NOT LISTED FOR SALE

159 Summit Ave Montclair, NJ 07043

Estimated Value: $1,645,000 - $1,804,000

5 Beds
2.5 Baths
2,642 Sq Ft
$643/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $819,000 $310 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $11,008/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Bradford School Rated A-
  • Beamed Ceilings
  • Porch

About This Home

As of July 2016

Superb in-town location! This graceful side hall Colonial with welcoming wrap around porch sits on one of Upper Montclair's most desirable quiet side streets. First level features a large entrance foyer with lovely window benches & built-ins, LR, FDR w fireplace (non-functional) columns,beam ceiling, pocket doors, kitchen, powder room and laundry rm; second level has large landing w 4 bedrooms and updated bath; third level has a great family room w large windows overlooking deep rear yard w beautiful perennial garden and patio,large bright bedroom and full bath, making third floor an amazing master suite. Hardwood floors through out. All less than a few blocks to Upper Montclair Village shops, restaurants, Anderson & Brookdale Parks, NYC mid-town direct train and bus.

Last Agent to Sell the Property

Wanda Mundo

VILLAGE SQUARE REALTORS Listed on: 04/04/2016

Last Buyer's Agent

Amy Owens

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,731

Year Built

  • Built in 1904

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Composition Shingle
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Ceiling Fan
  • Track Lighting
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1613-02606-0000-00017-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,731

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1904
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Powder room mirror and 3rd floor landing lamp shade and bathroom mirror
  • Directions: Between Park Street and Northview Avenue
  • I D: 4613475
  • Section Subdiv Development: Upper Montclair
  • First Name: WANDA
  • First Name3: AMY
  • Last Name: MUNDO
  • Last Name3: OWENS
  • Office Phone: 973-509-2222
  • Office Phone3: 973-783-7400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Non-Functional, Dining Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Smoke Detector, Track Lighting
  • Bedrooms: 5
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Third
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Level 1 Rooms: Kitchen, Powder Room, Laundry Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Family Room
  • Phone: 973-509-2222

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Open Porch(es), Sidewalk, Storage Shed, Patio, Curbs, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 65X195
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.29

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19731
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-02606-0000-00017-0000-
  • Tax Rate Amount: 3.526
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 29, 2016
Sold by
Carr Jane
Bought by
Bourne James Edward
Seller's Agent
Wanda Mundo
VILLAGE SQUARE REALTORS
Buyer's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
List Price
$739,000
Sold Price
$819,000
Premium/Discount to List
$80,000
10.83%
Current Estimated Value
$1,697,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,551
Avg. Annual Appreciation
8.04%
Original Mortgage
$570,000
Outstanding Balance
$454,794
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,242,757

Purchase Details

Closed on
May 22, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bourne James Edward $819,000 Evident Title Agency Inc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourne James Edward $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $819,000 +10.8% $310 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $739,000 -- $280 / 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 $25,367 $750,500 $388,700 $361,800
2024 $25,367 $750,500 $388,700 $361,800
2022 $24,676 $750,500 $388,700 $361,800
2021 $24,249 $750,500 $388,700 $361,800
2020 $23,858 $750,500 $388,700 $361,800
2019 $23,611 $750,500 $388,700 $361,800
2018 $22,942 $741,500 $388,700 $352,800
2017 $20,895 $559,600 $388,300 $171,300
2016 $20,336 $559,600 $388,300 $171,300
2015 $19,732 $559,600 $388,300 $171,300
2014 $22,128 $649,300 $388,300 $261,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wanda Mundo

    VILLAGE SQUARE REALTORS

    (973) 886-7240

    1 in this area

    6 Total Sales

    Wanda Mundo
    Section Image
  • Amy Owens

    Buyer's Agent in 2016

    Amy Owens

    KELLER WILLIAMS - NJ METRO GROUP

    (201) 396-2927

    73 in this area

    315 Total Sales

    Amy Owens
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3295173

Garden State MLS

APN: 13-02606-0000-00017

New Jersey Essex County Montclair 07043

159 Summit Ave, Montclair, NJ

Not Listed for Sale

Detached

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