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389 Ridgewood Avenue

Glen Ridge, NJ 07028·Essex County

Estimated market value

$2,855,583

moderate confidence

range $2,325,574 – $3,067,637

Assessment-implied: $2,549,013; Equalization ratio 0.5825 (2025)
Comp-implied: $3,465,123; 8 comparable sales

Based on 8 comparable sales

Address	Sold	Price
431 Ridgewood Avenue	6/5/2025	$2,905,000
78 Douglas Road	7/16/2024	$2,010,000
25 Hillcrest Road	2/13/2024	$3,000,000
332 Ridgewood Avenue	1/3/2024	$1,725,000
460 Ridgewood Avenue	8/22/2023	$2,000,000
349 Ridgewood Avenue	6/15/2023	$2,125,000
38 Douglas Road	6/5/2023	$1,516,000
353 Ridgewood Avenue	5/22/2023	$2,125,000

Last sale

$1,870,389

9/9/2020

Property

Type

Residential

Tax class

Residential

Year built

1908

Building size

5,444 sq ft

Lot size

0.58 ac

Land description

118X215

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,484,800

Land value

$500,100

Improvement value

$984,700

Last year's tax

$52,087

Sale on tax record

$18,704

Deed date

8/25/2020

Zoning

R1· Residential

Typically allows single-family and multi-family homes.

Flood risk

FEMA flood zone X· AREA OF MINIMAL FLOOD HAZARD

Outside the 1% annual chance flood area.

Special Flood Hazard Area: No

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Sales history

8/25/2020$1,870,389
Bk 20200 / Pg 86923
2/5/2013$1,500,000
Bk 12418 / Pg 916
3/24/2009$970,000
Bk 12185 / Pg 3138

Date	Price	Book / Page
8/25/2020	$1,870,389	20200 / 86923
2/5/2013	$1,500,000	12418 / 916
3/24/2009	$970,000	12185 / 3138

Deeds

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Properties on Ridgewood Avenue

Properties on Block 101

Frequently asked

When was 389 Ridgewood Avenue, Glen Ridge, NJ 07028 last sold?: 389 Ridgewood Avenue, Glen Ridge, NJ 07028 last sold in 2020 for $1,870,389.
What is the assessed value of 389 Ridgewood Avenue, Glen Ridge, NJ 07028?: 389 Ridgewood Avenue, Glen Ridge, NJ 07028 is assessed at $1,484,800 (land plus improvements).
What is 389 Ridgewood Avenue, Glen Ridge, NJ 07028 worth?: Our model estimates 389 Ridgewood Avenue, Glen Ridge, NJ 07028 at $2,855,583, based on comparable recorded sales nearby.
How many units does 389 Ridgewood Avenue, Glen Ridge, NJ 07028 have?: 389 Ridgewood Avenue, Glen Ridge, NJ 07028 has 1 dwelling unit on record.
What kind of property is 389 Ridgewood Avenue, Glen Ridge, NJ 07028?: It is a Residential Property.

Parcel ID0708·block 101·lot 9