NOT LISTED FOR SALE

7 E Ridgewood Ave Paramus, NJ 07652

Estimated Value: $1,708,847

12 Beds
8.5 Baths
-- Sq Ft
1.84 Acres

Last Sold September 12, 2022

Last sale price $1,550,000

Est. 10% increase in value since last sale

Current estimated payment $11,010/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 Listed By

Julia Ferretti

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

Howard Hanna Rand Realty, Old Tappan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,309

Year Built

  • 1780

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

Year Built

1780

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
  • Year Built (Public Record): 1780

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
Total Days on Market
30
Current Estimated Value
$1,708,847

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

Purchase History

Date Buyer Sale Price Title Company
-- $737,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • J

    Seller's Agent in 2022

    Julia Ferretti

    Howard Hanna Rand Realty, Old Tappan

    (201) 281-9421

    3 in this area

    18 Total Sales

    Julia Ferretti
    Section Image
  • Timothy Fierro

    Buyer's Agent in 2022

    Timothy Fierro

    Rand Realty

    (973) 768-2393

    1 in this area

    28 Total Sales

    Timothy Fierro
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22018871

New Jersey MLS

APN: 46-06813-0000-00023

New Jersey Bergen County Paramus 07652

7 E Ridgewood Ave, Paramus, NJ

Homes for Sale in Paramus, NJ

This home is located at 7 E Ridgewood Ave, Paramus, NJ 07652 since 25 May 2022 and is currently estimated at $1,708,847. This property was built in 1780. 7 E Ridgewood Ave is a home located in Bergen County with nearby schools including Paramus High School and Alpine Learning Group.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

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

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