$620,000
SOLD FEB 26, 2024

814 Ridge St Newark, NJ 07104

Forest Hill Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Recently Sold

5% Below List Price

24 Days on Market

About This Home

As of February 2024

This home is located at 814 Ridge St, Newark, NJ 07104 and is currently priced at $620,000. This property was built in 1880. 814 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.

Last Agent to Sell the Property

SHADI SANKAR

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 11/21/2023

Last Buyer's Agent

MATTHEW KNIGHTON

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,002

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • County Name: Essex
  • Street Number Display: 814
  • I D: 5256976
  • Modified: 2025-02-27
  • Number Images: 1
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 23X100
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Feb 26, 2024
Sold by
Cashflow Flips Llc
Bought by
Ferreyra Jose Luis Marmol
Seller's Agent
SHADI SANKAR
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
MATTHEW KNIGHTON
KELLER WILLIAMS - NJ METRO GROUP
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Total Days on Market
24
Views
92
Current Estimated Value
$604,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,902
Avg. Annual Appreciation
-1.95%
Original Mortgage
$603,860
Outstanding Balance
$596,720
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$7,378

Purchase Details

Closed on
Aug 22, 2023
Sold by
Velez Properties Llc
Bought by
Cashflow Flips Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 4, 2022
Closed on
Nov 21, 2022
Sold by
Collazo Gerardo and Collazo Nancy
Bought by
Velez Properties Llc
Seller's Agent
Gregory Tavarez
RE/MAX PROFESSIONALS I
List Price
$167,000
Sold Price
$242,000
Premium/Discount to List
$75,000
44.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.56%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Longo Andrew
Bought by
Collazo Gerardo and Collazo Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
8.1%
Mortgage Type
FHA
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 $620,000 First American Title
Deed $380,000 Sunnyside Title
Bargain Sale Deed $242,000 Primary Title Services
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,860 FHA
Previous Owner $450,000 New Conventional
Previous Owner $256,000 New Conventional
Previous Owner $230,000 Adjustable Rate Mortgage/ARM
Previous Owner $187,000 New Conventional
Previous Owner $150,500 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $620,000 +3.3% --
12/15/2023 12/15/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $599,999 -7.7% --
11/21/2023 11/21/23 For Sale $650,000 +168.6% --
11/21/2022 11/21/22 Sold $242,000 +44.9% --
11/08/2022 11/08/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $167,000 -- --
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
2024 $6,002 $161,000 $37,300 $123,700
2023 $6,015 $161,000 $37,300 $123,700
2022 $6,015 $161,000 $37,300 $123,700
2021 $6,012 $161,000 $37,300 $123,700
2020 $6,118 $161,000 $37,300 $123,700
2019 $6,055 $161,000 $37,300 $123,700
2018 $5,946 $161,000 $37,300 $123,700
2017 $5,732 $161,000 $37,300 $123,700
2016 $5,538 $161,000 $37,300 $123,700
2015 $5,327 $161,000 $37,300 $123,700
2014 $4,993 $161,000 $37,300 $123,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SHADI SANKAR

    KELLER WILLIAMS PARK VIEWS

  • M

    Buyer's Agent in 2024

    MATTHEW KNIGHTON

    KELLER WILLIAMS - NJ METRO GROUP

  • Gregory Tavarez

    Seller's Agent in 2022

    Gregory Tavarez

    RE/MAX

    (201) 496-9038

    1 in this area

    12 Total Sales

    Gregory Tavarez
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Map

Source: Garden State MLS

MLS Number: 3875518

Garden State MLS

APN: 14-00811-0000-00015

New Jersey Essex County Newark 07104 Forest Hill

814 Ridge St, Newark, NJ

This home is located at 814 Ridge St, Newark, NJ 07104 and is currently priced at $620,000. This property was built in 1880. 814 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.

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