NOT LISTED FOR SALE

55 School House Rd Oak Ridge, NJ 07438

Estimated Value: $637,000 - $786,000

4 Beds
3 Baths
2,532 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $710,000 $280 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,776/month

10 Days on Market

About This Home

As of May 2024

This home is located at 55 School House Rd, Oak Ridge, NJ 07438 since 29 February 2024 and is currently estimated at $714,868, approximately $282 per square foot. This property was built in 1998. 55 School House Rd is a home located in Morris County with nearby schools including Jefferson Township Middle School, Jefferson Township High School, and Alpine Montessori School - Oakridge.

Last Agent to Sell the Property

JUSTIN JUBA

JUBA TEAM REALTY Brokerage Phone: 973-874-0800 Listed on: 02/29/2024

Co-Listed By

JOHN LESHIK

JUBA TEAM REALTY Brokerage Phone: 973-874-0800

Last Buyer's Agent

Goran Matlijoski

KELLER WILLIAMS INTEGRITY

KELLER WILLIAMS INTEGRITY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,329

Year Built

  • Built in 1998

Lot Details

  • 0.48

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,329

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Morris
  • I D: 5272252
  • Attribution Contact: 973-874-0800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
May 1, 2024
Sold by
Varda Michael and Varda Adriane
Bought by
Patel Ronak and Patel Harina
Seller's Agent
JUSTIN JUBA
JUBA TEAM REALTY
Buyer's Agent
Goran Matlijoski
KELLER WILLIAMS INTEGRITY
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%
Views
79
Current Estimated Value
$714,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,868
Avg. Annual Appreciation
0.43%
Original Mortgage
$497,000
Outstanding Balance
$490,018
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$224,850

Purchase Details

Closed on
Feb 18, 1998
Sold by
Eastwoods At Bowling Green Llc
Bought by
Varda Michael and Varda Adriane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Ronak $710,000 None Listed On Document
Patel Ronak $710,000 None Listed On Document
Varda Michael $292,632 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ronak $497,000
Closed Patel Ronak $497,000
Previous Owner Varda Michael $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $710,000 +1.4% $280 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $699,900 -- $276 / Sq Ft
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 $12,329 $423,000 $129,000 $294,000
2024 $12,017 $410,700 $129,000 $281,700
2023 $12,017 $410,700 $129,000 $281,700
2022 $11,475 $410,700 $129,000 $281,700
2021 $11,475 $410,700 $129,000 $281,700
2020 $11,282 $410,700 $129,000 $281,700
2019 $11,037 $401,500 $127,900 $273,600
2018 $10,834 $388,600 $123,200 $265,400
2017 $11,099 $391,100 $143,400 $247,700
2016 $10,648 $396,000 $143,400 $252,600
2015 $10,321 $374,900 $143,400 $231,500
2014 $10,312 $378,700 $143,400 $235,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JUSTIN JUBA

    JUBA TEAM REALTY

  • J

    Seller Co-Listing Agent in 2024

    JOHN LESHIK

    JUBA TEAM REALTY

  • Goran Matlijoski

    Buyer's Agent in 2024

    Goran Matlijoski

    KELLER WILLIAMS INTEGRITY

    (443) 574-1600

    1 in this area

    100 Total Sales

    Goran Matlijoski
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3888297

Garden State MLS

APN: 14-00445-0000-00006-13

New Jersey Morris County Oak Ridge 07438

55 School House Rd, Oak Ridge, NJ

Not Listed for Sale

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes