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157 Melrose Pl

Ridgewood Village, NJ 07450

5 bd 5 ba 3,666 sqft Built 1900 Lot 13,939 sqft single_family
Most recent sale
$1,449,000
Sep 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2026 Listed $1,799,000 NewJerseyMLS
Apr 30, 2024 Sold $1,900,000 GardenState
Mar 28, 2024 Listing removed NewJerseyMLS
Mar 19, 2024 Listed $1,599,000 GardenState
Sep 24, 2021 Sold $1,449,000 GardenState
Aug 17, 2021 Listing removed NewJerseyMLS
Jul 7, 2021 Price changed $1,449,000 NewJerseyMLS
Jun 3, 2021 Listed $1,499,000 NewJerseyMLS
Jun 26, 2006 Sold $1,050,000 Public Record
Jun 18, 1969 Sold $37,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $534,300 $441,500 $975,800 $28,200
2024 $534,300 $441,500 $975,800 $27,995
2023 $534,300 $441,500 $975,800 $27,361
2022 $534,300 $441,500 $975,800 $26,668
2021 $534,300 $441,500 $975,800 $26,424
2020 $634,300 $441,500 $1,075,800 $28,368
2019 $634,300 $441,500 $1,075,800 $27,938
2018 $634,300 $441,500 $1,075,800 $27,594
2017 $634,300 $441,500 $1,075,800 $27,303
2016 $634,300 $441,500 $1,075,800 $26,636
2015 $634,300 $441,500 $1,075,800 $26,174
2014 $634,300 $441,500 $1,075,800 $25,657
2013 $634,300 $441,500 $1,075,800 $25,345
2012 $745,000 $551,900 $1,296,900 $26,184
2010 $745,000 $551,900 $1,296,900 $24,472
2009 $745,000 $551,900 $1,296,900 $23,240
2008 $745,000 $551,900 $1,296,900 $22,345
2007 $283,700 $339,800 $623,500 $17,458

Property facts

Year built
1900
Property type
single_family
Stories
Beds
5
Baths
5
Living area
3,666 sqft
Lot size
13,939 sqft
ZIP code
07450
City
Ridgewood Village
Street
Melrose Pl
Coordinates
40.97849, -74.13183

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,499
Gross rental yield
4.55%
Implied cap rate
2.96%
Trend-extrapolated value

Frequently asked questions

When did 157 Melrose Pl last sell?
157 Melrose Pl most recently sold on Sep 24, 2021 for $1,449,000.
What is the current tax assessment for 157 Melrose Pl?
The most recent total assessment for 157 Melrose Pl (year 2025) is $975,800 with $28,200 in property tax.
How does 157 Melrose Pl's assessment compare to its last sale price?
The current assessment is 32.7% below the last sale price of $1,449,000.
When was 157 Melrose Pl built?
157 Melrose Pl was built in 1900.
How does 157 Melrose Pl compare to others on Melrose Pl?
We track 1 other property on Melrose Pl. Browse the list under "Other properties on Melrose Pl" to compare beds, baths, and sale history.
What are the property facts for 157 Melrose Pl?
157 Melrose Pl is a 5 bed, 5 bath, 3,666 sqft, 13,939 sqft lot single_family.
Is 157 Melrose Pl a flip candidate?
No — 157 Melrose Pl does not appear in our flips dataset.
Is 157 Melrose Pl a tax-appeal candidate?
No — 157 Melrose Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q2
$1.51M
2026 Q3
$1.52M
ZIP 07450 — Median Price History + Forecast

Explore nearby

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