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571 Ridgewood Avenue

571 Ridgewood Avenue, Glen Ridge, NJ 07028
House in Essex
Sold Sep 09, 2020
$999,999
$799,200 by Citibank Na
Mortgage Due Oct 01, 2050
Sold May 22, 2007
$930,000
$270,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2037
571 Ridgewood Avenue in Glen Ridge, NJ was first built in 1941 and is 83 years old. This has been categorized as a residential property type. There are a total of 2 floors. 571 Ridgewood Avenue has 2,288 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 830 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 11,622 square feet.

Learn more about the property and building on this page. 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. 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, 571 Ridgewood Avenue sold most recently in Sep 2, 2020 for a total of $999,999. If you work out the math, that's approximately a cost of $437.06 per sqft. Before that, the property was also sold for $930,000 in May 17, 2007. 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 $25,445 in taxes each year. 571 Ridgewood Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $772,700. If we break it down further, the land itself was valued at $472,000. Improvements to the property, however, were assessed at a total of $300,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,622
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WECLER COREY
  • Current Owner 2: WECLER MARCIE
  • Previous Owner : WEINSTEIN DIANA H
  • Owner Before Previous Owner: AXE NEIL F
  • Owner Before Previous Owner 2: AXE LISA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Glen Ridge Borough School District
  • Census Tract: 016000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 44
  • District: 08
  • Parcel: 08 00145-0000-00001
  • Block: 145
  • Lot: 1
  • Municipality: GLEN RIDGE TWP
  • Latitude: 40.8266
  • Longitude: -74.1945

    Address

  • Full Address: 571 Ridgewood Ave
  • Address - House Number: 571
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Glen Ridge
  • Carrier Code: C007
  • 4-Digit Zip Code: 1932
  • Zip Code: 07028

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,445

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,166,854
  • High Value: 1,420,437
  • Low Value: 913,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $799,200
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $799,200
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $772,700
  • Market Land Value: $472,000
  • Market Improvement Value: $300,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $772,700
  • Assessed Land Value: $472,000
  • Assessed Improvements Value: $300,700

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11788478258
  • Current Sale Price: $999,999
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020087143
  • Previous Sale Recording Date: May 22, 2007
  • Previous Sale Contract Date: May 17, 2007
  • Previous Sale Amount: $930,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $799,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 22, 2007
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About Glen Ridge



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Frequently Asked Questions

What neighborhood is 571 Ridgewood Avenue located in?
The 571 Ridgewood Avenue is a house located in the neighborhood of Essex in Glen Ridge, Glen Ridge.
What is the average sales price for listings in 571 Ridgewood Avenue?
The average sales price for units in 571 Ridgewood Avenue is $0 currently.

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