NOT LISTED FOR SALE

588 Abbott Ave Ridgefield, NJ 07657

Estimated Value: $1,190,000 - $1,318,013

4 Beds
5 Baths
1,436 Sq Ft
$858/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,035,000 $721 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,893/month

87 Days on Market

Highlights

  • New Construction
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Bergen Blvd School Rated A-
  • Central Air
  • Rectangular Lot

About This Home

As of June 2023

Magnificent, newly built colonial manor situated on a grand boulevard in the most prestigious neighborhood of Ridgefield. This residence spans over 3,100 sq ft of new luxury, featuring 4 stately bedrooms. The master suite and junior master are located on the upper level, along with a full hallway bathroom and a convenient laundry room. The expansive living and dining areas flow seamlessly together, creating the ultimate space for entertaining. A stately double wide driveway leads to a magnificent 2-car garage, and the property is equipped with dual-zone air conditioning and triple-zone heating for ultimate comfort. An epic abode of undeniable sophistication.

Last Agent to Sell the Property

Paul Kim

2Win Realty LLC Listed on: 01/31/2023

Co-Listed By

Tyler Sellers

Acre NJ LLC

Last Buyer's Agent

Jean Kim

Good Neighbor Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,161

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00024 / 02102

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,161

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: None
  • Co List Office Phone: 201-720-9000
  • MLS Status: Sold - Sold
  • Directions: use google maps
  • Reso Fireplace Features: None
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Sidehall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 5001
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Block: 02102
  • Tax Lot: 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Jun 29, 2023
Sold by
588 Abbott Avenue Llc
Bought by
Kim Seok Suk
Seller's Agent
Paul Kim
2Win Realty LLC
Buyer's Agent
Jean Kim
Good Neighbor Realty LLC
List Price
$1,100,000
Sold Price
$1,035,000
Premium/Discount to List
-$65,000
-5.91%
Views
181
Current Estimated Value
$1,186,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,408
Avg. Annual Appreciation
6.62%
Original Mortgage
$828,000
Outstanding Balance
$812,275
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$374,133

Purchase Details

Closed on
Nov 21, 2017
Sold by
Coleman John
Bought by
588 Abbott Avenue Llc

Purchase Details

Closed on
Sep 6, 2017
Sold by
Loan Acquisition Trust Series
Bought by
Coleman John

Purchase Details

Closed on
Jan 3, 2001
Sold by
Aufiero James G
Bought by
Gatto Peter and Gatto Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
7.64%
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
Kim Seok Suk $1,035,000 Stewart Title
588 Abbott Avenue Llc -- --
Coleman John $375,000 None Available
Gatto Peter $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Seok Suk $828,000
Previous Owner Gatto Maria $475,000
Previous Owner Gatto Peter $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $1,035,000 -5.9% $721 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $1,100,000 0.0% $766 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $1,100,000 -- $766 / 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 $19,161 $1,150,500 $342,700 $807,800
2024 $18,652 $1,131,100 $325,200 $805,900
2023 $18,560 $1,114,900 $323,600 $791,300
2022 $18,560 $1,095,000 $316,100 $778,900
2021 $5,714 $220,800 $220,800 $0
2020 $5,604 $220,800 $220,800 $0
2019 $5,476 $220,800 $220,800 $0
2018 $8,000 $331,000 $220,800 $110,200
2017 $7,692 $331,000 $220,800 $110,200
2016 $7,408 $331,000 $220,800 $110,200
2015 $7,173 $331,000 $220,800 $110,200
2014 $6,948 $331,000 $220,800 $110,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Kim

    Seller's Agent in 2023

    Paul Kim

    2Win Realty LLC

    (212) 897-7777

    2 in this area

    97 Total Sales

    Section Image
  • Tyler Sellers

    Seller Co-Listing Agent in 2023

    Tyler Sellers

    Acre NJ LLC

    (201) 832-3921

    1 in this area

    20 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jean Kim

    Good Neighbor Realty LLC

    (201) 428-8999

    2 in this area

    5 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23002810

New Jersey MLS

APN: 49-02102-0000-00024

New Jersey Bergen County Ridgefield 07657

588 Abbott Ave, Ridgefield, NJ

This home is located at 588 Abbott Ave, Ridgefield, NJ 07657 since 31 January 2023 and is currently estimated at $1,232,753, approximately $858 per square foot. 588 Abbott Ave is a home located in Bergen County with nearby schools including Slocum Skewes School, Bergen Blvd School, and Ridgefield Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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