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224 Ridge Street

224 Ridge Street, New Milford, NJ 07646
Property in Bergen
Sold Aug 02, 2022
$1,340,000
$940,000 by Citibank, Na
Mortgage Due Aug 01, 2052
Sold Aug 07, 2020
$845,000
$676,000 by Atlantic Home Loans Inc
Mortgage Due Jul 01, 2050
224 Ridge Street has been categorized by the local assessors in New Milford, NJ as a residential type of property. The building on the property was first built in 1941 and is 83 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 224 Ridge Street has 3,260 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 1,990 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 11,940 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

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. The exterior walls of the building are made of alum/vinyl siding. The property was last sold in Jul 11, 2022 for $1,340,000. That's $411.04 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2020 for $845,000. 224 Ridge Street was last assessed in 2023. The total value of the property was assessed at $690,900. Specifically, the land the property is located on was valued at $173,500. While improvements on the property were assessed at a total of $517,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $23,291. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,940
  • Lot Size Depth Feet: 1,990
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,260
  • Building Area: 3,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KAYE AVRAHAM
  • Current Owner 2: KAYE RACHEL
  • Previous Owner : MARC ROTHENBERG DAVID
  • Previous Owner 2: MARC MATYA
  • Owner Before Previous Owner: TACCO RIDGE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: New Milford Borough School District
  • Census Tract: 037203

Zoning

  • Zoning: A

Geography

  • District: 38
  • Parcel: 38 00311-0000-00013
  • Block: 311
  • Lot: 13
  • Municipality: NEW MILFORD BORO
  • Latitude: 40.9211
  • Longitude: -74.0241

    Address

  • Full Address: 224 Ridge St
  • Address - House Number: 224
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: NJ
  • City Name: New Milford
  • Carrier Code: C005
  • 4-Digit Zip Code: 2303
  • Zip Code: 07646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,291

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,260,498
  • High Value: 1,507,893
  • Low Value: 1,013,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $940,000
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $940,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $690,900
  • Market Land Value: $173,500
  • Market Improvement Value: $517,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $690,900
  • Assessed Land Value: $173,500
  • Assessed Improvements Value: $517,400

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11894751635
  • Current Sale Price: $1,340,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 76696
  • Previous Sale Recording Date: Aug 07, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $845,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $940,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 07, 2020
  • Previous Mortgage Loan Amount: $676,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About New Milford



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Frequently Asked Questions

What neighborhood is 224 Ridge Street located in?
The 224 Ridge Street is a located in the neighborhood of Bergen in New Milford, New Milford.
What is the average sales price for listings in 224 Ridge Street?
The average sales price for units in 224 Ridge Street is $0 currently.

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