NOT LISTED FOR SALE

17 Central Ave Montclair, NJ 07042

Estimated Value: $1,123,451 - $1,305,000

8 Beds
3 Baths
3,176 Sq Ft
$384/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $900,000 $283 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,601/month

65 Days on Market

About This Home

As of June 2023

Fully upgraded, 2-family home in prime location! Close to hip Walnut Street town center, train, farmers' market, the heart of Montclair. Great for owner-occupied or for investment. Three units are currently rented with potential for renewal this summer. 1st floor: Upgraded in 2021 with all new kitchen, stainless steel appliances, modern bathroom tile, luxury vinyl flooring throughout and AC/forced hot air. 3 bedrooms, one bath, LR, DR, and exclusive use of relaxing front porch. 2nd/3rd floor unit: Spacious unit with 5 bedrooms, upgraded bath 2022, sunporch, large kitchen, LR, DR. Fully-owned rooftop solar panels cover majority of the electric bill to this unit. Plenty of parking, paved back area with lots of potential. Large basement with two laundry rooms and ample storage. 2nd/3rd unit currently rented at Below Market rent.

Last Agent to Sell the Property

Stephanie Radecki

Prominent Properties Sotheby's International Realty-Montclair Listed on: 02/22/2023

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Michael LaRosa

Realty One Group Legend, Clifton

Realty One Group Legend, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,635

Lot Details

  • 5,355

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,355 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00031 / 02303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,635

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-783-6900
  • MLS Status: Sold - Sold
  • Directions: Valley Rd to Chestnut to Central Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Remarks: Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5355.0

Tax Info

  • Tax Annual Amount: 21635.0
  • Tax Block: 02303
  • Tax Lot: 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Jun 27, 2023
Sold by
Gujda Michael
Bought by
Tavares Raphael
Seller's Agent
Stephanie Radecki
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Michael LaRosa
Realty One Group Legend, Clifton
List Price
$829,000
Sold Price
$900,000
Premium/Discount to List
$71,000
8.56%
Views
210
Current Estimated Value
$1,219,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,363
Avg. Annual Appreciation
15.72%
Original Mortgage
$674,910
Outstanding Balance
$661,240
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$558,123

Purchase Details

Listed on
Jul 29, 2015
Closed on
Jul 28, 2015
Sold by
Jones Thomas Gibb and Hodge Tia D
Bought by
Gujda Michael
Seller's Agent
Karen Parker
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$367,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Samuels Hugh
Bought by
Jones Thomas Gibb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Urban Renassaince Llc
Bought by
Samuels Hugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,711
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2000
Sold by
Chase Manhattan Bank
Bought by
Urban Renaissance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,711
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1996
Sold by
Johnson James
Bought by
Thompson Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.22%
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
Tavares Raphael $900,000 Elite Title
Gujda Michael -- None Available
Jones Thomas Gibb $550,000 --
Samuels Hugh $280,000 --
Urban Renaissance Llc $173,000 --
Urban Renaissance Llc $173,000 --
Thompson Frederick $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavares Raphael $674,910
Previous Owner Gujda Michael $510,000
Previous Owner Gujda Michael $510,000
Previous Owner Gujda Michael $367,000
Previous Owner Jones Thomas Gibb $522,500
Previous Owner Samuels Hugh $457,600
Previous Owner Samuels Hugh $100,000
Previous Owner Samuels Hugh $277,711
Previous Owner Thompson Frederick $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $900,000 +8.6% $283 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $829,000 0.0% $261 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $829,000 +28.5% $261 / Sq Ft
07/29/2015 07/29/15 Sold $645,000 -- $203 / 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
2024 $22,240 $667,900 $227,000 $440,900
2022 $21,635 $658,000 $227,000 $431,000
2021 $21,260 $658,000 $227,000 $431,000
2020 $20,918 $658,000 $227,000 $431,000
2019 $20,701 $658,000 $227,000 $431,000
2018 $20,359 $658,000 $227,000 $431,000
2017 $14,723 $394,300 $150,100 $244,200
2016 $14,329 $394,300 $150,100 $244,200
2015 $13,903 $358,800 $150,100 $208,700
2014 $12,228 $358,800 $150,100 $208,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Stephanie Radecki

    Prominent Properties Sotheby's International Realty-Montclair

    (973) 464-7422

    18 in this area

    122 Total Sales

    Stephanie Radecki
    Section Image

  • M

    Buyer's Agent in 2023

    Michael LaRosa

    Realty One Group Legend, Clifton

    (973) 362-8551

    1 in this area

    19 Total Sales

    Michael LaRosa
    Section Image
  • Karen Parker

    Seller's Agent in 2015

    Karen Parker

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 885-6604

    7 in this area

    19 Total Sales

    Karen Parker
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23005158

New Jersey MLS

APN: 13-02303-0000-00031

New Jersey Essex County Montclair 07042

17 Central Ave, Montclair, NJ

This home is located at 17 Central Ave, Montclair, NJ 07042 since 22 February 2023 and is currently estimated at $1,219,363, approximately $383 per square foot. 17 Central Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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