NOT LISTED FOR SALE

54 Summit St Ridgefield Park, NJ 07660

Estimated Value: $544,000 - $580,000

3 Beds
1.5 Baths
1,149 Sq Ft
$492/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $316,000 $275 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,933/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 2-minute walk to Vogt Park
  • Property is near a park

About This Home

As of June 2018

LOCATION! COMMUTER'S DREAM HOME. ONE OF THE BEST SPOT IN THE MIDDLE OF TOWN. FEW BLOCKS TO HWY 80, HWY 95, RT 46. WALKING DISTANCE TO LINCOLN ES, MAIN ST FOR BANK, RESTAURANT, CAFE & YOU NAME IT. WELL MAINTAINED 3 BED COLONIAL WITH CENTER ISLAND MEIK AND ENCLOSED FRONT & BACK PORCH. GREAT FOR STARTER HOME. MANY UPDATES SUCH AS ROOF(5YR), HARDWOOD FLOOR(7YR), WATER HEATER(3YR). PACK YOUR STUFF AND MOVE RIGHT IN. HUGE CONCRETE DRIVEWAY WITH 5+ PARKING. A MUST SEE!

Last Agent to Sell the Property

James Chung

Coldwell Banker, Fort Lee Listed on: 03/23/2018

Coldwell Banker, Fort Lee

Last Buyer's Agent

Laura Gill

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,101

Year Built

  • 1885

Lot Details

  • 5,998 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot

Home Design

  • Built before the 1900s
  • Colonial Architecture
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 025000052 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,101

Year Built

1885

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In
  • Views/Exposure: None
  • Year Built: Pre 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Unfinished
  • Basement: UNFINISHED, W/D, SEP ENTRANCE

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Park Space

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Win/AC

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Lincoln
  • High School: Ridgefield Pk. Jr/Sr

Lot Info

  • County Name: BERGEN
  • Locale: 200
  • Lot: 00010
  • Lot Description: Corner Lot, Regular
  • Lot Dimensions: 50X120
  • Estimated Lot Sq Ft: 5998

Tax Info

  • Tax: 8101
  • Assessor Parcel Number: 025000052 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 25, 2018
Sold by
Chung Jai W and Chung Tracy S
Bought by
Moy Justin and Moy Mei
Seller's Agent
James Chung
Coldwell Banker, Fort Lee
Buyer's Agent
Laura Gill
Keller Williams Village Square Realty
List Price
$319,000
Sold Price
$316,000
Premium/Discount to List
-$3,000
-0.94%
Total Days on Market
11
Current Estimated Value
$565,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,034
Avg. Annual Appreciation
8.75%
Original Mortgage
$276,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2011
Sold by
Minaya Jose R and Rosario Madeline
Bought by
Chung Jai W and Chung Tracy Shinae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,490
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2005
Sold by
Cucciniello Slavatore
Bought by
Minaya Jose and Rosario Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
5.95%
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
Moy Justin $316,000 --
Chung Jai W $225,000 --
Minaya Jose $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moy Justin $262,000
Closed Moy Justin $276,000
Previous Owner Chung Jai W $186,000
Previous Owner Chung Jai W $217,490
Previous Owner Rosario Madeline $25,000
Previous Owner Minaya Jose $291,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $316,000 -0.9% $275 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $319,000 -- $278 / 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 $11,210 $395,800 $230,000 $165,800
2023 $10,533 $380,500 $217,500 $163,000
2022 $10,533 $336,400 $185,000 $151,400
2021 $10,067 $306,000 $167,500 $138,500
2020 $9,708 $298,900 $165,000 $133,900
2019 $8,571 $217,600 $134,000 $83,600
2018 $8,373 $217,600 $134,000 $83,600
2017 $8,101 $217,600 $134,000 $83,600
2016 $7,886 $217,600 $134,000 $83,600
2015 $7,725 $217,600 $134,000 $83,600
2014 $7,525 $217,600 $134,000 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1810960

New Jersey MLS

APN: 50-00052-0000-00010