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505 Van Buren Street

505 Van Buren Street, Ridgewood, NJ 07450
Property in Bergen
Sold Jul 24, 2020
$650,000
Sold Mar 09, 1994
$258,000
$203,000 by Clifton Savings
Mortgage
505 Van Buren Street in Ridgewood, NJ was first built in 1964 and is 60 years old. This has been categorized as a residential property type. There are a total of 2 floors. 505 Van Buren Street has 1,812 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 970 ft and the linear feet between the front and back of the lot is 910. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 505 Van Buren Street was last sold in Mar 30, 2020 for $650,000. According to our calculations, that's $358.72 per sqft. Prior to that sales transaction, the property was sold for $258,000 in Feb 25, 1994. Current property owners are expected to pay $14,031 in taxes per year. The property on 505 Van Buren Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $513,400. To break that down further, the land itself was valued at $322,500. While improvements to the property were assessed at a total of $190,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZHANG XIAOYU
  • Previous Owner : HO LIEN FANG
  • Previous Owner 2: HU CHAURGUEY
  • Owner Before Previous Owner: VOLPE SAMUEL
  • Owner Before Previous Owner 2: VOLPE MARY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgewood Village School District
  • Census Tract: 047100

Zoning

  • Zoning: R2

Geography

  • District: 51
  • Parcel: 51 03105-0000-00001
  • Block: 3105
  • Lot: 1
  • Municipality: RIDGEWOOD VILLAGE
  • Latitude: 40.9917
  • Longitude: -74.1068

    Address

  • Full Address: 505 Van Buren St
  • Address - House Number: 505
  • Address - Street Name: Van Buren
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Ridgewood
  • Carrier Code: C028
  • 4-Digit Zip Code: 1744
  • Zip Code: 07450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,031

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 862,862
  • High Value: 1,031,638
  • Low Value: 694,085

    Market Valuation

  • Market Total Value: $513,400
  • Market Land Value: $322,500
  • Market Improvement Value: $190,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,400
  • Assessed Land Value: $322,500
  • Assessed Improvements Value: $190,900

    Sales

  • Current Sale Contract Date: Mar 30, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11807280391
  • Current Sale Price: $650,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20-068158
  • Previous Sale Recording Date: Mar 09, 1994
  • Previous Sale Contract Date: Feb 25, 1994
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIEN FANG HO ETAL
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 31
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Mar 31, 2023

    Previous Mortgages

  • Previous Mortgage Lender: CLIFTON SAVINGS
  • Previous Mortgage Transaction Date: Mar 09, 1994
  • Previous Mortgage Loan Amount: $203,000

About Ridgewood



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Frequently Asked Questions

What neighborhood is 505 Van Buren Street located in?
The 505 Van Buren Street is a located in the neighborhood of Bergen in Ridgewood, Ridgewood.
What is the average sales price for listings in 505 Van Buren Street?
The average sales price for units in 505 Van Buren Street is $0 currently.

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