Seller's Agent in 2023
Frank Borek
Century 21 Gemini Realty, Upper Montclair
(973) 495-9315
1 in this area
46 Total Sales
54 Elm St Montclair, NJ 07042
Estimated Value: $1,334,000 - $1,513,000
5
Beds
3.5
Baths
2,496
Sq Ft
$562/Sq Ft
Est. Value
Highlights
- Multiple Fireplaces
- En-Suite Primary Bedroom
- Rectangular Lot
- Nishuane School Rated A
About This Home
As of August 202354 Elm is an easy walk to (2) train stations, parks, and all Bloomfield Ave has to offer. This carefully renovated 5/6 bedrooms colonial boasts of four levels of living space with all new hardwood floors throughout, and two-zoned HVAC. The first floor features a grand open living room, bedroom/office, a formal dining room with a fireplace, a gorgeous eat-in kitchen with a center island, White shaker cabinetry, decked with quartz countertops, marble backsplash, and Bertazoni stainless steel appliances. The second floor consists of a main suite that has a fireplace, walk-in closet and a spa like four-piece en suite. It offers two additional bedrooms with ample closet space and a laundry room. The third floor has two spacious bedrooms. With an 850 Sq-Ft of fully finished walkout basement to top it off, a full bathroom and three storage closets complete the list. The backyard is the absolute entertainer's dream featuring an extra-large paver/cement patio and three car garage.
Last Agent to Sell the Property
Century 21 Gemini Realty, Upper Montclair Listed on: 06/05/2023
Last Buyer's Agent
Outside Agent
Outside Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,915
Lot Details
- 10,200 Sq Ft Lot
- Rectangular Lot
Parking
- 3 Car Garage
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Schools
- Magnet Elementary School
- Glenfield Middle School
- Montclair High School
Additional Features
- Multiple Fireplaces
- Heating System Uses Natural Gas
- Finished Basement
Listing and Financial Details
- Legal Lot and Block 00006 / 03109
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2023
Closed on
Jul 21, 2023
Sold by
Stanley Richmond Homes Llc
Bought by
Wright Wayne
Seller's Agent
Frank Borek
Century 21 Gemini Realty, Upper Montclair
Buyer's Agent
Outside Agent
Outside Office
List Price
$960,000
Sold Price
$1,150,000
Premium/Discount to List
$190,000
19.79%
Views
340
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
$181,635
Avg. Annual Appreciation
10.64%
Original Mortgage
$920,000
Outstanding Balance
$899,480
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$502,512
Purchase Details
Listed on
Mar 3, 2021
Closed on
Apr 23, 2021
Sold by
Panchu Richard and Panchu Helene
Bought by
Stanley Richmond Homes Llc
Seller's Agent
Jeanmichel Sery
JD FRANCES REALTY & G.R.
Buyer's Agent
Jeanmichel Sery
JD FRANCES REALTY & G.R.
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.15%
Original Mortgage
$754,350
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 19, 2003
Sold by
Lowe Essie
Bought by
Panchu Richard and Panchu Helene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,450
Interest Rate
6.15%
Purchase Details
Closed on
Sep 12, 1995
Sold by
Lvoe Gloria
Bought by
Lawe Essie and Hicks Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.81%
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 |
|---|---|---|---|
| Wright Wayne | $1,150,000 | Stewart Title Guaranty Company | |
| Stanley Richmond Homes Llc | $650,000 | Title Agency Of Nj Inc | |
| Panchu Richard | $300,500 | -- | |
| Lawe Essie | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright Wayne | $920,000 | |
| Previous Owner | Stanley Richmond Homes Llc | $754,350 | |
| Previous Owner | Stanley Richmond Homes Llc | $754,350 | |
| Previous Owner | Panchu Helene | $335,775 | |
| Previous Owner | Gavilanez Max P | $279,837 | |
| Previous Owner | Panchu Richard | $312,000 | |
| Previous Owner | Panchu Richard | $303,000 | |
| Previous Owner | Panchu Richard | $270,450 | |
| Previous Owner | Lawe Essie | $162,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2023 08/14/23 | Sold | $1,150,000 | +19.8% | $461 / Sq Ft |
| 06/10/2023 06/10/23 | Pending | -- | -- | -- |
| 06/05/2023 06/05/23 | For Sale | $960,000 | +47.7% | $385 / Sq Ft |
| 04/26/2021 04/26/21 | Sold | $650,000 | -6.5% | $259 / Sq Ft |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- |
| 03/05/2021 03/05/21 | For Sale | $695,000 | -- | $276 / 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 | $24,336 | $720,600 | $138,000 | $582,600 |
| 2024 | $24,336 | $720,000 | $138,000 | $582,000 |
| 2023 | $17,015 | $517,500 | $138,000 | $379,500 |
| 2022 | $17,015 | $517,500 | $138,000 | $379,500 |
| 2021 | $15,221 | $471,100 | $138,000 | $333,100 |
| 2020 | $14,976 | $471,100 | $138,000 | $333,100 |
| 2019 | $14,821 | $471,100 | $138,000 | $333,100 |
| 2018 | $14,576 | $471,100 | $138,000 | $333,100 |
| 2017 | $14,839 | $397,400 | $90,600 | $306,800 |
| 2016 | $14,442 | $397,400 | $90,600 | $306,800 |
| 2015 | $14,012 | $397,400 | $90,600 | $306,800 |
| 2014 | $13,543 | $397,400 | $90,600 | $306,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
O
Buyer's Agent in 2023
Outside Agent
Outside Office
-
J
Seller's Agent in 2021
Jeanmichel Sery
JD FRANCES REALTY & G.R.
(862) 201-9086
2 in this area
92 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23017078
APN: 13-03109-0000-00006
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.
Nearby Homes
- 55 Elm St
- 24 Elm St Unit 2
- 84 Elm St
- 83 S Fullerton Ave
- 16 New St
- 20 Maple Ave
- 50 Pine St Unit 4E
- 50 Pine St Unit C500I
- 50 Pine St Unit I
- 101 Gates Ave Unit 6
- 14 Grove Terrace
- 4 Warren Place
- 166 Lincoln St
- 39 Harrison Ave Unit 20
- 76 Grove St Unit 4
- 27 N Willow St
- 4 Grant St
- 16 Forest St Unit C6405
- 16 Forest St Unit 405