NOT LISTED FOR SALE

126 Midland Ave Montclair, NJ 07042

Estimated Value: $1,440,125 - $2,045,000

4 Beds
3 Baths
2,518 Sq Ft
$689/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $973,000 $386 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $11,683/month

About This Home

As of September 2019

STUNNING ONE-YEAR OLD COLONIAL IN THE HEART OF MONTCLAIR close to direct NYC train, bus, shops, restaurants, parks and schools. Perfect house for entertaining! Sunny first floor includes gorgeous designer kitchen w/globe pendant lighting, marble counters, SS apps, & tons of cabinets & counter space. Family room opens to large fam room w/gas fireplace & built ins. Elegant formal dining room. Laundry room conveniently on 1st flr. Spectacular master bdrm suite w/his & her walk in closets. Spa-like master bath. 3 additional nice-sized bdrms. Full bath has double sink and tub shower. Massive lwr level has12-foot ceilings & is newly carpeted-currently used as rec room, play room and exercise room. AC. Gas heat. Watch the 4th of July Parade from your front porch!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 23, 2016
Sold by
Mulumba David M
Bought by
Scarlet Real Estate Llc
Seller's Agent
Karin Diana-Toder
COMPASS NEW JERSEY LLC
Buyer's Agent
Laurie Garfinkle
KELLER WILLIAMS REALTY
List Price
$329,000
Sold Price
$410,000
Premium/Discount to List
$81,000
24.62%
Current Estimated Value
$1,735,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,325,531
Avg. Annual Appreciation
16.78%
Original Mortgage
$287,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2000
Sold by
Tatum Wilbert
Bought by
Mulumba David and Mulumba Syokwaa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.15%
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Scarlet Real Estate Llc $410,000 Elite Title Group Llc
Mulumba David $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarlet Real Estate Llc $287,000
Previous Owner Mulumba David $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2019 09/03/19 Sold $973,000 +8.2% $407 / Sq Ft View Prior Sale
07/09/2019 07/09/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $899,000 -7.3% $376 / Sq Ft
08/02/2018 08/02/18 Sold $970,000 -3.0% $406 / Sq Ft View Prior Sale
07/09/2018 07/09/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $999,999 +143.9% $419 / Sq Ft
06/23/2016 06/23/16 Sold $410,000 +24.6% $171 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $329,000 -- $137 / Sq Ft

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 $29,778 $881,000 $235,700 $645,300
2024 $29,778 $881,000 $235,700 $645,300
2022 $28,967 $881,000 $235,700 $645,300
2021 $28,465 $881,000 $235,700 $645,300
2020 $28,007 $881,000 $235,700 $645,300
2019 $27,716 $881,000 $235,700 $645,300
2018 $7,293 $235,700 $235,700 $0
2017 $14,559 $389,900 $172,800 $217,100
2016 $14,169 $389,900 $172,800 $217,100
2015 $13,748 $389,900 $172,800 $217,100
2014 $13,288 $389,900 $172,800 $217,100
Source: Public Records

Agents Affiliated with this Home

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