NOT LISTED FOR SALE

858 Ridgewood Rd Millburn, NJ 07041

Estimated Value: $1,286,162 - $1,308,000

4 Beds
3 Baths
2,002 Sq Ft
$649/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $999,000 $499 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,494/month

5 Days on Market

About This Home

As of September 2023

This home is located at 858 Ridgewood Rd, Millburn, NJ 07041 since 16 June 2023 and is currently estimated at $1,300,041, approximately $649 per square foot. This property was built in 1934. 858 Ridgewood Rd is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

XIAOXING ZHAO

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 06/16/2023

Last Buyer's Agent

MICHELE FLANNERY-WARDIUS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,511

Year Built

  • Built in 1934

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,511

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Year Built: 1934
  • County Name: Essex
  • Street Number Display: 858
  • I D: 5227742
  • Modified: 2024-09-02
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: IRREG .1692AC
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 24, 2023
Sold by
Chen Jinlin and Chen Yongzhen
Bought by
Joshi Saurabh Chandrakant and Sunkar Arpita S
Seller's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
Buyer's Agent
MICHELE FLANNERY-WARDIUS
WEICHERT REALTORS
List Price
$969,000
Sold Price
$999,000
Premium/Discount to List
$30,000
3.1%
Views
3
Current Estimated Value
$1,300,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,041
Avg. Annual Appreciation
13.59%
Original Mortgage
$800,000
Outstanding Balance
$786,384
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$483,108

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 2, 2015
Sold by
Wong Thik F and Wong Emmie Wong
Bought by
Zhang Yongzhen and Chen Jinlin
Seller's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
Sold Price
$628,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Interest Rate
3.7%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Joshi Saurabh Chandrakant $999,999 Acres Land Title
Zhang Yongzhen $628,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Saurabh Chandrakant $800,000
Previous Owner Chen Jinlin $370,000
Previous Owner Zhang Yongzhen --
Previous Owner Wong Thik F $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $999,000 +3.1% $499 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $969,000 +54.3% $484 / Sq Ft
04/01/2015 04/01/15 Sold $628,000 -- $314 / 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
2024 $15,511 $793,000 $492,900 $300,100
2023 $15,408 $793,000 $492,900 $300,100
2022 $15,408 $793,000 $492,900 $300,100
2021 $15,368 $793,000 $492,900 $300,100
2020 $15,273 $793,000 $492,900 $300,100
2019 $15,305 $793,000 $492,900 $300,100
2018 $15,083 $793,000 $492,900 $300,100
2017 $14,718 $793,000 $492,900 $300,100
2016 $13,904 $645,500 $303,900 $341,600
2015 $13,588 $645,500 $303,900 $341,600
2014 $13,013 $645,500 $303,900 $341,600
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2023

    XIAOXING ZHAO

    COMPASS NEW JERSEY, LLC

  • M

    Buyer's Agent in 2023

    MICHELE FLANNERY-WARDIUS

    WEICHERT REALTORS

  • S

    Seller's Agent in 2015

    SYLVIA WEI LIN

    ELITE REALTORS OF NEW JERSEY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3849753

Garden State MLS

APN: 12-00504-0000-00010

New Jersey Essex County Millburn 07041

858 Ridgewood Rd, Millburn, NJ

This home is located at 858 Ridgewood Rd, Millburn, NJ 07041 since 16 June 2023 and is currently estimated at $1,300,041, approximately $649 per square foot. This property was built in 1934. 858 Ridgewood Rd is a home located in Essex County with nearby schools including South Mountain School, Millburn Middle School, and Millburn High School.

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