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507 Ridgewood Avenue

Glen Ridge, NJ 07028·Essex County

Estimated market value

$2,108,775

moderate confidence

range $1,826,503 – $2,251,468

Assessment-implied: $1,823,004; Equalization ratio 0.5825 (2025)
Comp-implied: $2,543,466; 13 comparable sales

Based on 13 comparable sales

Address	Sold	Price
49 Forest Avenue	7/10/2025	$1,975,000
431 Ridgewood Avenue	6/5/2025	$2,905,000
482 Ridgewood Avenue	5/6/2025	$1,605,000
40 Forest Avenue	1/16/2025	$2,500,000
495 Ridgewood Avenue	10/28/2024	$2,450,000
421 Ridgewood Avenue	7/29/2024	$2,500,000
2 Cambridge Road	3/21/2024	$1,455,000
40 Forest Avenue	11/30/2023	$1,056,000
128-130 Linden Avenue	11/14/2023	$515,000
460 Ridgewood Avenue	8/22/2023	$2,000,000
10 Ferncliff Terrace	7/27/2023	$999,999
349 Ridgewood Avenue	6/15/2023	$2,125,000
10 Ferncliff Terrace	6/2/2023	$760,000

Last sale

$1,181,510

5/29/2020

Property

Type

Residential

Tax class

Residential

Year built

1946

Building size

3,996 sq ft

Lot size

0.40 ac

Land description

86X201

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,061,900

Land value

$481,300

Improvement value

$580,600

Last year's tax

$37,251

Sale on tax record

$11,815

Deed date

4/23/2020

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

4/23/2020$1,181,510
Bk 20200 / Pg 51419

Date	Price	Book / Page
4/23/2020	$1,181,510	20200 / 51419

Deeds

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Properties on Ridgewood Avenue

Properties on Block 133

Frequently asked

When was 507 Ridgewood Avenue, Glen Ridge, NJ 07028 last sold?: 507 Ridgewood Avenue, Glen Ridge, NJ 07028 last sold in 2020 for $1,181,510.
What is the assessed value of 507 Ridgewood Avenue, Glen Ridge, NJ 07028?: 507 Ridgewood Avenue, Glen Ridge, NJ 07028 is assessed at $1,061,900 (land plus improvements).
What is 507 Ridgewood Avenue, Glen Ridge, NJ 07028 worth?: Our model estimates 507 Ridgewood Avenue, Glen Ridge, NJ 07028 at $2,108,775, based on comparable recorded sales nearby.
How many units does 507 Ridgewood Avenue, Glen Ridge, NJ 07028 have?: 507 Ridgewood Avenue, Glen Ridge, NJ 07028 has 1 dwelling unit on record.
What kind of property is 507 Ridgewood Avenue, Glen Ridge, NJ 07028?: It is a Residential Property.

Parcel ID0708·block 133·lot 34