NOT LISTED FOR SALE

62 Central Ave Montclair, NJ 07042

Estimated Value: $1,052,337 - $1,287,000

4 Beds
3 Baths
1,620 Sq Ft
$720/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $555,000 $343 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,662/month

About This Home

As of May 2015

This home is located at 62 Central Ave, Montclair, NJ 07042 since 04 May 2015 and is currently estimated at $1,166,334, approximately $719 per square foot. This property was built in 1921. 62 Central Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

Qizhan Yao

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 05/04/2015

Last Buyer's Agent

Pauline Panza

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Year Built: 1921
  • County Name: Essex
  • I D: 4504451
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 45X110
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Apr 30, 2015
Sold by
V5 62 Central Llc
Bought by
Mclarty Justus and Landis Mclarty Rebecca
Seller's Agent
Qizhan Yao
REALMART REALTY
Buyer's Agent
Pauline Panza
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$555,000
Current Estimated Value
$1,166,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,334
Avg. Annual Appreciation
7.18%
Original Mortgage
$471,750
Outstanding Balance
$363,551
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$802,783

Purchase Details

Listed on
Apr 30, 2014
Closed on
Apr 30, 2014
Sold by
Bell Mcbridge Robin
Bought by
V5 62 Central Llc
Seller's Agent
FRANCINE LICHTMAN
HEARTH REALTY GROUP
Buyer's Agent
FRANCINE LICHTMAN
HEARTH REALTY GROUP
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.89%

Purchase Details

Closed on
Aug 22, 2006
Sold by
Cestone Allison
Bought by
Mcbride Robin Bell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 18, 1993
Sold by
Cestone Allison
Bought by
Cestone Allison and Cestone Cestone,Cora

Purchase Details

Closed on
Jul 31, 1992
Sold by
Cestone Allan
Bought by
Cestone Allison
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
Mclarty Justus $555,000 Acres Land Title Agency Llc
V5 62 Central Llc -- None Available
Mcbride Robin Bell $470,000 --
Cestone Allison -- --
Cestone Allison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclarty Justus $471,750
Previous Owner Mcbride Robin Bell $94,000
Closed V5 62 Central Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2015 05/04/15 Sold $555,000 +82.0% $343 / Sq Ft
04/30/2014 04/30/14 Sold $305,000 -- $188 / 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 $18,752 $554,800 $374,800 $180,000
2024 $18,752 $554,800 $374,800 $180,000
2022 $18,242 $554,800 $374,800 $180,000
2021 $17,926 $554,800 $374,800 $180,000
2020 $17,637 $554,800 $374,800 $180,000
2019 $17,454 $554,800 $374,800 $180,000
2018 $17,166 $554,800 $374,800 $180,000
2017 $15,578 $417,200 $234,300 $182,900
2016 $13,580 $373,700 $234,300 $139,400
2015 $13,177 $373,700 $234,300 $139,400
2014 $12,736 $373,700 $234,300 $139,400
Source: Public Records

Agents Affiliated with this Home

  • Qizhan Yao

    Seller's Agent in 2015

    Qizhan Yao

    REALMART REALTY

    (732) 727-2285

    2 in this area

    1,557 Total Sales

    Qizhan Yao
    Section Image
  • Pauline Panza

    Buyer's Agent in 2015

    Pauline Panza

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 284-7350

    31 in this area

    112 Total Sales

    Pauline Panza
    Section Image

  • F

    Seller's Agent in 2014

    FRANCINE LICHTMAN

    HEARTH REALTY GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3194123

Garden State MLS

APN: 13-01512-0000-00012

New Jersey Essex County Montclair 07042

62 Central Ave, Montclair, NJ

Not Listed for Sale

Detached

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