NOT LISTED FOR SALE

565 Fairway Rd Ridgewood, NJ 07450

Estimated Value: $1,545,000 - $2,261,000

5 Beds
5.5 Baths
3,110 Sq Ft
$615/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $2,000,000 $643 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,389/month

9 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Ridgewood High School Rated A+
  • Central Air
  • Rectangular Lot

About This Home

As of July 2024

Ridgewood Gem in the Heart of Somerville is adorned w/ Custom Trim, stunning Oversized Windows for tons of natural light & Open Fl Plan for seamless flow. Living Rm w/ Gas Fplc & charming Window Seat mirrors large Dining Rm ready for Hosting. Open Kitchen w/ Stainless Apps, Butlers Pantry, seating for 12 opens to Family Room w/ Gas Fplc & Sliders to Paver Patio. 1st floor Home Office or opt BR #5 has adjacent Full Bath. Mudrm & Powder Rm at Driveway Ent. Ascend to 2nd Fl for Lux Prim BR, WIC, Ensuite Bath, 3 additional BRs, Full Hall Bath w Dbl Sinks. Nearby Laundry. Extensive 3rd Fl Suite boasts WIC & Ensuite Bath. Lower Level w/ large Rec Rm, Bonus Rm w adjacent & Storage galore. Beautiful Colonial w lovely Architectural Elements surrounded by Specimen Plantings, lush Priv. Landscaping & Paver Drive/Patio/Walkways for Exterior Sanctuary. Hardie Plank Siding, Approx 4,200 SF. 2-car Gar w/ Loft. Close to all 3 schools, NYC Transit, Town, Pool & Parks. Owner has NJRE Lic.

Last Agent to Sell the Property

Christine Gubb

Keller Williams Village Square Realty Listed on: 05/15/2024

Keller Williams Village Square Realty

Last Buyer's Agent

Carol Van Blarcom

DRI Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,033

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 79 x 150
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Somerville Elementary School
  • Benjamin Franklin Middle School
  • Ridgewood High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00013 / 03402

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,033

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: (201) 445-4300
  • Outside Inclusions: All kitchen appliances, w/d, lighting and blinds
  • MLS Status: Sold - Sold
  • Directions: N Pleasant Ave to Fairway Road
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Full, Finished. Rec Room, BonusRm, Fbth, Storage

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Cement Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Zoned

Schools

  • Elementary School: Somerville E.S.
  • High School: Ridgewood H.S.
  • Middle Or Junior School: Benjamin Franklin
  • Elementary: Somerville E.S.

Lot Info

  • Lot Dimensions: 79 x 150
  • Lot Size Sq Ft: 11848.0

Tax Info

  • Tax Annual Amount: 24033.0
  • Tax Block: 03402
  • Tax Lot: 00013

MLS Schools

  • High School Text: Ridgewood H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 15, 2024
Sold by
Thomas Peter G and Thomas Carol
Bought by
Zhang Chen and Du Mengqiong
Seller's Agent
Christine Gubb
Keller Williams Village Square Realty
Buyer's Agent
Carol Van Blarcom
DRI Real Estate Co.
List Price
$1,600,000
Sold Price
$2,000,000
Premium/Discount to List
$400,000
25%
Views
56
Current Estimated Value
$1,912,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,512
Avg. Annual Appreciation
2.86%
Original Mortgage
$1,000,000
Outstanding Balance
$992,637
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$1,073,307

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jan 3, 2012
Sold by
Dalmiya Gourav and Dalmiya Nita
Bought by
Thomas Peter G
Buyer's Agent
Carol Thomas
KELLER WILLIAMS VILLAGE SQUARE
Sold Price
$1,049,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$786,700
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Liberatore Eugene
Bought by
Soll Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.03%
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
Zhang Chen $2,000,000 Old Republic Title
Thomas Peter G $1,049,000 --
Soll Karl $421,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Chen $1,000,000
Previous Owner Thomas Peter G $786,700
Previous Owner Soll Karl $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $2,000,000 +25.0% $643 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,600,000 +52.5% $514 / Sq Ft
01/04/2012 01/04/12 Sold $1,049,000 -- $337 / 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 $24,590 $875,700 $307,400 $568,300
2024 $24,033 $857,100 $307,400 $549,700
2023 $24,033 $857,100 $307,400 $549,700
2022 $23,425 $857,100 $307,400 $549,700
2021 $23,210 $857,100 $307,400 $549,700
2020 $22,602 $857,100 $307,400 $549,700
2019 $22,259 $857,100 $307,400 $549,700
2018 $21,985 $857,100 $307,400 $549,700
2017 $21,753 $857,100 $307,400 $549,700
2016 $21,222 $857,100 $307,400 $549,700
2015 $20,853 $857,100 $307,400 $549,700
2014 $20,442 $857,100 $307,400 $549,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24015044

New Jersey MLS

APN: 51-03402-0000-00013