$999,900
SOLD DEC 20, 2024 RENTED APR 6, 2025

535 Lowe Ave Ridgefield, NJ 07657

8 Beds
5 Baths
2,318 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$431 Per Sq Ft

50% Below List Price

184 Days on Market

About This Home

As of December 2024

2 houses( 1 legal single family and 1 legal 3 family)for sale on 100x100 lot. This is a good income producing property and used for contractor like a plumber and electrician etc. 7 Parking spaces. Property has a great potential and to be sold " Where is as is" 535 features are 1st Fl: Ef,Lr, Dr, Meik, 2beds, fbath 2ND Fl: Ef, Lr, Dr, Meik, 2beds, fbath Front: Ef, Lr,Dr, Meik, br, fabth 533: Ef,Lr, Dr, Meik,3beds, 2fabths

Last Agent to Sell the Property

Woo Choi

Alpine MC Realty LLC Listed on: 03/04/2024

Last Buyer's Agent

Woo Choi

Alpine MC Realty LLC Listed on: 03/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,346

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 100x100

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00012 / 02902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,346

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 429-2999
  • MLS Status: Sold - Sold
  • Directions: Edgewater to Church to Lowe
  • Architectural Style: 2 Family
  • Year Built Details: 1940's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 100x100
  • Lot Size Sq Ft: 10001.0

Tax Info

  • Tax Annual Amount: 13346.0
  • Tax Block: 02902
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Dec 11, 2024
Sold by
Heffernan Thomas M and Heffernan Lorraine
Bought by
Cruz Joshua Ray B and Solano Ariana G
Seller's Agent
Woo Choi
Alpine MC Realty LLC
Buyer's Agent
Woo Choi
Alpine MC Realty LLC
List Price
$1,990,000
Sold Price
$999,900
Premium/Discount to List
-$990,100
-49.75%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.99%
Original Mortgage
$749,925
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2024
Closed on
Dec 9, 2024
Sold by
Heffernan Thomas L
Bought by
Heffernan Thomas M and Heffernan Lorraine
Seller's Agent
Woo Choi
Alpine MC Realty LLC
Buyer's Agent
Woo Choi
Alpine MC Realty LLC
List Price
$1,990,000
Sold Price
$999,900
Premium/Discount to List
-$990,100
-49.75%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,925
Interest Rate
6.85%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $999,900 Stewart Title
Quit Claim Deed -- Title Bond Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $749,925 New Conventional
Previous Owner $282,992 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 Rented -- -- --
04/03/2025 04/03/25 For Rent $2,500 -28.6% --
03/23/2025 03/23/25 Price Changed $3,500 -2.8% $2 / Sq Ft
03/11/2025 03/11/25 For Rent $3,600 0.0% --
12/20/2024 12/20/24 Sold $999,900 0.0% $431 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
09/04/2024 09/04/24 Off Market $999,900 -- --
07/31/2024 07/31/24 Price Changed $1,199,000 -14.4% $517 / Sq Ft
04/29/2024 04/29/24 Price Changed $1,400,000 -29.6% $604 / Sq Ft
04/02/2024 04/02/24 Price Changed $1,990,000 +32.7% $858 / Sq Ft
03/29/2024 03/29/24 Price Changed $1,500,000 -24.6% $647 / Sq Ft
03/04/2024 03/04/24 For Sale $1,990,000 -- $858 / 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 $13,401 $815,000 $333,000 $482,000
2023 $13,346 $801,000 $330,000 $471,000
2022 $13,346 $787,400 $325,000 $462,400
2021 $12,772 $493,500 $230,000 $263,500
2020 $12,525 $493,500 $230,000 $263,500
2019 $12,239 $493,500 $230,000 $263,500
2018 $11,928 $493,500 $230,000 $263,500
2017 $11,469 $493,500 $230,000 $263,500
2016 $11,045 $493,500 $230,000 $263,500
2015 $10,694 $493,500 $230,000 $263,500
2014 $10,359 $493,500 $230,000 $263,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24006370

New Jersey MLS

APN: 49-02902-0000-00012