NOT LISTED FOR SALE

681 Broad Ave Ridgefield, NJ 07657

Estimated Value: $995,000 - $1,364,000

7 Beds
4 Baths
2,840 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,270,000 $447 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,937/month

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 - Palisades Park Listed on: 05/22/2024

Co-Listed By

Simon Kim

RE/MAX NOW - Norwood

Last Buyer's Agent

BRAULIO CESPEDES

Real

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,123

Lot Details

  • 3,872

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

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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 26, 2024
Sold by
Kim Young Hee
Bought by
Amin Shimaa Mohamed
Seller's Agent
Jae Kim
RE/MAX NOW - Palisades Park
Buyer's Agent
BRAULIO CESPEDES
Real
List Price
$1,250,000
Sold Price
$1,270,000
Premium/Discount to List
$20,000
1.6%
Views
34
Current Estimated Value
$1,221,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,179
Avg. Annual Appreciation
-3.76%
Original Mortgage
$889,000
Outstanding Balance
$881,995
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$339,826

Purchase Details

Closed on
May 27, 2022
Sold by
Hee Kim Young
Bought by
Kim Young Hee

Purchase Details

Closed on
Nov 26, 2019
Sold by
Song Min Ho and Song Jihyun
Bought by
Kim Young Hee and Song Jihyun

Purchase Details

Closed on
Apr 22, 2019
Sold by
Kim Young H
Bought by
Song Jihyun and Song Min H

Purchase Details

Closed on
Dec 28, 2018
Sold by
Wells Fargo Bank Na
Bought by
Kanebridge Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
Joan Sorokina Liubov and Joan Boerrner
Bought by
Kim Young H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Amin Shimaa Mohamed $1,270,000 American Land Title
Kim Young Hee -- Blueland Title
Kim Young Hee -- Hudson One Title Agency
Song Jihyun -- --
Kanebridge Corp -- --
Kim Young H $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amin Shimaa Mohamed $889,000
Previous Owner Kim Young Hee $660,000
Previous Owner Kanebridge Corp $520,000
Previous Owner Kim Young H $520,000
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 -- --
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
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

Agents Affiliated with this Home

  • Jae Kim

    Seller's Agent in 2024

    Jae Kim

    RE/MAX NOW - Palisades Park

    (201) 448-5374

    5 in this area

    48 Total Sales

    Section Image
  • Simon Kim

    Seller Co-Listing Agent in 2024

    Simon Kim

    RE/MAX NOW - Norwood

    (201) 981-7007

    7 in this area

    112 Total Sales

    Section Image
  • BRAULIO CESPEDES

    Buyer's Agent in 2024

    BRAULIO CESPEDES

    Real

    (862) 203-0975

    1 in this area

    32 Total Sales

    Section Image
  • Robert Lippman

    Buyer's Agent in 2023

    Robert Lippman

    RE/MAX

    (201) 679-6022

    19 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24016004

New Jersey MLS

APN: 49-02201-0000-00001

New Jersey Bergen County Ridgefield 07657

681 Broad Ave, Ridgefield, NJ

This home is located at 681 Broad Ave, Ridgefield, NJ 07657 since 22 May 2024 and is currently estimated at $1,221,821, approximately $430 per square foot. 681 Broad Ave is a home located in Bergen County with nearby schools including Slocum Skewes School, Bergen Blvd School, and Ridgefield Memorial High School.

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

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