NOT LISTED FOR SALE

57 Forest St Montclair, NJ 07042

Estimated Value: $913,178

3 Beds
4.5 Baths
3,132 Sq Ft
7,667 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $653,000 $208 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,039/month

17 Days on Market

Highlights

  • Eat-In Kitchen
  • Hillside School Rated A
  • Family or Dining Combination

About This Home

As of December 2020

Beautifully renovated 4 level condominium offers an open floor plan, multi zoned heating and cooling, brand new beautifully finished kitchen and baths, finished basement w bath, and much much more. All this in a great location a short distance to train and town

Last Agent to Sell the Property

Jerry Sahlman

VILLAGE SQUARE REALTORS Listed on: 10/13/2020

Last Buyer's Agent

Amy Owens

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020

Lot Details

  • 7,667

Parking

  • 6 Parking Spaces

Home Design

  • Composition Shingle

Interior Spaces

  • Family or Dining Combination
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Home Security

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-03203-0000-00004-0000-
  • Tax Block *

Property Details

Home Type

Condominium

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 2020
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: Shared Drivew
  • Renovated Year: 2020
  • Street Number Display: 57
  • Directions: Forest St. between Claremont Ave. and Walnut St.
  • I D: 5024300
  • Modified: 2021-12-12
  • Number Images: 25
  • First Name: JEROME
  • First Name3: AMY
  • Last Name: SAHLMAN
  • Last Name3: OWENS
  • Office Phone3: 973-783-7400
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2020

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-509-2222

Exterior Features

  • Exterior Description: Composition Shingle, Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 53X147 IRR
  • Easement: Yes
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 1613-03203-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.146
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Elias Ivan
Bought by
Elias Ivan and Correa Camila Fernanda
Total Days on Market
17
Current Estimated Value
$913,178

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 23, 2020
Sold by
57 Forest Street Holdings Llc
Bought by
Elias Ivan
Seller's Agent
Jerry Sahlman
VILLAGE SQUARE REALTORS
Buyer's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
List Price
$599,000
Sold Price
$653,000
Premium/Discount to List
$54,000
9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$470,000
Outstanding Balance
$424,184
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$488,994

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 11, 2020
Sold by
57 Forest Street Holdings Llc
Bought by
Eigen Richard and Roche Ivelisse
Seller's Agent
Jerry Sahlman
VILLAGE SQUARE REALTORS
Buyer's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
List Price
$599,000
Sold Price
$653,000
Premium/Discount to List
$54,000
9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$424,184
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$488,994

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 5, 2020
Sold by
Omoloyin Sunday and Omoloyin Susana
Bought by
57 Forest Street Holdings Llc
Seller's Agent
MARIA AFSHARIAN
Christie's International Real Estate Group-Montclair
Buyer's Agent
Jerry Sahlman
Village Square Realtors
List Price
$499,000
Sold Price
$630,000
Premium/Discount to List
$131,000
26.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$472,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1998
Sold by
Marks Kenneth
Bought by
Omoloyin Sunday and Omoloyin Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
6.92%
Source: Public Records

Range of Values:

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Average Value
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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
Elias Ivan -- None Available
Elias Ivan $630,000 All Jersey Title Llc
Eigen Richard $653,000 Evident Title Agency Inc
57 Forest Street Holdings Llc $630,000 Town Title Agency
Omoloyin Sunday $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Ivan $470,000
Previous Owner Eigen Richard $522,400
Previous Owner 57 Forest Street Holdings Llc $472,500
Previous Owner Omoloyin Sunday $255,000
Previous Owner Omoloyin Sunday $180,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $653,000 +9.0% $208 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $599,000 -4.9% $191 / Sq Ft
05/08/2020 05/08/20 Sold $630,000 +26.3% $201 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $499,000 -- $159 / 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
2024 -- $411,900 $189,400 $222,500
2022 $13,308 $411,900 $189,400 $222,500
2021 $13,308 $411,900 $189,400 $222,500
2020 $13,094 $411,900 $189,400 $222,500
2019 $12,958 $411,900 $189,400 $222,500
2018 $12,744 $411,900 $189,400 $222,500
2017 $11,826 $316,700 $124,400 $192,300
2016 $11,509 $316,700 $124,400 $192,300
2015 $11,167 $316,700 $124,400 $192,300
2014 $10,793 $316,700 $124,400 $192,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3671460

Garden State MLS

APN: 13-03203-0000-00004