NOT LISTED FOR SALE

6 Prospect Terrace Unit 1 Montclair, NJ 07042

Estimated Value: $1,475,000 - $1,649,000

1 Bed
1 Bath
4,123 Sq Ft
$382/Sq Ft Est. Value

About This Home

This home is located at 6 Prospect Terrace Unit 1, Montclair, NJ 07042 and is currently estimated at $1,576,058, approximately $382 per square foot. 6 Prospect Terrace Unit 1 is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2017
Sold by
Hepburn Valerie
Bought by
Wernick Andrew and Wernick Nina
Current Estimated Value
$1,576,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$499,705
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,076,353

Purchase Details

Closed on
Jan 26, 2011
Sold by
Hepburn Valerie
Bought by
Hepburn Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1989
Sold by
Caro Dale F
Bought by
Galate Dwight and Galate Duane
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wernick Andrew $750,000 --
Hepburn Valerie -- None Available
Galate Dwight $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wernick Andrew $600,000
Previous Owner Hepburn Valerie $292,000
Source: Public Records

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 $24,387 $721,500 $200,800 $520,700
2024 $24,387 $721,500 $200,800 $520,700
2022 $23,723 $721,500 $200,800 $520,700
2021 $23,312 $721,500 $200,800 $520,700
2020 $22,936 $721,500 $200,800 $520,700
2019 $22,698 $721,500 $200,800 $520,700
2018 $22,323 $721,500 $200,800 $520,700
2017 $26,885 $720,000 $229,600 $490,400
2016 $26,165 $720,000 $229,600 $490,400
2015 $25,387 $720,000 $229,600 $490,400
2014 $24,538 $720,000 $229,600 $490,400
Source: Public Records

Map

New Jersey Essex County Montclair 07042

6 Prospect Terrace Unit 1, Montclair, NJ

This home is located at 6 Prospect Terrace Unit 1, Montclair, NJ 07042 and is currently estimated at $1,576,058, approximately $382 per square foot. 6 Prospect Terrace Unit 1 is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

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