NOT LISTED FOR SALE

420 Valley Rd Montclair, NJ 07043

Estimated Value: $1,355,000 - $1,708,672

5 Beds
6 Baths
3,425 Sq Ft
$440/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,260,000 $368 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,348/month

14 Days on Market

About This Home

As of July 2023

This is a special home. An open porch with separate entrances to main floor and another to upper level units makes for the perfect set-up for condo conversion. Built as a Thomas Edison cement house it is solid and practically sound-proof. The main level is the perfect owner suite with a gourmet kitchen, a huge dining room with non-working fireplace, a large living room that leads to a deck overlooking a beautiful fenced yard, an office, 2-3 bedrooms -1 captive, and master bath and a full bath. The second level features 2 bedroom, and 2 full baths, eat-in kitchen and living room. The 3rd floor boarder space features 4 large rooms with alcove windows, a full bath, and a fire escape. There is no kitchen. 2nd and 3rd floor can be combined to make a fabulous 3-4 bedroom unit. The huge basement is ripe for finishing with high ceilings and tons of space with 2 separate entrances. There is a separate adorable office/studio space with an outside entrance and full bath. Parking for 5 cars.

Last Agent to Sell the Property

Linda Russell

Village Square Realtors Listed on: 04/14/2023

Last Buyer's Agent

Elizabeth Ceccio

Keller Williams Realty - NJ Metro Group

Keller Williams Realty - NJ Metro Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,760

Lot Details

  • 0.31

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 0.31 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00009 / 01704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,760

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-509-2222
  • MLS Status: Sold - Sold
  • Directions: Valley Rd between Watchung and Appleton on West side
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Basement Remarks: Full basement unfinished, laundry, office/studio w bath

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Dimensions: 90x150 irr
  • Lot Size Sq Ft: 13650.0

Tax Info

  • Tax Annual Amount: 22760.0
  • Tax Block: 01704
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jul 18, 2023
Sold by
Dibona Rosemarie
Bought by
Dmochowski Jacek and Edwards Shelley
Seller's Agent
Linda Russell
Village Square Realtors
Buyer's Agent
Elizabeth Ceccio
Keller Williams Realty - NJ Metro Group
List Price
$949,000
Sold Price
$1,260,000
Premium/Discount to List
$311,000
32.77%
Views
110
Current Estimated Value
$1,533,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,908
Avg. Annual Appreciation
9.12%
Original Mortgage
$126,000
Outstanding Balance
$26,914
Interest Rate
6.71%
Estimated Equity
$1,480,004

Purchase Details

Closed on
May 7, 2004
Sold by
Fortunato Properties
Bought by
Dibona Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,600
Interest Rate
6.28%
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
Dmochowski Jacek $1,260,000 Evident Title
Dibona Rosemarie $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dmochowski Jacek $126,000
Open Dmochowski Jacek $1,008,000
Previous Owner Dibona Rosemarie $465,000
Previous Owner Bona Rosemarie Di $150,000
Previous Owner Dibona Rosemarie $493,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,260,000 +32.8% $368 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $949,000 0.0% $277 / Sq Ft
11/29/2021 11/29/21 Rented $2,300 +2.2% --
11/19/2021 11/19/21 Price Changed $2,250 -2.2% $1 / Sq Ft
11/07/2021 11/07/21 Price Changed $2,300 -4.2% $1 / Sq Ft
10/05/2021 10/05/21 For Rent $2,400 -- --
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 $23,396 $748,200 $331,400 $416,800
2024 $23,396 $748,200 $331,400 $416,800
2022 $22,760 $692,200 $331,400 $360,800
2021 $22,365 $692,200 $331,400 $360,800
2020 $22,005 $692,200 $331,400 $360,800
2019 $21,777 $692,200 $331,400 $360,800
2018 $21,429 $692,600 $331,400 $361,200
2017 $22,139 $592,900 $256,800 $336,100
2016 $21,546 $592,900 $256,800 $336,100
2015 $20,906 $592,900 $256,800 $336,100
2014 $20,206 $592,900 $256,800 $336,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23010876

New Jersey MLS

APN: 13-01704-0000-00009