NOT LISTED FOR SALE

2 Melrose Place Montclair, NJ 07042

Estimated Value: $1,338,037 - $1,643,000

-- Bed
-- Bath
3,067 Sq Ft
$491/Sq Ft Est. Value

About This Home

This home is located at 2 Melrose Place, Montclair, NJ 07042 and is currently estimated at $1,505,259, approximately $490 per square foot. 2 Melrose Place is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2003
Sold by
Fairweather Charles
Bought by
Bendena Lawrence and Bedena Patricia
Current Estimated Value
$1,505,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,480
Interest Rate
5.86%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Barol Investment Group
Bought by
Fairweather Charles and Fairweather Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%

Purchase Details

Closed on
May 24, 2001
Sold by
Vanvanjones Viola Van
Bought by
Barol Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.05%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bendena Lawrence $681,000 --
Fairweather Charles $680,000 --
Barol Investment Group Llc $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bendena Lawrence W $145,000
Open Bendena Lawrence $463,000
Closed Bendena Lawrence W $500,000
Closed Bendena Lawrence W $150,000
Closed Bendena Lawrence $54,480
Previous Owner Fairweather Charles $450,000
Previous Owner Barol Investment Group Llc $342,000
Source: Public Records

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 $27,652 $818,100 $291,000 $527,100
2022 $26,899 $818,100 $291,000 $527,100
2021 $26,433 $818,100 $291,000 $527,100
2020 $26,007 $818,100 $291,000 $527,100
2019 $25,737 $818,100 $291,000 $527,100
2018 $25,312 $818,100 $291,000 $527,100
2017 $24,783 $663,700 $242,000 $421,700
2016 $24,119 $663,700 $242,000 $421,700
2015 $23,402 $663,700 $242,000 $421,700
2014 $22,619 $663,700 $242,000 $421,700
Source: Public Records

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