NOT LISTED FOR SALE

40 Oakwood Ave Montclair, NJ 07043

Estimated Value: $1,737,000 - $1,962,000

5 Beds
2.5 Baths
2,895 Sq Ft
$631/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,311,000 $453 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,191/month

6 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Home Office
  • Bradford School Rated A-
  • High Ceiling
  • Home Gym

About This Home

As of October 2020

This is your opportunity to be on one of the best streets in Montclair/5 min walk to Upper Montclair Village, NYC train + bus, parks, restaurants, boutiques & more. This 5 bed/ 2.5 bath home has an open layout that exudes warmth and charm. Features include expansive front porch, white kitchen with Viking stove and convection oven and plenty of storage. The 2nd floor has 3 expansive bedrooms with a large full bath w/ double sinks and a walk-in closet + 2nd flr W/D (2017). The 3rd floor space has 2 additional bedrooms + office with a sun-filled hall bath. This home also boasts a fantastic backyard area with stone patio. Full roof replacement with 50 year copper gutter warranty (2010), Central air (2016), Furnace (2009), New carpet on 2nd floor (6/20) and partially finished basement.

Last Agent to Sell the Property

Sidney Simon

WEST OF HUDSON REAL ESTATE Listed on: 08/05/2020

Last Buyer's Agent

Erin Crawford

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,212

Year Built

  • Built in 1902

Lot Details

  • Wood Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Wood Shingle Roof

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Blinds
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Front Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-01809-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,212

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1902
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Chicken coop to be removed prior to closing
  • Street Number Display: 40
  • Directions: Valley to Oakwood Avenue
  • I D: 5002684
  • Modified: 2021-10-10
  • Number Images: 24
  • Section Subdiv Development: Upper Montclair
  • First Name: SIDNEY
  • First Name3: ERIN
  • Last Name: SIMON
  • Last Name3: CRAWFORD
  • Office Phone: 973-337-6035
  • Office Phone3: 973-634-1017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Exercise Room, Family Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Office
  • Other Room2 Level: Third
  • Other Room 3: Den
  • Other Room3 Level: Basement
  • Other Room 4: SittngRm
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Kitchen, Living Room, OutEntrn, Pantry, Porch, Powder Room, SittngRm
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Laundry Room
  • Level 3 Rooms: 2 Bedrooms, Bath Main, Office
  • Phone: 973-337-6035

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Open Porch(es), Patio, Sidewalk, Storage Shed, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

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

Schools

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

Lot Info

  • Lot Size: 75X164 IRR
  • Assessed Improvement Value: 390000
  • Assessed Land Value: 411400
  • Assessment: 801400
  • Lot Description: Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25212
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-01809-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.146
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 7, 2020
Sold by
Phariss Bruce W and Phariss Sheila Harrington
Bought by
Rohrer Scott and Demoreuille Laura
Seller's Agent
Sidney Simon
WEST OF HUDSON REAL ESTATE
Buyer's Agent
Erin Crawford
KELLER WILLIAMS - NJ METRO GROUP
List Price
$989,000
Sold Price
$1,311,000
Premium/Discount to List
$322,000
32.56%
Current Estimated Value
$1,826,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,763
Avg. Annual Appreciation
7.57%
Original Mortgage
$200,000
Outstanding Balance
$178,377
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,695,144

Purchase Details

Closed on
Aug 1, 2007
Sold by
Korostoff Jill and Mccallum Richard
Bought by
Phariss Bruce W and Phariss Sheila Harrington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,950
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 1997
Sold by
Chapman Herrick
Bought by
Mccallum Richard and Mccallum Jill

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
7.79%

Purchase Details

Closed on
Jun 16, 1994
Sold by
French David
Bought by
Chapman Herrick and Cohen Lizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
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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
Rohrer Scott $1,311,000 Titlevest Agency Llc
Phariss Bruce W $929,500 First American Title Ins Co
Mccallum Richard $400,350 --
Chapman Herrick $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rohrer Scott $200,000
Closed Rohrer Scott $200,000
Open Rohrer Scott $828,000
Previous Owner Phariss Bruce W $0
Previous Owner Phariss Bruce W $729,700
Previous Owner Phariss Bruce W $92,950
Previous Owner Phariss Bruce W $743,600
Previous Owner Mccallum Richard $320,000
Previous Owner Chapman Herrick $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $1,311,000 +32.6% $453 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $989,000 -- $342 / 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 $27,087 $801,400 $411,400 $390,000
2024 $27,087 $801,400 $411,400 $390,000
2022 $26,350 $801,400 $411,400 $390,000
2021 $25,893 $801,400 $411,400 $390,000
2020 $25,477 $801,400 $411,400 $390,000
2019 $25,212 $801,400 $411,400 $390,000
2018 $24,795 $801,400 $411,400 $390,000
2017 $26,082 $698,500 $419,100 $279,400
2016 $25,383 $698,500 $419,100 $279,400
2015 $24,629 $698,500 $419,100 $279,400
2014 $23,805 $698,500 $419,100 $279,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3653867

Garden State MLS

APN: 13-01809-0000-00021