NOT LISTED FOR SALE

567-569 Laurel Rd Ridgewood, NJ 07450

Estimated Value: $896,120 - $1,202,000

6 Beds
3.5 Baths
-- Sq Ft
10,106 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $998,000

Est. 4% increase in value since last sale

Current estimated payment $7,208/month

8 Days on Market

About This Home

As of June 2022

Updated and immaculately maintained side-by-side 2 family in the sought-after Somerville school district. Each 3 BR apartment has its own entrance with porch, spacious living room with high ceilings and hardwood floors, large dining rooms & newer kitchens. Upstairs each unit has 3 bedrooms & updated full bath. Two separate basements have storage, laundry, a bonus office type of room, and a bath. Newer patio. Separate utilities. Two car parking for each unit plus 2 car garage currently used for storage and not rented. Leases in place until June 2023.

Last Agent to Sell the Property

Laura Gill

Keller Williams Village Square Realty Listed on: 05/11/2022

Keller Williams Village Square Realty

Last Buyer's Agent

Laura Gill

Keller Williams Village Square Realty Listed on: 05/11/2022

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,531

Lot Details

  • 10,106

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Laundry in Basement
  • 10,106 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00013 / 04306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,531

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • Co List Office Phone: 201-445-4300
  • MLS Status: Sold - Sold
  • Directions: Spring to Kenilworth to Laurel
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sde/Sde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Basement Remarks: Laundry, bath, storage, office/storage room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: .232 acre
  • Lot Size Sq Ft: 10106.0

Tax Info

  • Tax Annual Amount: 15531.0
  • Tax Block: 04306
  • Tax Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 17, 2022
Sold by
Reynolds James J and Reynolds Lorraine R
Bought by
Laurel Ridgewood Llc
Seller's Agent
Laura Gill
Keller Williams Village Square Realty
Buyer's Agent
Laura Gill
Keller Williams Village Square Realty
List Price
$899,000
Sold Price
$998,000
Premium/Discount to List
$99,000
11.01%
Current Estimated Value
$1,041,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,030
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Universal Abundance Llc
Bought by
Reynolds James J and Reynolds Lorraine R

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
3.36%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2012
Sold by
Efrati Ehud and Bekoff Ruth
Bought by
Universal Abundance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2001
Sold by
Cantone Michael A
Bought by
Efrati Ehud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.64%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Zeug John S
Bought by
Cantone Michael A and Cantone Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,400
Interest Rate
7.83%
Source: Public Records

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Range of Values:

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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
Laurel Ridgewood Llc $998,000 Grandview Title
Reynolds James J $547,500 --
Universal Abundance Llc $400,000 --
Efrati Ehud $549,900 --
Cantone Michael A $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds James J $300,000
Previous Owner Universal Abundance Llc $385,000
Previous Owner Efrati Ehud $350,000
Previous Owner Cantone Michael A $323,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $998,000 +11.0% --
05/19/2022 05/19/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $899,000 -- --
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
2024 $16,908 $603,000 $315,500 $287,500
2023 $16,097 $603,000 $315,500 $287,500
2022 $16,097 $589,000 $315,500 $273,500
2021 $15,950 $589,000 $315,500 $273,500
2020 $15,532 $589,000 $315,500 $273,500
2019 $15,296 $589,000 $315,500 $273,500
2018 $14,597 $569,100 $315,500 $253,600
2017 $13,545 $533,700 $315,500 $218,200
2016 $13,214 $533,700 $315,500 $218,200
2015 $12,985 $533,700 $315,500 $218,200
2014 $12,729 $533,700 $315,500 $218,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22016500

New Jersey MLS

APN: 51-04306-0000-00013