See Home Value
Burlington 08016
56 RIDGEWOOD WAY
$427,000
● House - Off Market

56 RIDGEWOOD WAY

BURLINGTON, NJ 08016
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,561 Ft²
$2,706
Est. Monthly
5.09%
Cap Rate

About This Property

HUGE OPPORTUNITY! BEST VALUE IN BURLINGTON TOWNSHIP! Lovingly maintained, this Chadwell model on an oversized corner lot (one of the largest in the neighborhood!) in the Bridle Club offers 2 spacious bedrooms plus a large loft that could easily be converted into a third bedroom or used as a home office.  The main floor offers a formal living room, formal dining room and family room all with beautiful hardwood flooring. Additionally, the family room offers a wood burning fireplace and vaulted ceiling with skylights and a ceiling fan. The eat-in kitchen offers a newer stainless-steel refrigerator and 5 burner gas range. The primary suite boasts not one, but two large walk-in closets and a private bathroom with stall shower. The full bathroom has also been updated with NEW flooring and vanity.  All of the windows have been replaced throughout the home. New HVAC in 2018 and NEW water heater 2018. There are also newer garage doors and openers. The shed is just two years old and the paver patio is approximately 5 years old.  Close to main roads, schools and shopping-this home is a true winner!
Unit Size
1,561 Ft²
Days on Market
118 days
Land Size
0.23 acres
Price per sqft
$279
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1990

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Last updated: 2 years ago (Bright MLS #NJBL2087770)

Price History

Date / Event Date Event Price
Sep 18, 2025 Sold
Sold
Aug 13, 2025 In contract -
In contract
Jul 21, 2025 Price Decreased $435,000
↓ $5K (1.1%)
Price Decreased
Jul 5, 2025 Price Decreased $440,000
↓ $10K (2.2%)
Price Decreased
May 23, 2025 Listed by Coldwell Banker Realty $450,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,871
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,561
  • Building Area: 1,561
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,561
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: BRIDLE CLUB ASSMT CHG 2012

Neighborhood

  • School District Name: Burlington Township School District
  • Census Tract: 701102

Zoning

  • Zoning: R-20

Geography

  • District: 06
  • Parcel: 06 00131- 18-00001
  • Block: 131.18
  • Lot: 1
  • Municipality: BURLINGTON TWP
  • Latitude: 40.0546
  • Longitude: -74.8149

    Address

  • Full Address: 56 Ridgewood Way
  • Address - House Number: 56
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Burlington
  • Carrier Code: R019
  • 4-Digit Zip Code: 4267
  • Zip Code: 08016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $671,232

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 75
  • Final Value: 379,708
  • High Value: 450,948
  • Low Value: 308,468

    Market Valuation

  • Market Total Value: $225,700
  • Market Land Value: $64,100
  • Market Improvement Value: $161,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,700
  • Assessed Land Value: $64,100
  • Assessed Improvements Value: $161,600

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2004
  • Current Sale Recording Date: May 14, 2004
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 24, 1997
  • Previous Sale Contract Date: Nov 06, 1997
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


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Frequently Asked Questions

When was property at 56 Ridgewood Way built and last sold?
The property at 56 Ridgewood Way was built in 1990 and last sold on Apr 27, 2004 for $244,900.
How much is this home worth?
The estimated value of the home located at 56 Ridgewood Way is $0.
What are some comparable homes to 56 Ridgewood Way?
There are currently no comparable homes to 56 Ridgewood Way.