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477 North Avenue

477 North Avenue, Wood Ridge, NJ 07075
Property in Bergen
Sold Apr 05, 2021
$475,000
$451,250 by Quicken Loans Llc
Mortgage Due Mar 01, 2051
Sold Dec 06, 2017
$425,000
$403,750 by Weichert Financial Services
Mortgage Due Jan 01, 2047
Local assessors in Wood Ridge, NJ have categorized 477 North Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 5,249 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 500 ft. 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 477 North Avenue has a total of 1,420 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. 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 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, 477 North Avenue sold most recently in Feb 9, 2021 for a total of $475,000. If you work out the math, that's approximately a cost of $334.51 per sqft. Before that, the property was also sold for $425,000 in Nov 27, 2017. 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 $9,483 in taxes each year. 477 North Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $339,300. If we break it down further, the land itself was valued at $196,300. Improvements to the property, however, were assessed at a total of $143,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RESTREPO JULIAN
  • Current Owner 2: MONTALTO STACY
  • Previous Owner : COHEN ALLISON R
  • Previous Owner 2: STEEL JEFFREY R
  • Owner Before Previous Owner: L & L EQUITY INVESTMENTS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wood-Ridge Borough School District
  • Census Tract: 060001

Zoning

  • Zoning: R1

Geography

  • Account Number: 115600-5
  • District: 69
  • Parcel: 69 00275-0000-00015
  • Block: 275
  • Lot: 15
  • Municipality: WOOD RIDGE BORO
  • Latitude: 40.8468
  • Longitude: -74.085

    Address

  • Full Address: 477 North Ave
  • Address - House Number: 477
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wood Ridge
  • Carrier Code: C071
  • 4-Digit Zip Code: 2334
  • Zip Code: 07075

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,483

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 559,506
  • High Value: 663,486
  • Low Value: 455,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,250
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $451,250
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $339,300
  • Market Land Value: $196,300
  • Market Improvement Value: $143,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,300
  • Assessed Land Value: $196,300
  • Assessed Improvements Value: $143,000

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Apr 05, 2021
  • Current Sale Transaction ID: 11833303920
  • Current Sale Price: $475,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021048935
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Contract Date: Nov 27, 2017
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Apr 05, 2021
  • First Mortgage Loan Amount: $451,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Dec 06, 2017
  • Previous Mortgage Loan Amount: $403,750
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Wood-Ridge



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Frequently Asked Questions

What neighborhood is 477 North Avenue located in?
The 477 North Avenue is a located in the neighborhood of Bergen in Wood-Ridge, Wood Ridge.
What is the average sales price for listings in 477 North Avenue?
The average sales price for units in 477 North Avenue is $479,900 currently.

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