NOT LISTED FOR SALE

261 Grove St Montclair, NJ 07042

Estimated Value: $914,000 - $1,256,000

4 Beds
2 Baths
1,728 Sq Ft
$613/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $900,000 $521 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,345/month

7 Days on Market

About This Home

As of December 2023

This home is located at 261 Grove St, Montclair, NJ 07042 since 12 September 2023 and is currently estimated at $1,059,190, approximately $612 per square foot. This property was built in 1922. 261 Grove St is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

KATHLEEN MOORE

PROMINENT PROPERTIES SIR Brokerage Phone: 973-783-6900 Listed on: 09/12/2023

Last Buyer's Agent

Jamie Moreng

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,809

Year Built

  • Built in 1922

Lot Details

  • 8,494

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,809

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 261
  • I D: 5239031
  • Modified: 2024-12-02
  • Number Images: 1
  • Attribution Contact: 973-783-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 15, 2023
Sold by
Ramey Robert and Ramey Patricia
Bought by
Garrigan Jack and Connolly Julia
Seller's Agent
KATHLEEN MOORE
PROMINENT PROPERTIES SIR
Buyer's Agent
Jamie Moreng
EXP REALTY, LLC
List Price
$699,000
Sold Price
$900,000
Premium/Discount to List
$201,000
28.76%
Views
335
Current Estimated Value
$1,059,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,190
Avg. Annual Appreciation
10.58%
Original Mortgage
$500,000
Outstanding Balance
$493,531
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$565,659

Purchase Details

Closed on
Apr 28, 1993
Sold by
Meredith Carlton and Meredith Elizabeth
Bought by
Pearsall-Ramey Patricia
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
Garrigan Jack $900,000 Ridge Title
Pearsall-Ramey Patricia $219,500 --
Pearsall-Ramey Patricia $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrigan Jack $500,000
Previous Owner Pearsall Ramey Patricia $290,600
Previous Owner Pearsall Ramey Patricia $325,000
Previous Owner Pearsall Ramey Patricia $290,000
Previous Owner Ramey Patricia Pearsall $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $900,000 +28.8% $521 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $699,000 -- $405 / 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
2024 $17,809 $526,900 $283,400 $243,500
2022 $17,324 $526,900 $283,400 $243,500
2021 $17,024 $526,900 $283,400 $243,500
2020 $16,750 $526,900 $283,400 $243,500
2019 $16,576 $526,900 $283,400 $243,500
2018 $16,302 $526,900 $283,400 $243,500
2017 $15,638 $418,800 $273,000 $145,800
2016 $15,219 $418,800 $273,000 $145,800
2015 $14,767 $418,800 $273,000 $145,800
2014 $14,273 $418,800 $273,000 $145,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3864222

Garden State MLS

APN: 13-04512-0000-00022