NOT LISTED FOR SALE

538-540 Ridge St Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $778,000 - $881,000

5 Beds
4 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $650,000

Est. 26% increase in value since last sale

Current estimated payment $5,315/month

45 Days on Market

Highlights

  • Multiple Fireplaces
  • Central Air
  • Rectangular Lot
  • Stairway

About This Home

As of December 2022

Welcome to this stunning colonial in the heart of historic Forest Hill! Simply unpack & move right into this immaculately kept home with three floors of living space! Live and entertain freely as this 5 bedroom, 4 bath spacious home tastefully boasts: original wood flooring, an open first floor layout, living room with fireplace, and beautifully renovated kitchen w/ center island. Enjoy summer nights on your new deck overlooking the pristine backyard. The finished basement is sure to please with a home office, gym and full bath. Ideal location puts you just minutes from shopping, dining, NYC transportation and major highways! Don't miss this opportunity. Schedule your tour today!

Last Agent to Sell the Property

Sally Toma

Keller Williams Prosperity Realty Listed on: 07/12/2022

Keller Williams Prosperity Realty

Last Buyer's Agent

Rickey Cooper

Realty Executives Exceptional Realtors-Fairfield

Realty Executives Exceptional Realtors-Fairfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,266

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Accessible Home Design

  • Stairway

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00009 / 00685

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,266

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: None
  • Co List Office Phone: 973-696-0077
  • MLS Status: Sold - Sold
  • Directions: Lake Street to either Ballantine Pkwy or Delavan Avenue to Ridge Street
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Primary Bathroom: No
  • Basement Remarks: Bath(s) Other, Exercise Room, Office, Storage Room, Utility Room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 12266.0
  • Tax Block: 00685
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Reese Joseph E and Reese Jessica N
Bought by
Allgood Berwyn Dexter
Current Estimated Value
$816,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2019
Sold by
Posse Ana M and Fernandez Manuel
Bought by
Reese Joseph E and Reese Jessica N

Purchase Details

Closed on
Jan 7, 2003
Sold by
Hud
Bought by
Posse Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,520
Interest Rate
5.91%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1996
Sold by
Preztunik Joan
Bought by
Abdullah Haven and Abdullah Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Allgood Berwyn Dexter $650,000 Old Republic National Title
Reese Joseph E $465,000 Acres Land Title
Posse Ana $281,900 --
-- -- --
Abdullah Haven $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allgood Berwyn Dexter $400,000
Previous Owner Reese Joseph E $460,011
Previous Owner Reese Joseph E $453,092
Previous Owner Posse Ana M $300,000
Previous Owner Posse Ana $32,500
Previous Owner -- $225,520
Previous Owner Abdullah Haven $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $650,000 0.0% --
08/26/2022 08/26/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $650,000 -7.1% --
07/12/2022 07/12/22 For Sale $699,999 -- --
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 $12,034 $322,800 $57,500 $265,300
2024 $12,034 $322,800 $57,500 $265,300
2023 $12,060 $322,800 $57,500 $265,300
2022 $12,060 $322,800 $57,500 $265,300
2021 $12,053 $322,800 $57,500 $265,300
2020 $12,266 $322,800 $57,500 $265,300
2019 $9,308 $247,500 $57,500 $190,000
2018 $9,140 $247,500 $57,500 $190,000
2017 $8,811 $247,500 $57,500 $190,000
2016 $8,514 $247,500 $57,500 $190,000
2015 $8,190 $247,500 $57,500 $190,000
2014 $7,675 $247,500 $57,500 $190,000
Source: Public Records

Agents Affiliated with this Home

  • Sally Toma

    Seller's Agent in 2022

    Sally Toma

    Keller Williams Prosperity Realty

    (347) 728-8516

    1 in this area

    7 Total Sales

    Sally Toma
    Section Image
  • Rickey Cooper

    Buyer's Agent in 2022

    Rickey Cooper

    Realty Executives

    (973) 493-7347

    4 in this area

    17 Total Sales

    Rickey Cooper
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22025933

New Jersey MLS

APN: 14-00685-0000-00009

New Jersey Essex County Newark 07104 Forest Hill

538-540 Ridge St, Newark, NJ

This home is located at 538-540 Ridge St, Newark, NJ 07104 since 12 July 2022 and is currently estimated at $816,442. 538-540 Ridge St is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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