NOT LISTED FOR SALE

7 Claremont Place Montclair, NJ 07042

Estimated Value: $1,008,000 - $1,101,000

-- Bed
-- Bath
2,065 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $531,000 $257 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,641/month

12 Days on Market

About This Home

As of May 2020

This home is located at 7 Claremont Place, Montclair, NJ 07042 since 15 April 2020 and is currently estimated at $1,049,976, approximately $508 per square foot. This property was built in 1902. 7 Claremont Place is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

Shana Cohen

KELLER WILLIAMS TOWN LIFE Brokerage Phone: 201-894-8004 Listed on: 04/15/2020

KELLER WILLIAMS TOWN LIFE

Last Buyer's Agent

Julie Salmon

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,612

Year Built

  • Built in 1902

Lot Details

  • 8,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,612

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Year Built: 1902
  • County Name: Essex
  • Street Number Display: 7
  • I D: 4975850
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-894-8004
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 88X102 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 22, 2020
Sold by
Queens Park Oval Asset Holdings Trust
Bought by
Wojcik Artur and Wojcik Agnieszka Anna
Seller's Agent
Shana Cohen
KELLER WILLIAMS TOWN LIFE
Buyer's Agent
Julie Salmon
COLDWELL BANKER REALTY
List Price
$469,900
Sold Price
$531,000
Premium/Discount to List
$61,100
13%
Current Estimated Value
$981,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,920
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Mar 10, 2015
Sold by
Fontoura Armando B
Bought by
Queens Park Oval Asset Holding Trust and Bamigboye Adebisi

Purchase Details

Closed on
Dec 6, 2012
Sold by
Morrison Deloris and Bamigboye Adebisi
Bought by
Morrison Deloris

Purchase Details

Closed on
Nov 21, 2008
Sold by
Morrison Deloris
Bought by
Morrison Deloris and Bamigboye Adebisi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,800
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1999
Sold by
Abed Youseff
Bought by
Morrison Deloris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
6.78%

Purchase Details

Closed on
Jul 8, 1996
Sold by
Collective Bank
Bought by
Abed Yousef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.4%

Purchase Details

Closed on
Sep 20, 1989
Sold by
Wojcik Russell and Wojcik Swinger,Casimir
Bought by
Bridges Ronald E
Source: Public Records

Range of Values:

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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
Wojcik Artur $531,000 None Available
Queens Park Oval Asset Holding Trust $382,764 None Available
Morrison Deloris -- None Available
Morrison Deloris -- None Available
Morrison Deloris $189,000 --
Abed Yousef $109,000 --
Bridges Ronald E $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Deloris $322,395
Previous Owner Morrison Deloris $309,800
Previous Owner Morrison Deloris $270,000
Previous Owner Morrison Deloris $179,550
Previous Owner Abed Yousef $98,000
Closed Queens Park Oval Asset Holding Trust --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $531,000 +13.0% $257 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $469,900 -- $228 / 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 $14,612 $432,300 $193,700 $238,600
2024 $14,612 $432,300 $193,700 $238,600
2022 $13,958 $424,500 $193,700 $230,800
2021 $13,716 $424,500 $193,700 $230,800
2020 $13,495 $424,500 $193,700 $230,800
2019 $13,355 $424,500 $193,700 $230,800
2018 $13,134 $424,500 $193,700 $230,800
2017 $11,292 $302,400 $129,000 $173,400
2016 $10,989 $302,400 $129,000 $173,400
2015 $10,663 $302,400 $129,000 $173,400
2014 $10,306 $302,400 $129,000 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Shana Cohen

    Seller's Agent in 2020

    Shana Cohen

    KELLER WILLIAMS TOWN LIFE

    (201) 912-5683

    242 Total Sales

    Section Image
  • Julie Salmon

    Buyer's Agent in 2020

    Julie Salmon

    COLDWELL BANKER REALTY

    (201) 341-8334

    24 in this area

    57 Total Sales

    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3628016

Garden State MLS

APN: 13-04204-0000-00016

New Jersey Essex County Montclair 07042

7 Claremont Place, Montclair, NJ

This home is located at 7 Claremont Place, Montclair, NJ 07042 since 15 April 2020 and is currently estimated at $1,049,976, approximately $508 per square foot. This property was built in 1902. 7 Claremont Place is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

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