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240 Ridge Rd, Cedar Grove, NJ, 07009

4beds
2baths
--sqft
$699,000
--price/sqft
$5,316/moest. monthly cost
$212,640/yrincome needed

About This Home

LOCATION! LOCATION! Talk about a Cedar Grove GEM! The kind of home buyers wait for! Impeccably maintained and filled with opportunity, this spacious split-level offers the perfect blend of comfort, functionality, and future potential. Freshly painted with beautifully refinished hardwood floors, the home features 4 generously sized bedrooms, sun-filled living and dining spaces, a spacious family room perfect for entertaining, and an oversized attached 2-car garage. The expansive backyard offers plenty of room to relax, play, garden, or create your dream outdoor retreat. Whether you choose to enjoy its timeless charm or update at your own pace, this home provides an exceptional foundation to make it uniquely yours. Ideally located in the heart of Cedar Grove, just moments from parks, shopping, restaurants, top-rated schools, major highways, and NYC transportation. Homes with this combination of location, layout, and value don't come along often! Solar panels are leased (approximately $50/month) through 2036.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
Cedar Grove High SchoolGrades 9-120.4 mi
8/10

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dryer,Kitchen Exhaust Fan,Range/Oven-Gas,Refrigerator,Washer,Gas Water Heater

Basement

  • Basement: None

Bedroom1

  • Level: First
  • Area: 176

Bedroom2

  • Level: First
  • Area: 130

Bedroom3

  • Level: First
  • Area: 81

Bedroom4

  • Level: Ground
  • Area: 143

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 121

Family Room

  • Level: First
  • Area: 221

Features

  • Door features: Storm Door(s)
  • Window features: Storm Window(s),Thermal Windows/Doors,Window Treatments
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
  • Cooling features: 1 Unit,Central Air

Kitchen

  • Features: Eat-in Kitchen
  • Level: First
  • Area: 121

Living Room

  • Level: First
  • Area: 221

Property

Details

  • Parcel number: 1604001200000000210000

Features

  • Levels: Bi-Level
  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 7,840 sqft
  • Features: Level
  • Lot size dimensions: 70 x 112

Parking

  • Total spaces: 4
  • Parking features: 2 Car Width,Assigned,Shared Driveway,Hard Surface,Paver Block
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$170$2,040
Property Taxes $1,419$17,028
Electricity $193$2,318
Total$5,316$63,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,262/yr
40% on housing$159,480/yr
45% on housing$141,760/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07009$1,335
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07009$382
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$699,000
2026-07-06Listed for sale$699,000
2026-04-04Pending sale$699,000
2026-03-26Listed for sale$699,000
AgentLisa Tomasella
BrokerageBerkshire Hathaway HomeServices — Van Der Wende Properties

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