NOT LISTED FOR SALE

22 Montclair Ave Montclair, NJ 07042

Estimated Value: $1,140,000 - $1,458,000

-- Bed
-- Bath
2,974 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $773,000 $260 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,608/month

24 Days on Market

About This Home

As of October 2021

This home is located at 22 Montclair Ave, Montclair, NJ 07042 since 16 July 2021 and is currently estimated at $1,298,712, approximately $436 per square foot. This property was built in 1850. 22 Montclair 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

Alan Ash

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 07/16/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Laurena White

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,983

Year Built

  • Built in 1850

Lot Details

  • 0.29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,983

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Year Built: 1850
  • County Name: Essex
  • Street Number Display: 22
  • I D: 5088668
  • Modified: 2022-10-21
  • Number Images: 1
  • Attribution Contact: 973-233-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 73X188 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 12, 2021
Sold by
Bellofatto Albert R and Last Will & Testament Of Glori
Bought by
Clare Mckay Llc
Seller's Agent
Alan Ash
COLDWELL BANKER REALTY
Buyer's Agent
Laurena White
PROMINENT PROPERTIES SIR
List Price
$699,000
Sold Price
$773,000
Premium/Discount to List
$74,000
10.59%
Current Estimated Value
$1,298,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,712
Avg. Annual Appreciation
14.11%
Original Mortgage
$733,000
Outstanding Balance
$671,322
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$627,390

Purchase Details

Closed on
Jul 24, 2020
Sold by
Bellofatto Gloria J and Bellofatto Albert R
Bought by
Bellofatto Albert R and Bellofatto Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,074
Interest Rate
3.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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
Clare Mckay Llc $773,000 Perfect Title Llc
Bellofatto Albert R -- Ridge Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clare Mckay Llc $733,000
Previous Owner Bellofatto Albert R $63,074
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $773,000 +10.6% $260 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $699,000 -- $235 / 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 $20,983 $629,000 $268,900 $360,100
2024 $20,983 $620,800 $268,900 $351,900
2022 $20,412 $620,800 $268,900 $351,900
2021 $20,058 $620,800 $268,900 $351,900
2020 $19,485 $620,800 $268,900 $351,900
2019 $19,280 $620,800 $268,900 $351,900
2018 $18,958 $620,800 $268,900 $351,900
2017 $20,813 $564,100 $295,100 $269,000
2016 $20,249 $564,100 $295,100 $269,000
2015 $19,640 $564,100 $295,100 $269,000
2014 $18,975 $564,100 $295,100 $269,000
Source: Public Records

Agents Affiliated with this Home

  • Alan Ash

    Seller's Agent in 2021

    Alan Ash

    COLDWELL BANKER REALTY

    (973) 509-3975

    12 in this area

    18 Total Sales

    Alan Ash
    Section Image
  • Laurena White

    Buyer's Agent in 2021

    Laurena White

    PROMINENT PROPERTIES SIR

    (973) 985-8637

    20 in this area

    50 Total Sales

    Laurena White
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3727992

Garden State MLS

APN: 13-03307-0000-00015

New Jersey Essex County Montclair 07042

22 Montclair Ave, Montclair, NJ

This home is located at 22 Montclair Ave, Montclair, NJ 07042 since 16 July 2021 and is currently estimated at $1,298,712, approximately $436 per square foot. This property was built in 1850. 22 Montclair Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

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