389 Spring Avenue
389 Spring Avenue
Sold 10/25/22
Sold 10/25/22
Description
- Listed by David Ciliento • Modern Realty Group
Property Details for 389 Spring Avenue
Location
Property Details for 389 Spring Avenue
| Status | Sold |
|---|---|
| MLS # | 22021629 |
| Days on Market | 81 |
| Taxes | $24,952 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / 3 Family |
| Year Built | - |
| Lot Size | 0.58 AC / 25,265 SF |
| County | Bergen County |
Location
Building Information for 389 Spring Avenue
Payment Calculator
$7,264 per month
30 year fixed, 7.25% Interest
$5,185
$2,079
$0
Property Information for 389 Spring Avenue
- Area: 0251
- Area name: Ridgewood
- Flood plain: None
- Street Name: Spring
- County Name: BERGEN
- Status: SOLD
- Street Number Numeric: 389
- Zip Code: 07450
- Tax: $24,952
- Ownership: Private
- Lot size: 25265.0
- Lot: 00009
- Year Built: 1900-1939, Renovated
- Views exposure: None
- Lot Description: Irregular
- Miscellaneous: Hdwd As In
- Block: 04008
- Photo: Y
- Photo Number: 38
- Sewer: Municipal
- Utilities: Sep Elec, Sep Gas, Sep Heat
- Heatcool: Gas, Radiators
- Cooling Type: Gas, Radiators
- Bedrooms: 6
- Baths full: 4
- Baths partial: 0
- Floor 1St: 2 Beds, Kitchen, Bath Living/dining
- Floor 2Nd: 2 Beds, EIK, Bath, Living
- Floor 3Rd: 1 Bed, Living Room, Kitchen, Bath
- Basement Description: Unfinished / Storage / Full Bath
- Number of rooms: 13
- Laundry: Basement, Hook Ups
- Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
- Full Baths Total: 4
- Num of Baths: 4.0
- Fireplace: 2 Fireplaces
- Search Class: 2to4
- List Price: $1,299,999.00
- Listing Date: 06-13-2022
- Pending Date: 09-02-2022
- Close Date: 10-25-2022
- Status Date: 10-25-2022
- Sale Price: $950,000
- Internet Remarks: Come and See this rare multifamily investment opportunity in the heart of Ridgewood! Live in one unit and have the other two tenants pay your mortgage or rent out all three and collect income! This rare 3 family property sits on over half an acre and has endless possibilities. The owner currently lives in Unit 1, Unit 2 is vacant & Unit 3 has a tenant. Unit 1 features 2 bedrooms, eat in kitchen, bathroom, large living room, large dining room & family room. The family room can be converted back into a third bedroom. Unit 2 features 3 bedrooms, 1 bathroom, living room/dining room. Unit 3 features one bedroom & one bathroom, kitchen & living room. Property has a large unfinished basement which you can also access from outside. Significant rent increases can be available through renovation on top of high cash on cash yield in place for a family seeking a rental income offset or investor. Close to NYC transit, local shops, schools, and parks. Don't miss this opportunity
- Floor Lease 3Rd: mm
Property History for 389 Spring Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 389 Spring Avenue
Schools near 389 Spring Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Somerville Elementary School PublicK to 5 | ||
George Washington Middle School Public6 to 8 | ||
Ridgewood High School Public9 to 12 | ||
Orchard Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Modern Realty Group, David Ciliento
The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/25/2024 10:35 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.
