NOT LISTED FOR SALE

16 Munn St Montclair, NJ 07042

Estimated Value: $1,320,023 - $1,535,000

6 Beds
3.5 Baths
2,826 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,085,000 $384 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,913/month

18 Days on Market

About This Home

As of October 2022

Truly a MUST SEE! Charming legal-three family features 18 rooms - (3) spacious two-bedroom apartments with bonus rooms. Renovated in 2013, apartments feature beautiful Hardwood & Tile Floors, Updated Kitchens w/Granite Counters, some SS Appliances, 2 Beautiful Remodeled Bathrooms & Washer/Dryer in each unit. Lovely Open Front Porch leads to a Charming Entrance Foyer. Additionally, features Basement Storage Rooms for each unit,4-Car Parking & Newer Windows/Vinyl Siding. Conveniently located near Bloomfield Ave., Park St. & Walnut St. Close to NYC Train, Shopping, Restaurants and more!! Home is currently fully tenant occupied.

Last Agent to Sell the Property

Shari Pippa

Coldwell Banker, Clifton Listed on: 08/21/2022

Coldwell Banker, Clifton

Last Buyer's Agent

Shari Pippa

Coldwell Banker, Clifton Listed on: 08/21/2022

Coldwell Banker, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,534

Lot Details

  • 4,800

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Laundry in unit
  • 4,800 Sq Ft Lot

Community Details

  • Maintenance Expense $2,500

Listing and Financial Details

  • Legal Lot and Block 00002 / 02212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,534

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 973-778-4500
  • MLS Status: Sold - Sold
  • Directions: North Fullerton to Munn Street
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Basement Remarks: 3 STORAGE ROOMS, UTILITY ROOM, 1/2 BATH

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 4800.0

Multi Family

  • Maintenance Expense: 2500.0

Tax Info

  • Tax Annual Amount: 19534.0
  • Tax Block: 02212
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2022
Closed on
Oct 3, 2022
Sold by
Mukaida Donald and Mukaida Maraid
Bought by
Ruggiero Adam
Seller's Agent
Shari Pippa
Coldwell Banker, Clifton
Buyer's Agent
Shari Pippa
Coldwell Banker, Clifton
List Price
$949,000
Sold Price
$1,085,000
Premium/Discount to List
$136,000
14.33%
Views
29
Current Estimated Value
$1,389,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,256
Avg. Annual Appreciation
7.43%
Original Mortgage
$813,750
Outstanding Balance
$782,243
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$607,013

Purchase Details

Closed on
Jun 5, 2012
Sold by
Regan Patricia and Regan James
Bought by
Mukaida Donald and Mukaida Maraid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2008
Sold by
Regan Patrick
Bought by
Regan Family Trust and Regan Patricia
Source: Public Records
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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
Ruggiero Adam $1,085,000 Ridge Title
Mukaida Donald $550,000 Chicago Title Insurance Co
Regan Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruggiero Adam $813,750
Previous Owner Mukaida Donald $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $1,085,000 +14.3% $384 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $949,000 -- $336 / Sq Ft
Source: New Jersey MLS

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 $20,217 $594,100 $173,500 $420,600
2024 $20,081 $594,100 $173,500 $420,600
2022 $19,534 $594,100 $173,500 $420,600
2021 $19,195 $594,100 $173,500 $420,600
2020 $18,886 $594,100 $173,500 $420,600
2019 $18,690 $594,100 $173,500 $420,600
2018 $18,381 $594,100 $173,500 $420,600
2017 $18,599 $498,100 $254,000 $244,100
2016 $18,101 $498,100 $254,000 $244,100
2015 $17,563 $498,100 $254,000 $244,100
2014 $16,975 $498,100 $254,000 $244,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22031209

New Jersey MLS

APN: 13-02212-0000-00002

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