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567 Studio Road

567 Studio Road, Ridgefield, NJ 07657
Multifamily in Bergen
Sold Jan 12, 2023
$515,000
$562,500 by Emporium Tpo Llc
Mortgage Due Nov 01, 2053
Local assessors in Ridgefield, NJ have categorized 567 Studio Road as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 4,761 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 400 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 567 Studio Road has a total of 2,027 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, 567 Studio Road sold most recently in Nov 15, 2022 for a total of $515,000. If you work out the math, that's approximately a cost of $254.07 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 $11,172 in taxes each year. The initial year of tax delinquency occurred in 2018. 567 Studio Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $595,000. If we break it down further, the land itself was valued at $317,900. Improvements to the property, however, were assessed at a total of $277,100. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,761
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,027
  • Building Area: 2,027
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,027
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 567 STUDIO RD LLC
  • Previous Owner : MAVRIANOS ANGEL
  • Ownership Rights Codes: unknown
  • 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 01906-0000-00006
  • Block: 1906
  • Lot: 6
  • Municipality: RIDGEFIELD BORO
  • Latitude: 40.8288
  • Longitude: -73.9966

    Address

  • Full Address: 567 Studio Rd
  • Address - House Number: 567
  • Address - Street Name: Studio
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Ridgefield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1934
  • Zip Code: 07657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,172
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 826,772
  • High Value: 980,420
  • Low Value: 673,123

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $562,500
  • First Open Lien Mortgage Lender: EMPORIUM TPO LLC
  • First Open Lien Mortgage Recording Date: Jan 04, 2024
  • First Open Lien Mortgage Loan Amount: $562,500
  • 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, 2053

    Market Valuation

  • Market Total Value: $595,000
  • Market Land Value: $317,900
  • Market Improvement Value: $277,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $595,000
  • Assessed Land Value: $317,900
  • Assessed Improvements Value: $277,100

    Sales

  • Current Sale Contract Date: Nov 15, 2022
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Transaction ID: 11901604874
  • Current Sale Price: $515,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3482

    Last Sale Mortgage

  • First Mortgage Lender: CASTLING GRP LLC
  • First Mortgage Transaction Date: Jan 12, 2023
  • First Mortgage Loan Amount: $555,450
  • First Mortgage Terms: 9
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 23, 2023

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Frequently Asked Questions

What neighborhood is 567 Studio Road located in?
The 567 Studio Road is a multifamily located in the neighborhood of Bergen in Ridgefield, Ridgefield.
What is the average sales price for listings in 567 Studio Road?
The average sales price for units in 567 Studio Road is $0 currently.

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