Seller's Agent in 2024
Pierce Conway
Compass New Jersey, LLC-Montclair
(973) 618-6368
35 in this area
83 Total Sales
129 Chestnut St Montclair, NJ 07042
Estimated Value: $1,158,000 - $1,627,000
6
Beds
3
Baths
3,128
Sq Ft
$465/Sq Ft
Est. Value
About This Home
As of July 2024Top to bottom renovation, meets central location, meets passive income with this legal 3-family home in the heart of Montclair. This smartly designed residence offers three 2-bed, 1-bath units with all new electrical and plumbing, HVAC systems, separately metered utilities, creative storage and laundry IN-UNT. The first floor feels more like a home than an apartment with a perfect layout, and the 2nd & 3rd floor units feel like you are floating in the trees. The basement offers 3 storage rooms, w/ access to the backyard, plus room for a gym, studio or additional storage. Outside you have a 3 car garage, additional parking and comfortable outdoor living spaces. Conveniently located between Walnut St & Watchung Plaza, this property offers easy access to a variety of parks, recreation, dining and NYC commute options. You can collect $6500/month in rent while living in a brand new home.
Last Agent to Sell the Property
Compass New Jersey, LLC-Montclair Listed on: 06/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,112
Lot Details
- 10,720
Parking
- 3 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Additional Features
- Laundry in unit
- 10,720 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00002 / 02304
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2024
Closed on
Jul 19, 2024
Sold by
Shulruff Emily G
Bought by
Toledo Manuel
Seller's Agent
Pierce Conway
Compass New Jersey, LLC-Montclair
Buyer's Agent
Allison Maguire
Brown Harris Stevens New Jersey
List Price
$1,500,000
Sold Price
$1,625,000
Premium/Discount to List
$125,000
8.33%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,573
Avg. Annual Appreciation
-7.17%
Original Mortgage
$1,125,000
Outstanding Balance
$1,111,460
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$342,967
Purchase Details
Closed on
Nov 30, 2021
Sold by
Gadallah Mona
Bought by
Shulruff Emily G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,306
Interest Rate
3.09%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 31, 2003
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Toledo Manuel | $1,625,000 | Westcor Land Title | |
| Shulruff Emily G | $650,000 | Prestige Title | |
| -- | $363,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Toledo Manuel | $1,125,000 | |
| Previous Owner | Shulruff Emily G | $628,306 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $1,625,000 | +8.3% | $520 / Sq Ft |
| 06/15/2024 06/15/24 | Pending | -- | -- | -- |
| 06/04/2024 06/04/24 | For Sale | $1,500,000 | 0.0% | $480 / Sq Ft |
| 11/18/2022 11/18/22 | Rented | $2,950 | +5.4% | -- |
| 10/12/2022 10/12/22 | Price Changed | $2,800 | -6.7% | $1 / Sq Ft |
| 09/26/2022 09/26/22 | For Rent | $3,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $17,113 | $708,900 | $240,900 | $468,000 |
| 2024 | $17,113 | $506,300 | $240,900 | $265,400 |
Source: Public Records
Agents Affiliated with this Home
-
Pierce Conway
-
Allison Maguire
Buyer's Agent in 2024
Allison Maguire
Brown Harris Stevens New Jersey
(973) 454-9116
34 in this area
82 Total Sales
-
Laura Sulborski
Buyer's Agent in 2022
Laura Sulborski
Keller Williams Realty - NJ Metro Group
(917) 596-3508
11 in this area
39 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24017557
APN: 13-02304-0000-00002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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