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487 Martling Place

487 Martling Place, Ridgefield, NJ 07657
Multifamily in Bergen
487 Martling Place has been categorized by the local assessors in Ridgefield, NJ as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The building has a total of 2 stories. In addition, 487 Martling Place has 4,170 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 1,170 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,606 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 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 brick control joints. The exterior walls of the building are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 487 Martling Place was last sold in Oct 25, 2021 for $1,300,000. According to our calculations, that's $311.75 per sqft. Prior to that sales transaction, the property was sold for $565,000 in Aug 6, 2001. Current property owners are expected to pay $22,343 in taxes per year. The property on 487 Martling Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,290,500. To break that down further, the land itself was valued at $332,800. While improvements to the property were assessed at a total of $957,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210723
07/23/2021
7 Bed
7 Bath
-
$1,350,000
bedrooms
7 Bed
bathrooms
7 Bath
$1,300,000 -3.70%
11/19/2021
Mun Hong Lee
Cosmo Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,606
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 650
  • Total Building Area: 4,170
  • Building Area: 4,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L5,6

Ownership

  • Current Owner : SONG CHUN SUK
  • Previous Owner : KIM BILL CIN
  • Previous Owner 2: KIM MEE YUNG
  • Owner Before Previous Owner: RADOVCICH YOLANDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgefield Borough School District
  • Census Tract: 045102

Zoning

  • Zoning: B

Geography

  • District: 49
  • Parcel: 49 03102-0000-00002
  • Block: 3102
  • Lot: 2
  • Municipality: RIDGEFIELD BORO
  • Latitude: 40.825
  • Longitude: -73.9987

    Address

  • Full Address: 487 Martling Pl
  • Address - House Number: 487
  • Address - Street Name: Martling
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Ridgefield
  • Carrier Code: C010
  • 4-Digit Zip Code: 2770
  • Zip Code: 07657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,343

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,538,816
  • High Value: 1,820,820
  • Low Value: 1,256,812

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $1,290,500
  • Market Land Value: $332,800
  • Market Improvement Value: $957,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,290,500
  • Assessed Land Value: $332,800
  • Assessed Improvements Value: $957,700

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11873217351
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021172482
  • Previous Sale Recording Date: Sep 07, 2001
  • Previous Sale Contract Date: Aug 06, 2001
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MORTGAGE FUNDING
  • Previous Mortgage Transaction Date: Sep 07, 2001
  • Previous Mortgage Loan Amount: $170,000

About Ridgefield



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Frequently Asked Questions

What neighborhood is 487 Martling Place located in?
The 487 Martling Place is a multifamily located in the neighborhood of Bergen in Ridgefield, Ridgefield.
What is the average sales price for listings in 487 Martling Place?
The average sales price for units in 487 Martling Place is $1,350,000 currently.

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