558 Lotus Road

558 Lotus Road has been categorized by the local assessors in Ridgewood, NJ as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The building has a total of 2 stories. In addition, 558 Lotus Road has 2,676 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 1,540 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 9,278 square feet.

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 is one available parking space. 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, 558 Lotus Road sold most recently in Jul 6, 1994 for a total of $319,900. If you work out the math, that's approximately a cost of $119.54 per sqft. 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 $20,954 in taxes each year. 558 Lotus Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $766,700. If we break it down further, the land itself was valued at $312,200. Improvements to the property, however, were assessed at a total of $454,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.