109 Ridge Drive

109 Ridge Drive in Montville, NJ was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 109 Ridge Drive has 2,525 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 109 Ridge Drive sold most recently in Nov 15, 2019 for a total of $530,000. If you work out the math, that's approximately a cost of $209.90 per sqft. Before that, the property was also sold for $549,000 in Jun 28, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,868 in taxes each year. 109 Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $454,200. If we break it down further, the land itself was valued at $140,000. Improvements to the property, however, were assessed at a total of $314,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.