NOT LISTED FOR SALE

21 Central Ave Montclair, NJ 07042

Estimated Value: $1,607,058 - $1,855,000

Studio
-- Bath
3,900 Sq Ft
$447/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $1,300,000 $333 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,213/month

16 Days on Market

About This Home

As of April 2022

This home is located at 21 Central Ave, Montclair, NJ 07042 since 28 January 2022 and is currently estimated at $1,742,015, approximately $446 per square foot. This property was built in 1926. 21 Central Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

SIBEL OZ

PROMINENT PROPERTIES SIR Brokerage Phone: 973-783-6900 Listed on: 01/28/2022

Last Buyer's Agent

Erin Crawford

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,708

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Essex
  • I D: 5125373
  • Attribution Contact: 973-783-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X168 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Apr 19, 2022
Sold by
21 Central Ave Montclair Inc
Bought by
Mcelroy Kaitlynn
Seller's Agent
SIBEL OZ
PROMINENT PROPERTIES SIR
Buyer's Agent
Erin Crawford
KELLER WILLIAMS - NJ METRO GROUP
List Price
$1,249,000
Sold Price
$1,300,000
Premium/Discount to List
$51,000
4.08%
Current Estimated Value
$1,742,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,015
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,040,000
Outstanding Balance
$984,256
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$757,759

Purchase Details

Closed on
Jun 9, 2005
Sold by
Alladin Kamaluddin
Bought by
Barol Investment Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,800
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 1997
Sold by
Henn Joyce
Bought by
Alladin Kamaluddin and Panchu Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1997
Sold by
Harris Arthur
Bought by
Mid Atlantic Realty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mcelroy Kaitlynn $1,300,000 Prestige Title
Barol Investment Grp Llc $601,000 --
Alladin Kamaluddin $160,000 --
Mid Atlantic Realty $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelroy Kaitlynn $1,040,000
Previous Owner Barol Investment Grp Llc $480,800
Previous Owner Alladin Kamaluddin $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $1,300,000 +4.1% $333 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $1,249,000 -- $320 / Sq Ft
Source: Garden State 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 $25,242 $746,800 $233,100 $513,700
2024 $25,242 $746,800 $233,100 $513,700
2022 $22,237 $676,300 $233,100 $443,200
2021 $21,851 $676,300 $233,100 $443,200
2020 $21,500 $676,300 $233,100 $443,200
2019 $21,276 $676,300 $233,100 $443,200
2018 $20,925 $676,300 $233,100 $443,200
2017 $18,069 $483,900 $166,100 $317,800
2016 $17,585 $483,900 $166,100 $317,800
2015 $17,062 $483,900 $166,100 $317,800
2014 $16,491 $483,900 $166,100 $317,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SIBEL OZ

    PROMINENT PROPERTIES SIR

  • Erin Crawford

    Buyer's Agent in 2022

    Erin Crawford

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 783-7400

    74 in this area

    115 Total Sales

    Erin Crawford
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Map

Source: Garden State MLS

MLS Number: 3761123

Garden State MLS

APN: 13-02303-0000-00034

New Jersey Essex County Montclair 07042

21 Central Ave, Montclair, NJ

Not Listed for Sale

MultiFamily

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