NOT LISTED FOR SALE

7 E Ridgewood Ave Paramus, NJ 07652

Estimated Value: $1,883,322

12 Beds
8.5 Baths
-- Sq Ft
1.84 Acres Lot

Sale Details

Date Sold: September 12, 2022

Last sale price $1,550,000

Est. 22% increase in value since last sale

Current estimated payment $11,692 / mo

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

1.84 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2002
Current Estimated Value
$1,883,322
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: New Jersey MLS

MLS Number: 22018871

New Jersey MLS

APN: 46-06813-0000-00023

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