NOT LISTED FOR SALE

485 Valley Rd Montclair, NJ 07043

Estimated Value: $1,101,000 - $1,260,000

Studio
-- Bath
2,560 Sq Ft
$467/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $822,500 $321 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,900/month

13 Days on Market

About This Home

As of July 2021

This home is located at 485 Valley Rd, Montclair, NJ 07043 since 04 May 2021 and is currently estimated at $1,196,477, approximately $467 per square foot. This property was built in 1927. 485 Valley Rd is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

JOHN FOWLER

BROWN HARRIS STEVENS NEW JERSEY Brokerage Phone: 973-744-6033 Listed on: 05/04/2021

Last Buyer's Agent

Elizabeth Ceccio

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 9,278

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • I D: 5068637
  • Attribution Contact: 973-744-6033
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 42X210 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 16, 2021
Sold by
485 Valley Road Llc
Bought by
Berzins Karin
Seller's Agent
JOHN FOWLER
BROWN HARRIS STEVENS NEW JERSEY
Buyer's Agent
Elizabeth Ceccio
KELLER WILLIAMS - NJ METRO GROUP
List Price
$729,000
Sold Price
$822,500
Premium/Discount to List
$93,500
12.83%
Current Estimated Value
$1,196,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,977
Avg. Annual Appreciation
8.67%
Original Mortgage
$800,238
Outstanding Balance
$726,425
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$470,052

Purchase Details

Closed on
Jun 14, 2017
Sold by
Nowosielski Karol and Nowosielski Izabella
Bought by
485 Valley Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2011
Sold by
485 Valley Limited Liability Company
Bought by
Nowosielski Karol and Nowosielski Izabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.01%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 27, 2003
Sold by
Parry William
Bought by
Verlangieri Mark and Verlangieri Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.46%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Poerantozzi Ronald
Bought by
Parry William and Parry Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.7%

Purchase Details

Closed on
Jul 20, 1991
Sold by
Sastre Pamela and Sastre Smith,Walter
Bought by
Pierantozzi Ronald J and Pierantozzi Pamela M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berzins Karin $822,500 New Title Company Name
485 Valley Road Llc -- Kenworth Title Llc
Nowosielski Karol $535,000 None Available
Verlangieri Mark $460,000 --
Parry William $250,000 --
Pierantozzi Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berzins Karin $800,238
Previous Owner 485 Valley Road Llc $360,000
Previous Owner Nowosielski Karol $428,000
Previous Owner Verlangieri Mark $368,000
Previous Owner Parry William $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $822,500 +12.8% $321 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $729,000 -- $285 / 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 $20,463 $605,400 $333,100 $272,300
2024 $20,463 $605,400 $333,100 $272,300
2023 $19,620 $605,400 $333,100 $272,300
2022 $19,620 $596,700 $333,100 $263,600
2021 $19,279 $596,700 $333,100 $263,600
2020 $18,969 $596,700 $333,100 $263,600
2019 $18,772 $596,700 $333,100 $263,600
2018 $18,462 $596,700 $333,100 $263,600
2017 $19,432 $520,400 $285,800 $234,600
2016 $18,911 $520,400 $285,800 $234,600
2015 $18,349 $520,400 $285,800 $234,600
2014 $17,735 $520,400 $285,800 $234,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JOHN FOWLER

    BROWN HARRIS STEVENS NEW JERSEY

  • Elizabeth Ceccio

    Buyer's Agent in 2021

    Elizabeth Ceccio

    KELLER WILLIAMS - NJ METRO GROUP

    (917) 755-7672

    15 in this area

    36 Total Sales

    Elizabeth Ceccio
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Map

Source: Garden State MLS

MLS Number: 3709731

Garden State MLS

APN: 13-02504-0000-00045

New Jersey Essex County Montclair 07043

485 Valley Rd, Montclair, NJ

Not Listed for Sale

MultiFamily

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