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SOLD 250708

157 SPRING RIDGE DR

Berkeley Heights, NJ

$1,275,000

22,588

Sq. Ft.

$56

Per Sq. Ft.

Residential

Property Type

Tax Assessment Analysis

Sale Price

$1,275,000

Total Assessed

$405,700

Sale vs. Assessed

+$869,300 (+214.3%)

Land Value

$189,300

Building Value

$216,400

Berkeley Heights Market Overview

$875,000

Median Price

128

Total Sales

+0.0%

Year over Year

Active

Market Type

📊 Investment Analysis

$8,925

Est. Monthly Rent

$9,665

Est. Mortgage

7.4% · 20% down

-$740

Monthly Cash Flow

8.4%

Cap Rate

-3.5%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.

🏘 Berkeley Heights Neighborhood Guide

Walk Score

Car-Dependent

Min to NYC

With transfer

Berkeley Heights Station

Train Station

Gladstone Branch

Neighborhoods in Berkeley Heights

Watchung Border / Mountain Area $900,000 to $1,500,000

Best for: Nature lovers, space seekers

Downtown / Station Area $625,000 to $850,000

Best for: Commuters

Murray Hill Border $600,000 to $800,000

Best for: Value seekers, corporate commuters

Berkeley Heights sits at the foot of the Watchung Mountains, offering wooded lots, nature-oriented living, and top-rated Governor Livingston High School — all with NJ Transit access on the Gladstone Branch. The township's hilly terrain gives many homes elevation and views that are rare in Union Coun...

Explore Berkeley Heights →