$735,000
SOLD JAN 13, 2025

20 Lexington Ave Montclair, NJ 07042

6 Beds
3.5 Baths
2,245 Sq Ft
8,320 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

1% Above List Price

171 Days on Market

About This Home

As of January 2025

Come finish the story and enjoy your OWN "happily ever after" in this premiere South End neighborhood! Opportunity is knocking for all visionaries & investors w/ this 6 bed/3.5 bath fixer that is NOT to be missed. Situated on a deep lot (over 200'), this property was originally designed as a single-family, and the home currently has 6 BRs and is plumbed for 3.5 baths. Beveled glass entrance doors, tile foyer, cross-buck ceiling & plate rail in DR, leaded glass windows and FP in LR and HW fls on 2nd/3rd fl. This is your chance to either keep it as a single-family home w/ a legal rentable apartment in basement, or create 2 duplex apartments as an investment property. The roof, siding, windows and AC/heating ductwork are all BRAND NEW - now all it needs is to be finished with your specs and details. 1st floor has entrance hall, DR, LR, bath, spacious kitchen and laundry room off the back. 2nd floor- 4 BRs, bath. 3rd fl has 1 BR, bath. Basement has 1 BR, bath.

Last Agent to Sell the Property

Gary Martin

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair Listed on: 06/10/2024

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

Last Buyer's Agent

Gary Martin

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair Listed on: 06/10/2024

Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,235

Lot Details

  • 8,320 Sq Ft Lot
  • Lot Dimensions are 40 x 208

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00039 / 03004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,235

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-744-5544
  • MLS Status: Sold - Sold
  • Directions: Elm or Maple to Lexington Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 40 x 208
  • Lot Size Sq Ft: 8320.0

Tax Info

  • Tax Annual Amount: 12235.0
  • Tax Block: 03004
  • Tax Lot: 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jan 13, 2025
Sold by
Exclusively Ats Holdings Llc
Bought by
Ctjt Development Llc
Seller's Agent
Gary Martin
Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
Buyer's Agent
Gary Martin
Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Views
246
Current Estimated Value
$780,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,889
Avg. Annual Appreciation
6.96%
Original Mortgage
$975,000
Outstanding Balance
$553,687
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$227,202

Purchase Details

Closed on
Aug 9, 2021
Sold by
Stanley Anthony
Bought by
Exclusively Ats Holdings Llc

Purchase Details

Listed on
Jun 13, 2020
Closed on
Jul 23, 2020
Sold by
Residential Capital Management Group Lp
Bought by
Stanley Anthony
Seller's Agent
Kimberlee Mcclellan
AI BROKERS LLC
Buyer's Agent
Gary Martin
BHHS FOX & ROACH
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%

Purchase Details

Closed on
Jun 14, 2006
Sold by
Swain Sirena Wilborn
Bought by
Poinson Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,550
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2000
Sold by
Estate Of Marie M Leach
Bought by
Welborn Robert H and Swain Sirena Welborn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $735,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $380,000 Realsafe Title Llc
Deed $409,000 --
Deed $183,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 Construction
Previous Owner $388,550 New Conventional
Previous Owner $169,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2025 01/13/25 Sold $735,000 +1.4% $327 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $725,000 0.0% $323 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $725,000 +90.8% $323 / Sq Ft
08/12/2020 08/12/20 Sold $380,000 -3.8% $169 / Sq Ft View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $395,000 0.0% $176 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $395,000 -- $176 / 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
2025 $12,236 $362,000 $134,500 $227,500
2024 $12,236 $362,000 $134,500 $227,500
2022 $11,903 $362,000 $134,500 $227,500
2021 $11,696 $362,000 $134,500 $227,500
2020 $12,099 $380,600 $134,500 $246,100
2019 $11,974 $380,600 $134,500 $246,100
2018 $11,776 $380,600 $134,500 $246,100
2017 $9,985 $267,400 $98,300 $169,100
2016 $9,717 $267,400 $98,300 $169,100
2015 $9,429 $267,400 $98,300 $169,100
2014 $9,113 $267,400 $98,300 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24018360

New Jersey MLS

APN: 13-03004-0000-00039