NOT LISTED FOR SALE

38 Forest St Montclair, NJ 07042

Estimated Value: $1,685,261

4 Beds
2.5 Baths
2,588 Sq Ft
$651/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2020

Last sale price $1,275,000 $493 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $11,169 / mo

Highlights

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

About This Home

As of November 2024

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 modern open living space provides a convenient lifestyle with high end finishes and smart upgrades. Sunny and spacious, a primary en-suite and great closet space, many remote work options, an enormous backyard with a patio, and laundry in the unit. Rent includes a majority of the electric costs (due to solar panels that absorb a significant portion of the cost), lawn maintenance and snow removal plus 1 car garage! Available December 1, 2024

Last Agent to Rent the Property

Roman Drukarov

Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston Listed on: 10/02/2024

Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston

Last Renter's Agent

Roman Drukarov

Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston Listed on: 10/02/2024

Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston

Property Details

Home Type

  • Multi-Family

Year Built

  • 1878

Lot Details

  • 0.29

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Property Details

Home Type

Multi-Family

Year Built

1878

Lot Details

0.29 Acres

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (973) 992-6363
  • MLS Status: Leased - Leased
  • Directions: Forest St
  • Reso Fireplace Features: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1878

Interior Features

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

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features: Detached

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Lot Info

  • Lot: 00022

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
Aug 5, 2020
Closed on
Oct 28, 2020
Sold by
Bought by
Seller's Agent
Roman Drukarov
BHHS FOX & ROACH
Buyer's Agent
TAMARA BIGMAN
KELLER WILLIAMS REALTY
List Price
$1,250,000
Sold Price
$1,275,000
Premium/Discount to List
$25,000
2%
Current Estimated Value
$1,685,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,261
Avg. Annual Appreciation
5.04%
Original Mortgage
$920,000
Outstanding Balance
$826,189
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$859,072
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

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
$1,275,000 True North Title
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 $920,000
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 Prior Sale
11/24/2024 11/24/24 Rented $6,500 0.0% --
10/02/2024 10/02/24 For Rent $6,500 0.0% --
11/02/2020 11/02/20 Sold $1,275,000 +2.0% $493 / Sq Ft View Prior Sale
08/15/2020 08/15/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $1,250,000 +244.8% $483 / Sq Ft
07/17/2018 07/17/18 Sold $362,500 0.0% $140 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $362,500 -- $140 / Sq Ft
Source: New Jersey 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 $24,791 $705,100 $212,900 $492,200
2024 $23,832 $705,100 $212,900 $492,200
2022 $23,184 $705,100 $212,900 $492,200
2021 $22,782 $705,100 $212,900 $492,200
2020 $22,313 $701,900 $212,900 $489,000
2019 $11,250 $357,600 $212,900 $144,700
2018 $13,991 $452,200 $212,900 $239,300
2017 $13,446 $366,800 $130,700 $236,100
2016 $13,080 $366,800 $130,700 $236,100
2015 $12,683 $366,800 $130,700 $236,100
2014 $12,251 $366,800 $130,700 $236,100
Source: Public Records

Agents Affiliated with this Home

  • Roman Drukarov

    Landlord's Agent in 2024

    Roman Drukarov

    Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston

    (973) 454-3218

    74 Total Sales

    Roman Drukarov
    Section Image

  • T

    Buyer's Agent in 2020

    TAMARA BIGMAN

    KELLER WILLIAMS REALTY

  • M

    Buyer Co-Listing Agent in 2020

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • Angela D'Aries

    Seller's Agent in 2018

    Angela D'Aries

    PROMINENT PROPERTIES SIR

    (973) 650-8898

    62 Total Sales

    Angela D'Aries
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24031879

New Jersey MLS

APN: 13-03201-0000-00022

New Jersey Essex County Montclair 07042

38 Forest St, Montclair, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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