NOT LISTED FOR SALE

524 N Monroe St Ridgewood, NJ 07450

Estimated Value: $758,391 - $993,000

-- Bed
-- Bath
2,108 Sq Ft
$410/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $610,000 $289 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,642/month

19 Days on Market

About This Home

As of November 2021

This home is located at 524 N Monroe St, Ridgewood, NJ 07450 since 19 August 2021 and is currently estimated at $864,848, approximately $410 per square foot. This property was built in 1941. 524 N Monroe St is a home located in Bergen County with nearby schools including Ridgewood High School and The Forum School.

Last Agent to Sell the Property

ARLENE LE PAGE

BHHS ABBOTT REALTORS Brokerage Phone: 201-891-2223 Listed on: 08/19/2021

Co-Listed By

ROGER LEPAGE

BHHS ABBOTT REALTORS Brokerage Phone: 201-891-2223

Last Buyer's Agent

LAURA GILL

KELLER WILLIAMS VILLAGE SQUARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,454

Year Built

  • Built in 1941

Lot Details

  • 0.25 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,454

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • County Name: Bergen
  • Street Number Display: 524
  • I D: 5097866
  • Modified: 2022-11-04
  • Number Images: 19
  • Attribution Contact: 201-891-2223
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .248 AC
  • Total Acres: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Nov 3, 2021
Sold by
Kaufer Lisa and Estate Of Jacqueline H Kaufer
Bought by
Yakoob Mohammed and Sufiyan Fathima Shimra
Seller's Agent
ARLENE LE PAGE
BHHS ABBOTT REALTORS
Buyer's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%
Current Estimated Value
$864,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,848
Avg. Annual Appreciation
9.36%
Original Mortgage
$598,951
Outstanding Balance
$549,594
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$315,254

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 28, 2021
Sold by
Kaufer Jacqueline H
Bought by
Yakoob Mohammed and Sufiyan Fathima Shimra
Seller's Agent
ARLENE LE PAGE
BHHS ABBOTT REALTORS
Buyer's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,951
Outstanding Balance
$549,594
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$315,254

Purchase Details

Closed on
Oct 29, 1965
Bought by
Kaufer Charles F and Kaufer Jacqueline H
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Yakoob Mohammed $610,000 Carnegie Title Llc
Yakoob Mohammed $610,000 Carnegie Title
Kaufer Charles F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yakoob Mohammed $598,951
Closed Yakoob Mohammed $598,951
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $610,000 -1.5% $289 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $619,000 -- $294 / 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 $12,454 $434,100 $301,300 $132,800
2024 $12,172 $434,100 $301,300 $132,800
2023 $11,864 $434,100 $301,300 $132,800
2022 $11,864 $434,100 $301,300 $132,800
2021 $11,755 $434,100 $301,300 $132,800
2020 $11,447 $434,100 $301,300 $132,800
2019 $11,274 $434,100 $301,300 $132,800
2018 $11,135 $434,100 $301,300 $132,800
2017 $11,017 $434,100 $301,300 $132,800
2016 $10,748 $434,100 $301,300 $132,800
2015 $10,562 $434,100 $301,300 $132,800
2014 $10,353 $434,100 $301,300 $132,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ARLENE LE PAGE

    BHHS ABBOTT REALTORS

  • R

    Seller Co-Listing Agent in 2021

    ROGER LEPAGE

    BHHS ABBOTT REALTORS

  • L

    Buyer's Agent in 2021

    LAURA GILL

    KELLER WILLIAMS VILLAGE SQUARE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3735906

Garden State MLS

APN: 51-01705-0000-00005

New Jersey Bergen County Ridgewood 07450

524 N Monroe St, Ridgewood, NJ

This home is located at 524 N Monroe St, Ridgewood, NJ 07450 since 19 August 2021 and is currently estimated at $864,848, approximately $410 per square foot. This property was built in 1941. 524 N Monroe St is a home located in Bergen County with nearby schools including Ridgewood High School and The Forum School.

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