$1,332,000 - $1,658,011
RENTED JUL 31, 2024

198 Lorraine Ave Unit 1 1st Floor Montclair, NJ 07043

3 Beds
1 Bath
4,031 Sq Ft
$371 Price per Sq Ft

About This Home

Lovely 3 bedroom apartment with many original architectural details. Natural woodwork in the spacious living room and dining room. Light filled sunroom with wall to wall windows. Butler's pantry leading into the new kitchen with stainless appliances and quartz countertops. Updated bath. 2 parking spots included. Prime location just steps from Upper Montclair Village shops, restaurants, bus stop and train station.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Waldner Robert B
Bought by
198 Lorraine Ave Llc
Current Estimated Value
$1,496,503

Purchase Details

Closed on
Oct 2, 2002
Sold by
Lopresti Mario
Bought by
Waldner Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,400
Interest Rate
6.18%

Purchase Details

Closed on
Oct 18, 1989
Sold by
Grey Judith C P
Bought by
Lopresti Mario and Lopresti Rona
Source: Public Records

Range of Values:

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
198 Lorraine Ave Llc $1,275,000 Prestige Title
Waldner Robert $563,000 --
-- $583,000 --
Lopresti Mario $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waldner Robert B $581,000
Previous Owner Waldner Robert $281,000
Previous Owner Waldner Robert B $443,000
Previous Owner -- $450,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $3,250 0.0% --
07/25/2024 07/25/24 For Rent $3,250 -- --

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 $21,882 $647,400 $310,100 $337,300
2022 $21,287 $647,400 $310,100 $337,300
2021 $20,917 $647,400 $310,100 $337,300
2020 $20,581 $647,400 $310,100 $337,300
2019 $20,367 $647,400 $310,100 $337,300
2018 $20,031 $647,400 $310,100 $337,300
2017 $21,665 $580,200 $307,300 $272,900
2016 $21,084 $580,200 $307,300 $272,900
2015 $20,458 $580,200 $307,300 $272,900
2014 $19,773 $580,200 $307,300 $272,900
Source: Public Records

Agents Affiliated with this Home

  • Sibel Oz

    Seller's Agent in 2024

    Sibel Oz

    Prominent Properties Sotheby's International Realty-Montclair

    (201) 218-5487

    30 in this area

    60 Total Sales

    Sibel Oz
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

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Map

New Jersey Essex County Montclair 07043

198 Lorraine Ave Unit 1 1st Floor, Montclair, NJ

This home is located at 198 Lorraine Ave Unit 1 1st Floor, Montclair, NJ 07043 and is currently estimated at $1,496,503, approximately $371 per square foot. 198 Lorraine Ave Unit 1 1st Floor is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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