NOT LISTED FOR SALE

198 Forest St Montclair, NJ 07042

Estimated Value: $690,000 - $870,183

-- Bed
-- Bath
1,640 Sq Ft
$465/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $390,000 $238 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,882/month

39 Days on Market

About This Home

As of October 2016

This home is located at 198 Forest St, Montclair, NJ 07042 since 22 July 2016 and is currently estimated at $762,546, approximately $464 per square foot. This property was built in 1897. 198 Forest St is a home located in Essex County with nearby schools including Hillside School, Bradford School, and Watchung School.

Last Agent to Sell the Property

Laurena White

PROMINENT PROPERTIES SIR Brokerage Phone: 973-783-6900 Listed on: 07/22/2016

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Victoria Carter

WEICHERT REALTORS

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,265

Year Built

  • Built in 1897

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,265

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Essex
  • I D: 4644761
  • Attribution Contact: 973-783-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 23X154
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Rivera Jonathan and Rivera Shari
Bought by
Msm Investments Llc
Current Estimated Value
$762,546

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 28, 2016
Sold by
Ramsey Kim S
Bought by
Rivera Jonathan and Jimenez Shari
Seller's Agent
Laurena White
PROMINENT PROPERTIES SIR
Buyer's Agent
Victoria Carter
WEICHERT REALTORS
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Apr 12, 2004
Sold by
Ciamacco Dawn
Bought by
Ramsey Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.58%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Mondsini Jack
Bought by
Ciamacco Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.73%

Purchase Details

Closed on
Oct 1, 1992
Sold by
Mondsini Jack W
Bought by
Mondsini Jack W and Virginia Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Msm Investments Llc $600,000 Prestige Title
Rivera Jonathan $390,000 Rms Title Services Llc
Ramsey Kim $315,000 --
Ciamacco Dawn $140,000 --
Mondsini Jack W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsey Kim $283,500
Previous Owner Ciamacco Dawn $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $390,000 +2.9% $238 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $379,000 -- $231 / Sq Ft
Source: Garden State 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 $10,265 $303,700 $159,400 $144,300
2024 $10,265 $303,700 $159,400 $144,300
2022 $9,986 $303,700 $159,400 $144,300
2021 $9,813 $303,700 $159,400 $144,300
2020 $9,655 $303,700 $159,400 $144,300
2019 $9,554 $303,700 $159,400 $144,300
2018 $9,396 $303,700 $159,400 $144,300
2017 $9,107 $243,900 $87,800 $156,100
2016 $8,863 $243,900 $87,800 $156,100
2015 $8,600 $243,900 $87,800 $156,100
2014 $8,312 $243,900 $87,800 $156,100
Source: Public Records

Agents Affiliated with this Home

  • Laurena White

    Seller's Agent in 2016

    Laurena White

    PROMINENT PROPERTIES SIR

    (973) 985-8637

    19 in this area

    48 Total Sales

    Laurena White
    Section Image

  • V

    Buyer's Agent in 2016

    Victoria Carter

    WEICHERT REALTORS

    (973) 376-6748

    22 in this area

    477 Total Sales

    Victoria Carter
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3324358

Garden State MLS

APN: 13-03303-0000-00037

New Jersey Essex County Montclair 07042

198 Forest St, Montclair, NJ

Not Listed for Sale

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