NOT LISTED FOR SALE

58 Forest St Montclair, NJ 07042

Estimated Value: $854,000 - $1,159,000

3 Beds
3.5 Baths
1,587 Sq Ft
$646/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $775,000 $488 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,485/month

30 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Wood Flooring
  • Hillside School Rated A
  • Recreation Room
  • High Ceiling

About This Home

As of February 2021

Absolutely STUNNING recently renovated colonial right in the heart of downtown Montclair! Just steps away from the Walnut Street Train Station, NYC trans, Bloomfield Ave & SO much more, it cannot get better than this! The sprawling entry w/ high ceilings & freshly finished hardwood floors & open concept combine classic 1800's architecture w/ a modern flow. The main floor is riddled w/ natural light from the living room, through the formal dining room and oversized kitchen, completely w/ granite counter tops & breakfast bar. Upstairs, the spacious bedrooms w/ updated baths make for a quaint & relaxing experience, including walk up, private master bedroom. Finished walk out basement & HUGE yard including 2 car garage & outdoor patio & fire pit. All renovations less than 10yrs! LOW TAXES UNDER $11k! Can't miss!

Last Agent to Sell the Property

JEREMY P. CIOTOLA

COMPASS NEW JERSEY LLC Listed on: 11/18/2020

Last Buyer's Agent

LOIS JINA KUSUMAN

CORCORAN INFINITY PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,863

Year Built

  • Built in 1875

Lot Details

  • 8,712 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Aluminum Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-03202-0000-00029-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,863

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1875
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Claremont or Walnut to Forest
  • I D: 5033021
  • First Name: JEREMY P.
  • First Name3: LOIS
  • Last Name: CIOTOLA
  • Last Name3: LEVI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Drapes, High Ceilings, Smoke Detector, Walk-In Closet
  • Bedrooms: 3
  • Master Bedroom Desc: Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Family Room, Rec Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: PowderRm
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Foyer
  • Other Room4 Level: First
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom
  • Phone: 973-785-8420

Exterior Features

  • Exterior Description: Aluminum Siding, CedarSid
  • Exterior Features: Patio, Storage Shed, Underground Lawn Sprinkler, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 1 Car Width, 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 8900SF
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10863
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03202-0000-00029-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.146
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 25, 2021
Sold by
Grazano Donald
Bought by
Altman Ariel and Palmisano Lauren
Seller's Agent
JEREMY P. CIOTOLA
COMPASS NEW JERSEY LLC
Buyer's Agent
LOIS JINA KUSUMAN
CORCORAN INFINITY PROPERTIES
List Price
$719,000
Sold Price
$775,000
Premium/Discount to List
$56,000
7.79%
Current Estimated Value
$1,025,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,028
Avg. Annual Appreciation
5.81%
Original Mortgage
$610,000
Outstanding Balance
$545,578
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$479,450

Purchase Details

Closed on
Jun 21, 2016
Sold by
Grazano Donald and Iamele Neil
Bought by
Grazano Donald

Purchase Details

Closed on
Oct 7, 2014
Sold by
Grazano Donald
Bought by
Grazano Donald and Grazano Amele,Neil

Purchase Details

Listed on
Jun 10, 2012
Closed on
Jun 6, 2012
Sold by
58 Forest Associates Llc
Bought by
Grazano Donald and Iamele Neil
Seller's Agent
IZABELLA NAKHIMOVICH
KELLER WILLIAMS TEAM REALTY
Buyer's Agent
IZABELLA NAKHIMOVICH
KELLER WILLIAMS TEAM REALTY
Sold Price
$382,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$297,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2003
Sold by
Universal Invesetment
Bought by
Gleaton K C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.86%

Purchase Details

Closed on
Dec 19, 2002
Sold by
Williams Jerome
Bought by
Universal Investment Capital

Purchase Details

Closed on
Feb 5, 2001
Sold by
Dokes Carol E
Bought by
Williams Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Altman Ariel $775,000 None Listed On Document
Grazano Donald -- Fortress Title Agency Inc
Grazano Donald -- --
Grazano Donald -- --
Grazano Donald $372,000 Stewart Title Guaranty Co
Gleaton K C $220,000 --
Universal Investment Capital -- --
Williams Jerome $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Ariel $610,000
Previous Owner Grazano Donald $297,600
Previous Owner Gleaton K C $165,000
Previous Owner Williams Jerome $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2021 02/05/21 Sold $775,000 +7.8% $488 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $719,000 +88.2% $453 / Sq Ft
06/10/2012 06/10/12 Sold $382,000 -- $241 / Sq Ft View Prior Sale
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 $14,139 $418,300 $184,800 $233,500
2024 $14,139 $418,300 $184,800 $233,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JEREMY P. CIOTOLA

    COMPASS NEW JERSEY LLC

  • L

    Buyer's Agent in 2021

    LOIS JINA KUSUMAN

    CORCORAN INFINITY PROPERTIES

  • I

    Seller's Agent in 2012

    IZABELLA NAKHIMOVICH

    KELLER WILLIAMS TEAM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3679124

Garden State MLS

APN: 13-03202-0000-00029

New Jersey Essex County Montclair 07042

58 Forest St, Montclair, NJ

Not Listed for Sale

Detached

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