NOT LISTED FOR SALE

4 Grove Terrace Montclair, NJ 07042

Estimated Value: $949,272 - $1,060,000

-- Bed
-- Bath
2,682 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $634,000 $236 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,561/month

51 Days on Market

About This Home

As of December 2020

This home is located at 4 Grove Terrace, Montclair, NJ 07042 since 11 August 2020 and is currently estimated at $1,012,568, approximately $377 per square foot. This property was built in 1907. 4 Grove Terrace is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

MARY CATHERINE KELLY

EXP REALTY, LLC Brokerage Phone: 973-539-1120 Listed on: 08/11/2020

Co-Listed By

CAITLIN HAGGERTY

EXP REALTY, LLC Brokerage Phone: 973-539-1120

Last Buyer's Agent

MICHELINA PIROINO

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,311

Year Built

  • Built in 1907

Lot Details

  • 5,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,311

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • Street Number Display: 4
  • I D: 5004734
  • Modified: 2021-12-23
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 47X119 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Dec 21, 2020
Sold by
Somerville Candice and Somerville Mary Betli
Bought by
Narcisco David and Reily Allison
Seller's Agent
MARY CATHERINE KELLY
EXP REALTY, LLC
Buyer's Agent
MICHELINA PIROINO
KELLER WILLIAMS TEAM REALTY
List Price
$699,000
Sold Price
$634,000
Premium/Discount to List
-$65,000
-9.3%
Current Estimated Value
$1,012,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,568
Avg. Annual Appreciation
10.29%
Original Mortgage
$500,000
Outstanding Balance
$446,252
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$566,316

Purchase Details

Closed on
Jun 27, 2008
Sold by
Sanderson Mark A
Bought by
Somerville Candice and Somerville Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2004
Sold by
4 Grove Terr
Bought by
Sanderson Mark and Sanderson Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.88%

Purchase Details

Closed on
Apr 24, 1989
Sold by
Testa Joseph A and Patricia Ann
Bought by
Geller David S and Geller Anne M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Narcisco David $634,000 Title Guarantee
Somerville Candice $420,500 Chicago Title Insurance Co
Sanderson Mark $375,000 --
Geller David S $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narcisco David $500,000
Previous Owner Sanderson Mark $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $634,000 -9.3% $236 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $699,000 -- $261 / 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 $14,311 $423,400 $178,500 $244,900
2024 $14,311 $423,400 $178,500 $244,900
2022 $13,921 $423,400 $178,500 $244,900
2021 $13,680 $423,400 $178,500 $244,900
2020 $12,500 $393,200 $178,500 $214,700
2019 $12,370 $393,200 $178,500 $214,700
2018 $12,166 $393,200 $178,500 $214,700
2017 $10,534 $282,100 $113,500 $168,600
2016 $10,252 $282,100 $113,500 $168,600
2015 $10,356 $293,700 $113,500 $180,200
2014 $10,009 $293,700 $113,500 $180,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MARY CATHERINE KELLY

    EXP REALTY, LLC

  • C

    Seller Co-Listing Agent in 2020

    CAITLIN HAGGERTY

    EXP REALTY, LLC

  • M

    Buyer's Agent in 2020

    MICHELINA PIROINO

    KELLER WILLIAMS TEAM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3655502

Garden State MLS

APN: 13-04203-0000-00007

New Jersey Essex County Montclair 07042

4 Grove Terrace, Montclair, NJ

This home is located at 4 Grove Terrace, Montclair, NJ 07042 since 11 August 2020 and is currently estimated at $1,012,568, approximately $377 per square foot. This property was built in 1907. 4 Grove Terrace is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

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