NOT LISTED FOR SALE

5 Bay St Glen Ridge, NJ 07028

Estimated Value: $751,325 - $921,000

-- Bed
-- Bath
1,440 Sq Ft
$558/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $315,000 $219 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,432/month

58 Days on Market

About This Home

As of February 2019

This home is located at 5 Bay St, Glen Ridge, NJ 07028 since 07 November 2018 and is currently estimated at $803,081, approximately $557 per square foot. This property was built in 1928. 5 Bay St is a home located in Essex County with nearby schools including Forest Avenue School, Ridgewood Avenue School, and Glen Ridge High School.

Last Buyer's Agent

Jennifer Ashkinaze

WEST OF HUDSON REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,447

Year Built

  • Built in 1928

Lot Details

  • 2,439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,447

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Essex
  • I D: 4852250
  • Attribution Contact: 732-815-1550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X137 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Singh Hari
Bought by
5 Bay Glen Ridge Llc
Current Estimated Value
$803,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$335,312
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$467,769

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 9, 2019
Sold by
Singh Hari O
Bought by
5 Bay Glen Ridge Llc
Buyer's Agent
Jennifer Ashkinaze
WEST OF HUDSON REAL ESTATE
List Price
$289,000
Sold Price
$315,000
Premium/Discount to List
$26,000
9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%
Original Mortgage
$370,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2007
Sold by
Dechavez Elenita
Bought by
Defabrizio Richard De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1995
Sold by
Burgess Christine
Bought by
Dechavez Elena De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1989
Sold by
Burgess Iii William H Debtor
Bought by
Ozer George
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
5 Bay Glen Ridge Llc -- Two Rivers Title Co Llc
5 Bay Glen Ridge Llc -- First American Title
Defabrizio Richard De $321,000 --
Dechavez Elena De $91,000 --
Ozer George $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Bay Glen Ridge Llc $370,000
Previous Owner 5 Bay Glen Ridge Llc $370,000
Previous Owner Defabrizio Richard De $256,800
Previous Owner Dechavez Elena De $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 Sold $315,000 +9.0% $219 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $289,000 -- $201 / 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 $14,447 $428,200 $263,200 $165,000
2024 $14,447 $428,200 $263,200 $165,000
2022 $14,101 $428,200 $263,200 $165,000
2021 $13,895 $428,200 $263,200 $165,000
2020 $10,488 $329,100 $263,200 $65,900
2019 $12,107 $391,700 $263,200 $128,500
2018 $11,108 $301,100 $245,600 $55,500
2017 $10,861 $301,100 $245,600 $55,500
2016 $10,551 $301,100 $245,600 $55,500
2015 $10,316 $301,100 $245,600 $55,500
2014 $10,156 $301,100 $245,600 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Ashkinaze

    Buyer's Agent in 2019

    Jennifer Ashkinaze

    WEST OF HUDSON REAL ESTATE

    (973) 820-1900

    16 in this area

    51 Total Sales

    Jennifer Ashkinaze
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Map

Source: Garden State MLS

MLS Number: 3515391

Garden State MLS

APN: 08-00090-0000-00002

New Jersey Essex County Glen Ridge 07028

5 Bay St, Glen Ridge, NJ

Not Listed for Sale

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