NOT LISTED FOR SALE

Estimated Value: $1,167,000 - $1,343,903

8 Beds
3 Baths
3,176 Sq Ft
$393/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2023

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

Est. 39% increase in value since last sale

Current estimated payment $8,810 / mo

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
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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
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 00031 / 02303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,635

Lot Details

5,355 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Jun 27, 2023
Sold by
Bought by
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
209
Current Estimated Value
$1,246,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,976
Avg. Annual Appreciation
11.09%
Original Mortgage
$674,910
Outstanding Balance
$651,626
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$595,350

Purchase Details

Listed on
Jul 29, 2015
Closed on
Jul 28, 2015
Sold by
Bought by
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
Bought by

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
Bought by

Purchase Details

Closed on
Oct 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Elite Title
-- None Available
$550,000 --
$280,000 --
$173,000 --
$173,000 --
$49,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $674,910
Previous Owner $510,000
Previous Owner $367,000
Previous Owner $522,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
Source: New Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,483 $667,900 $227,000 $440,900
2025 $23,483 $667,900 $227,000 $440,900
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

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Map

Source: New Jersey MLS

MLS Number: 23005158

New Jersey MLS

APN: 13-02303-0000-00031

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