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20 Ridgedale Avenue

20 Ridgedale Avenue, Cedar Knolls, NJ 07927
Property in Morris
Sold Nov 16, 2005
Transfer
$320,000 by Premium Capital Funding Llc
Mortgage Due Dec 01, 2034
Local assessors in Cedar Knolls, NJ have categorized 20 Ridgedale Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 25,003 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 20 Ridgedale Avenue has a total of 1,970 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Lots of stucco were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $8,454 in taxes per year. The property on 20 Ridgedale Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $399,900. To break that down further, the land itself was valued at $146,700. While improvements to the property were assessed at a total of $253,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 25,003
  • Total Building Area: 1,970
  • Building Area: 1,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.574
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOBELLO VINCENT JAMES
  • Current Owner 2: MAJELLA MADGE LOBELLO
  • Previous Owner : LO BELLO SR CHARLES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hanover Township School District
  • Census Tract: 042200

Zoning

  • Zoning: R-25

Geography

  • Assessors Map Reference: TAX MAP 12
  • District: 12
  • Parcel: 12 01204-0000-00015
  • Block: 1204
  • Lot: 15
  • Municipality: HANOVER TWP
  • Latitude: 40.8277
  • Longitude: -74.4474

    Address

  • Full Address: 20 Ridgedale Ave
  • Address - House Number: 20
  • Address - Street Name: Ridgedale
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cedar Knolls
  • Carrier Code: C002
  • 4-Digit Zip Code: 1310
  • Zip Code: 07927

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,454

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 686,221
  • High Value: 793,415
  • Low Value: 579,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: PREMIUM CAPITAL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Nov 16, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2034

    Market Valuation

  • Market Total Value: $526,323
  • Market Land Value: $193,077
  • Market Improvement Value: $333,246

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,900
  • Assessed Land Value: $146,700
  • Assessed Improvements Value: $253,200

    Sales

  • Current Sale Contract Date: Nov 18, 2004
  • Current Sale Recording Date: Nov 16, 2005
  • Current Sale Transaction ID: 1192473326
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIUM CAPITAL FUNDING LLC
  • First Mortgage Transaction Date: Nov 16, 2005
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Morris



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Frequently Asked Questions

What neighborhood is 20 Ridgedale Avenue located in?
The 20 Ridgedale Avenue is a located in the neighborhood of Morris in Morris, Cedar Knolls.
What is the average sales price for listings in 20 Ridgedale Avenue?
The average sales price for units in 20 Ridgedale Avenue is $0 currently.

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