NOT LISTED FOR SALE

538 Ridge St Unit 540 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $764,199 - $909,000

5 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $650,000

Est. 27% increase in value since last sale

Current estimated payment $5,505/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Home Office
  • Deck
  • Wood Flooring
  • Home Gym

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 Brokerage Phone: 347-728-8516 Listed on: 07/12/2022

Last Buyer's Agent

Rickey Cooper

REALTY EXECUTIVES EXCEPTIONAL

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,266

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Privacy Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-00685-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,266

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 538-540
  • Directions: Lake Street to either Ballantine Pkwy or Delavan Avenue to Ridge Street
  • I D: 5164655
  • Modified: 2023-12-24
  • Number Images: 26
  • First Name: SALLY
  • First Name3: RICKEY
  • Last Name: TOMA
  • Last Name3: COOPER
  • Office Phone3: 973-575-6700
  • Attribution Contact: 347-728-8516
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Bedroom 1, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, JacuzTyp, Smoke Detector, SoakTub, StallShw
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Office, Storage Room, Utility Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island
  • Other Room1 Level: First
  • Level 1 Rooms: 1 Bedroom, Dining Room, Family Room, Kitchen, Living Room, Pantry
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Storage Room
  • Phone: 973-696-0077

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Deck, Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 265300
  • Assessed Land Value: 57500
  • Assessment: 322800
  • Easement: Unknown
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Tax Amount: 12266
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00685-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

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
$826,300

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

Listed on
May 10, 2018
Closed on
Mar 5, 2019
Sold by
Posse Ana M and Fernandez Manuel
Bought by
Reese Joseph E and Reese Jessica N
Seller's Agent
HECTOR MARCHENA
QUEENS REALTY
Buyer's Agent
SALLY TOMA
KELLER WILLIAMS PROSPERITY REALTY
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

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:

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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% --
07/14/2022 07/14/22 For Sale $699,999 +50.5% --
03/05/2019 03/05/19 Sold $465,000 -2.1% --
01/18/2019 01/18/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $475,000 -7.8% --
10/25/2018 10/25/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $515,000 -- --
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 $12,034 $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

  • S

    Seller's Agent in 2022

    SALLY TOMA

    KELLER WILLIAMS PROSPERITY REALTY

  • Rickey Cooper

    Buyer's Agent in 2022

    Rickey Cooper

    REALTY EXECUTIVES EXCEPTIONAL

    (973) 493-7347

    4 in this area

    17 Total Sales

    Rickey Cooper
    Section Image

  • H

    Seller's Agent in 2019

    HECTOR MARCHENA

    QUEENS REALTY

  • William Boswell

    Buyer Co-Listing Agent in 2019

    William Boswell

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 224-4605

    542 Total Sales

    William Boswell
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3795432

Garden State MLS

APN: 14-00685-0000-00009

New Jersey Essex County Newark 07104 Forest Hill

538 Ridge St Unit 540, Newark, NJ

This home is located at 538 Ridge St Unit 540, Newark, NJ 07104 since 12 July 2022 and is currently estimated at $826,300. This property was built in 1920. 538 Ridge St Unit 540 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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