NOT LISTED FOR SALE

7 Wilfred St Montclair, NJ 07042

Estimated Value: $807,529 - $926,000

5 Beds
3 Baths
2,889 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $670,000 $232 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,815/month

18 Days on Market

About This Home

As of April 2023

This charming 2 family home is located in a desirable and convenient neighborhood, close to public transportation, parks, and dining. This home offers two distinct units - a first floor unit comprising of two bedrooms and one bathroom and a second floor unit with three bedrooms and two bathrooms. Both units offer ample living space and modern amenities. The roof has recently been updated, and the whole house enjoys plenty of natural light. Whether you're looking for a home to rent, or an income-generating investment property, this house is an ideal choice. The basement offers endless possibilities for additional living space with its unfinished structure, waiting to be transformed into anything you can imagine! FL 1 furnace is 7 years old FL 2 Furnace is 1 year old. The roof is approx 7 years old. Endless possibilities with this multi unit home.

Last Agent to Sell the Property

Justin Viterito

Keller Williams Prosperity Realty Listed on: 02/13/2023

Keller Williams Prosperity Realty

Last Buyer's Agent

Justin Viterito

Keller Williams Prosperity Realty Listed on: 02/13/2023

Keller Williams Prosperity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,277

Lot Details

  • 4,250

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 4,250 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00013 / 01901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,277

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-696-0077
  • MLS Status: Sold - Sold
  • Directions: Harrison Road to Wilfred Street
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 4250.0

Tax Info

  • Tax Annual Amount: 12277.0
  • Tax Block: 01901
  • Tax Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 7, 2023
Sold by
Harkness Jessica
Bought by
Hill Brian and Disanzo Victor
Seller's Agent
Justin Viterito
Keller Williams Prosperity Realty
Buyer's Agent
Justin Viterito
Keller Williams Prosperity Realty
List Price
$619,999
Sold Price
$670,000
Premium/Discount to List
$50,001
8.06%
Views
211
Current Estimated Value
$867,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,882
Avg. Annual Appreciation
9.51%
Original Mortgage
$507,000
Outstanding Balance
$494,263
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$337,403

Purchase Details

Closed on
Jan 12, 2022
Sold by
Ralph Harkness
Bought by
Harkness Jessica and Harkness-Lee Seleena

Purchase Details

Closed on
Jun 7, 2007
Sold by
Defreece Eileen D and Harkness Ralph
Bought by
Harkness Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1994
Sold by
Hubach Maureen
Bought by
Harkness Ralph and Harnkess Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
8.25%
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
Hill Brian $676,000 None Listed On Document
Harkness Jessica -- Scipio Darryl O
Harkness Ralph -- The Title Group Agency Inc
Harkness Ralph $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Brian $507,000
Previous Owner Harkness Ralph $230,000
Previous Owner Harkness Ralph $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $670,000 +8.1% $232 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $619,999 -- $215 / 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 $13,135 $390,000 $170,500 $219,500
2024 $13,135 $390,000 $170,500 $219,500
2022 $12,777 $388,600 $170,500 $218,100
2021 $12,556 $388,600 $170,500 $218,100
2020 $12,354 $388,600 $170,500 $218,100
2019 $12,225 $388,600 $170,500 $218,100
2018 $12,023 $388,600 $170,500 $218,100
2017 $11,251 $301,300 $110,500 $190,800
2016 $10,949 $301,300 $110,500 $190,800
2015 $10,624 $301,300 $110,500 $190,800
2014 $10,268 $301,300 $110,500 $190,800
Source: Public Records

Agents Affiliated with this Home

  • Justin Viterito

    Seller's Agent in 2023

    Justin Viterito

    Keller Williams Prosperity Realty

    (973) 487-9118

    2 in this area

    61 Total Sales

    Justin Viterito
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Map

Source: New Jersey MLS

MLS Number: 23004224

New Jersey MLS

APN: 13-01901-0000-00013

New Jersey Essex County Montclair 07042

7 Wilfred St, Montclair, NJ

This home is located at 7 Wilfred St, Montclair, NJ 07042 since 13 February 2023 and is currently estimated at $867,882, approximately $300 per square foot. 7 Wilfred St is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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