NOT LISTED FOR SALE

2 Berkeley Place Montclair, NJ 07042

Estimated Value: $1,014,000 - $1,291,274

5 Beds
2.5 Baths
2,343 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $750,000 $320 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,747/month

116 Days on Market

Highlights

  • Baseboard Heating
  • Rectangular Lot
  • 4-minute walk to Edgemont Park
  • Hillside School Rated A

About This Home

As of October 2022

5 bed, 2.5 bath colonial in Upper Montclair and steps to beautiful Edgemont Park. Great house in need of some tlc to restore it to fabulous ! Home enjoys front screened in porch. Main floor consists of living room with w/b fireplace, formal dining room, eat in kitchen, family room and half bath. Kitchen opens out on to rear patio. French doors off living room lead to family room that can serve as office/playroom/TV rm. Second floor features three spacious bedrooms and a full bath. Third floor has 2 bedrooms and a full bath. Basement is unfinished with laundry and lots of space! Near schools, shops, restaurants and transportation. Spacious fenced in backyard, 2 car detached garage. Underground oil tank is being replaced with new above ground tank in basement.

Last Agent to Sell the Property

Clare Morcella

Keller Williams Realty - NJ Metro Group Listed on: 04/11/2022

Keller Williams Realty - NJ Metro Group

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,654

Year Built

  • 1926

Lot Details

  • 7,309 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 00008 / 01604

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,654

Year Built

1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-783-7400
  • MLS Status: Sold - Sold
  • Directions: Valley Road towards Edgemont Park
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Colonial
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: No
  • Basement Remarks: y

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Shingle Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil

Lot Info

  • Lot Size Sq Ft: 7309.0

Tax Info

  • Tax Annual Amount: 18654.0
  • Tax Block: 01604
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Oct 13, 2022
Sold by
Murez Dorothy
Bought by
Castle Celeste
Seller's Agent
Clare Morcella
Keller Williams Realty - NJ Metro Group
Buyer's Agent
Outside Agent
Outside Office
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Total Days on Market
116
Current Estimated Value
$1,148,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,319
Avg. Annual Appreciation
17.51%
Original Mortgage
$930,443
Outstanding Balance
$904,103
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$244,216
Source: Public Records

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Range of Values:

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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
Castle Celeste $750,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Celeste $930,443
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $750,000 +15.6% $320 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $649,000 -7.2% $277 / Sq Ft
07/01/2022 07/01/22 For Sale $699,000 0.0% $298 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $699,000 0.0% $298 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $699,000 -- $298 / 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 $19,834 $586,800 $347,900 $238,900
2022 $19,294 $586,800 $347,900 $238,900
2021 $18,960 $586,800 $347,900 $238,900
2020 $18,654 $586,800 $347,900 $238,900
2019 $18,461 $586,800 $347,900 $238,900
2018 $18,156 $586,800 $347,900 $238,900
2017 $18,043 $483,200 $240,600 $242,600
2016 $17,559 $483,200 $240,600 $242,600
2015 $17,038 $483,200 $240,600 $242,600
2014 $16,467 $483,200 $240,600 $242,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22012232

New Jersey MLS

APN: 13-01604-0000-00008