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952 Ridgewood Road

952 Ridgewood Road, Millburn, NJ 07041
Property in Essex
Sold Dec 03, 2020
$925,000
$740,000 by Citibank Na
Mortgage Due Dec 01, 2050
Sold Jul 17, 2013
Transfer
952 Ridgewood Road in Millburn, NJ was first built in 1935 and is 89 years old. This has been categorized as a residential property type. There are a total of 2 floors. 952 Ridgewood Road has 2,132 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 640 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 9,666 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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, 952 Ridgewood Road sold most recently in Oct 30, 2020 for a total of $925,000. If you work out the math, that's approximately a cost of $433.86 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 $16,216 in taxes each year. 952 Ridgewood Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $834,600. If we break it down further, the land itself was valued at $519,800. Improvements to the property, however, were assessed at a total of $314,800. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,666
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,132
  • Building Area: 2,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YANG MU CHING
  • Current Owner 2: TU HSIAO YU
  • Previous Owner : MORRISON GRAEME A
  • Previous Owner 2: MORRISON TAMSIN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 12
  • Parcel: 12 00904-0000-00004
  • Block: 904
  • Lot: 4
  • Municipality: MILLBURN TWP
  • Latitude: 40.7202
  • Longitude: -74.3059

    Address

  • Full Address: 952 Ridgewood Rd
  • Address - House Number: 952
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Millburn
  • Carrier Code: C009
  • 4-Digit Zip Code: 1421
  • Zip Code: 07041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,216

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,149,838
  • High Value: 1,401,317
  • Low Value: 898,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $740,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $740,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $834,600
  • Market Land Value: $519,800
  • Market Improvement Value: $314,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $834,600
  • Assessed Land Value: $519,800
  • Assessed Improvements Value: $314,800

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Transaction ID: 11814187749
  • Current Sale Price: $925,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020120213
  • Previous Sale Recording Date: Jul 17, 2013
  • Previous Sale Contract Date: Jul 17, 2013
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 03, 2020
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 952 Ridgewood Road located in?
The 952 Ridgewood Road is a located in the neighborhood of Essex in Essex, Millburn.
What is the average sales price for listings in 952 Ridgewood Road?
The average sales price for units in 952 Ridgewood Road is $0 currently.

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