2 Park Terrace Montclair, NJ 07043
Estimated Value: $1,153,828 - $1,496,000
--
Bed
--
Bath
1,617
Sq Ft
$822/Sq Ft
Est. Value
About This Home
This home is located at 2 Park Terrace, Montclair, NJ 07043 and is currently estimated at $1,329,707, approximately $822 per square foot. 2 Park Terrace is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2012
Sold by
Kim Richard Y and Kim Sarah F
Bought by
Place Bryan Craig and Place Katherine M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,219
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 20, 2007
Sold by
Heffernan John and Heffernan Josephine Cuozzo
Bought by
Kim Richard Y and Kim Sarah F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,800
Interest Rate
6.78%
Mortgage Type
Unknown
Purchase Details
Closed on
May 17, 1999
Sold by
Renwick Nancy
Bought by
Puma Corp
Purchase Details
Closed on
Oct 31, 1995
Sold by
Sousa Peggy
Bought by
Heffernan John and Heffernan Josephine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
7.62%
Purchase Details
Closed on
Sep 25, 1991
Sold by
Sousa Joan C and Sousa Peggy
Bought by
Sousa Peggy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Place Bryan Craig | $579,000 | Westcor Land Title Ins Co | |
| Kim Richard Y | $651,000 | Chicago Title Insurance Co | |
| Puma Corp | $77,000 | -- | |
| Heffernan John | $243,000 | -- | |
| Sousa Peggy | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Place Bryan Craig | $652,000 | |
| Closed | Place Bryan Craig | $99,624 | |
| Closed | Place Bryan C | $592,439 | |
| Closed | Place Bryan Craig | $530,219 | |
| Previous Owner | Kim Richad Y | $417,000 | |
| Previous Owner | Kim Richard Y | $493,000 | |
| Previous Owner | Kim Richard Y | $520,800 | |
| Previous Owner | Heffernan John | $219,000 |
Source: Public Records
Tax History Compared to Growth
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 | $21,683 | $641,500 | $404,100 | $237,400 |
| 2024 | $21,683 | $641,500 | $404,100 | $237,400 |
| 2022 | $21,093 | $641,500 | $404,100 | $237,400 |
| 2021 | $20,727 | $641,500 | $404,100 | $237,400 |
| 2020 | $20,393 | $641,500 | $404,100 | $237,400 |
| 2019 | $20,182 | $641,500 | $404,100 | $237,400 |
| 2018 | $19,848 | $641,500 | $404,100 | $237,400 |
| 2017 | $20,164 | $540,000 | $353,000 | $187,000 |
| 2016 | $19,624 | $540,000 | $353,000 | $187,000 |
| 2015 | $19,040 | $540,000 | $353,000 | $187,000 |
| 2014 | $18,403 | $540,000 | $353,000 | $187,000 |
Source: Public Records
Map
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