NOT LISTED FOR SALE

623 Ridge St Unit 2 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $613,633 - $758,000

-- Bed
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 19, 2023

Last sale price $610,000

Est. 9% increase in value since last sale

Current estimated payment $4,308/month

15 Days on Market

About This Home

As of October 2023

This home is located at 623 Ridge St Unit 2, Newark, NJ 07104 since 18 September 2023 and is currently estimated at $659,908. 623 Ridge St Unit 2 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

Kevin Collymore

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 09/18/2023

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,751

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,751

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 623
  • I D: 5245460
  • Modified: 2024-10-20
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 17, 2023
Sold by
Greck Salvador and Guzman Magda
Bought by
623 Ridge Street Llc
Seller's Agent
Kevin Collymore
KELLER WILLIAMS - NJ METRO GROUP
List Price
$599,999
Sold Price
$610,000
Premium/Discount to List
$10,001
1.67%
Views
40
Current Estimated Value
$663,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,062
Avg. Annual Appreciation
4.47%
Original Mortgage
$630,000
Interest Rate
7.19%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 13, 2019
Sold by
Greck Felix and Greck Zoraida
Bought by
Gazman Magda and Greck Salvador

Purchase Details

Closed on
Jun 11, 1976
Bought by
Greck Felix and Greck Zoraida
Source: Public Records

Range of Values:

Collateral Analytics

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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
623 Ridge Street Llc $610,000 Main Street Title & Settlement
Gazman Magda -- None Available
Greck Felix $35,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 623 Ridge Street Llc $525,000
Closed 623 Ridge Street Llc $563,200
Previous Owner 214 Elwood Avenue Llc $630,000
Previous Owner 623 Ridge Street Llc $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $610,000 +1.7% --
10/03/2023 10/03/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $599,999 -- --
Source: Garden State 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 $7,751 $207,900 $57,500 $150,400
2024 $7,751 $207,900 $57,500 $150,400
2022 $7,767 $207,900 $57,500 $150,400
2021 $7,763 $207,900 $57,500 $150,400
2020 $7,900 $207,900 $57,500 $150,400
2019 $7,819 $207,900 $57,500 $150,400
2018 $7,678 $207,900 $57,500 $150,400
2017 $7,401 $207,900 $57,500 $150,400
2016 $7,152 $207,900 $57,500 $150,400
2015 $6,879 $207,900 $57,500 $150,400
2014 $6,447 $207,900 $57,500 $150,400
Source: Public Records

Agents Affiliated with this Home

  • Kevin Collymore

    Seller's Agent in 2023

    Kevin Collymore

    KELLER WILLIAMS - NJ METRO GROUP

    (732) 677-0970

    5 in this area

    74 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3865260

Garden State MLS

APN: 14-00738-0000-00036

New Jersey Essex County Newark 07104 Forest Hill

623 Ridge St Unit 2, Newark, NJ

This home is located at 623 Ridge St Unit 2, Newark, NJ 07104 since 18 September 2023 and is currently estimated at $659,908. 623 Ridge St Unit 2 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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