NOT LISTED FOR SALE

63 Melrose Place Montclair, NJ 07042

Estimated Value: $2,438,000 - $2,727,003

8 Beds
6 Baths
4,408 Sq Ft
$579/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $2,819,900 $640 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,117/month

18 Days on Market

Highlights

  • 28,536 Sq Ft lot
  • Multiple Fireplaces
  • Central Air
  • Hillside School Rated A
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of June 2023

This CH Colonial was renovated in 2010. The 1st Fl is filled with light. The foyer opens to DR w/stunning moldings & a large LR/WBFP. Chef's kitchen with double oven & island w/marble countertop, Wolf range & SS appliances. Cozy sitting rm w/gas FP & cozy den. 1st Fl also includes a large mudroom & sunny office space. There are 4 BDRMS on the 2nd Fl. Huge primary bathroom featuring a soaking tub & separate shower. One 2nd Fl BDRM is perfect for guests w/sitting room & ensuite bath. The laundry is on the 2nd Fl. 4 additional BDRMS & bath w/double vanity & full shower on 3rd Fl. Finished basement with wine rm, exercise area, kitchenette & media viewing area. Large patio & yard. This home has a 2 BDRM carriage house over the 2 car garage. The carriage house was fully renovated in 2021 and is a fantastic spot for in-laws, live-in nanny, extra WFH space or can be rented to a tenant -- a fabulous way to offset the majority of your tax bill. 63 Melrose is not to be missed!

Last Agent to Sell the Property

Melissa Bigelow

Prominent Properties Sotheby's International Realty-Montclair Listed on: 04/13/2023

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Sidney Simon

West of Hudson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,067

Lot Details

  • 0.66 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Magnet Elementary School
  • Magnet Middle School
  • Montclair High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00006 / 01205

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,067

Lot Details

0.66 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-783-6900
  • MLS Status: Sold - Sold
  • Directions: Gates to Eagle Rock
  • Reso Fireplace Features: 4 Fireplaces
  • Year Built Details: 1900-1939,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Primary Bathroom: Yes
  • Basement Remarks: Exercise Rm, Kitch, Media Rm, Pwd Rm, Rec Rm, Storage Rm

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Fabricated Stucco, Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Schools

  • Elementary School: Magnet E.S.
  • High School: Montclair H.S.
  • Middle Or Junior School: Magnet
  • Elementary: Magnet E.S.

Lot Info

  • Lot Size Sq Ft: 28536.0

Tax Info

  • Tax Annual Amount: 35067.0
  • Tax Block: 01205
  • Tax Lot: 00006

MLS Schools

  • High School Text: Montclair H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 7, 2023
Sold by
Willis Scott and Willis Michele
Bought by
Steele Derrick and Jackson Jennifer
Seller's Agent
Melissa Bigelow
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Sidney Simon
West of Hudson Real Estate
List Price
$2,199,000
Sold Price
$2,819,900
Premium/Discount to List
$620,900
28.24%
Views
93
Current Estimated Value
$2,553,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$266,899
Avg. Annual Appreciation
-3.67%
Original Mortgage
$1,973,930
Outstanding Balance
$1,914,632
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$638,369

Purchase Details

Closed on
Sep 13, 2010
Sold by
Willis Scott and Willis Michele
Bought by
Willis Scott and Willis Michele

Purchase Details

Closed on
Apr 6, 2009
Sold by
Smith Mavis E
Bought by
Willis Scott and Willis Michele
Source: Public Records
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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
Steele Derrick $2,819,900 Ridge Title
Willis Scott -- None Available
Willis Scott $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Derrick $1,973,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $2,819,900 +28.2% $640 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $2,199,000 -- $499 / Sq Ft
Source: New Jersey MLS

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 $36,048 $1,107,700 $367,100 $740,600
2024 $36,048 $1,107,700 $367,100 $740,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23010577

New Jersey MLS

APN: 13-01205-0000-00006-01

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