NOT LISTED FOR SALE

40 Brookfield Rd Unit 2 Montclair, NJ 07043

Estimated Value: $1,094,000 - $1,362,000

2 Beds
1 Bath
-- Sq Ft
7,231 Sq Ft Lot

About This Home

As of February 2024

Welcome to this spacious and charming second floor apartment with a prime location between Watchung Plaza and Upper Montclair. This unit features two bedrooms, living room, sun room, dining room, kitchen, and full bath. Beautiful hardwood floors, natural light and ample closet space. The basement offers storage and laundry facilities. The apartment is close to shops, restaurants, parks, and public transportation. Don't miss this opportunity to rent this beautiful unit!

Last Agent to Rent the Property

Paul Gold

Prominent Properties Sotheby's International Realty-Montclair Listed on: 02/12/2024

Prominent Properties Sotheby's International Realty-Montclair

Co-Listed By

Kathleen McDonough

Prominent Properties Sotheby's International Realty-Montclair

Prominent Properties Sotheby's International Realty-Montclair

Last Renter's Agent

Kathleen McDonough

Prominent Properties Sotheby's International Realty-Montclair

Prominent Properties Sotheby's International Realty-Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,617

Year Built

  • 1924

Lot Details

  • 7,231

Parking

  • 1 Open Parking Space

Home Design

Interior Spaces

  • Gas Fireplace
  • Laundry in Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Magnet Elementary School
  • Magnet Middle School
  • Montclair High School

Utilities

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,617

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: In Basement
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: None
  • Reso Association Amenities: None
  • Reso Pets Allowed: O/See Rmks
  • Co List Office Phone: (973) 783-6900
  • MLS Status: Leased - Leased
  • Directions: Brookfield between Valley and Edgemont
  • Reso Fireplace Features: Gas
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1924

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Magnet E.S.
  • High School: Montclair H.S.
  • Middle Or Junior School: Magnet
  • Elementary: Magnet E.S.

Lot Info

  • Lot: 00019

MLS Schools

  • High School Text: Montclair H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
Lynch Grace E and Lynch Anna
Bought by
Vanhamburg Tate Van and Vanhamburg Jennifer Van
Current Estimated Value
$1,265,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Outstanding Balance
$379,467
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$885,577

Purchase Details

Closed on
Mar 4, 2011
Sold by
Curry John
Bought by
Lynch Grace and Lynch Anna

Purchase Details

Closed on
Jan 29, 2004
Sold by
Sahlman Jerome
Bought by
Lynch Grace and Lynch Anna

Purchase Details

Closed on
Oct 16, 2003
Sold by
Loiacono Josephine
Bought by
Sahlman Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
Vanhamburg Tate Van $826,000 Westcor Land Title
Lynch Grace -- None Available
Lynch Grace $530,000 --
Sahlman Jerome $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhamburg Tate Van $426,000
Previous Owner Sahlman Jerome $391,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Rented $2,800 +12.0% --
02/12/2024 02/12/24 For Rent $2,500 -- --
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 $17,617 $521,200 $302,800 $218,400
2024 $17,617 $521,200 $302,800 $218,400
2022 $17,137 $521,200 $302,800 $218,400
2021 $16,840 $521,200 $302,800 $218,400
2020 $16,569 $521,200 $302,800 $218,400
2019 $16,397 $521,200 $302,800 $218,400
2018 $16,135 $521,500 $302,800 $218,700
2017 $16,422 $439,800 $253,700 $186,100
2016 $15,982 $439,800 $253,700 $186,100
2015 $15,507 $439,800 $253,700 $186,100
2014 $14,988 $439,800 $253,700 $186,100
Source: Public Records

Agents Affiliated with this Home

  • Paul Gold

    Landlord's Agent in 2024

    Paul Gold

    Prominent Properties Sotheby's International Realty-Montclair

    (973) 900-4629

    44 in this area

    78 Total Sales

    Paul Gold
    Section Image
  • Kathleen McDonough

    Landlord's Co-Listing Agent in 2024

    Kathleen McDonough

    Prominent Properties Sotheby's International Realty-Montclair

    (973) 233-1164

    67 in this area

    106 Total Sales

    Kathleen McDonough
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24004272

New Jersey MLS

APN: 13-01703-0000-00019

New Jersey Essex County Montclair 07043

40 Brookfield Rd Unit 2, Montclair, NJ

This home is located at 40 Brookfield Rd Unit 2, Montclair, NJ 07043 since 12 February 2024 and is currently priced at $1,265,044. This property was built in 1924. 40 Brookfield Rd Unit 2 is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

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

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