$1,270,000
SOLD AUG 1, 2024

681 Broad Ave Ridgefield, NJ 07657

7 Beds
4 Baths
2,840 Sq Ft
3,872 Sq Ft Lot

Recently Sold

$447 Per Sq Ft

2% Above List Price

35 Days on Market

About This Home

As of August 2024

Welcome to this charming, commercially zoned, 2-family house facing East! This property offers a wonderful opportunity for investors or owner-occupants looking for rental income. The first unit is a beautifully renovated 2-bedroom, 1-bathroom apartment with a modern kitchen boasting hardwood flooring throughout. Convenience is key with an in-unit washer and dryer. This unit is currently leased at $2,500 per month, with the lease expiring on 4/29/2024. The second unit is a spacious 3-bedroom, 2-bathroom apartment featuring a large kitchen with quartz countertops. The unit also includes a washer and dryer for added convenience. Currently rented at $3,000 per month, the lease for this unit expires on 5/30/2024. The ground floor has a large 2-bed, 1-bath with a summer kitchen and sliding glass door to the rear patio from the family room. The roof was replaced in 2023, and the house features a high-efficiency boiler. The house is conveniently located close to major highways.

Last Agent to Sell the Property

Jae Kim

RE/MAX Now

Co-Listed By

Simon Kim

RE/MAX Now

Last Buyer's Agent

BRAULIO CESPEDES

Real

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,123

Year Built

  • 1963

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in unit
  • 3,872 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00001 / 02201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,123

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 891-8000
  • MLS Status: Sold - Sold
  • Directions: near Banta Pl.
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3872.0

Tax Info

  • Tax Annual Amount: 14123.0
  • Tax Block: 02201
  • Tax Lot: 00001

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,270,000 +1.6% $447 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $1,250,000 0.0% $440 / Sq Ft
06/12/2023 06/12/23 Rented $3,000 0.0% --
05/25/2023 05/25/23 Price Changed $3,000 -6.3% $1 / Sq Ft
05/13/2023 05/13/23 For Rent $3,200 0.0% --
11/30/2018 11/30/18 Sold $650,000 -4.4% $229 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $680,000 -- $239 / Sq Ft
Source: New Jersey MLS

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 $14,264 $869,800 $292,400 $577,400
2023 $14,123 $852,600 $287,400 $565,200
2022 $14,123 $833,200 $277,400 $555,800
2021 $13,165 $508,700 $183,100 $325,600
2020 $12,911 $508,700 $183,100 $325,600
2019 $12,616 $508,700 $183,100 $325,600
2018 $12,295 $508,700 $183,100 $325,600
2017 $11,822 $508,700 $183,100 $325,600
2016 $11,385 $508,700 $183,100 $325,600
2015 $11,024 $508,700 $183,100 $325,600
2014 $10,678 $508,700 $183,100 $325,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $889,000 New Conventional
Previous Owner $660,000 New Conventional
Previous Owner $520,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $520,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $1,270,000 American Land Title
Quit Claim Deed -- Blueland Title
Interfamily Deed Transfer -- Hudson One Title Agency
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $650,000 --
Source: Public Records

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Source: New Jersey MLS

MLS Number: 24016004

New Jersey MLS

APN: 49-02201-0000-00001