NOT LISTED FOR SALE

171 Forest St Unit 2nd Fl Montclair, NJ 07042

Estimated Value: $1,401,473

2 Beds
1 Bath
-- Sq Ft
3,833 Sq Ft Lot

Highlights

  • Forced Air Heating System
  • Dogs and Cats Allowed
  • 2-minute walk to Essex Park
  • Hillside School Rated A
  • Washer and Dryer

About This Home

As of December 2023

Gorgeous 2-bed, 1-bath apartment with inlaid parquet hardwood floors & updated kitchen and bath. Laundry in unit. Located above the famous Ruthie's BBQ/Pizza. Sophisticated Montclair location just blocks from vibrant Walnut Street with its many restaurant options, shopping, Train Station, and Farmers Market. One garage parking space included. Additional parking on-street with municipal permit. Pets allowed with restrictions.

Last Agent to Rent the Property

Sibel Oz

Prominent Properties Sotheby's International Realty-Montclair Listed on: 10/27/2023

Prominent Properties Sotheby's International Realty-Montclair

Last Renter's Agent

Lisa A. Dennin

Brown Harris Stevens New Jersey

Brown Harris Stevens New Jersey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,899

Year Built

  • 1921

Lot Details

  • 3,833

Parking

  • 1 Car Garage

Home Design

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Magnet Elementary School
  • Magnet Middle School
  • Montclair High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Washer and Dryer
  • Laundry in Basement

Community Details

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,899

Year Built

1921

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: In Basement
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator, Water, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: Cats OK, Dogs OK, Pets Conditional, O/See Rmks
  • Co List Office Phone: (973) 783-6900
  • MLS Status: Leased - Leased
  • Directions: Corner of Forest and Chestnut Streets
  • Reso Fireplace Features: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1921

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: See Remarks

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Schools

  • Elementary School: Magnet E.S.
  • High School: Montclair H.S.
  • Middle Or Junior School: Magnet
  • Elementary: Magnet E.S.

Lot Info

  • Lot: 00054

MLS Schools

  • High School Text: Montclair H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
R Perretti Llc
Bought by
171 Forest St Llc
Current Estimated Value
$1,401,473

Purchase Details

Closed on
Jun 22, 2007
Sold by
Diaz Jorge
Bought by
R Perretti Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2002
Sold by
Herrmann John
Bought by
Diaz Jorge

Purchase Details

Closed on
Sep 17, 1998
Sold by
Calabrese Margaret
Bought by
Hermann John and Hermann Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.68%
Mortgage Type
Commercial
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
171 Forest St Llc $1,250,000 Foundation Title
R Perretti Llc $481,000 Chicago Title Insurance Co
Diaz Jorge $200,000 --
Hermann John $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R Perretti Llc $150,000
Previous Owner Hermann John $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2023 12/16/23 Rented $3,300 0.0% --
10/27/2023 10/27/23 For Rent $3,300 -- --
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 $13,899 $411,200 $127,300 $283,900
2024 $13,899 $411,200 $127,300 $283,900
2022 $13,520 $411,200 $127,300 $283,900
2021 $13,286 $411,200 $127,300 $283,900
2020 $13,072 $411,200 $127,300 $283,900
2019 $12,936 $411,200 $127,300 $283,900
2018 $12,723 $411,200 $127,300 $283,900
2017 $13,054 $349,600 $84,600 $265,000
2016 $12,704 $349,600 $84,600 $265,000
2015 $12,327 $349,600 $84,600 $265,000
2014 -- $349,600 $84,600 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23033214

New Jersey MLS

APN: 13-03303-0000-00054