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Apartments (Generic)Residential
$498,527
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jun 25, 2026
Last sold for $525,000 on Nov 30, 2005

241 RIDGE ST

NEWARK, NJ 07104
0
Baths
1,159 ft²
Lot SizeThe size of the land the home sits on, from county records.
1
StoriesHow many floors the home has above ground.

Valuation

$499K
$414K low$583K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$525,000 · Nov 30, 2005
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$38,527
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$30,822
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.92%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$326,400
ARK MORTGAGE INC · recorded Jul 1, 2005
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$81,600
ARK MORTGAGE INC
3rd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$52,000

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,124 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$28,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$22,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$5,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$28,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$28,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.03
ConstructionThe main material the home's frame and walls are built from.Concrete Blocks
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Branch Brook Elementary School
Elementary · Grades PK–4 · 0.1 mi
H
Technology High SchoolA
High · Grades 9–12 · 0.4 mi
M
Rafael Hernandez Elementary SchoolC-
Middle · Grades PK–8 · 0.5 mi

District: Newark City School District

Neighborhood · ZIP 07104These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.129
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.113

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.54,859
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.19,868 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,622
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$68,041
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

241 Ridge St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 78% of homes in Essex County
  • Among the smallest lots in Forest Hill

What homes are worth in Newark 07104

Each bar is how many homes fall in that price range. The marker is this home.

This home
$122K$783K

This home is worth more than 54% of homes in Newark 07104.

How it measures up in Newark 07104

The dot is this home. The mark in the middle is the typical home in Newark 07104.

Estimated value$498,527
CheaperTypical $481,855Pricier

Pricier than 54% of homes nearby

Lot size1,159 ft²
SmallerTypical 3,746 ft²Bigger

Smaller than almost all homes nearby

How 241 Ridge St ranks against every home in each area.
MeasureThis homeForest HillNewark 07104Essex County
Estimated valuepricier than$498,52744% of homes54% of homes22% of homes
Lot sizebigger than1,159 ft²almost no homesalmost no homes4% of homes

About 241 Ridge St

How much is 241 Ridge St, Newark, NJ worth?

The TopHap Estimate for 241 Ridge St, Newark, NJ is $498,527 as of Jun 25, 2026. The likely range is $414,111 to $582,943. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 241 Ridge St, Newark, NJ last sell?

241 Ridge St, Newark, NJ last sold on Nov 30, 2005 for $525,000, according to the county's recorded deed.

What schools serve 241 Ridge St, Newark, NJ?

241 Ridge St, Newark, NJ is assigned to Branch Brook Elementary School (elementary); Technology High School (high), rated A; Rafael Hernandez Elementary School (middle), rated C-. All sit in Newark City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 241 Ridge St, Newark, NJ compare to other homes in Newark 07104?

Among the 6,180 homes in Newark 07104, it is worth more than 54% of them ($498,527 against a typical $481,855) and its lot is bigger than almost none of them (1,159 ft² against a typical 3,746 ft²). Measured against all of Essex County, it is worth more than 22% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 241 Ridge St, Newark, NJ?

The 2025 property tax bill for 241 Ridge St, Newark, NJ was $1,124. The county assessed it at $28,100.

Closest homes

More homes in Newark 07104

Assigned schools

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