NOT LISTED FOR SALE

40 Prospect Ave Montclair, NJ 07042

Estimated Value: $1,831,000 - $2,163,000

Studio
-- Bath
4,038 Sq Ft
$511/Sq Ft Est. Value

About This Home

This home is located at 40 Prospect Ave, Montclair, NJ 07042 and is currently estimated at $2,063,926, approximately $511 per square foot. 40 Prospect Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2012
Sold by
2 Prospect Llc
Bought by
1031 Funding & Reverse Corp
Current Estimated Value
$2,063,926

Purchase Details

Closed on
Jan 4, 2002
Sold by
Bielby Michael
Bought by
Lee Thomas and Lee Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 4, 2001

Purchase Details

Closed on
Sep 30, 1999
Sold by
Dallery Robert
Bought by
Bielby Michael and Bielby Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
1031 Funding & Reverse Corp $675,000 Chicago Title Insurance Co
Lee Thomas $750,000 --
-- $750,000 --
Bielby Michael $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Thomas $600,000
Previous Owner Bielby Michael $459,000
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 $39,454 $1,159,400 $510,000 $649,400
2024 $39,188 $1,159,400 $510,000 $649,400
2022 $38,121 $1,159,400 $510,000 $649,400
2021 $37,460 $1,159,400 $510,000 $649,400
2020 $36,857 $1,159,400 $510,000 $649,400
2019 $36,475 $1,159,400 $510,000 $649,400
2018 $35,872 $1,159,400 $510,000 $649,400
2017 $35,794 $958,600 $352,800 $605,800
2016 $34,836 $958,600 $352,800 $605,800
2015 $33,800 $958,600 $352,800 $605,800
2014 $32,669 $958,600 $352,800 $605,800
Source: Public Records

Map

New Jersey Essex County Montclair 07042

40 Prospect Ave, Montclair, NJ

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