$820,000
SOLD JUN 28, 2023

7 Cloverhill Place Montclair, NJ 07042

6 Beds
2 Baths
2,340 Sq Ft
6,850 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

3% Below List Price

16 Days on Market

Highlights

  • Multiple Fireplaces
  • Hillside School Rated A
  • Rectangular Lot

About This Home

As of March 2024

Welcome to this charming 2-family colonial in the heart of Montclair. This historic gem has 5-6 bedrooms, providing 2 separate units or the opportunity to re-convert it into a spacious single-family home. The layout is currently configured as a 2-family home, with a separate entrance to the 2nd floor, making it ideal for multi-generational living, and rental income, and with the interior staircase between the units, the possibility of converting back into a single-family residence.The larger 2nd unit has 2 full floors and 5BRs. The 1st floor offers a spacious entrance, LR, and a large BR with ensuite bath. The kitchen, while in need of some updates, presents a fantastic opportunity to design your dream culinary haven. As you ascend the staircase to the 2nd floor from the kitchen, you will find a kitchen, bath, and addtl rooms that could be BR's or purposed for other uses. The possibilities are endless for customization. Near the Bay St. train, shopping, and restaurants.

Last Agent to Sell the Property

Robin Seidon

West of Hudson Real Estate Listed on: 04/26/2023

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,220

Lot Details

  • 6,850 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00004 / 04208

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,220

Lot Details

0

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) 337-6035
  • MLS Status: Sold - Sold
  • Directions: Claremont or Glen Ridge Ave to Clover Hill
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Primary Bathroom: No
  • Basement Remarks: Laundry Room, Utility Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 6850.0

Tax Info

  • Tax Annual Amount: 12220.0
  • Tax Block: 04208
  • Tax Lot: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Feb 28, 2024
Sold by
7 Cloverhill Llc
Bought by
Kearney Claire and Kearney Jonathan
Seller's Agent
DANIELLE SHARRET
COLDWELL BANKER REALTY
Buyer's Agent
Ana Simon
BROWN HARRIS STEVENS NEW JERSEY
List Price
$1,249,000
Sold Price
$1,425,000
Premium/Discount to List
$176,000
14.09%
Views
96
Current Estimated Value
$1,348,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,337
Avg. Annual Appreciation
-3.58%
Original Mortgage
$1,140,000
Outstanding Balance
$1,121,532
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$227,131

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 22, 2023
Sold by
Swaggerty Kellice R and Swaggerty Sheila
Bought by
7 Cloverhill Llc
Seller's Agent
Robin Seidon
West of Hudson Real Estate
Buyer's Agent
Outside Agent
Outside Office
List Price
$849,000
Sold Price
$820,000
Premium/Discount to List
-$29,000
-3.42%
Views
214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.76%

Purchase Details

Closed on
Dec 29, 1987
Bought by
Swaggerty Kellice R
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 Type Sale Price Title Company
Bargain Sale Deed $1,425,000 Realsafe Title
Deed $810,000 Acres Land Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,140,000 New Conventional
Previous Owner $800,000 Construction
Previous Owner $220,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $1,425,000 +14.1% $609 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $1,249,000 +52.3% $534 / Sq Ft
06/28/2023 06/28/23 Sold $820,000 -3.4% $350 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $849,000 -- $363 / Sq Ft
Source: New Jersey 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 $12,783 $700,200 $184,000 $516,200
2024 $12,783 $399,500 $184,000 $215,500
2022 $11,544 $378,200 $184,000 $194,200
2021 $11,544 $357,300 $184,000 $173,300
2020 $11,359 $357,300 $184,000 $173,300
2019 $11,241 $357,300 $184,000 $173,300
2018 $11,055 $357,300 $184,000 $173,300
2017 $10,493 $281,000 $119,000 $162,000
2016 $10,212 $281,000 $119,000 $162,000
2015 $9,908 $281,000 $119,000 $162,000
2014 $9,576 $281,000 $119,000 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23012117

New Jersey MLS

APN: 13-04208-0000-00004