NOT LISTED FOR SALE

740 Ridge St Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $491,000 - $642,000

6 Beds
3 Baths
2,046 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $282,999 $138 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,551/month

81 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Living Room
  • Formal Dining Room

About This Home

As of May 2019

Lovely One Family at edge of Forest Hill section of Newark's North Ward. Conveniently across the street from Ridge St Elementary School. Good sized rooms, Modern Kitchen, Open front porch and parking for 2 cars. Located in Newark's North ward on the edge of the Forest Hills section.

Last Agent to Sell the Property

Manuel Couto

NENO-ROSA AGENCY Listed on: 11/29/2018

Last Buyer's Agent

SHERIE HINNANT

ESSENTIAL REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Vertical Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Stone Driveway

Utilities

  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-00781-0000-00044-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,671

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 740
  • Directions: Between Grafton and Motclair
  • I D: 4855029
  • Modified: 2021-09-23
  • Number Images: 16
  • First Name: MANUEL
  • First Name3: SHERIE
  • Last Name: COUTO
  • Last Name3: HINNANT
  • Office Phone: 201.997.7860x116
  • Office Phone3: 973-746-4777
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 9
  • Bedrooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms
  • Phone: 201-997-7860

Exterior Features

  • Exterior Description: Vertical Siding
  • Roof Description: Composition Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Crushed Stone

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 35X100
  • Assessed Improvement Value: 113000
  • Assessed Land Value: 46300
  • Assessment: 159300
  • Easement: Unknown
  • Lot Identifier: 44
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5671
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00781-0000-00044-0000-
  • Tax Rate Amount: 3.560
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
May 24, 2019
Sold by
Fnma
Bought by
Encarnacion Victor and Encarnacion Saudi
Seller's Agent
Manuel Couto
NENO-ROSA AGENCY
Buyer's Agent
SHERIE HINNANT
ESSENTIAL REAL ESTATE
List Price
$310,000
Sold Price
$282,999
Premium/Discount to List
-$27,001
-8.71%
Current Estimated Value
$576,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,378
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
Sep 20, 2018
Sold by
Rivera Marcelo
Bought by
Fnma

Purchase Details

Closed on
Aug 1, 2009
Sold by
313 Seventh Avenue Corp
Bought by
313 7Th Ave West Corporation

Purchase Details

Closed on
Apr 10, 2008
Sold by
Reyes Candida
Bought by
313 Seventh Avenue Corp

Purchase Details

Closed on
Jun 28, 2007
Sold by
Herrera Rosa
Bought by
Rivera Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2007
Sold by
740 Ridge Street Corp Inc
Bought by
Herrera Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Duprey Edward
Bought by
Herrera Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,760
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2005
Sold by
Perez Jose
Bought by
Duprey Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 1990
Sold by
Don Luby Roofing
Bought by
Perez Jose J and Perez Monserrate C

Purchase Details

Closed on
Apr 28, 1988
Sold by
Barten Alfred and Barten David
Bought by
Roofing Don and Roofing Luby
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Encarnacion Victor $282,999 Tri-County Title Services Ll
Fnma -- --
313 7Th Ave West Corporation -- None Available
313 Seventh Avenue Corp -- None Available
Reyes Candida -- None Available
Rivera Marcelo $410,000 None Available
Herrera Rosa -- None Available
Herrera Rosa $375,950 --
Duprey Edward $355,000 --
Perez Jose J $180,000 --
Roofing Don $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Marcelo $410,000
Previous Owner Herrera Rosa $300,760
Previous Owner Duprey Edward $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $282,999 -0.7% $138 / Sq Ft
05/03/2019 05/03/19 Price Changed $285,000 -8.1% $139 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $310,000 -- $152 / Sq Ft
Source: Garden State 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 $5,939 $159,300 $46,300 $113,000
2024 $5,939 $159,300 $46,300 $113,000
2022 $5,951 $159,300 $46,300 $113,000
2021 $5,948 $159,300 $46,300 $113,000
2020 $6,053 $159,300 $46,300 $113,000
2019 $5,991 $159,300 $46,300 $113,000
2018 $5,883 $159,300 $46,300 $113,000
2017 $5,671 $159,300 $46,300 $113,000
2016 $5,480 $159,300 $46,300 $113,000
2015 $5,271 $159,300 $46,300 $113,000
2014 $4,940 $159,300 $46,300 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Manuel Couto

    Seller's Agent in 2019

    Manuel Couto

    NENO-ROSA AGENCY

    (908) 490-0534

    1 in this area

    69 Total Sales

    Manuel Couto
    Section Image

  • S

    Buyer's Agent in 2019

    SHERIE HINNANT

    ESSENTIAL REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3518123

Garden State MLS

APN: 14-00781-0000-00044

New Jersey Essex County Newark 07104 Forest Hill

740 Ridge St, Newark, NJ

This home is located at 740 Ridge St, Newark, NJ 07104 since 29 November 2018 and is currently estimated at $576,377, approximately $281 per square foot. This property was built in 1915. 740 Ridge St is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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.

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