See Home Value
River Edge 07661
247 Webb Avenue
$1,502,736*
House - Off Market

247 Webb Avenue

River Edge, NJ 07661
bedrooms
6 Beds
bathrooms
6 Baths, 2 Half Baths
$1,260,000 - $1,538,000
Reference Base Price*
7.34%
Since Nov 1, 2022
NY-New York
Primary Model
Sold Jan 18, 2023
$1,405,000
$1,124,000 by Citibank Na
Mortgage Due Jan 01, 2053
Sold Mar 11, 2022
$520,000
$859,000 by Accolend Llc
Mortgage Due Apr 01, 2023

About This Property

A home to call your own in luxurious River Edge! This sprawling 4600 sq ft new construction 6-BR home is the perfect choice for anyone looking to live in the heart of River Edge. The large LR will provide the formal room for your guests. The DR can host the entire family around the table. The gourmet kitchen features stainless steel appliances, large island & wet bar. The 1st FL also has an in-law suite, that can be used as an office suite, and mud room that will keep you from juggling dirty clothes all over your house! On the 2nd FL, enjoy 2 BRs  with a hallway full bath  design that provides . The primary Br complete with two walk-in closets. The luxurious primary Bath complete with soaking tub is great for relaxing the spa like feel continues in the standing shower. The 2nd FL also encompasses  two junior suites ! This home has extensive carpentry throughout, including custom built-in shelves throughout the house!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,073
HOA Dues
-
Year Built
1947

Price History

Date / Event Date Event Price
Oct 10, 2022 No longer available -
No longer available
Aug 25, 2022 Listed $1,399,999
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,252
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PRASAD JAGANATHAN NARENDRA
  • Current Owner 2: SWEDGA SELVAMUTHIAH SWEDGA
  • Previous Owner : NJ NORTH PROPERTY LLC
  • Owner Before Previous Owner: BASIL ROBERT J
  • Owner Before Previous Owner 2: BASIL SHARON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: River Dell Regional School District
  • Census Tract: 048200

Zoning

  • Zoning: R1

Geography

  • Account Number: 008660
  • District: 52
  • Parcel: 52 00305-0000-00048
  • Block: 305
  • Lot: 48
  • Municipality: RIVEREDGE BORO
  • Latitude: 40.9363
  • Longitude: -74.0389

    Address

  • Full Address: 247 Webb Ave
  • Address - House Number: 247
  • Address - Street Name: Webb
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: River Edge
  • Carrier Code: C010
  • 4-Digit Zip Code: 1454
  • Zip Code: 07661

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,117

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 677,889
  • High Value: 803,869
  • Low Value: 551,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,124,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jan 18, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,124,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $354,500
  • Market Land Value: $219,200
  • Market Improvement Value: $135,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,500
  • Assessed Land Value: $219,200
  • Assessed Improvements Value: $135,300

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Transaction ID: 11901810069
  • Current Sale Price: $1,405,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 4774
  • Previous Sale Recording Date: Mar 11, 2022
  • Previous Sale Contract Date: Mar 04, 2022
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jan 18, 2023
  • First Mortgage Loan Amount: $1,124,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ACCOLEND LLC
  • Previous Mortgage Transaction Date: Mar 11, 2022
  • Previous Mortgage Loan Amount: $859,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
-
$1,177,000 May 23, 2023
$1,177,000 May 23, 2023
$2,158/mo
House
4 Beds
4 Baths
-
$1,285,000 Apr 5, 2022
$1,285,000 Jul 9, 2022
-
In Contract
House
5 Beds
6 Baths
-
$1,279,000 Jul 18, 2023
-
-
House
5 Beds
6 Baths
-
$1,149,000 Aug 19, 2023
-
-

About River Edge


Similar Homes for Sale

Unit for sale at 327 Webb Avenue, River Edge, NJ 07661

$1,149,000

  • 5 Beds
  • 6 Baths
327 Webb Avenue, River Edge, NJ 07661 Listing by Michael D. Dunn

Nearby Rentals

Unit for rent at

$9,500 /mo

  • 4 Beds
  • 4 Baths
  • 2,200 ft²


Frequently Asked Questions

When was property at 247 Webb Avenue built and last sold?
The property at 247 Webb Avenue was built in 1947 and last sold on Dec 21, 2022 for $1,405,000.
How much is this home worth?
The estimated value of the home located at 247 Webb Avenue is $1,413,999.
What are some comparable homes to 247 Webb Avenue?
Homes that are comparable to 247 Webb Avenue include a house property at 327 Webb Avenue, 42 Lincoln Avenue, 263 Woodland Avenue.

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