NOT LISTED FOR SALE

262 S Mountain Ave Montclair, NJ 07042

Estimated Value: $2,024,933 - $2,461,000

4 Beds
5 Baths
3,766 Sq Ft
$587/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2021

Last sale price $1,470,000 $390 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $15,021 / mo

28 Days on Market

About This Home

As of January 2021

This home is located at 262 S Mountain Ave, Montclair, NJ 07042 since 31 October 2020 and is currently estimated at $2,210,483, approximately $586 per square foot. This property was built in 1937. 262 S Mountain Ave is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Last Agent to Sell the Property

Chris Lane

COMPASS NEW JERSEY LLC Brokerage Phone: 973-310-7360 Listed on: 10/31/2020

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Chris Lane

COMPASS NEW JERSEY LLC Brokerage Phone: 973-310-7360 Listed on: 10/31/2020

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.42

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0.42 Acres

Listing Details

  • Year Built: 1937
  • County Name: Essex
  • I D: 5028911
  • Attribution Contact: 973-310-7360
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 122X150 IRR

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jan 16, 2021
Sold by
Bought by
Seller's Agent
Chris Lane
COMPASS NEW JERSEY LLC
Buyer's Agent
Chris Lane
COMPASS NEW JERSEY LLC
List Price
$1,399,000
Sold Price
$1,470,000
Premium/Discount to List
$71,000
5.08%
Current Estimated Value
$2,210,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,483
Avg. Annual Appreciation
7.91%
Original Mortgage
$822,000
Outstanding Balance
$733,912
Interest Rate
2.6%
Estimated Equity
$1,476,571

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jan 15, 2021
Sold by
Bought by
Seller's Agent
Chris Lane
COMPASS NEW JERSEY LLC
Buyer's Agent
Chris Lane
COMPASS NEW JERSEY LLC
List Price
$1,399,000
Sold Price
$1,470,000
Premium/Discount to List
$71,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$733,912
Interest Rate
2.6%
Estimated Equity
$1,476,571

Purchase Details

Closed on
Jul 27, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,100
Interest Rate
4.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,480,000 Old Republic Title
$1,480,000 Old Republic National
$957,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $822,000
Closed $822,000
Closed $822,000
Previous Owner $47,100
Previous Owner $706,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $1,470,000 +5.1% $390 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $1,399,000 -- $371 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $37,249 $1,094,600 $345,200 $749,400
2024 $36,474 $1,079,100 $345,200 $733,900
2022 $35,481 $1,079,100 $345,200 $733,900
2021 $34,866 $1,079,100 $345,200 $733,900
2020 $34,305 $1,079,100 $345,200 $733,900
2019 $33,948 $1,079,100 $345,200 $733,900
2018 $33,387 $1,079,100 $345,200 $733,900
2017 $32,348 $866,300 $358,500 $507,800
2016 $31,481 $866,300 $358,500 $507,800
2015 $30,546 $866,300 $358,500 $507,800
2014 $29,524 $866,300 $358,500 $507,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Lane

    Seller's Agent in 2021

    Chris Lane

    COMPASS NEW JERSEY LLC

    (973) 738-6989

    67 in this area

    188 Total Sales

    Chris Lane
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Map

Source: Garden State MLS

MLS Number: 3675696

Garden State MLS

APN: 13-00104-0000-00005

New Jersey Essex County Montclair 07042

262 S Mountain Ave, Montclair, NJ

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