NOT LISTED FOR SALE

505 Riverside Ave Unit 1 Lyndhurst, NJ 07071

Estimated Value: $932,353 - $944,000

3 Beds
2 Baths
2,432 Sq Ft
$386/Sq Ft Est. Value

About This Home

This home is located at 505 Riverside Ave Unit 1, Lyndhurst, NJ 07071 and is currently estimated at $939,338, approximately $386 per square foot. 505 Riverside Ave Unit 1 is a home located in Bergen County with nearby schools including Lyndhurst High School and Abundant Life Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Lic Property Holdings Llc
Bought by
Kommareddy Sreelekha Reddy and Rajamani Siddarth Vellakovil
Current Estimated Value
$939,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$703,218
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$236,120

Purchase Details

Closed on
Jun 1, 2019
Sold by
Olivieri Nick
Bought by
Lic Property Holdings Llc

Purchase Details

Closed on
Feb 5, 2019
Sold by
Hartman Michael Est
Bought by
Olivieri Nick
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kommareddy Sreelekha Reddy $940,000 Foundation Title
Kommareddy Sreelekha Reddy $940,000 Foundation Title
Lic Property Holdings Llc -- --
Olivieri Nick $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kommareddy Sreelekha Reddy $705,000
Closed Kommareddy Sreelekha Reddy $705,000
Source: Public Records

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 $13,092 $632,300 $262,200 $370,100
2024 $12,659 $627,600 $259,900 $367,700
2023 $14,756 $623,000 $257,700 $365,300
2022 $14,756 $465,200 $225,000 $240,200
2021 $14,142 $465,200 $225,000 $240,200
2020 $13,835 $465,200 $225,000 $240,200
2019 $11,684 $395,800 $225,000 $170,800
2018 $11,779 $395,800 $225,000 $170,800
2017 $11,482 $395,800 $225,000 $170,800
2016 $11,225 $395,800 $225,000 $170,800
2015 $10,873 $395,800 $225,000 $170,800
2014 $10,730 $395,800 $225,000 $170,800
Source: Public Records

Map

New Jersey Bergen County Lyndhurst 07071

505 Riverside Ave Unit 1, Lyndhurst, NJ

This home is located at 505 Riverside Ave Unit 1, Lyndhurst, NJ 07071 and is currently estimated at $939,338, approximately $386 per square foot. 505 Riverside Ave Unit 1 is a home located in Bergen County with nearby schools including Lyndhurst High School and Abundant Life Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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