NOT LISTED FOR SALE

551 Ridgedale Ave East Hanover, NJ 07936

Estimated Value: $706,000 - $880,000

4 Beds
3 Baths
2,225 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $650,000 $292 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,095/month

54 Days on Market

About This Home

As of December 2021

This home is located at 551 Ridgedale Ave, East Hanover, NJ 07936 since 09 September 2021 and is currently estimated at $817,885, approximately $367 per square foot. This property was built in 1979. 551 Ridgedale Ave is a home located in Morris County with nearby schools including Frank J. Smith Elementary School, Central Elementary School, and East Hanover Middle School.

Last Agent to Sell the Property

Laura Birdsall

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-2991 Listed on: 09/09/2021

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Mark Burton

KELLER WILLIAMS SUBURBAN REALTY

KELLER WILLIAMS SUBURBAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,232

Year Built

  • Built in 1979

Lot Details

  • 0.35 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,232

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • County Name: Morris
  • Street Number Display: 551
  • I D: 5102144
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 100X152
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 15, 2021
Sold by
Alan Ellis
Bought by
Markese Michael Benjamin and Markese Shari
Seller's Agent
Laura Birdsall
PROMINENT PROPERTIES SIR
Buyer's Agent
Mark Burton
KELLER WILLIAMS SUBURBAN REALTY
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Current Estimated Value
$793,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,917
Original Mortgage
$345,000
Interest Rate
3.1%

Purchase Details

Listed on
Aug 29, 2013
Closed on
Aug 29, 2013
Sold by
Borghini Angel and Borghini Silvia
Bought by
Ellis Alan
Seller's Agent
LORRAINE HURLBUT
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Beverly Sackman
WEICHERT REALTORS
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$407,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2007
Sold by
Borghini Angel
Bought by
Borghini Angel and Grosso Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Thach Tom C
Bought by
Borghini Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1998
Sold by
Mossucco Adele and Mossucco Anthony
Bought by
Thach Tom C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.98%

Purchase Details

Closed on
Oct 23, 1995
Sold by
Mossucco Anthony and Mossucco Adele
Bought by
Mossucco Adele
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
Markese Michael Benjamin $650,000 Land Title
Ellis Alan $535,000 Commonwealth Land Title Ins
Borghini Angel -- --
Borghini Angel $535,000 --
Thach Tom C $265,100 --
Mossucco Adele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markese Michael Benjamin $345,000
Previous Owner Ellis Alan $407,000
Previous Owner Borghini Angel $390,000
Previous Owner Borghini Angel $417,000
Previous Owner Borghini Angel $428,000
Previous Owner Thach Tom C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $650,000 -1.5% $292 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $660,000 -5.6% $297 / Sq Ft
10/14/2021 10/14/21 Price Changed $699,000 -3.6% $314 / Sq Ft
10/02/2021 10/02/21 Price Changed $725,000 -3.2% $326 / Sq Ft
09/09/2021 09/09/21 For Sale $749,000 +40.0% $337 / Sq Ft
08/29/2013 08/29/13 Sold $535,000 -- $240 / 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
2024 $9,232 $370,000 $152,100 $217,900
2023 $9,232 $370,000 $152,100 $217,900
2022 $9,021 $370,000 $152,100 $217,900
2021 $9,021 $370,000 $152,100 $217,900
2020 $8,843 $370,000 $152,100 $217,900
2019 $8,680 $370,000 $152,100 $217,900
2018 $8,418 $370,000 $152,100 $217,900
2017 $8,144 $370,000 $152,100 $217,900
2016 $8,033 $370,000 $152,100 $217,900
2015 $7,918 $370,000 $152,100 $217,900
2014 $7,748 $370,000 $152,100 $217,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3739622

Garden State MLS

APN: 10-00038-0000-00047