NOT LISTED FOR SALE

Estimated Value: $756,000 - $1,383,680

-- Bed
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold February 02, 2021

Last sale price $975,000

Est. 11% increase in value since last sale

Current estimated payment $7,845/month

31 Days on Market

About This Home

As of February 2021

This home is located at 1263 Valley Rd, Montclair, NJ 07043 since 02 October 2020 and is currently estimated at $1,077,670. This property was built in 1890. 1263 Valley Rd is a home located in Passaic County with nearby schools including Clifton High School, The Magical Palace of Knowledge, and Saint Philip the Apostle Preparatory School.

Last Agent to Sell the Property

Diab Mustafa

EXP REALTY, LLC Brokerage Phone: 973-340-2700 Listed on: 10/02/2020

EXP REALTY, LLC

Last Buyer's Agent

Diab Mustafa

EXP REALTY, LLC Brokerage Phone: 973-340-2700 Listed on: 10/02/2020

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,338

Year Built

  • Built in 1890

Lot Details

  • 10,019 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,338

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Passaic
  • Street Number Display: 1263
  • I D: 5021646
  • Modified: 2022-02-03
  • Number Images: 1
  • Attribution Contact: 973-340-2700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 100X100
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jan 28, 2021
Sold by
Daraghmeh Wesam and Rafee Bayan
Bought by
Munta Jay
Seller's Agent
Diab Mustafa
EXP REALTY, LLC
Buyer's Agent
Diab Mustafa
EXP REALTY, LLC
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Current Estimated Value
$1,077,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,670
Avg. Annual Appreciation
2.24%
Original Mortgage
$731,250
Outstanding Balance
$659,967
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$417,703

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 27, 2017
Sold by
1263 Valley Llc
Bought by
Daragheh Wesam and Rafee Bayan S
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$585,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Munta Jay $975,000 Westcor Land Title Ins Co
Munta Jay $975,000 Westcor Land Title
Daragheh Wesam $780,000 Hudson United Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munta Jay $731,250
Closed Munta Jay $731,250
Previous Owner Daragheh Wesam $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $975,000 -2.4% --
11/02/2020 11/02/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $999,000 +28.1% --
10/27/2017 10/27/17 Sold $780,000 +0.6% --
10/13/2017 10/13/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $775,000 -- --
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
2024 $23,338 $402,800 $144,400 $258,400
2022 $23,000 $402,800 $144,400 $258,400
2021 $22,053 $402,800 $144,400 $258,400
2020 $22,126 $402,800 $144,400 $258,400
2019 $21,969 $402,800 $144,400 $258,400
2018 $21,844 $402,800 $144,400 $258,400
2017 $21,606 $402,800 $144,400 $258,400
2016 $21,187 $402,800 $144,400 $258,400
2015 $20,982 $402,800 $144,400 $258,400
2014 $20,551 $402,800 $144,400 $258,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3668993

Garden State MLS

APN: 02-00074-09-00001