587 Ridge Rd Watchung, NJ 07069
Estimated Value: $1,276,000 - $1,429,000
5
Beds
4
Baths
--
Sq Ft
1.5
Acres
About This Home
As of August 2013This home is located at 587 Ridge Rd, Watchung, NJ 07069 since 14 August 2013 and is currently estimated at $1,346,406. 587 Ridge Rd is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,445
Lot Details
- 1.5 Acre Lot
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2013
Closed on
Aug 14, 2013
Sold by
Chang Peter and Chang Jeanmaie
Bought by
Forno Dante Del and Forno Adriana Del
Sold Price
$845,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,406
Avg. Annual Appreciation
3.86%
Original Mortgage
$672,000
Outstanding Balance
$498,743
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$847,663
Purchase Details
Closed on
Mar 16, 1999
Sold by
Carkhuff Waldo
Bought by
Chang Peter and Chang Jeanmarie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.02%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forno Dante Del | $845,000 | None Available | |
| Chang Peter | $610,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forno Dante Del | $672,000 | |
| Previous Owner | Chang Peter | $488,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2013 08/14/13 | Sold | $845,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $19,445 | $1,057,200 | $383,600 | $673,600 |
| 2024 | $19,445 | $973,200 | $351,500 | $621,700 |
| 2023 | $18,800 | $921,100 | $328,400 | $592,700 |
| 2022 | $18,733 | $891,600 | $318,900 | $572,700 |
| 2021 | $17,505 | $863,700 | $311,100 | $552,600 |
| 2020 | $18,079 | $849,600 | $305,000 | $544,600 |
| 2019 | $17,505 | $843,600 | $305,000 | $538,600 |
| 2018 | $16,575 | $832,500 | $296,100 | $536,400 |
| 2017 | $16,325 | $824,900 | $262,000 | $562,900 |
| 2016 | $16,902 | $808,300 | $262,000 | $546,300 |
| 2015 | $16,264 | $767,900 | $238,100 | $529,800 |
| 2014 | $15,240 | $727,800 | $238,100 | $489,700 |
Source: Public Records
Map
Source: Garden State MLS
MLS Number: 3037685
APN: 21-07005-0000-00020
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