NOT LISTED FOR SALE

35-37 Portland Place Montclair, NJ 07042

Estimated Value: $1,187,000 - $1,287,000

6 Beds
4 Baths
-- Sq Ft
6,499 Sq Ft Lot

Last Sold January 11, 2023

Last sale price $980,000

Est. 25% increase in value since last sale

Current estimated payment $7,781/month

36 Days on Market

About This Home

As of January 2023

LOCATION !!! Heart of DOWNTOWN, 2 Family DUPLEX- side by side, which means you live like in a house (and not like in an apartment) with separate entrances, separate UTILITIES, each unit is 2 STORY +basement. Remodeled, KITCHENS-QUARTZ & granite counters, SS appl., FARM style, 2 zone central AC & heat, ( on1side) exposed BEAMS & BRICK, cathedral CEILING, skylights. Each side has a front PORCH, big BACKYARD with PATIO in the back. PARKING for 4+cars. Each unit has 2/3 BR ( 2 BR upstairs, 1 BR or full office downstairs 1+1/2 bath + semi finish basement, 1 BLOCK to NYC bus & YMCA, in a HEART of downtown boutique RESTAURANTS' & CAFFEEs" yoga & varies fitness & beauty studios, Whole Foods, Wellmont Theatre, Museum. NO need to ever LOOK for a PARKING because the house is right there, yet on a serene one way street. Few blocks from NYC Train & for hikers Eagle Rock RESERVATION & NY skyline views.

Last Agent to Sell the Property

Gregory Balderacchi

Homelister of NJ Inc Listed on: 10/13/2022

Co-Listed By

LISA SANSEVERE

Homelister of NJ Inc

Last Buyer's Agent

Angela Larkin

Brown Harris Stevens New Jersey

Brown Harris Stevens New Jersey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,786

Lot Details

  • 6,499 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00018 / 02214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,786

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (855) 400-8566
  • MLS Status: Sold - Sold
  • Directions: Bloomfield Ave to Midland to Portland Pl
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sde/Sde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Remarks: Fully finished

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 6499
  • Lot Size Sq Ft: 6499.0

Tax Info

  • Tax Annual Amount: 14786.0
  • Tax Block: 02214
  • Tax Lot: 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jan 5, 2023
Sold by
Kos Waldemar and Kos Walter
Bought by
Dada Adewale J and Cordova Samantha
Seller's Agent
Gregory Balderacchi
Homelister of NJ Inc
Buyer's Agent
Angela Larkin
Brown Harris Stevens New Jersey
List Price
$1,189,000
Sold Price
$980,000
Premium/Discount to List
-$209,000
-17.58%
Views
6
Current Estimated Value
$1,228,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,922
Avg. Annual Appreciation
8.24%
Original Mortgage
$962,249
Outstanding Balance
$929,857
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$299,065

Purchase Details

Closed on
Aug 30, 2002
Sold by
Integrated Dev Concept
Bought by
Kos Waldemar and Patelski Breta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.39%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Madison Brenda
Bought by
Devt Integrated
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dada Adewale J $980,000 Safe House Title
Kos Waldemar $280,000 --
Devt Integrated $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dada Adewale J $962,249
Previous Owner Kos Waldemar $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $980,000 -1.8% --
11/18/2022 11/18/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $998,000 -16.1% --
10/13/2022 10/13/22 For Sale $1,189,000 -- --
Source: New Jersey 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 $15,491 $659,600 $182,500 $477,100
2024 $15,491 $659,600 $182,500 $477,100
2022 $14,786 $449,700 $182,500 $267,200
2021 $14,530 $449,700 $182,500 $267,200
2020 $14,296 $449,700 $182,500 $267,200
2019 $14,148 $449,700 $182,500 $267,200
2018 $13,914 $449,700 $182,500 $267,200
2017 $14,241 $381,400 $145,000 $236,400
2016 $13,860 $381,400 $145,000 $236,400
2015 $13,448 $381,400 $145,000 $236,400
2014 $12,998 $381,400 $145,000 $236,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gregory Balderacchi

    Homelister of NJ Inc

    Section Image

  • L

    Seller Co-Listing Agent in 2023

    LISA SANSEVERE

    Homelister of NJ Inc

    Section Image
  • Angela Larkin

    Buyer's Agent in 2023

    Angela Larkin

    Brown Harris Stevens New Jersey

    (973) 818-5078

    6 in this area

    18 Total Sales

    Angela Larkin
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22037422

New Jersey MLS

APN: 13-02214-0000-00018

New Jersey Essex County Montclair 07042

35-37 Portland Place, Montclair, NJ

Not Listed for Sale

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