Off Market May 2023 for $350K

—

Est. refi paymentEst. refi $2,126/mo

•

2,901

sq ft

56 Margaret Rd, Oak Ridge, NJ 07438

About this home

Here's your opportunity to build equity and customize a home to your taste! Renovating can be the best strategy for finally getting your perfect home when there's such limited inventory. Almost 3000 sq ft, this ranch is situated on 2 acres at the end of a quiet cul de sac in proximity of higher priced homes. As is, this unique home has the welcoming rustic ambiance of a chalet. Genuine knotty pine paneled walls, beam ceilings, skylights and stone-faced fireplace with a soapstone wood burning stone. The kitchen area is expansive. Huge bedrooms with generous closets. Four bedrooms; septic rated for 3 bedrooms. Closet was removed from BR 4 but can be easily reinstalled. The primary bedroom is en suite. Convenient one story living, complete with laundry on the same first level. Hardwood floors flow throughout. The unfinished basement is a blank slate. With 2 private acres, install a pool and add a garage. Take advantage of this rare opportunity to customize in a great location!

RanchProperty Type

1970Year Built

2 acresLot Size

$121Price/Sq.Ft.

10 spacesParking

Listed by Maria Scognamiglio • Coldwell Banker, Mountain Lakes

•201-240-8699 (agent)

•AntoinetteSellsNJ@gmail.com (agent)

•973-263-0400 (broker)

Bought with Outside Agent • Outside Office

•999-999-9999 (broker)

Bought with • Outside Office

•999-999-9999 (broker)

Redfin checked: 2 minutes ago

•Source:NJMLS #22039876

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 07438, NJ

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.6%

+0.9% MoM

Median sale price

$583K

$3K MoM

Avg. days on market

20d

1 days MoM

Recently sold homes

6 MoM

New listings for sale

OPEN SUN, 12PM TO 3PM
$339,900
1 bed2 baths— sq ft
7 Pine Hollow Ct, Oak Ridge, NJ 07438-9179
OPEN SUN, 1PM TO 4PM
$463,000
3 beds2 baths— sq ft
52 Horseshoe Dr, Oak Ridge, NJ 07438-9150
OPEN SUN, 12PM TO 3PM
$595,000
3 beds2.5 baths— sq ft
38 Notch Rd, Oak Ridge, NJ 07438-8839
$425,000
2 beds1 bath1,104 sq ft
47 Pequot Trl, Oak Ridge, NJ 07438-9391
$530,000
2 beds2.5 baths— sq ft
115 Wildwood Rd, Oak Ridge, NJ 07438-9102
$949,900
4 beds3.5 baths— sq ft
10 Skyler Ct, Oak Ridge, NJ 07438-8873
$549,000
3 beds2 baths— sq ft
5656 Berkshire Valley Rd, Oak Ridge, NJ 07438-9701
See all

Provided by Redfin

Sale history for 56 Margaret Rd

Date

Event

Price

NJMLS #22039876

May 23, 2023

Sold

$350,000

$121/sq ft

Feb 25, 2023

Contingent

—

Feb 20, 2023

Price Changed

$399,000

$138/sq ft

Jan 18, 2023

Price Changed

$459,500

$158/sq ft

Nov 4, 2022

Listed

$479,500

$165/sq ft

GSMLS #3815272

May 16, 2023

Sold

$350,000

$121/sq ft

Apr 28, 2023

Pending

—

Mar 16, 2023

Contingent

—

Feb 24, 2023

Pending

—

Feb 15, 2023

Price Changed

$399,000

$138/sq ft

Jan 18, 2023

Price Changed

$459,500

$158/sq ft

Oct 30, 2022

Listed

$479,500

$165/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,088 (−19.3%)

$162,600 + $162,400

$325,000

2024

$12,494 (+2.6%)

$162,600 + $162,400

$325,000

2023

$12,178 (+2.7%)

$162,600 + $253,600

$416,200

2022

$11,862 (+2.0%)

$162,600 + $253,600

$416,200

2021

$11,629 (+1.7%)

