$1,094,000 - $1,362,000
RENTED JUL 17, 2025

40 Brookfield Rd Montclair, NJ 07043

2 Beds
1 Bath
2,645 Sq Ft
$478 Price per Sq Ft

Last Sold January 19, 2021

Last sale price $826,000 $312 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,202/month

About This Home

As of July 2025

Welcome to this spacious and charming second floor apartment with a prime location between Watchung Plaza and Upper Montclair. This second floor 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. New furnace and dishwasher. The apartment is close to shops, restaurants, parks, and public transportation. Don't miss this opportunity to rent this beautiful, sunny, we;; managed unit!

Last Agent to Rent the Property

Kathleen McDonough

Prominent Properties Sotheby's International Realty-Montclair Listed on: 06/26/2025

Prominent Properties Sotheby's International Realty-Montclair

Last Renter's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $17,617

Year Built

  • 1924

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$17,617

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Apartment
  • ResoLaundryFeatures: See Remarks
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: None
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: 973-783-6900
  • MLS Status: Leased - Leased
  • Directions: Brookfield between Valley and Edgemont
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

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

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 19, 2021
Sold by
Lynch Grace E and Lynch Anna
Bought by
Vanhamburg Tate Van and Vanhamburg Jennifer Van
Seller's Agent
JANE M. WALLACE
WEST OF HUDSON REAL ESTATE
Buyer's Agent
Kathleen McDonough
PROMINENT PROPERTIES SIR
List Price
$699,000
Sold Price
$826,000
Premium/Discount to List
$127,000
18.17%
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.
Estimated Appreciation
$439,044
Avg. Annual Appreciation
9.47%
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 Prior Sale
07/17/2025 07/17/25 Rented -- -- --
06/26/2025 06/26/25 For Rent $2,850 0.0% --
01/19/2021 01/19/21 Sold $826,000 +18.2% $312 / Sq Ft View Prior Sale
11/06/2020 11/06/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $699,000 -- $264 / Sq Ft
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

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Map

Source: New Jersey MLS

MLS Number: 25022387

New Jersey MLS

APN: 13-01703-0000-00019