NOT LISTED FOR SALE

159 Chestnut St Montclair, NJ 07042

Estimated Value: $990,000 - $1,149,000

6 Beds
3.5 Baths
2,671 Sq Ft
$412/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $740,000 $277 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,630/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • High Ceiling
  • Hillside School Rated A
  • Sun or Florida Room
  • Great Room

About This Home

As of February 2021

Beautiful 6 bed/3.1 bath Colonial located in the heart of Montclair. 1st floor boasts a large Foyer, Sunroom/Office, Living Room, Formal Dining Room, Kitchen with a butler's pantry & a Powder Room. 2nd Floor has 4 bedrooms and main bathroom. The 3rd floor has 2 bedrooms and a full bath. The finished basement has its own entrance, a kitchenette, a full bath with a jacuzzi and pet wash, laundry area and plenty of storage. It can be also used as an in-law suite! Spacious backyard for outdoor entertaining and BBQs. Close to schools and shops. Come see it in person before it's gone!

Last Agent to Sell the Property

RICHARD CHERCHIO

WEICHERT REALTORS Listed on: 12/11/2020

Last Buyer's Agent

Nancy Chu

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,569

Year Built

  • Built in 1902

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Additional Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room with entrance to outdoor space
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-01512-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,569

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1902
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 159
  • Directions: Valley Road to Chestnut Street
  • I D: 5036293
  • Modified: 2022-02-13
  • Number Images: 25
  • First Name: RICHARD
  • First Name3: NANCY
  • Last Name: CHERCHIO
  • Last Name3: CHU
  • Office Phone: 288653
  • Office Phone3: 917-699-3785
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Dining Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 11
  • Bedrooms: 6
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, French Drain, Full
  • Basement Level Rooms: Bath(s) Other, Great Room, Laundry Room, Outside Entrance
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Office, OutEntrn, Pantry, Powder Room, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-746-1515

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • 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: 6585SF
  • Assessed Improvement Value: 293800
  • Assessed Land Value: 232900
  • Assessment: 526700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16569
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-01512-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.146
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 27, 2021
Sold by
Yousuf Muhammad
Bought by
Mills Brian D and Debabts Amy M
Seller's Agent
RICHARD CHERCHIO
WEICHERT REALTORS
Buyer's Agent
Nancy Chu
KELLER WILLIAMS - NJ METRO GROUP
List Price
$669,000
Sold Price
$740,000
Premium/Discount to List
$71,000
10.61%
Total Days on Market
8
Current Estimated Value
$1,100,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,135
Avg. Annual Appreciation
9.57%
Original Mortgage
$666,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1996
Sold by
Choudhry Khalida
Bought by
Yousaf Muhommad and Yousaf Yasmeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.99%
Source: Public Records

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Range of Values:

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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
Mills Brian D $740,000 Foundation Title Llc
Yousaf Muhommad $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Brian D $666,000
Previous Owner Yousuf Muhammad $350,000
Previous Owner Yousaf Muhommad $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $740,000 +10.6% $277 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/12/2020 12/12/20 For Sale $669,000 -- $250 / 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
2024 $17,802 $537,100 $232,900 $304,200
2022 $17,318 $526,700 $232,900 $293,800
2021 $17,018 $526,700 $232,900 $293,800
2020 $16,744 $526,700 $232,900 $293,800
2019 $16,570 $526,700 $232,900 $293,800
2018 $16,296 $526,700 $232,900 $293,800
2017 $16,463 $440,900 $157,300 $283,600
2016 $16,022 $440,900 $157,300 $283,600
2015 $15,546 $440,900 $157,300 $283,600
2014 $15,026 $440,900 $157,300 $283,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RICHARD CHERCHIO

    WEICHERT REALTORS

  • Nancy Chu

    Buyer's Agent in 2021

    Nancy Chu

    KELLER WILLIAMS - NJ METRO GROUP

    (917) 699-3785

    72 in this area

    392 Total Sales

    Nancy Chu
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3682834

Garden State MLS

APN: 13-01512-0000-00002

New Jersey Essex County Montclair 07042

159 Chestnut St, Montclair, NJ

This home is located at 159 Chestnut St, Montclair, NJ 07042 since 11 December 2020 and is currently estimated at $1,100,135, approximately $411 per square foot. This property was built in 1902. 159 Chestnut St is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

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