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Sold for $925,000
  • $925,000

    397 Oak St, Ridgefield, NJ 07657

    5beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $851,200 Zestimate®
    $--/sqft
    $3,918 Estimated rent

    Home value

    $851,200

    $809,000 - $894,000

    $3,918/mo

    Zestimate® history
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    $6,140/mo

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    $6,140/mo

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    What's special

    Work room
    Opportunity, flexibility, and upside all come together in this over/under 2-family with a highly functional layout and strong appeal for both investors and owner-occupants. Each main unit offers the same floor plan with a living room, kitchen, den/dining room, 2 bedrooms, and 1 full bath, creating a practical setup for rental income, multi-generational living, or extended family. Unit 1 offers even more versatility with an additional ground-level living area, bedroom, and kitchen - ideal for expanded living space, guest quarters, or a potential private suite. A 2-car garage adds valuable convenience, while the full unfinished basement with separate keyed entrance includes a work room, storage, utilities, and washer/dryer, offering excellent utility and future potential. In need of some work, this property presents a rare chance to renovate and build equity while tailoring the space to your needs. Whether you're looking to live in one unit and offset expenses with rental income, accommodate extended family, or add a value-add multi-family to your portfolio, this property offers the space, layout, and potential to make it a smart investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Reitz 201-951-1158,

    Christie's International Real Estate Group-Franklin Lakes,

    Jonathan Reitz 201-800-2495,

    Christie's International Real Estate Group-Franklin Lakes

    Bought with:

    Jose Olivero

    Luxe Listings

    Source: NJMLS,MLS#: 26007979MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Laundry: In Basement

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 2
    Details
    • Parcel number: 4903204000000004

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: See Remarks

    Community & neighborhood

    Location
    • Region: Ridgefield

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    6/10/2026Sold$925,000+8.8%
    Source: NJMLS #26007979 Report a problem
    4/29/2026Pending sale$849,990
    Source: NJMLS #26007979 Report a problem
    4/6/2026Listed for sale$849,990
    Source: NJMLS #26007979 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,332 +2.9%$787,000 +2.9%
    2024$12,957 +3%$764,900 +1.8%
    2023$12,576 +0.2%$751,700 +1.5%
    2022$12,551 +6.6%$740,500 +62.8%
    2021$11,773 +4.4%$454,900
    2020$11,282 +38.8%$454,900
    2019$8,130 $454,900
    2018$8,130 -18.1%$454,900
    2017$9,931 +3.4%$454,900
    2016$9,608 +3.3%$454,900
    2015$9,298 +1.3%$454,900
    2014$9,180 -2.5%$454,900
    2013$9,411 $454,900
    2012$9,411 +2%$454,900 -22.5%
    2011$9,224 +3.4%$586,600
    2010$8,919 +5%$586,600
    2009$8,496 $586,600
    2007-- $586,600
    2006-- $586,600
    2005-- $586,600 +142.6%
    2004-- $241,800
    2003-- $241,800
    2002-- $241,800
    2001-- $241,800

    Find assessor info on the county website

    Neighborhood: 07657

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $851,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $851,200