NOT LISTED FOR SALE

124 Inwood Ave Montclair, NJ 07043

Estimated Value: $1,841,000 - $2,595,000

6 Beds
4.5 Baths
4,090 Sq Ft
$575/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $1,746,500 $427 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $16,666/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Home Office
  • Bradford School Rated A-
  • Wood Flooring
  • Home Gym

About This Home

As of August 2016

Pride in ownership is clear in this quintessential Colonial set on one of the most desirable Upper Montclair streets. This home will fulfill every item on your wish list. Large gourmet kitchen with Luce De Luna center island and six-burner stove, two sinks, two dishwashers, butler's pantry with large food pantry, expansive eating area, a cook's dream. Adjacent family room features built in speakers, French doors to bluestone patio complete w/ built-in grill, an entertainer's delight! Gracious room sizes, four corner bedrooms on the second floor, multi-zone cooling and heating, finished basement with rec room, office, full bath, gym area and laundry. Plus a large mudroom and 3-car garage. Close to Upper Montclair Village, Brookdale Park and easy NYC transportation. Move in today and entertain tomorrow.

Last Agent to Sell the Property

SUSAN LOVIT

COMPASS NEW JERSEY LLC Listed on: 04/15/2016

Co-Listed By

Dana Farber-schwern

COMPASS NEW JERSEY LLC

Last Buyer's Agent

ANGELA BURCHELL

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,490

Year Built

  • Built in 1927

Lot Details

  • 0.38 Acre Lot
  • Privacy Fence
  • Wood Fence

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Stone Siding
  • Tile

Interior Spaces

  • Sound System
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Sump Pump
  • French Drain

Outdoor Features

  • Patio

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Generator Hookup
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-03604-0000-00025-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,490

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1927
  • County Name: Essex
  • Exclusions: basement refrigerator and freezer, purple bedroom carpet.
  • Street Number Display: 124
  • Directions: Grove or Park to Inwood
  • I D: 4615978
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: SUSAN
  • First Name2: DANA
  • First Name3: ANGELA
  • Last Name: LOVIT
  • Last Name2: FARBER SCHWERN
  • Last Name3: BURCHELL
  • Office Phone: 278676
  • Office Phone2: ext 156
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Generator-Hookup, Refrigerator, CookGas, Instant Hot Water, Water Filter, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Security System, Blinds, Carbon Monoxide Detector, Stereo System
  • Number Rooms: 11
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Finished
  • Basement Level Rooms: Exercise Room, Storage Room, Laundry Room, Rec Room, Office, Utility Room, Bath Main
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Level: First
  • Other Room 2: Exercise Room
  • Other Room2 Level: Basement
  • Other Room 3: Office
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Foyer, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Storage Room, Bath Main
  • Phone: 973-783-6900

Exterior Features

  • Exterior Description: Stone, Wood Shingle
  • Exterior Features: Barbeque, Wood Fence, Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air, 3 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 100X167
  • Assessed Improvement Value: 569700
  • Assessed Land Value: 465200
  • Assessment: 1034900
  • Easement: Unknown
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.38

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 36490
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03604-0000-00025-0000-
  • Tax Rate Amount: 3.526
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Aug 2, 2016
Sold by
Marshall Diane G and Marshall Scott J
Bought by
The 124 Inwood Revocable Living Trust and Alexis D Finkle
Seller's Agent
SUSAN LOVIT
COMPASS NEW JERSEY LLC
Buyer's Agent
ANGELA BURCHELL
COLDWELL BANKER REALTY
List Price
$1,499,000
Sold Price
$1,746,500
Premium/Discount to List
$247,500
16.51%
Current Estimated Value
$2,351,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,803
Avg. Annual Appreciation
3.48%
Original Mortgage
$930,000
Outstanding Balance
$744,385
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,637,156

Purchase Details

Closed on
Mar 29, 2016
Sold by
Linares Graciela H
Bought by
Marshall Scott J and Marshall Diane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,184,050
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2001
Sold by
Egbert Carla Hahnebach
Bought by
124 Inwood Holdings Llc

Purchase Details

Closed on
Jul 26, 2000
Sold by
Littlefield Joshua C
Bought by
Marshall Scott J and Marshall Diane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 1989
Sold by
Apgar Edward L and Apgar Marilyn R
Bought by
Littlefield Joshua C and Littlefield Katherine H
Source: Public Records

Range of Values:

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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
The 124 Inwood Revocable Living Trust $1,746,500 Metro Title Agency Inc
Marshall Scott J $705,000 None Available
124 Inwood Holdings Llc $365,000 --
124 Inwood Holdings Llc $365,000 --
Marshall Scott J $997,307 --
-- $997,300 --
Littlefield Joshua C $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The 124 Inwood Revocable Living Trust $930,000
Open The 124 Inwood Revocable Living Trust $1,746,500
Previous Owner Marshall Scott J $1,184,050
Previous Owner Marshall Scott J $675,000
Previous Owner Marshall Scott J $250,000
Previous Owner Marshall Scott J $1,000,000
Previous Owner Marshall Scott J $90,000
Previous Owner -- $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $1,746,500 +16.5% $427 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $1,499,000 -- $367 / 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 $46,249 $1,368,300 $433,700 $934,600
2024 $46,249 $1,368,300 $433,700 $934,600
2022 $44,990 $1,368,300 $433,700 $934,600
2021 $44,210 $1,368,300 $433,700 $934,600
2020 $43,498 $1,368,300 $433,700 $934,600
2019 $43,047 $1,368,300 $433,700 $934,600
2018 $42,335 $1,368,300 $433,700 $934,600
2017 $38,643 $1,034,900 $465,200 $569,700
2016 $37,608 $1,034,900 $465,200 $569,700
2015 $36,491 $1,034,900 $465,200 $569,700
2014 $35,269 $1,034,900 $465,200 $569,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3298454

Garden State MLS

APN: 13-03604-0000-00025