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131 Cottage Place

131 Cottage Place, Ridgewood, NJ 07450
Property in Bergen
Sold Oct 03, 1994
$360,000
131 Cottage Place has been categorized by the local assessors in Ridgewood, NJ as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The building has a total of 2 stories. In addition, 131 Cottage Place has 3,199 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,640 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,638 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 131 Cottage Place sold most recently in Sep 28, 1994 for a total of $360,000. If you work out the math, that's approximately a cost of $112.54 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,023 in taxes each year. 131 Cottage Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $805,800. If we break it down further, the land itself was valued at $330,100. Improvements to the property, however, were assessed at a total of $475,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,638
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,199
  • Building Area: 3,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.359
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DIAMOND LEONARD
  • Current Owner 2: HECHT KATHY
  • Previous Owner : BILDER GEORGE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgewood Village School District
  • Census Tract: 047400

Zoning

  • Zoning: R1

Geography

  • District: 51
  • Parcel: 51 02012-0000-00014
  • Block: 2012
  • Lot: 14
  • Municipality: RIDGEWOOD VILLAGE
  • Latitude: 40.9822
  • Longitude: -74.1137

    Address

  • Full Address: 131 Cottage Pl
  • Address - House Number: 131
  • Address - Street Name: Cottage
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Ridgewood
  • Carrier Code: C004
  • 4-Digit Zip Code: 3213
  • Zip Code: 07450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,023

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,347,710
  • High Value: 1,598,170
  • Low Value: 1,097,250

    Market Valuation

  • Market Total Value: $805,800
  • Market Land Value: $330,100
  • Market Improvement Value: $475,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $805,800
  • Assessed Land Value: $330,100
  • Assessed Improvements Value: $475,700

    Sales

  • Current Sale Contract Date: Sep 28, 1994
  • Current Sale Recording Date: Oct 03, 1994
  • Current Sale Transaction ID: 11471965449
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELYSE HECHT
  • First Mortgage Transaction Date: Oct 03, 1994
  • First Mortgage Loan Amount: $260,000

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Frequently Asked Questions

What neighborhood is 131 Cottage Place located in?
The 131 Cottage Place is a located in the neighborhood of Bergen in Ridgewood, Ridgewood.
What is the average sales price for listings in 131 Cottage Place?
The average sales price for units in 131 Cottage Place is $0 currently.

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