NOT LISTED FOR SALE

225 Montclair Ave Unit 227 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $616,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold January 24, 2024

Last sale price $590,000

Est. 4% increase in value since last sale

Current estimated payment $4,014/month

9 Days on Market

About This Home

As of January 2024

This home is located at 225 Montclair Ave Unit 227, Newark, NJ 07104 since 25 October 2023 and is currently estimated at $616,000. 225 Montclair Ave Unit 227 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

Gerald Denicola, II

BHHS FOX & ROACH Brokerage Phone: 973-744-5544 Listed on: 10/25/2023

BHHS FOX & ROACH

Co-Listed By

Lisa Verhagen

BHHS FOX & ROACH Brokerage Phone: 973-744-5544

Last Buyer's Agent

KIMBERLY TAYLOR

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,885

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,885

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 225
  • I D: 5249776
  • Modified: 2025-01-25
  • Number Images: 25
  • Attribution Contact: 973-744-5544
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X125
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 11, 2024
Sold by
Capriglione Terese
Bought by
Islam Muhaimin
Seller's Agent
Gerald Denicola, II
BHHS FOX & ROACH
Buyer's Agent
KIMBERLY TAYLOR
COLDWELL BANKER REALTY
List Price
$539,000
Sold Price
$590,000
Premium/Discount to List
$51,000
9.46%
Views
78
Current Estimated Value
$616,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000
Avg. Annual Appreciation
2.84%
Original Mortgage
$501,500
Outstanding Balance
$493,127
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$122,873

Purchase Details

Closed on
Jul 20, 2001
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
Islam Muhaimin $590,000 None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Muhaimin $501,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $590,000 +9.5% --
11/14/2023 11/14/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $539,000 -- --
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 $7,885 $211,500 $63,300 $148,200
2024 $7,885 $211,500 $63,300 $148,200
2022 $7,902 $211,500 $63,300 $148,200
2021 $7,897 $211,500 $63,300 $148,200
2020 $8,037 $211,500 $63,300 $148,200
2019 $7,955 $211,500 $63,300 $148,200
2018 $7,811 $211,500 $63,300 $148,200
2017 $7,529 $211,500 $63,300 $148,200
2016 $7,276 $211,500 $63,300 $148,200
2015 $6,999 $211,500 $63,300 $148,200
2014 $6,559 $211,500 $63,300 $148,200
Source: Public Records

Agents Affiliated with this Home

  • Gerald Denicola, II

    Seller's Agent in 2024

    Gerald Denicola, II

    BHHS FOX & ROACH

    (201) 575-9444

    1 in this area

    44 Total Sales

    Section Image
  • Lisa Verhagen

    Seller Co-Listing Agent in 2024

    Lisa Verhagen

    BHHS FOX & ROACH

    (973) 722-2130

    1 in this area

    68 Total Sales

    Section Image

  • K

    Buyer's Agent in 2024

    KIMBERLY TAYLOR

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3871379

Garden State MLS

APN: 14-00812-0000-00040

New Jersey Essex County Newark 07104 Forest Hill

225 Montclair Ave Unit 227, Newark, NJ

This home is located at 225 Montclair Ave Unit 227, Newark, NJ 07104 since 25 October 2023 and is currently estimated at $616,000. 225 Montclair Ave Unit 227 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and Rafael Hernandez School.

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