NOT LISTED FOR SALE

490 Hanks Ave Ridgewood, NJ 07450

Estimated Value: $1,655,000 - $1,878,000

4 Beds
3 Baths
2,730 Sq Ft
$635/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $1,525,000 $559 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,614/month

13 Days on Market

About This Home

As of January 2024

This home is located at 490 Hanks Ave, Ridgewood, NJ 07450 since 08 November 2023 and is currently estimated at $1,734,620, approximately $635 per square foot. This property was built in 1914. 490 Hanks Ave is a home located in Bergen County with nearby schools including Ridgewood High School, Little Crane Montessori School, and Alpine Learning Group.

Last Listed By

LAURA GILL

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 201-445-4300 Listed on: 11/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,864

Year Built

  • Built in 1914

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,864

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Year Built: 1914
  • County Name: Bergen
  • Street Number Display: 490
  • I D: 5254981
  • Modified: 2025-01-25
  • Number Images: 1
  • Attribution Contact: 201-445-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .258 AC
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 19, 2024
Sold by
Donahue Bridget
Bought by
Knowles Thomas and Knowles Jennifer
Seller's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
List Price
$1,500,000
Sold Price
$1,525,000
Premium/Discount to List
$25,000
1.67%
Total Days on Market
13
Views
147
Current Estimated Value
$1,734,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,620
Avg. Annual Appreciation
10.09%
Original Mortgage
$1,220,000
Outstanding Balance
$1,204,333
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$530,287

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 31, 2022
Sold by
Soderlund and Janice
Bought by
Donahue Bridget
Seller's Agent
Christine Gubb
Keller Williams Village Square Realty
Buyer's Agent
Vivienne Muldoon
Christie's International Real Estate Group-Ridgewood
List Price
$1,375,000
Sold Price
$1,425,000
Premium/Discount to List
$50,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,140,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Smith Frank L and Smith Gayle W
Bought by
Soderlund Jon and Brier Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.63%
Mortgage Type
Future Advance Clause Open End Mortgage

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

Similar Homes in the area

  • 435 Overbrook Rd, Ridgewood, NJ 07450

    $1,695,000

    • 4 Beds
    • 3.5 Baths
    • 435 Overbrook Rd
    • Ridgewood, NJ

    Nestled in the heart of Ridgewood, this home is a special offering for today's modern family, with incredible scale, design and sanctuary. Renovated and expanded in 2005, it artfully blends modern elements with historical charm. The heart of the home is a 10' ceiling open living space between a modern kitchen with Dacor appliances overlooking a family room highlighted by tall windows with chic

    Christina Gibbons Christie's International Real Estate Group-Ridgewood

    Section Image
  • 590 Grist Trail, Paramus, NJ 07652

    $1,599,900

    • 4 Beds
    • 3.5 Baths
    • 590 Grist Trail
    • Paramus, NJ

    MOVE RIGHT IN TO THIS PRISTINE CUSTOM BUILT FULLY UPDATED LARGE CONTEMPORARY COLONIAL. THERE IS PRIDE OF OWNERSHIP IN EVERY DETAIL; ARCHITECTURAL DESIGN IS OVER THE TOP! NO EXPENSE SPARED ON THIS OPEN FLOOR PLAN. EXPANSIVE LR WITH CATHEDRAL CEILING & SKY LIGHTS Living RM ,A LARGE DR NEW CUSTOM, EAT IN KITCHEN HAS , SKY LIGHTS AND OPENS TO LARGE FAMILY ROOM W/A FPL.NEWER POWDER ROOM. SECOND FLOOR

    Nasreen Choudhry Coldwell Banker, Ridgewood

    Section Image
  • 574 Mill Run, Paramus, NJ 07652

    $1,695,000

    • 4 Beds
    • 3.5 Baths
    • 574 Mill Run
    • Paramus, NJ

    Welcome to the Magnificent Stone Mansion situated on a sought-after cul-de-sac street. This one-of-a-kind gem was renovated in 2014 w exquisite custom finishes. Step through the impressive 10ft iron front door into a grand entry foyer feat. 24ft ceilings, stunning wrought iron rails, marble stairs & elegant marble floor. The expansive & desirable floor plan highlights the formal living, dining, &

    Tony Nabhan Keller Williams City Views Realty

    Section Image
  • 56 Sherman Place, Ridgewood, NJ 07450

    $1,845,000

    • 5 Beds
    • 3 Baths
    • 56 Sherman Place
    • Ridgewood, NJ

    The inviting front porch offers a warm welcome to this remarkable residence nestled in the heart of desirable Ridgewood, NJ. This stunning house has been meticulously renovated, 2021, to combine modern luxury w classic charm. The home boasts a thoughtfully designed 3-floor extension highlighting the quality craftsmanship & attention to detail. Spacious & versatile interiors, open-concept eat-in

