sang Ok $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $1,400,000 -2.1% $540 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $1,430,000 +197.9% $551 / Sq Ft
09/21/2017 09/21/17 Sold $480,000 0.0% $185 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/23/2017 07/23/17 For Sale $479,800 -- $185 / 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 $20,419 $1,247,900 $342,700 $905,200
2024 $19,648 $1,205,400 $333,700 $871,700
2023 $19,494 $1,174,400 $323,700 $850,700
2022 $19,494 $1,150,100 $316,200 $833,900
2021 $21,392 $826,600 $213,400 $613,200
2020 $20,979 $826,600 $213,400 $613,200
2019 $5,292 $213,400 $213,400 $0
2018 $9,815 $406,100 $213,400 $192,700
2017 $9,438 $406,100 $213,400 $192,700
2016 $9,089 $406,100 $213,400 $192,700
2015 $8,800 $406,100 $213,400 $192,700
2014 $8,524 $406,100 $213,400 $192,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24004044

New Jersey MLS

APN: 49-02601-0000-00021