7 Preston St Ridgefield Park, NJ 07660
Estimated Value: $583,000 - $661,000
3
Beds
3
Baths
1,493
Sq Ft
$417/Sq Ft
Est. Value
About This Home
As of April 2023Welcome to this lovely 2 family house on a deep lot. This property is located in the desirable Ridgefield Park in a family neighborhood close to all schools and with easy transportation to NYC and surrounding areas. This home is a great fit for a 1st time home buyer to generate income from the other unit to help with the monthly expenses. The first floor is ready for its new occupant with 2 bedrooms and 1 bathroom. The basement is finished with extra rooms, a full bathroom and laundry. The second floor is a 1 bed/1bath unit and is currently occupied. The house has central heat. Central cooling can be an added feature. There is a big back yard for summer BBQs. This can be an income producing property or a home for the whole family as well. Come and check it out for yourself!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,073
Year Built
- 1886
Lot Details
- 3,001
Home Design
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Additional Features
- Laundry in Basement
- 3,001 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00003 / 00052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2022
Closed on
Apr 28, 2023
Sold by
Ovalles Luis M and Ovalles Blanca
Bought by
Ortlz-Porcel Marco V
Seller's Agent
Ingrid Cassidy
Coldwell Banker, Hoboken
Buyer's Agent
Ligia Theodorou
Century 21 Gemini Realty, LLC
List Price
$490,000
Sold Price
$470,000
Premium/Discount to List
-$20,000
-4.08%
Total Days on Market
112
Views
191
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,950
Avg. Annual Appreciation
14.28%
Original Mortgage
$454,313
Interest Rate
6.32%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 12, 2020
Closed on
Sep 18, 2020
Sold by
Roca Juan A and Roca Jessica M
Bought by
Ovalles Luis M and Ovalles Blanca
Seller's Agent
Mayra Herndadez
Howard Hanna Rand Realty, Englewood Cliffs
Buyer's Agent
Mayra Herndadez
Howard Hanna Rand Realty, Englewood Cliffs
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$281,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2007
Purchase Details
Closed on
Mar 13, 2006
Sold by
Rowley Cristabel
Bought by
Ballard Adam and Ballard Daria Galbo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.27%
Purchase Details
Closed on
Aug 12, 2004
Sold by
Taylor William
Bought by
Rowley Cristabel and Rowley Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.02%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ortlz-Porcel Marco V | $470,000 | First American Title Insurance | |
| Ovalles Luis M | $375,000 | Hudson United Title Svcs Llc | |
| -- | $395,000 | -- | |
| Ballard Adam | $380,000 | -- | |
| Rowley Cristabel | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ortiz-Porcel Marco V | $452,872 | |
| Closed | Ortlz-Porcel Marco V | $454,313 | |
| Previous Owner | Ovalles Luis M | $281,250 | |
| Previous Owner | Ballard Adam | $285,000 | |
| Previous Owner | Rowley Cristabel | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $470,000 | -4.1% | $315 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 10/03/2022 10/03/22 | For Sale | $490,000 | +30.7% | $328 / Sq Ft |
| 09/18/2020 09/18/20 | Sold | $375,000 | 0.0% | $251 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 05/28/2020 05/28/20 | Price Changed | $375,000 | -2.6% | $251 / Sq Ft |
| 05/21/2020 05/21/20 | For Sale | $385,000 | 0.0% | $258 / Sq Ft |
| 05/21/2020 05/21/20 | Price Changed | $385,000 | +2.7% | $258 / Sq Ft |
| 03/23/2020 03/23/20 | Off Market | $375,000 | -- | -- |
| 03/12/2020 03/12/20 | For Sale | $395,000 | -- | $265 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $13,063 | $452,400 | $200,000 | $252,400 |
| 2023 | $12,267 | $443,400 | $187,500 | $255,900 |
| 2022 | $12,267 | $391,800 | $155,000 | $236,800 |
| 2021 | $11,564 | $351,500 | $142,500 | $209,000 |
| 2020 | $9,945 | $306,200 | $140,000 | $166,200 |
| 2019 | $10,088 | $256,100 | $114,000 | $142,100 |
| 2018 | $9,855 | $256,100 | $114,000 | $142,100 |
| 2017 | $9,535 | $256,100 | $114,000 | $142,100 |
| 2016 | $9,281 | $256,100 | $114,000 | $142,100 |
| 2015 | $9,092 | $256,100 | $114,000 | $142,100 |
| 2014 | $8,856 | $256,100 | $114,000 | $142,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ingrid Cassidy
Seller's Agent in 2023
Ingrid Cassidy
Coldwell Banker, Hoboken
(201) 884-0245
1 in this area
18 Total Sales
-
Ligia Theodorou
Buyer's Agent in 2023
Ligia Theodorou
Century 21 Gemini Realty, LLC
(201) 912-7364
1 in this area
25 Total Sales
-
Mayra Herndadez
Seller's Agent in 2020
Mayra Herndadez
Rand Realty
(201) 658-6865
2 in this area
35 Total Sales
Map
Source: New Jersey MLS
MLS Number: 22036173
APN: 50-00052-0000-00003
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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