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626 Abbott Avenue

626 Abbott Avenue, Ridgefield, NJ 07657
Property in Bergen
Sold Jul 15, 2011
$350,000
$318,150 by First Residential Mortgage Svc
Mortgage Due Aug 01, 2041
626 Abbott Avenue has been categorized by the local assessors in Ridgefield, NJ as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The building has a total of 2 stories. In addition, 626 Abbott Avenue has 1,578 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 1,100 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,502 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. 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, 626 Abbott Avenue sold most recently in Jul 11, 2011 for a total of $350,000. If you work out the math, that's approximately a cost of $221.80 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 $8,573 in taxes each year. 626 Abbott Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $515,900. If we break it down further, the land itself was valued at $324,500. Improvements to the property, however, were assessed at a total of $191,400. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AQIL GALIB M
  • Current Owner 2: ALOMAR QASEM M
  • Previous Owner : MALNIG LAURA
  • Previous Owner 2: MALNIG JULIE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgefield Borough School District
  • Census Tract: 045102

Zoning

  • Zoning: A

Geography

  • District: 49
  • Parcel: 49 01503-0000-00008
  • Block: 1503
  • Lot: 8
  • Municipality: RIDGEFIELD BORO
  • Latitude: 40.8351
  • Longitude: -74.0029

    Address

  • Full Address: 626 Abbott Ave
  • Address - House Number: 626
  • Address - Street Name: Abbott
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ridgefield
  • Zip Code: 07657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,573

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 659,010
  • High Value: 781,481
  • Low Value: 536,538

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $623,150
  • First Open Lien Mortgage Lender: FIRST RESIDENTIAL MORTGAGE SVC
  • First Open Lien Mortgage Recording Date: Jul 15, 2011
  • First Open Lien Mortgage Loan Amount: $318,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041
  • Second Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • Second Open Lien Mortgage Recording Date: Jun 21, 2021
  • Second Open Lien Mortgage Loan Amount: $305,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $515,900
  • Market Land Value: $324,500
  • Market Improvement Value: $191,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,900
  • Assessed Land Value: $324,500
  • Assessed Improvements Value: $191,400

    Sales

  • Current Sale Contract Date: Jul 11, 2011
  • Current Sale Recording Date: Jul 15, 2011
  • Current Sale Transaction ID: 11471933676
  • Current Sale Price: $350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 007920945

    Last Sale Mortgage

  • First Mortgage Lender: FIRST RESIDENTIAL MORTGAGE SVC
  • First Mortgage Transaction Date: Jul 22, 2011
  • First Mortgage Loan Amount: $318,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2041

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Frequently Asked Questions

What neighborhood is 626 Abbott Avenue located in?
The 626 Abbott Avenue is a located in the neighborhood of Bergen in Ridgefield, Ridgefield.
What is the average sales price for listings in 626 Abbott Avenue?
The average sales price for units in 626 Abbott Avenue is $0 currently.

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