NOT LISTED FOR SALE

38 Prospect Ave Montclair, NJ 07042

Estimated Value: $1,684,000 - $2,154,000

5 Beds
3.5 Baths
3,672 Sq Ft
$514/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $1,550,000 $422 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,618/month

58 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Jetted Tub in Primary Bathroom
  • Hillside School Rated A
  • Wood Flooring
  • 4-minute walk to Graz Park

About This Home

As of March 2019

This Couture Colonial is move in ready & awaits its lucky new owner. In fashionable Montclair, known for its Mid-town Direct trains, amazing restaurants,nightlife & arts. It is "THE" Cultural Center outside of NYC. This totally redone Colonial boasts 5 bedrooms & 3.1 baths. With its bespoke kitchen and baths it is furnished with the highest finishes of cabinetry and fixtures. Needless to say all the original hardwood floors and mouldings are still in place and finished to the highest level. The ultimate entertaining house has plenty of outdoor space with its blue stone terraces and lush grounds. This is the perfect time to enjoy the high life in this pristine totally done prestigious address. TAXES ONLY $25,823 !

Last Agent to Sell the Property

Sam Joseph

PROMINENT PROPERTIES SIR Listed on: 10/24/2018

Last Buyer's Agent

Maggie Sherman

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,823

Year Built

  • Built in 1922

Lot Details

  • 0.41

Parking

  • 2 Car Detached Garage
  • Inside Entrance

Home Design

  • Colonial Architecture
  • Clapboard

Interior Spaces

  • Beamed Ceilings
  • High Ceiling
  • Track Lighting
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Multiple Heating Units
  • Gas Water Heater

Additional Features

  • Patio
  • 0.41 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1613-00406-0000-00010-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,823

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1922
  • County Name: Essex
  • Exclusions: Bedroom chandellier
  • Directions: Bloomfield Ave to Prospect
  • I D: 4847931
  • First Name: SAM
  • First Name3: MARGARET
  • Last Name: JOSEPH
  • Last Name3: SHERMAN D AQUILA
  • Office Phone: 973-744-5544
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Stone, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Disposal, Kitchen Exhaust Fan, Stackable Washer/Dryer, Microwave Oven, Sump Pump, WineRefr
  • Interior Amenities: Drapes, Beam Ceilings, Walk-In Closet, Security System, StallTub, Window Treatments, Carbon Monoxide Detector, High Ceilings, Track Lighting
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Walkout, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 21x27
  • Kitchen Level: First
  • Living Room Dim: 13x25
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x17
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x13
  • Other Room2 Level: Third
  • Other Room 3: Attic
  • Other Room3 Level: Third
  • Other Room 4: Bathroom
  • Other Room4 Level: Third
  • Level 1 Rooms: Foyer, Living Room, Dining Room, InsdEntr, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Attic, Bath(s) Other
  • Phone: 973-744-5544

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Patio, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 8
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 95X190
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.41

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 25823
  • Assessor Parcel Number: 1613-00406-0000-00010-0000-
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Mar 12, 2019
Sold by
Tebano Guido and Pieretti Chad M
Bought by
Hirsch Joshua and Leon Jenny R
Seller's Agent
Sam Joseph
PROMINENT PROPERTIES SIR
Buyer's Agent
Maggie Sherman
COMPASS NEW JERSEY LLC
List Price
$1,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$49,000
-3.06%
Current Estimated Value
$1,888,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,703
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
May 11, 2016
Closed on
Aug 29, 2016
Sold by
Leary Michael O and Leary Joni O
Bought by
Tebano Guido
Seller's Agent
JANET SKLAR
COLDWELL BANKER REALTY
Buyer's Agent
Erin Crawford
KELLER WILLIAMS - NJ METRO GROUP
List Price
$869,000
Sold Price
$785,000
Premium/Discount to List
-$84,000
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.86%

Purchase Details

Closed on
Aug 31, 2009
Sold by
Oleary Michael P
Bought by
Oleary Michael P and Oleary Joni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1999
Sold by
Demonti John
Bought by
O'Leary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.83%

Purchase Details

Closed on
Jun 18, 1993
Sold by
Sargent Edith B
Bought by
Yastine Barbara A and Damonti,John Hw
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hirsch Joshua $1,550,000 American Land Title Affiliat
Tebano Guido $785,000 Fidelity National Title
Oleary Michael P -- Land Title Agency Inc
O'Leary Michael $395,000 --
Yastine Barbara A $481,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oleary Michael P $320,000
Previous Owner O'Leary Michael $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2019 03/15/19 Sold $1,550,000 -3.1% $422 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $1,599,000 +103.7% $435 / Sq Ft
09/27/2016 09/27/16 Sold $785,000 -9.7% $214 / Sq Ft View Prior Sale
07/20/2016 07/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $869,000 -- $237 / 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
2025 $32,901 $973,400 $491,100 $482,300
2024 $32,901 $973,400 $491,100 $482,300
2022 $32,005 $973,400 $491,100 $482,300
2021 $31,451 $973,400 $491,100 $482,300
2020 $30,944 $973,400 $491,100 $482,300
2019 $26,817 $852,400 $491,100 $361,300
2018 $26,027 $841,200 $491,100 $350,100
2017 $29,237 $783,000 $348,900 $434,100
2016 $28,454 $783,000 $348,900 $434,100
2015 $27,609 $783,000 $348,900 $434,100
2014 $26,685 $783,000 $348,900 $434,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3511429

Garden State MLS

APN: 13-00406-0000-00010