    Michelle Stojanovic Compass New Jersey, LLC-Ridgewood

    Section Image
  • 505 Darby Ct, Ridgewood, NJ 07450

    $1,650,000

    • 5 Beds
    • 3 Baths
    • 505 Darby Ct
    • Ridgewood, NJ

    Exquisitely renovated and masterfully designed, this 5-bedroom, 3-bath residence offers refined living in one of Ridgewood's most sought-after neighborhoods. A seamless open-concept floor plan showcases rich hardwood flooring, bespoke lighting, and an abundance of natural light throughout.The heart of the home is a grand chef's kitchen, appointed with a sprawling marble center island, custom

    Dianna Ivanov KELLER WILLIAMS VILLAGE SQUARE

    Section Image
  • 530 W Saddle River Rd, Ridgewood, NJ 07450

    $1,599,000

    • 5 Beds
    • 4.5 Baths
    • 530 W Saddle River Rd
    • Ridgewood, NJ

    Move-in ready with major upgrades: new roof (2021), brand-new HVAC and A/C system (2024), & new skylights. Welcome to the stunning Center Hall Colonial youâ€ve been waiting for! This fully updated 5-bedroom, 4.5-bath home offers approx 3,918 sq ft of beautifully designed living space that blends timeless elegance with everyday comfort. A grand two-story foyer opens to a spacious office with

    Eileen Seaman Keller Williams Village Square Realty

    Section Image
  • 219 Madison Place, Ridgewood, NJ 07450

    $1,795,000

    • 4 Beds
    • 2.5 Baths
    • 219 Madison Place
    • Ridgewood, NJ

    This stunning Ridgewood home combines timeless charm and elegance, just minutes from the vibrant Village of Ridgewood. The Colonial exterior, w/ brick, stone & a classic slate roof, makes a striking first impression. Inside, the spacious LR w/ fireplc features French doors opening to a landscaped backyard with a serene brick patio, perfect for entertaining. A formal DR offers an elegant space for

    Frances Ekblom Compass New Jersey, LLC-Ridgewood

    Section Image
  • 200 Lincoln Ave, Ridgewood, NJ 07450

    $1,599,000

    • 6 Beds
    • 3.5 Baths
    • 200 Lincoln Ave
    • Ridgewood, NJ

    Welcome to Ridgewood! Nestled in the heart of the prestigious Old Country Club neighborhood, This 1901 built beauty encompasses charm and grace. The inviting entry foyer leads you to a grand formal dining room with a fireplace, and on to the sun-drenched eat-in kitchen. The front-to-back formal living room boasts a second fireplace, while the rear family room offers a third fireplace, a

    Vanessa Krumholtz Prominent Properties Sotheby's International Realty-Ridgewood

    Section Image
  • 44 Edgewood Dr, Ho Ho Kus, NJ 07423

    $1,699,000

    • 4 Beds
    • 3.5 Baths
    • 44 Edgewood Dr
    • Ho Ho Kus, NJ

    Discover this beautiful, 4+ bedroom, 4 bath smart home located in one of Ho-Ho-Kus' most sought-after neighborhoods. This meticulously renovated home combines luxury and functionality, set on a beautifully landscaped lot. The home features a sun-drenched Great Room with a wood-burning fireplace, a custom Tribeca kitchen equipped with Taj Mahal quartz countertops, premium appliances, a beverage

    Megan Fox Compass New Jersey, LLC-Ridgewood

    Section Image

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
Knowles Thomas $1,525,000 Carnegie Title
Donahue Bridget $1,425,000 Centurion Title
Soderlund Jon $885,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowles Thomas $1,220,000
Previous Owner Donahue Bridget $1,140,000
Previous Owner Soderlund Jon $200,000
Previous Owner Soderlund Jon $510,000
Previous Owner Soderlund Jon $40,000
Previous Owner Soderlund Jon $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $1,525,000 +1.7% $559 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,500,000 +5.3% $549 / Sq Ft
06/01/2022 06/01/22 Sold $1,425,000 +3.6% $522 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,375,000 -- $504 / 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 $22,864 $815,400 $363,100 $452,300
2023 $21,588 $815,400 $363,100 $452,300
2022 $21,588 $789,900 $363,100 $426,800
2021 $21,390 $789,900 $363,100 $426,800
2020 $20,830 $789,900 $363,100 $426,800
2019 $20,514 $789,900 $363,100 $426,800
2018 $20,261 $789,900 $363,100 $426,800
2017 $20,048 $789,900 $363,100 $426,800
2016 $19,558 $789,900 $363,100 $426,800
2015 $19,218 $789,900 $363,100 $426,800
2014 $18,839 $789,900 $363,100 $426,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3873655

Garden State MLS

APN: 51-04009-0000-00003