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38 Ridgedale Avenue

38 Ridgedale Avenue, Morristown, NJ 07960
Property in Morris
This has been categorized as a commercial property type. The linear feet across the front of the lot is 4,100 ft and the linear feet between the front and back of the lot is 2,520. In total, the area measurement of the land is 103,320 square feet.

Learn more about the property and building on this page. The property was last sold in Jun 30, 1998 for $9,000,000. 38 Ridgedale Avenue was last assessed in 2023. The total value of the property was assessed at $8,000,000. Specifically, the land the property is located on was valued at $2,500,000. While improvements on the property were assessed at a total of $5,500,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $240,880. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 103,320
  • Lot Size Depth Feet: 2,520
  • Lot Size Frontage Feet: 4,100
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.372
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : CRESTMONT MB REALTY LP
  • Previous Owner : KT REALTY LLC
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043700

Zoning

  • Zoning: RT

Geography

  • District: 24
  • Parcel: 24 01901-0000-00012
  • Block: 1901
  • Lot: 12
  • Municipality: MORRISTOWN TOWN
  • Latitude: 40.7978
  • Longitude: -74.471

    Address

  • Full Address: 38 Ridgedale Ave
  • Address - House Number: 38
  • Address - Street Name: Ridgedale
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Morristown
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,880

    Market Valuation

  • Market Total Value: $10,235,414
  • Market Land Value: $3,198,567
  • Market Improvement Value: $7,036,847

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000,000
  • Assessed Land Value: $2,500,000
  • Assessed Improvements Value: $5,500,000

    Sales

  • Current Sale Contract Date: Jun 30, 1998
  • Current Sale Recording Date: Jul 02, 1998
  • Current Sale Transaction ID: 1192434377
  • Current Sale Price: $9,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 065497

    Last Sale Mortgage

  • First Mortgage Lender: MERCEDES BENZ CREDIT CORP
  • First Mortgage Transaction Date: Jul 02, 1998
  • First Mortgage Loan Amount: $9,000,000
  • First Mortgage Loan Type: Commercial

About Morristown



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Frequently Asked Questions

What neighborhood is 38 Ridgedale Avenue located in?
The 38 Ridgedale Avenue is a located in the neighborhood of Morris in Morristown, Morristown.
What is the average sales price for listings in 38 Ridgedale Avenue?
The average sales price for units in 38 Ridgedale Avenue is $0 currently.

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