NOT LISTED FOR SALE

550 Park St Montclair, NJ 07043

Estimated Value: $3,722,859 - $4,003,000

6 Beds
5 Baths
6,742 Sq Ft
$574/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2025

Last sale price $3,800,000 $564 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $27,732 / mo

About This Home

As of May 2025

This home is located at 550 Park St, Montclair, NJ 07043 since 16 May 2025 and is currently estimated at $3,866,715, approximately $573 per square foot. This property was built in 1917. 550 Park St is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

Tamima Friedman

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 05/16/2025

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

Dana Farber-schwern

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 1.41

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

1.41 Acres

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • I D: 5358545
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 200X307 IRR

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
May 9, 2025
Sold by
Bought by
Seller's Agent
Tamima Friedman
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Dana Farber-schwern
COMPASS NEW JERSEY LLC
List Price
$3,800,000
Sold Price
$3,800,000
Views
3
Current Estimated Value
$3,866,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,715
Avg. Annual Appreciation
1.66%
Original Mortgage
$2,850,000
Outstanding Balance
$2,838,845
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,027,870

Purchase Details

Closed on
Jul 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1991
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,800,000 Evident Title
-- --
-- --
$2,389,115 None Available
$750,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,850,000
Previous Owner $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $3,800,000 0.0% $564 / Sq Ft
05/16/2025 05/16/25 For Sale $3,800,000 -- $564 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $82,655 $2,428,900 $492,700 $1,936,200
2024 $82,097 $2,428,900 $492,700 $1,936,200
2022 $79,862 $2,428,900 $492,700 $1,936,200
2021 $78,478 $2,428,900 $492,700 $1,936,200
2020 $77,215 $2,428,900 $492,700 $1,936,200
2019 $76,413 $2,428,900 $492,700 $1,936,200
2018 $75,150 $2,428,900 $492,700 $1,936,200
2017 $76,069 $2,037,200 $549,000 $1,488,200
2016 $73,269 $2,016,200 $549,000 $1,467,200
2015 $71,091 $2,016,200 $549,000 $1,467,200
2014 $68,712 $2,016,200 $549,000 $1,467,200
Source: Public Records

Agents Affiliated with this Home

  • Tamima Friedman

    Seller's Agent in 2025

    Tamima Friedman

    KELLER WILLIAMS - NJ METRO GROUP

    (201) 306-0267

    34 in this area

    178 Total Sales

    Tamima Friedman
    Section Image

  • D

    Buyer's Agent in 2025

    Dana Farber-schwern

    COMPASS NEW JERSEY LLC

    (201) 657-5201

    91 in this area

    248 Total Sales

    Dana Farber-schwern
    Section Image

  • S

    Buyer Co-Listing Agent in 2025

    SUSAN LOVIT

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3963622

Garden State MLS

APN: 13-02801-0000-00020

New Jersey Essex County Montclair 07043

550 Park St, Montclair, NJ

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.