NOT LISTED FOR SALE

6 Prospect Terrace Montclair, NJ 07042

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

6 Beds
5.5 Baths
4,254 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $750,000 $176 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,298/month

77 Days on Market

Highlights

  • Second Kitchen
  • Colonial Architecture
  • Recreation Room
  • Hillside School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2017

There are WONDERFUL possibilities in this sunny, spacious ,open home.Beautiful entertaining flow with modern kitchen and attached open gathering space with skylights and fireplace for all to enjoy. On the lower level relatives can have their own apartment.Work at home? No problem. The office/music/library or the tucked away quiet space on the third floor will be helpful. Writer? Musician ? Artist? Your studio over the garage with heat and bathroom will be your "go to" space.Now the best news.Your 2 blocks from vibrant downtown Montclair center and 5 blocks from the NYC train. Sunny days and cool summer evenings will be spent on the deck off the kitchen.The rec room and marble luxury bath in the lower level is such a treat.The options are endless in this sophisticated jewel

Last Agent to Sell the Property

GRETCHEN CHENEY

PROMINENT PROPERTIES SIR Listed on: 03/30/2017

Last Buyer's Agent

Carlos Cortes

THE DIAMOND AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,165

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Inside Entrance
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-03108-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,165

Year Built

Built in 1993 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1993
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2015
  • Street Number Display: 6
  • Directions: Bloomfield Ave to So Fullerton to L on Union to R on Prospect Ter
  • I D: 4700407
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: GRETCHEN
  • First Name3: CARLOS
  • Last Name: CHENEY
  • Last Name3: CORTES
  • Office Phone: 214356
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Dryer, Microwave Oven
  • Interior Amenities: Bar-Dry, SoakTub, JacuzTyp, StallShw, Fire Alarm Sys, Security System, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling
  • Number Rooms: 15
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Tub Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Inside Entrance, Kitchen, Rec Room, Outside Entrance, Vestibul, LivDinRm
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite Description: Bedroom 1, Kitchen, Living Room, Full Bath
  • Kitchen Area: Galley Type, Not Eat-In Kitchen, Separate Dining Area, Second Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Level: Third
  • Other Room 3: Office
  • Other Room3 Level: First
  • Other Room 4: Kitchen
  • Other Room4 Level: First
  • Other Level Rooms: Loft
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Foyer, Office, Dining Room, Living Room, SeeRem, Walkout
  • Level 2 Rooms: Bath(s) Other, Laundry Room, 4 Or More Bedrooms, SeeRem, Bath Main
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, SittngRm
  • Phone: 973-783-6900

Exterior Features

  • Exterior Description: Brick, Vinyl Siding, Wood
  • Exterior Features: Deck, Open Porch(es), Sidewalk, Wood Fence, Thermal Windows/Doors, Patio, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Oversize Garage, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Hard Surface, Blacktop, Driveway-Exclusive, Circular, Off-Street Parking

Utilities

  • Cooling: 2 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 10168SF
  • Assessed Improvement Value: 490400
  • Assessed Land Value: 229600
  • Assessment: 720000
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 26165
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03108-0000-00016-0000-
  • Tax Rate Amount: 3.634
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Aug 24, 2017
Sold by
Hepburn Valerie
Bought by
Wernick Andrew and Wernick Nina
Seller's Agent
GRETCHEN CHENEY
PROMINENT PROPERTIES SIR
Buyer's Agent
Carlos Cortes
THE DIAMOND AGENCY
List Price
$779,000
Sold Price
$750,000
Premium/Discount to List
-$29,000
-3.72%
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.
Estimated Appreciation
$826,058
Avg. Annual Appreciation
9.60%
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:

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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
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

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $750,000 -3.7% $176 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $779,000 -- $183 / 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 $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

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3375194

Garden State MLS

APN: 13-03108-0000-00016