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235 Lincoln Avenue

235 Lincoln Avenue, Ridgewood, NJ 07450
Property in Bergen
Sold Jun 29, 2005
$1,180,000
$875,000 by World Sav Bk
Mortgage Due Jun 29, 2035
Sold May 31, 2002
$580,000
$450,000 by Cendant Mortgage Corp
Mortgage
235 Lincoln Avenue 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 1923 and is 101 years old. The building has a total of 2 stories. In addition, 235 Lincoln Avenue has 3,991 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 1,750 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 18,731 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 are a total of 2 available parking spaces. 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, 235 Lincoln Avenue sold most recently in May 25, 2005 for a total of $1,180,000. If you work out the math, that's approximately a cost of $295.67 per sqft. Before that, the property was also sold for $580,000 in May 14, 2002. 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 $27,948 in taxes each year. The initial year of tax delinquency occurred in 2020. 235 Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,022,600. If we break it down further, the land itself was valued at $387,600. Improvements to the property, however, were assessed at a total of $635,000. 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: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,991
  • Building Area: 3,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,991
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE KYUNG YONG
  • Current Owner 2: LEE SUK RO CHO
  • Previous Owner : CANNEY JOSEPH
  • Owner Before Previous Owner: LYTLE E KENT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • District: 51
  • Parcel: 51 02311-0000-00025
  • Block: 2311
  • Lot: 25
  • Municipality: RIDGEWOOD VILLAGE
  • Latitude: 40.9752
  • Longitude: -74.1329

    Address

  • Full Address: 235 Lincoln Ave
  • Address - House Number: 235
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ridgewood
  • Carrier Code: C002
  • 4-Digit Zip Code: 4918
  • Zip Code: 07450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,948
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,631,836
  • High Value: 1,949,283
  • Low Value: 1,314,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $875,000
  • First Open Lien Mortgage Lender: WORLD SAV BK
  • First Open Lien Mortgage Recording Date: Jun 29, 2005
  • First Open Lien Mortgage Loan Amount: $875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 29, 2035

    Market Valuation

  • Market Total Value: $1,022,600
  • Market Land Value: $387,600
  • Market Improvement Value: $635,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,022,600
  • Assessed Land Value: $387,600
  • Assessed Improvements Value: $635,000

    Sales

  • Current Sale Contract Date: May 25, 2005
  • Current Sale Recording Date: Jun 29, 2005
  • Current Sale Transaction ID: 11471978310
  • Current Sale Price: $1,180,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 31, 2002
  • Previous Sale Contract Date: May 14, 2002
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SAV BK
  • First Mortgage Transaction Date: Jun 29, 2005
  • First Mortgage Loan Amount: $875,000

    Previous Mortgages

  • Previous Mortgage Lender: CENDANT MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 31, 2002
  • Previous Mortgage Loan Amount: $450,000

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Frequently Asked Questions

What neighborhood is 235 Lincoln Avenue located in?
The 235 Lincoln Avenue is a located in the neighborhood of Bergen in Ridgewood, Ridgewood.
What is the average sales price for listings in 235 Lincoln Avenue?
The average sales price for units in 235 Lincoln Avenue is $0 currently.

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