Seller's Agent in 2025
Ross Hyman
Village Square Realtors
(973) 509-2222
2 in this area
10 Total Sales
49 Greenwood Ave Montclair, NJ 07042
6
Beds
5
Baths
2,215
Sq Ft
7,785
Sq Ft Lot
About This Home
As of January 2025A once-in-a-lifetime opportunity to own a completely gut renovated 6 bedroom, 5 bath, 2-family in the heart of Montclair! Grossing more than $91k in rent annually, this beautiful home was taken down too the studs and is essentially a new home with new electrical, plumbing, flooring, kitchens, bathrooms, windows, doors crown molding and more. You won't find another home in Montclair renovated at this quality level for this price.The location is exceptional--on a quiet street between Lackawanna Plaza and Walnut Street Train station. You'll have easy access to the NYC train, Walnut Street shops, Saturday Farmer's Market, Montclair Geyer YMCA, downtown shopping and more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,044
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Additional Features
- Laundry in unit
- 7,785 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00006 / 03212
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2024
Closed on
Jan 16, 2025
Sold by
49 Greenwood Llc
Bought by
Mandalakis Christopher J and Brown Allison Elaine
Seller's Agent
Ross Hyman
Village Square Realtors
Buyer's Agent
Sanjeev Prabhakar
Coldwell Banker, Jersey City
List Price
$1,099,000
Sold Price
$1,099,000
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,829
Avg. Annual Appreciation
6.66%
Original Mortgage
$824,250
Outstanding Balance
$819,805
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$317,411
Purchase Details
Closed on
Aug 21, 2017
Sold by
Popli Pawan and Popli Savita
Bought by
49 Greenwood Llc
Purchase Details
Closed on
Mar 30, 2004
Sold by
49 Greenwood Assoc
Bought by
Popli Pawan and Popli Savita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.56%
Purchase Details
Closed on
Mar 14, 1991
Sold by
Distefano Distefano R and Distefano M
Bought by
Lane Leonrd and Lane Wenda
Purchase Details
Closed on
Oct 20, 1988
Sold by
Maffongelli Jr Joseph A
Bought by
Distefano Distefano R and Distefano M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,099,000 | Acres Land Title | |
| Deed | $212,000 | -- | |
| Deed | $320,000 | -- | |
| Deed | $158,000 | -- | |
| Deed | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $824,250 | New Conventional | |
| Previous Owner | $650,000 | Commercial | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $25,800 | New Conventional | |
| Previous Owner | $62,000 | Credit Line Revolving | |
| Previous Owner | $256,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2025 01/16/25 | Sold | $1,099,000 | 0.0% | $496 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $1,099,000 | -- | $496 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $16,045 | $474,700 | $179,500 | $295,200 |
| 2024 | $16,045 | $474,700 | $179,500 | $295,200 |
| 2022 | $15,608 | $474,700 | $179,500 | $295,200 |
| 2021 | $7,034 | $217,700 | $179,500 | $38,200 |
| 2020 | $6,921 | $217,700 | $179,500 | $38,200 |
| 2019 | $6,849 | $217,700 | $179,500 | $38,200 |
| 2018 | $6,736 | $217,700 | $179,500 | $38,200 |
| 2017 | $5,892 | $157,800 | $111,800 | $46,000 |
| 2016 | $8,649 | $238,000 | $111,800 | $126,200 |
| 2015 | $11,551 | $327,600 | $111,800 | $215,800 |
| 2014 | $11,165 | $327,600 | $111,800 | $215,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2025
Sanjeev Prabhakar
Coldwell Banker, Jersey City
(201) 687-6633
1 in this area
31 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24033188
APN: 13-03212-0000-00006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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