NOT LISTED FOR SALE

556 Grove St Montclair, NJ 07043

Estimated Value: $1,313,000 - $1,666,000

5 Beds
4 Baths
1,749 Sq Ft
$851/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $1,310,000 $749 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,588/month

17 Days on Market

About This Home

As of July 2024

This home is located at 556 Grove St, Montclair, NJ 07043 since 31 May 2024 and is currently estimated at $1,489,017, approximately $851 per square foot. This property was built in 1955. 556 Grove 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

Robert Northfield

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-762-5400 Listed on: 05/31/2024

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

Robert Northfield

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-762-5400 Listed on: 05/31/2024

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Essex
  • I D: 5287082
  • Attribution Contact: 973-762-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 11180SF
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 31, 2024
Sold by
Ghanem Samer and Ghanem Hala
Bought by
Khanna Saatwik and Kidwai Sana
Seller's Agent
Robert Northfield
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Robert Northfield
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$989,000
Sold Price
$1,310,000
Premium/Discount to List
$321,000
32.46%
Views
116
Current Estimated Value
$1,489,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,017
Avg. Annual Appreciation
9.37%
Original Mortgage
$1,048,000
Outstanding Balance
$1,034,358
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$454,659

Purchase Details

Closed on
Jul 18, 2007
Sold by
Schuchinski Luis
Bought by
Ghanem Samer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

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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
Khanna Saatwik $1,310,000 Acres Land Title
Ghanem Samer $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanna Saatwik $1,048,000
Previous Owner Ghanem Samer $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $1,310,000 +32.5% $749 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $989,000 -- $565 / 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 $21,622 $757,700 $324,700 $433,000
2024 $21,622 $639,700 $324,700 $315,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Northfield

    Seller's Agent in 2024

    Robert Northfield

    KELLER WILLIAMS MID-TOWN DIRECT

    (973) 489-3417

    6 in this area

    278 Total Sales

    Robert Northfield
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Map

Source: Garden State MLS

MLS Number: 3904930

Garden State MLS

APN: 13-03604-0000-00015

New Jersey Essex County Montclair 07043

556 Grove St, Montclair, NJ

Not Listed for Sale

Detached

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