NOT LISTED FOR SALE

525 Laurel Rd Ridgewood, NJ 07450

Estimated Value: $1,135,000 - $1,442,218

4 Beds
3.5 Baths
1,152 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $1,200,000 $1,042 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,673/month

11 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Central Air
  • Rectangular Lot
  • Ridgewood High School Rated A+

About This Home

As of March 2023

Crisp Finishes, Superior Craftsmanship and Open Concept define this Somerville District home nestled in beloved neighborhood. Pass through the inviting Covered Porch to discover Sunlit Spaces, Glistening Hardwood Flooring, Recessed Lighting and Beautiful Updates throughout. Living Rm and Dining Rm Combo sets the stage of hosting memorable gatherings. Family Rm conveniently connects to chic Kitchen boasting Island Seating for 4, Stainless Apps, Quartz, and Eat-In Area. Nearby is a Full Bath. Ascend the focal point Staircase w Iron Railings & Paneling to the 2nd Fl to find an oasis Primary Suite including 2 Walk-In Closets & stylish Prim Bath, 3 more Bedrms all w Dble Closets & Hall Bath. Lower Level offers Rec Rm w ample seating area, Bonus Rm, Half Bath, Laundry, and tons of storage. Roomy Backyard w Paver Patio awaits your lawn games and BBQ's. Full house Water Softener. 2 Car Garage. Surround Sound on 1st Fl & Basemt. [2nd Fl is wired] Smart Home. Exterior Security Cameras.

Last Agent to Sell the Property

Christine Gubb

Keller Williams Village Square Realty Listed on: 01/06/2023

Keller Williams Village Square Realty

Last Buyer's Agent

Cathy Bossolina

Prominent Properties Sotheby's International Realty-Ridgewood

Prominent Properties Sotheby's International Realty-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,604

Lot Details

  • 9,540 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Somerville Elementary School
  • Benjamin Franklin Middle School
  • Ridgewood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00022 / 04306

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,604

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: 201-445-4300
  • Outside Inclusions: All Kit Aplcs, Blinds, BB Hoop
  • MLS Status: Sold - Sold
  • Directions: S Van Dien to Laurel
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,2010's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Full Finished basement, Half bath, w/Office/Playroom

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: W/D,DR Chandelier, Curtains&Rods
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Somerville E.S.
  • High School: Ridgewood H.S.
  • Middle Or Junior School: Benjamin Franklin
  • Elementary: Somerville E.S.

Lot Info

  • Lot Dimensions: 9540
  • Lot Size Sq Ft: 9540.0

Tax Info

  • Tax Annual Amount: 14604.0
  • Tax Block: 04306
  • Tax Lot: 00022

MLS Schools

  • High School Text: Ridgewood H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 24, 2023
Sold by
Torres Danny and Torres Yahaira
Bought by
Ng Herman and Bronstein Madeline
Seller's Agent
Christine Gubb
Keller Williams Village Square Realty
Buyer's Agent
Cathy Bossolina
Prominent Properties Sotheby's International Realty-Ridgewood
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Views
134
Current Estimated Value
$1,305,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,305
Avg. Annual Appreciation
4.54%
Original Mortgage
$720,000
Outstanding Balance
$701,475
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$627,626

Purchase Details

Closed on
Jul 28, 2017
Sold by
Oilvo Jose and Oilvo Xiomara M
Bought by
Torres Danny and Torres Yahaira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Petersen Louis T
Bought by
Olivo Jose and Olivo Xiomara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,505
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ng Herman $1,200,000 First American Title
Torres Danny $550,000 First American Title
Olivo Jose $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Herman $720,000
Previous Owner Torres Danny $440,000
Previous Owner Olivo Jose $413,505
Previous Owner Petersen Louis T $25,000
Previous Owner Petersen Louis T $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $1,200,000 +9.1% $1,042 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $1,100,000 -- $955 / 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
2024 $16,816 $599,700 $313,200 $286,500
2023 $14,739 $599,700 $313,200 $286,500
2022 $14,739 $539,300 $313,200 $226,100
2021 $14,604 $539,300 $313,200 $226,100
2020 $14,221 $539,300 $313,200 $226,100
2019 $14,006 $539,300 $313,200 $226,100
2018 $13,833 $539,300 $313,200 $226,100
2017 $14,020 $552,400 $313,200 $239,200
2016 $13,677 $552,400 $313,200 $239,200
2015 $13,440 $552,400 $313,200 $239,200
2014 $13,175 $552,400 $313,200 $239,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23000549

New Jersey MLS

APN: 51-04306-0000-00022