NOT LISTED FOR SALE

118 Maple Ave Montclair, NJ 07042

Estimated Value: $906,171 - $1,309,000

7 Beds
4 Baths
2,874 Sq Ft
$359/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $675,000 $235 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,450/month

86 Days on Market

Highlights

  • Property is near a park
  • Nishuane School Rated A
  • Baseboard Heating

About This Home

As of February 2020

Rare 4-family turn-key property near Montclair Center, Midtown Direct train service, NJ transit bus to NYC, GS Parkway, and Rte 280. It's fully occupied and has been professionally managed since 2015. It has 2874 sq feet of living space, separate utilities, a shared front porch and a shared fenced backyard. The units are in good condition, the property has current DCA card, and is on a lovely street with Glenfield Middle School and town park at the far end. Come see for yourself!

Last Agent to Sell the Property

Merle Martin

Christie's International Real Estate Group-Montclair Listed on: 09/02/2019

Christie's International Real Estate Group-Montclair

Last Buyer's Agent

Aileen Colon

United Real Estate

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,662

Year Built

  • 1914

Lot Details

  • 4,875 Sq Ft Lot
  • Irregular Lot

Home Design

  • Built between 1900 - 1939

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 071303005 00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,662

Year Built

1914

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 4 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: Hdwd As In
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 15
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Partial, Unfinished
  • Basement: Partial, unfinished
  • Laundry: None
  • Items Not Included: Tenants' possessions
  • Items Included: Gas ranges, refrigerators

Exterior Features

  • Waterfront: None
  • Exterior Finish: Aluminum

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Cooling: None

Lot Info

  • County Name: ESSEX
  • Locale: 100
  • Lot: 00012
  • Lot Dimensions: 39X125 IRR
  • Estimated Lot Sq Ft: 4875
  • Lot Description: Irregular

Tax Info

  • Tax: 10662
  • Assessor Parcel Number: 071303005 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2019
Closed on
Feb 13, 2020
Sold by
118 Maple Ave Llc
Bought by
Dominguez Rafael
Seller's Agent
Merle Martin
Christie's International Real Estate Group-Montclair
Buyer's Agent
Aileen Colon
United Real Estate
List Price
$675,000
Sold Price
$675,000
Total Days on Market
86
Current Estimated Value
$1,032,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,543
Avg. Annual Appreciation
8.27%
Original Mortgage
$662,774
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2017
Sold by
Homes Of Montclair Ecumenical Corp
Bought by
118 Maple Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,800
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 29, 2015
Closed on
Sep 28, 2015
Sold by
Brunson James W
Bought by
Homes Of Montclair Ecumenical Corp
Seller's Agent
Tekeste Ghebremicael
CASS INC.
Buyer's Agent
Karen Parker
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$244,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dominguez Rafael $675,000 Equity Settlement Svcs Inc
118 Maple Ave Llc -- None Available
Homes Of Montclair Ecumenical Corp $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Rafael $664,608
Closed Dominguez Rafael $662,774
Previous Owner 118 Maple Ave Llc $298,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $675,000 0.0% $235 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $675,000 +176.6% $235 / Sq Ft
09/29/2015 09/29/15 Sold $244,000 -- $85 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,647 $344,600 $111,100 $233,500
2022 $11,330 $344,600 $111,100 $233,500
2021 $11,134 $344,600 $111,100 $233,500
2020 $10,955 $344,600 $111,100 $233,500
2019 $10,841 $344,600 $111,100 $233,500
2018 $10,662 $344,600 $111,100 $233,500
2017 $9,443 $252,900 $81,800 $171,100
2016 $7,621 $209,700 $81,800 $127,900
2015 $12,281 $348,300 $81,800 $266,500
2014 $11,870 $348,300 $81,800 $266,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1941132

New Jersey MLS

APN: 13-03005-0000-00012