$162,600 + $253,600

$416,200

2020

$11,433 (+3.1%)

$162,600 + $253,600

$416,200

2019

$11,084 (+1.5%)

$162,600 + $253,600

$416,200

2018

$10,921 (+4.3%)

$160,600 + $242,600

$403,200

2017

$10,472 (+3.8%)

$155,400 + $236,300

$391,700

2016

$10,089 (+6.2%)

$152,300 + $216,700

$369,000

2014

$9,499 (+4.0%)

$152,300 + $207,000

$359,300

2013

$9,133 (+12.1%)

$152,300 + $207,000

$359,300

2012

$8,145 (−7.7%)

$152,300 + $207,000

$359,300

2011

$8,822 (+2.7%)

$152,300 + $207,000

$359,300

2010

$8,591

$193,900 + $212,300

$406,200

2009

$8,597

$193,900 + $212,300

$406,200

Tax history for 56 Margaret Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,088 (−19.3%)

$162,600 + $162,400

$325,000

2024

$12,494 (+2.6%)

$162,600 + $162,400

$325,000

2023

$12,178 (+2.7%)

$162,600 + $253,600

$416,200

2022

$11,862 (+2.0%)

$162,600 + $253,600

$416,200

2021

$11,629 (+1.7%)

$162,600 + $253,600

$416,200

2020

$11,433 (+3.1%)

$162,600 + $253,600

$416,200

2019

$11,084 (+1.5%)

$162,600 + $253,600

$416,200

2018

$10,921 (+4.3%)

$160,600 + $242,600

$403,200

2017

$10,472 (+3.8%)

$155,400 + $236,300

$391,700

2016

$10,089 (+6.2%)

$152,300 + $216,700

$369,000

2014

$9,499 (+4.0%)

$152,300 + $207,000

$359,300

2013

$9,133 (+12.1%)

$152,300 + $207,000

$359,300

2012

$8,145 (−7.7%)

$152,300 + $207,000

$359,300

2011

$8,822 (+2.7%)

$152,300 + $207,000

$359,300

2010

$8,591

$193,900 + $212,300

$406,200

2009

$8,597

$193,900 + $212,300

$406,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

3.25

Stories

Lot width

—

Lot depth

—

Lot size

87,120

Year renovated

—

Sq. Ft.

2,901

Year built

1970

Style

Ranch

County

Morris County

APN

1400453 0400035

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Jan 17, 2025.

R-30

Medium-Density Single-Family Residence Zone

This zone is designed to encompass the major developed areas of the Township located within existing developed centers, and allows for residential development at similar densities.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Fire house
Library
Museum / gallery
Park & open space

Property details

Parking

Parking/Garage Information
# of Parking Spaces Total: 8
Other Parking: Carport

Interior

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

Heating & Cooling
Cooling: None
Has Heating
Heating: Baseboard, Oil

Interior Features
Window Features: Skylight(s)
Flooring: Hardwood
Has Fireplace
# of Fireplaces: 1

Room Information
# of Rooms Total: 8
Has Basement
Basement Details: Full, Unfinished

Exterior

Pool Information
Pool Features: None

Building Information
# of Stories Total: 1
Construction Materials: Aluminum Siding, Vinyl Siding

Property Information
Property Type: Residential
Property Sub Type: Ranch
Raw Mls Property Sub Type: Ranch

Lot Information
Lot Features: Cul-De-Sac

Financial

Tax Information
Tax Annual Amount: $11,128

Utilities

Utility Information
Water Source: Well, Private

Location

Schools Information
Elementary School: Cozy Lake
Middle Or Junior School: JTMS
High School: JTHS

Public facts

Beds: 4
Baths: 3.25
Sq. Ft.: 2,901
Stories: 1.0
Parking Spaces: 10
Basement: Yes
Accessible: No
Lot Size: 2 acres
Style: Ranch
Year Built: 1970
Year Renovated: —
County: Morris County
APN: 1400453 0400035
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Jan 17, 2025

