NOT LISTED FOR SALE

120 Chestnut St Montclair, NJ 07042

Estimated Value: $1,319,000 - $1,496,000

5 Beds
2.5 Baths
2,800 Sq Ft
$501/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $915,623 $327 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,134/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Mud Room
  • Hillside School Rated A
  • High Ceiling
  • Beamed Ceilings

About This Home

As of August 2020

Welcome to this lovingly restored Craftsman with a historical past. Located in one of Montclair's most thriving areas, this ca. 1905 home is steps from delicious cuisine, schools & NY direct train. A wrap around mahogany porch is a porch lover's dream come true. Beautiful details in the sunny entry hall, gleaming HW floors, chestnut trim & a large LR w/gas FP & handsome mantel maintains the orig character. Updated kitchen w/premium appls & custom cabinets is open to an expansive dining area & FR. Restored w/the finest materials inc Hardy board exterior w/orig stucco & updates inc C/AC, radiant heat in baths.

Last Agent to Sell the Property

Amy Owens

KELLER WILLIAMS - NJ METRO GROUP Listed on: 05/08/2020

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

Amy Owens

KELLER WILLIAMS - NJ METRO GROUP Listed on: 05/08/2020

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,826

Year Built

  • Built in 1909

Lot Details

  • 6,316

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • 2,800 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Shades
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Porch
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 1613-02401-0000-00020-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,826

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1909
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Drapes & hardware in the MBR and 2nd floor bedroom excluded.
  • Possible Other Uses: Home-Office
  • Directions: Valley or Grove to Chestnut between Midland and Central
  • I D: 4980105
  • Section Subdiv Development: Watchung Plaza
  • First Name: AMY
  • First Name3: AMY
  • Last Name: OWENS
  • Last Name3: OWENS
  • Office Phone: 973-783-7400
  • Office Phone3: 973-783-7400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Insert, Living Room
  • Number of Fireplaces: 1
  • Appliances: CookGas, Dishwasher, Dryer, Microwave Oven, OvnWElec, Washer
  • Interior Amenities: Beam Ceilings, Blinds, High Ceilings, Shades, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Pantry
  • Kitchen Dim: 16x15
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 9x13
  • Other Room1 Level: Third
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Foyer, Kitchen, Living Room, MudRoom, Pantry, Porch, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Laundry Room
  • Level 3 Rooms: 2 Bedrooms, Bath(s) Other, Utility Room
  • Estimated Sq Ft: 2800
  • Phone: 973-783-7400

Exterior Features

  • Exterior Description: ConcBrd, Stucco
  • Exterior Features: Open Porch(es)
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Shared, Hard Surface

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 45X140 IRR
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 20826
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-02401-0000-00020-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.146
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Aug 17, 2020
Sold by
Obrien James and Kovacevic Ljiljana
Bought by
Jesser Justin and Mckay Alison
Seller's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
List Price
$749,000
Sold Price
$915,623
Premium/Discount to List
$166,623
22.25%
Current Estimated Value
$1,404,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,390
Avg. Annual Appreciation
8.21%
Original Mortgage
$732,498
Outstanding Balance
$649,777
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$754,236

Purchase Details

Closed on
May 23, 2005
Sold by
Groelinger Andrew
Bought by
O'Brien James and Kovacevic Ljiljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2002
Sold by
Smith Boddy
Bought by
Groelinger Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.99%

Purchase Details

Closed on
Oct 14, 1999
Sold by
Sumo Realty
Bought by
Dugue Acacio and Dugue Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Jesser Justin $915,623 Zwiren Title Agency Inc
O'Brien James $655,000 --
Groelinger Andrew $380,000 --
Dugue Acacio $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jesser Justin $732,498
Previous Owner O'Brien James $524,000
Previous Owner Groelinger Andrew $300,700
Previous Owner Dugue Acacio $181,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $915,623 +22.2% $327 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $749,000 -- $268 / Sq Ft
Source: Garden State 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
2025 $22,376 $662,000 $381,800 $280,200
2024 $22,376 $662,000 $381,800 $280,200
2022 $21,389 $662,000 $381,800 $280,200
2021 $21,389 $662,000 $381,800 $280,200
2020 $21,045 $662,000 $381,800 $280,200
2019 $20,827 $662,000 $381,800 $280,200
2018 $20,482 $662,000 $381,800 $280,200
2017 $19,604 $525,000 $246,200 $278,800
2016 $19,079 $525,000 $246,200 $278,800
2015 $18,864 $535,000 $246,200 $288,800
2014 $18,233 $535,000 $246,200 $288,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3631597

Garden State MLS

APN: 13-02401-0000-00020