5 Locust Dr Montclair, NJ 07042
Estimated Value: $1,320,433 - $1,712,000
Studio
--
Bath
2,307
Sq Ft
$657/Sq Ft
Est. Value
About This Home
This home is located at 5 Locust Dr, Montclair, NJ 07042 and is currently estimated at $1,516,108, approximately $657 per square foot. 5 Locust Dr is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2007
Sold by
Matters Seth and Matters Mikkell E
Bought by
Rich Michael J and Rich Melissa C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 24, 1996
Sold by
Goddard Martha
Bought by
Matters Seith and Matters Mikkell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.26%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rich Michael J | $890,000 | Stewart Title Guaranty Co | |
| Matters Seith | $317,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rich Michael J | $534,000 | |
| Previous Owner | Matters Seith | $285,000 |
Source: Public Records
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 | $26,868 | $794,900 | $355,000 | $439,900 |
| 2024 | $26,868 | $794,900 | $355,000 | $439,900 |
| 2022 | $26,136 | $794,900 | $355,000 | $439,900 |
| 2021 | $25,683 | $794,900 | $355,000 | $439,900 |
| 2020 | $25,270 | $794,900 | $355,000 | $439,900 |
| 2019 | $25,008 | $794,900 | $355,000 | $439,900 |
| 2018 | $24,594 | $794,900 | $355,000 | $439,900 |
| 2017 | $23,177 | $620,700 | $351,300 | $269,400 |
| 2016 | $22,135 | $609,100 | $351,300 | $257,800 |
| 2015 | $21,477 | $609,100 | $351,300 | $257,800 |
| 2014 | $20,758 | $609,100 | $351,300 | $257,800 |
Source: Public Records
Map
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