NOT LISTED FOR SALE

7 E Ridgewood Ave Paramus, NJ 07652

Estimated Value: $1,910,270

12 Beds
8.5 Baths
-- Sq Ft
1.84 Acres

Last Sold September 12, 2022

Last sale price $1,550,000

Est. 23% increase in value since last sale

Current estimated payment $11,529/month

30 Days on Market

About This Home

As of September 2022

A unique and large 1.84 Acre property in Paramus. Perfect opportunity for a developer/investor to renovate/upgrade the existing lot located on a dead-end road, private area between the Bergen New Bridge Building Medical Center and Veterans Home. for GPS purposes use 7 Sorbello Rd. This lot features 2 buildings with 8 total apartments, each building has 4 apartments (2 two Bedroom apartments and 2 one Bedroom apartments) and a separate four bay garage. Currently all 8 apartments are rented as well as all 4 garages. Lot is zoned R-100, Class code: Apartment - 4C. Convenient location close to Garden State Parkway, NYC bus park & ride to Port Authority, shopping malls, route 17, & more. Survey and additional docs available upon request.

Last Agent to Sell the Property

Julia Ferretti

Howard Hanna Rand Realty, Old Tappan Listed on: 05/25/2022

Howard Hanna Rand Realty, Old Tappan

Last Buyer's Agent

Timothy Fierro

Howard Hanna Rand Realty

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,309

Lot Details

  • 1.84

Parking

  • 4 Car Garage

Home Design

Bedrooms and Bathrooms

  • 12 Bedrooms

Additional Features

  • Laundry in unit
  • 1.84 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00002 / 06402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,309

Lot Details

0

Parking

4

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 660-8800
  • MLS Status: Sold - Sold
  • Directions: FOR GPS PURPOSES USE 7-11 Sorbello Rd PARAMUS
  • Architectural Style: 4 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Sde/Sde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 12

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 80150.0

Tax Info

  • Tax Annual Amount: 23309.0
  • Tax Block: 06402
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2002
Current Estimated Value
$1,910,270
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $737,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $1,550,000 -22.5% --
06/24/2022 06/24/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,999,999 -- --
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 $18,478 $1,242,900 $425,000 $817,900
2024 $18,434 $1,220,500 $394,000 $826,500
2023 $17,828 $1,201,700 $375,700 $826,000
2022 $17,828 $1,148,700 $351,200 $797,500
2021 $17,021 $1,029,100 $320,200 $708,900
2020 $16,858 $1,056,900 $310,200 $746,700
2019 $18,146 $977,700 $609,300 $368,400
2018 $17,921 $977,700 $609,300 $368,400
2017 $17,608 $977,700 $609,300 $368,400
2016 $17,129 $977,700 $609,300 $368,400
2015 $16,953 $977,700 $609,300 $368,400
2014 $16,807 $977,700 $609,300 $368,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22018871

New Jersey MLS

APN: 46-06813-0000-00023