$1,275,000
SOLD NOV 2, 2020 RENTED NOV 24, 2024

38 Forest St Montclair, NJ 07042

-- Bed
-- Bath
2,588 Sq Ft
0.29 Acres

Recently Sold

$493 Per Sq Ft

2% Above List Price

10 Days on Market

About This Home

As of November 2020

This home is located at 38 Forest St, Montclair, NJ 07042 and is currently priced at $1,275,000, approximately $492 per square foot. This property was built in 1878. 38 Forest 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

Roman Drukarov

BHHS FOX & ROACH Brokerage Phone: 973-992-6363 Listed on: 08/05/2020

BHHS FOX & ROACH

Last Buyer's Agent

TAMARA BIGMAN

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,832

Year Built

  • Built in 1878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,832

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Year Built: 1878
  • County Name: Essex
  • Street Number Display: 38
  • I D: 5005363
  • Modified: 2021-11-03
  • Number Images: 0
  • Attribution Contact: 973-992-6363
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X256 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 28, 2020
Sold by
Szymanski Wojciech and 38 Forest Street Trust
Bought by
Cordo Michael and Cordo Martha
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%
Total Days on Market
10
Current Estimated Value
$1,557,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,140
Avg. Annual Appreciation
4.43%
Original Mortgage
$920,000
Outstanding Balance
$804,597
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$752,543
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,275,000 True North Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $920,000 New Conventional
Previous Owner $765,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $297,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
07/17/2018 07/17/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $362,500 -- $140 / 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 $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

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Map

Source: Garden State MLS

MLS Number: 3654077

Garden State MLS

APN: 13-03201-0000-00022