NOT LISTED FOR SALE

505 Highland Ave Montclair, NJ 07043

Estimated Value: $1,579,000 - $1,635,000

6 Beds
4 Baths
2,754 Sq Ft
$583/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $720,000 $261 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,669/month

About This Home

As of August 2014

This home is located at 505 Highland Ave, Montclair, NJ 07043 since 22 August 2014 and is currently estimated at $1,606,770, approximately $583 per square foot. This property was built in 1926. 505 Highland Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

JESSICA KEEFE

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 08/22/2014

Last Buyer's Agent

Thomas Mikalouskas

KELLER WILLIAMS VALLEY REALTY

KELLER WILLIAMS VALLEY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,306

Year Built

  • Built in 1926

Lot Details

  • 0.28 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,306

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Essex
  • Street Number Display: 505
  • I D: 4445596
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 75X162
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Aug 19, 2014
Sold by
Rabinovitch Paul and Rabinovitch Laura
Bought by
Mcfadden Daniel and Mcfadden Rebecca
Seller's Agent
JESSICA KEEFE
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Thomas Mikalouskas
KELLER WILLIAMS VALLEY REALTY
Sold Price
$720,000
Current Estimated Value
$1,606,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,770
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Aug 18, 2005
Sold by
Ligon John
Bought by
Rabinovitch Paul and Rabinovitch Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mcfadden Daniel $710,000 --
Mcfadden Daniel $710,000 --
Rabinovitch Paul $818,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Daniel $557,000
Previous Owner Rabinovitch Paul $465,000
Previous Owner Rabinovitch Paul $150,000
Previous Owner Rabinovitch Paul $165,765
Previous Owner Rabinovitch Paul $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $720,000 -- $261 / 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 $25,306 $807,700 $360,900 $446,800
2024 $25,306 $748,700 $360,900 $387,800
2022 $24,617 $748,700 $360,900 $387,800
2021 $24,191 $748,700 $360,900 $387,800
2020 $23,801 $748,700 $360,900 $387,800
2019 $23,321 $741,300 $360,900 $380,400
2018 $22,676 $732,900 $360,900 $372,000
2017 $24,428 $654,200 $309,300 $344,900
2016 $23,774 $654,200 $309,300 $344,900
2015 $23,067 $644,700 $309,300 $335,400
2014 $21,971 $644,700 $309,300 $335,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    JESSICA KEEFE

    KELLER WILLIAMS - NJ METRO GROUP

  • Thomas Mikalouskas

    Buyer's Agent in 2014

    Thomas Mikalouskas

    KELLER WILLIAMS VALLEY REALTY

    (201) 370-6175

    69 Total Sales

    Thomas Mikalouskas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3141400

Garden State MLS

APN: 13-00802-0000-00038

New Jersey Essex County Montclair 07043

505 Highland Ave, Montclair, NJ

This home is located at 505 Highland Ave, Montclair, NJ 07043 since 22 August 2014 and is currently estimated at $1,606,770, approximately $583 per square foot. This property was built in 1926. 505 Highland Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

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