NOT LISTED FOR SALE

38 Forest St Unit 2 Montclair, NJ 07042

Estimated Value: $1,249,000 - $2,017,000

4 Beds
2.5 Baths
-- Sq Ft
0.29 Acres

Highlights

  • Cooling Available
  • En-Suite Primary Bedroom
  • Washer and Dryer
  • Hillside School Rated A
  • Forced Air Heating System

About This Home

As of July 2023

This beautifully renovated property is ideally located in the heart of Montclair close to Walnut St train station, a farmer's market, the best restaurants, shops, and vibrant Walnut St and downtown. The open living space provides a convenient lifestyle with high end finishes and smart upgrades. Sunny and spacious, with excellent remote work options, an enormous backyard and patio, and laundry in the unit. Rent includes most electric costs, lawn maintenance and snow removal. Available Sept 1.

Last Agent to Rent the Property

Karin Diana-Toder

Compass New Jersey, LLC-Montclair Listed on: 06/29/2023

Compass New Jersey, LLC-Montclair

Last Renter's Agent

Caitlin DiRuggiero

CityWest Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1878

Lot Details

  • 0.29

Parking

  • 1 Open Parking Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling Available
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1878

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Water, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (973) 310-7360
  • MLS Status: Leased - Leased
  • Directions: Claremont Ave to Forest St.
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1878

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 1.0
  • Parking Features: Parking Spaces

Utilities

  • Cooling: Electric
  • Heating: Electric, Hot Air

Lot Info

  • Lot: 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
38 Forest Street Trust and Szymanski Wojciech
Bought by
Cordo Michael and Cordo Martha
Current Estimated Value
$1,590,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$826,189
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$764,493
Source: Public Records
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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
Cordo Michael $1,275,000 True North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordo Michael $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Rented $6,250 +0.8% --
06/29/2023 06/29/23 For Rent $6,200 -- --
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 $23,832 $705,100 $212,900 $492,200
2024 $23,832 $705,100 $212,900 $492,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23020083

New Jersey MLS

APN: 13-03201-0000-00022