NOT LISTED FOR SALE

540 Studio Rd Ridgefield, NJ 07657

Estimated Value: $1,151,000 - $1,592,000

7 Beds
5 Baths
4,647 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $800,000 $172 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,283/month

44 Days on Market

About This Home

As of September 2022

This 2 Family Home has ample space to meet all your needs and more! 540 Studio Road is situated on an enormous lot close to parks, schools, shopping, and transportation! Endless potential in this must-see home! The first-floor unit has 4 Bedrooms and 2 full bathrooms as well as an office space. Open and spacious kitchen and living space! The second unit which is both the second and third floor of the home has 3 bedrooms and 3 full baths. The house has full basement, all separate utilities, 2 fireplaces, and so much more! Don't miss out on this opportunity!

Last Agent to Sell the Property

Nicholas Triano

Keller Williams Valley Realty Listed on: 06/13/2022

Keller Williams Valley Realty

Last Buyer's Agent

Nicholas Triano

Keller Williams Valley Realty Listed on: 06/13/2022

Keller Williams Valley Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,764

Lot Details

  • 0.46

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 0.46 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00023 / 02501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,764

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-391-2500
  • MLS Status: Sold - Sold
  • Directions: Edgewater to Studio Road
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Basement Remarks: Full Basement

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 20251.0

Tax Info

  • Tax Annual Amount: 14764.0
  • Tax Block: 02501
  • Tax Lot: 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 1999
Sold by
Wagner George E and Wagner Carmela V
Bought by
Hassani Mahnaz and Hassani Reza
Current Estimated Value
$1,237,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.5%
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
Hassani Mahnaz $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hassani Mahnaz $120,800
Closed Hassani Mahnaz $216,000
Closed Hassani Mahnaz $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $800,000 -5.9% $172 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $850,000 -14.9% $183 / Sq Ft
06/13/2022 06/13/22 For Sale $999,000 -- $215 / 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
2025 $18,072 $1,102,000 $393,500 $708,500
2024 $18,467 $1,066,800 $386,000 $680,800
2023 $21,104 $1,103,800 $381,000 $722,800
2022 $21,104 $1,245,100 $425,600 $819,500
2021 $14,765 $570,500 $300,100 $270,400
2020 $14,479 $570,500 $300,100 $270,400
2019 $14,148 $570,500 $300,100 $270,400
2018 $13,789 $570,500 $300,100 $270,400
2017 $13,258 $570,500 $300,100 $270,400
2016 $12,768 $570,500 $300,100 $270,400
2015 $12,363 $570,500 $300,100 $270,400
2014 $11,975 $570,500 $300,100 $270,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22021604

New Jersey MLS

APN: 49-02501-0000-00023