Around this home

Schools

Milton Elementary School

Public PreK-K • Assigned • 0.4mi

Jefferson Twp Middle School

Public 6-8 • Assigned • 2.0mi

7/10

Jefferson Twp High School

Public 9-12 • Assigned • 1.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

4/10 Wind Factor

17% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Oak Ridge, NJ • 07438

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 3.9 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

3.9 hrs

JuneDecember

Provided by Shadowmap

Work with an experienced agent and save on fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$1,250,000

4 beds2.5 baths2,749 sq ft

130 Pond School Rd, Sussex, NJ 07461-2623

$229,999

Land— sq ft

44 Snover Rd, Lafayette, NJ 07848-3806

$1,100,000

2 beds2 baths1,000 sq ft

17 Fergerson Rd, Sussex, NJ 07461-3701

$549,000

3 beds2 baths— sq ft

5656 Berkshire Valley Rd, Oak Ridge, NJ 07438-9701

$499,000

3 beds2 baths— sq ft

502 Otterhole Rd, West Milford, NJ 07480-4331

$360,000

3 beds1 bath— sq ft

151 Pine Tree Rd, Bloomingdale, NJ 07403-1406

New listings for sale in 07438-9179

OPEN SUN, 12PM TO 3PM

$339,900

1 bed2 baths— sq ft

7 Pine Hollow Ct, Oak Ridge, NJ 07438-9179

OPEN SUN, 1PM TO 4PM

$463,000

3 beds2 baths— sq ft

52 Horseshoe Dr, Oak Ridge, NJ 07438-9150

OPEN SUN, 12PM TO 3PM

$595,000

3 beds2.5 baths— sq ft

38 Notch Rd, Oak Ridge, NJ 07438-8839

$425,000

2 beds1 bath1,104 sq ft

47 Pequot Trl, Oak Ridge, NJ 07438-9391

$530,000

2 beds2.5 baths— sq ft

115 Wildwood Rd, Oak Ridge, NJ 07438-9102

$949,900

4 beds3.5 baths— sq ft

10 Skyler Ct, Oak Ridge, NJ 07438-8873

$549,000

3 beds2 baths— sq ft

5656 Berkshire Valley Rd, Oak Ridge, NJ 07438-9701

Home values near 56 Margaret Rd

Data from public records.

Address	Redfin Estimate
49 Margaret Road, Oak Ridge, NJ - Beds \| - Baths \| 2062 Sq. Ft.	$593,382
44 Margaret Road, Oak Ridge, NJ - Beds \| - Baths \| 2974 Sq. Ft.	$704,354

Address	Redfin Estimate
31 Margaret Road, Oak Ridge, NJ 3 Beds \| 1 Baths \| 1047 Sq. Ft.	$425,694
52 Margaret Road, Oak Ridge, NJ - Beds \| - Baths \| 2576 Sq. Ft.	$714,419

Address	Redfin Estimate
40 Margaret Road, Oak Ridge, NJ - Beds \| - Baths \| 1488 Sq. Ft.	$500,226
50 Margaret Road, Oak Ridge, NJ - Beds \| - Baths \| 1996 Sq. Ft.	$636,588

Property information provided by NJMLS when last listed in 2022. This data may not show owner updates. Learn more.

More real estate resources

Cities
Zip Codes
Minor Civil Divisions
Popular Searches

Montclair homes for sale
Summit homes for sale
New York homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

07460 homes for sale
07866 homes for sale
07438 homes for sale
07871 homes for sale
07480 homes for sale

Bloomfield Township homes for sale
Livingston Township homes for sale
West Orange Township homes for sale
South Orange Village homes for sale
Wayne Township homes for sale

Houses for rent in Oak Ridge	Agents near me	Ridgewood, NJ homes for sale	Oak Ridge Housing Market
Houses for sale near me	Jersey City, NJ homes for sale	Summit, NJ homes for sale
Land for sale near me	Montclair, NJ homes for sale	Edison, NJ homes for sale
Open Houses near me	Hoboken, NJ homes for sale	Oak Ridge Property Records
Condos for sale near me	Princeton, NJ homes for sale	NJ New Listings