NOT LISTED FOR SALE

512 Edgewater Ave Ridgefield, NJ 07657

Estimated Value: $627,000 - $708,000

2 Beds
2 Baths
1,558 Sq Ft
$426/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $490,000 $315 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,344/month

18 Days on Market

About This Home

As of January 2022

Lovely 2-Family home. First floor features a bright and airy Living Room, Eat-in Kitchen with pantry, Office, Bedroom and full bath. Second floor features Living Room, Eat-in Kitchen, Bedroom and full bath. Basement is full and partially finished with laundry room. Two car detached garage with opener and nice yard. Close to transportation, schools, worship and shopping.

Last Agent to Sell the Property

Henna Abbassi

Coldwell Banker, Hillsdale Listed on: 10/21/2021

Coldwell Banker, Hillsdale

Last Buyer's Agent

Juan Carlos Guevara

Madison Adams LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,853

Lot Details

  • 2,905 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00008 / 03105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,853

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-930-8820
  • MLS Status: Sold - Sold
  • Directions: on Edgewater Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Remarks: PARTIAL FINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 2905.0

Tax Info

  • Tax Annual Amount: 7853.0
  • Tax Block: 03105
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 17, 2022
Sold by
Li and Xixi
Bought by
Perez-Verdugo Angel R and Espinoza-Chicaiza Karla M
Seller's Agent
Henna Abbassi
Coldwell Banker, Hillsdale
Buyer's Agent
Juan Carlos Guevara
Madison Adams LLC
List Price
$449,000
Sold Price
$490,000
Premium/Discount to List
$41,000
9.13%
Current Estimated Value
$663,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,177
Avg. Annual Appreciation
7.31%
Original Mortgage
$473,646
Outstanding Balance
$442,382
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$191,640

Purchase Details

Closed on
Jun 9, 2015
Sold by
Murdaco Francis and Murdaco Paul
Bought by
Li Larry and Bao Xixi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Murdaco Ann
Bought by
The Murdaco Family Irrevocable Trust
Source: Public Records

Range of Values:

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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
Perez-Verdugo Angel R $490,000 Stewart Title Company
Li Larry $255,000 Chicago Title Ins Co
The Murdaco Family Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez-Verdugo Angel R $473,646
Previous Owner Li Larry $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $490,000 +9.1% $315 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $449,000 -- $288 / 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 $9,105 $555,800 $252,900 $302,900
2024 $8,320 $537,500 $245,800 $291,700
2023 $8,090 $497,300 $212,600 $284,700
2022 $8,090 $477,300 $198,300 $279,000
2021 $8,007 $309,400 $141,600 $167,800
2020 $7,853 $309,400 $141,600 $167,800
2019 $7,673 $309,400 $141,600 $167,800
2018 $7,478 $309,400 $141,600 $167,800
2017 $7,190 $309,400 $141,600 $167,800
2016 $6,924 $309,400 $141,600 $167,800
2015 $6,455 $293,100 $141,600 $151,500
2014 -- $293,100 $141,600 $151,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21042179

New Jersey MLS

APN: 49-03105-0000-00008