NOT LISTED FOR SALE

565 Monroe Place Ridgefield, NJ 07657

Estimated Value: $771,000 - $827,000

4 Beds
5 Baths
1,280 Sq Ft
$626/Sq Ft Est. Value

Last Sold June 27, 2025

Last sale price $795,000 $621 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,972/month

17 Days on Market

About This Home

As of June 2025

Exceptional Investment Opportunity – Beautifully Updated 2-Family Home in a Quiet, Convenient Location! Donâ€TMt miss this well-maintained multi-family gem, perfect for investors or owner-occupants seeking rental income. Located on a peaceful street with quick access to NYC and major highways, this property offers the ideal combination of convenience, comfort, and value. Unit 1 features a bright and updated living area with 2 bedrooms and 2 full bathrooms. Finished Basement: Includes 1 bedroom and 1 full bath, offering flexible open space for guests. Unit 2 showcases beautiful hardwood floors, a full kitchen, 2 bedrooms, and 1 bathroom. Bonus attic space for office, playroom, or storage. Parking Includes 1-car garage and driveway for 2 cars. This is a fantastic opportunity for investors or those seeking a multi-generational living solution. SOLD AS-IS – Schedule showing today and unlock the potential of this 2-family home!

Last Agent to Sell the Property

Yvonne Chung

Prominent Properties Sotheby's International Realty-Englewood Cliffs Listed on: 04/11/2025

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,869

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 4 / 1911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,869

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 646-531-2942
  • MLS Status: Sold - Sold
  • Directions: Edgewater Ave to Bergen Blvd
  • 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: 4

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Natural Gas Connected

Tax Info

  • Tax Annual Amount: 8869.0
  • Tax Block: 1911
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jun 26, 2025
Sold by
Adames Liana
Bought by
Castillo Carolina
Seller's Agent
Yvonne Chung
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Outside Agent
Outside Office
List Price
$769,000
Sold Price
$795,000
Premium/Discount to List
$26,000
3.38%
Views
32
Current Estimated Value
$801,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,528
Avg. Annual Appreciation
2.07%
Original Mortgage
$636,000
Outstanding Balance
$635,166
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$166,362

Purchase Details

Closed on
Feb 9, 2017
Sold by
Vargas Julio and Vargas Angela
Bought by
Adames Liana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1999
Sold by
Emc Mtg Corp
Bought by
Vargas Julio and Vargas Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.19%

Purchase Details

Closed on
May 15, 1998
Sold by
Casatelli Alexander and Casatelli Mary
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Mar 23, 1993
Sold by
Casatelli Gaetano
Bought by
Casatelli Alexander and Casatelli Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castillo Carolina $795,000 None Listed On Document
Castillo Carolina $795,000 None Listed On Document
Adames Liana $430,000 Chicago Title Insurance
Vargas Julio $165,000 --
Emc Mtg Corp -- --
Casatelli Alexander $58,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Carolina $636,000
Closed Castillo Carolina $636,000
Previous Owner Adames Liana $422,211
Previous Owner Vargas Julio $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $795,000 +3.4% $621 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $769,000 -- $601 / 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 $8,870 $564,200 $265,100 $299,100
2024 $8,067 $523,600 $257,600 $266,000
2023 $7,833 $482,200 $222,600 $259,600
2022 $7,833 $462,100 $207,600 $254,500
2021 $8,186 $316,300 $148,200 $168,100
2020 $8,028 $316,300 $148,200 $168,100
2019 $7,844 $316,300 $148,200 $168,100
2018 $7,645 $316,300 $148,200 $168,100
2017 $7,351 $316,300 $148,200 $168,100
2016 $7,079 $316,300 $148,200 $168,100
2015 $6,854 $316,300 $148,200 $168,100
2014 $6,639 $316,300 $148,200 $168,100
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Chung

    Seller's Agent in 2025

    Yvonne Chung

    Prominent Properties Sotheby's International Realty-Englewood Cliffs

    (201) 220-2207

    7 in this area

    27 Total Sales

    Yvonne Chung
    Section Image

  • O

    Buyer's Agent in 2025

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 25011898

New Jersey MLS

APN: 49-01911-0000-00004

New Jersey Bergen County Ridgefield 07657

565 Monroe Place, Ridgefield, NJ

Not Listed for Sale

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