NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,378,000

7 Beds
4 Baths
3,065 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $800,000 $261 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,251/month

27 Days on Market

About This Home

As of December 2022

A South End SLAM DUNK! Wow- this legal 2-family home (with low taxes) has so much to offer, and yet it COULD easily be converted back to its original single-family grandeur! Built in 1897, the property oozes space and character: HW wood floors, leaded glass windows, dentil mouldings, tall ceilings, french doors, grand staircase, and plenty more. The 1st floor unit has an exclusive HUGE front porch (perfect for relaxing w/ a pumpkin spice latte on a beautiful Fall afternoon), gorgeous entryway, 2 BRs, LR, EIK, decorative FP, and full bath. 2nd floor unit has 2-3 BRs, 2 full baths, EIK, & plenty of closets. 3rd fl. has 2 more BRs, full bath, kitchenette, and storage closets. The basement is clean, and offers 3 large storage units, 3 furnaces, & 2 sets of W/Ds. Out back is a large, flat yard with LAVISH rose bushes, classic brick BBQ, fenced in yard and spacious 2-car garage. With only a 10 minute walk to Bay St (0.7 miles) or Glen Ridge (0.9 miles) trains. Freshly paved driveway!

Last Agent to Sell the Property

Gary Martin

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair Listed on: 10/05/2022

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

Last Buyer's Agent

Dominique Preston

RE/MAX First Realty II

RE/MAX First Realty II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,886

Lot Details

  • 8,002

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 8,002 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00004 / 03002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,886

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 744-5544
  • MLS Status: Sold - Sold
  • Directions: Elm St or Ridgewood Ave to Lincoln St
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 8002.0

Tax Info

  • Tax Annual Amount: 16886.0
  • Tax Block: 03002
  • Tax Lot: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 20, 2022
Sold by
Ewing William J
Bought by
Cao Zhaoshu
Seller's Agent
Gary Martin
Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
Buyer's Agent
Dominique Preston
RE/MAX First Realty II
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
61
Current Estimated Value
$1,069,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,921
Avg. Annual Appreciation
11.74%
Original Mortgage
$560,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2001
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
Cao Zhaoshu $800,000 Green Hill Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Zhaoshu $583,000
Closed Cao Zhaoshu $560,000
Previous Owner Ewing William J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $800,000 +0.1% $261 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $799,000 -- $261 / Sq Ft
Source: New Jersey 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 $18,881 $569,900 $219,000 $350,900
2024 $18,881 $569,900 $219,000 $350,900
2022 $17,466 $531,200 $219,000 $312,200
2021 $17,163 $531,200 $219,000 $312,200
2020 $16,887 $531,200 $219,000 $312,200
2019 $16,712 $531,200 $219,000 $312,200
2018 $16,435 $531,200 $219,000 $312,200
2017 $14,305 $383,100 $123,000 $260,100
2016 $13,922 $383,100 $123,000 $260,100
2015 $13,508 $383,100 $123,000 $260,100
2014 $13,056 $383,100 $123,000 $260,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22036517

New Jersey MLS

APN: 13-03002-0000-00004