B
Seller's Agent in 2025
Bishoy Azer
Keller Williams Realty West Monmouth
(732) 236-5050
1 in this area
53 Total Sales
601 Ridgeway Ave South Amboy, NJ 08879
5
Beds
3
Baths
2,756
Sq Ft
10,454
Sq Ft Lot
Highlights
- 6 Car Detached Garage
- Baseboard Heating
- 5-minute walk to Melrose Park
- Cooling Available
- Level Lot
About This Home
As of April 2025Lucrative investment opportunity in South Amboy with Sayreville school district. This multi-family home offers three separate units, making it an excellent option for rental income or multi-generational living. Unit 1 features bedroom and one bath, unit two has two bedrooms and one bath with central air and unit three is the largest, boasting a spacious family room and sun porch. The property includes on-site laundry, off-street parking and an expansive 8-car garage. The roof, siding, and windows were replaced approx. 2016. All on-site appliances will remain, including multiple ovens and refrigerators. The large driveway provides ample parking There is a basement for additional storage. Located in a prime commuter-friendly area, this property offers easy access to mass transit, making it ideal for those traveling to NYC and surrounding areas. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable location.
Last Agent to Sell the Property
Keller Williams Realty West Monmouth License #2081417 Listed on: 02/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,740
Year Built
- Built in 1892
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 103 x 103
- Level Lot
- Sprinkler System
Parking
- 6 Car Detached Garage
- On-Street Parking
Home Design
- Triplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,756 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Stove
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- South Amboy Elementary And Middle School
- South Amboy High School
Utilities
- Cooling Available
- Radiant Heating System
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Exclusions: Personal belongings
- Assessor Parcel Number 19-00288-01-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2025
Closed on
Apr 14, 2025
Sold by
Svenningsen Thor and Svenningsen William
Bought by
Day Dreamers Rental Llc
Seller's Agent
Bishoy Azer
Keller Williams Realty West Monmouth
Buyer's Agent
Sumit Parbhakar
J.J. Elek Guarantee Sales
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
153
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
$38,417
Avg. Annual Appreciation
22.97%
Original Mortgage
$476,250
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2015
Sold by
Svenningsen William
Bought by
Svenningsen William and Svenningsen Thor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2008
Sold by
Svenningsen Joan E
Bought by
Svenningsen William
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $646,000 | Founders Title | |
| Deed | $646,000 | Founders Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $476,250 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $150,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Sold | $685,000 | -2.0% | $249 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $699,000 | -- | $254 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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 | $11,740 | $192,300 | $52,100 | $140,200 |
| 2024 | $11,415 | $192,300 | $52,100 | $140,200 |
| 2023 | $11,415 | $192,300 | $52,100 | $140,200 |
| 2022 | $9,698 | $192,300 | $52,100 | $140,200 |
| 2021 | $9,907 | $192,300 | $52,100 | $140,200 |
| 2020 | $10,278 | $192,300 | $52,100 | $140,200 |
| 2019 | $10,063 | $192,300 | $52,100 | $140,200 |
| 2018 | $9,882 | $192,300 | $52,100 | $140,200 |
| 2017 | $9,653 | $192,300 | $52,100 | $140,200 |
| 2016 | $9,396 | $192,300 | $52,100 | $140,200 |
| 2015 | $9,182 | $192,300 | $52,100 | $140,200 |
| 2014 | $8,936 | $192,300 | $52,100 | $140,200 |
Source: Public Records
Agents Affiliated with this Home
-
Bishoy Azer
-
Sumit Parbhakar
S
Buyer's Agent in 2025
Sumit Parbhakar
J.J. Elek Guarantee Sales
(732) 532-8701
1 in this area
30 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22503406
APN: 19-00288-01-00005
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