$470,000
SOLD APR 28, 2023

7 Preston St Ridgefield Park, NJ 07660

3 Beds
3 Baths
1,493 Sq Ft
3,001 Sq Ft Lot

Recently Sold

$315 Per Sq Ft

4% Below List Price

112 Days on Market

About This Home

As of April 2023

Welcome 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!

Last Agent to Sell the Property

Ingrid Cassidy

Coldwell Banker, Hoboken Listed on: 10/03/2022

Coldwell Banker, Hoboken

Last Buyer's Agent

Ligia Theodorou

Century 21 Gemini Realty, LLC

Century 21 Gemini Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,073

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,073

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: 201-798-3300
  • MLS Status: Sold - Sold
  • Directions: between Paulison Ave and Lincoln Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Remarks: full, finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3001.0

Tax Info

  • Tax Annual Amount: 10073.0
  • Tax Block: 00052
  • Tax Lot: 00003

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%
Views
191
Current Estimated Value
$639,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,979
Avg. Annual Appreciation
13.97%
Original Mortgage
$454,313
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2020
Sold by
Roca Juan A and Roca Jessica M
Bought by
Ovalles Luis M and Ovalles Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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%
Source: Public Records

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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 Type Sale Price Title Company
Deed $470,000 First American Title Insurance
Deed $375,000 Hudson United Title Svcs Llc
Deed $395,000 --
Deed $380,000 --
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $452,872 FHA
Closed $454,313 FHA
Previous Owner $281,250 New Conventional
Previous Owner $285,000 No Value Available
Previous Owner $350,000 No Value Available
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 -- $328 / Sq Ft
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 $13,106 $452,400 $200,000 $252,400
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

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Map

Source: New Jersey MLS

MLS Number: 22036173

New Jersey MLS

APN: 50-00052-0000-00003