NOT LISTED FOR SALE

Estimated Value: $773,646

6 Beds
2 Baths
-- Sq Ft
9,300 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $682,500

Est. 13% increase in value since last sale

Current estimated payment $5,576/month

16 Days on Market

About This Home

As of October 2022

Incredible opportunity! This custom built two family boasts a 3+ car garage & loft storage! Lovely,level lot with plenty of additional parking!Almost 3000 sq ft of living space not counting the full,finished basement with 8 ft ceilings! Both units are in impeccable condition & decorated in light,neutral colors.Hardwood floors & plenty of closet & storage space too.Second floor has it's own laundry area off kitchen plus laundry area in basement for 1st floor.Great location near town & NYC trans-you won't want to miss this!

Last Listed By

Lynne Mortimer

Coldwell Banker, Montclair Listed on: 07/12/2022

Coldwell Banker, Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,382

Year Built

  • 1960

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 50x186

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00062 / 00811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,382

Year Built

1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • Co List Office Phone: 973-233-2300
  • MLS Status: Sold - Sold
  • Directions: Broughton between Bay & Pettit
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Remarks: Full,partially finished,laundry,storage,utility

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Dimensions: 50x186
  • Lot Size Sq Ft: 9300.0

Tax Info

  • Tax Annual Amount: 14382.0
  • Tax Block: 00811
  • Tax Lot: 00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 26, 2022
Sold by
Mcdonough James E
Bought by
Shah Riki and Pusatera Sabrina Banff
Seller's Agent
Lynne Mortimer
Coldwell Banker, Montclair
Buyer's Agent
Daven Shah
Prestige Property Group - Montclair
List Price
$599,900
Sold Price
$682,500
Premium/Discount to List
$82,600
13.77%
Total Days on Market
16
Current Estimated Value
$773,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,146
Avg. Annual Appreciation
4.92%
Original Mortgage
$624,999
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 18, 2018
Closed on
Feb 13, 2019
Sold by
Eriksen Kjell B
Bought by
Mcdonough James E and Mcdonough Caitlin
Seller's Agent
ELLENA DAVIET
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Lynne Mortimer
COLDWELL BANKER REALTY
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

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
Shah Riki $682,500 Sunnyside Title
Mcdonough James E $500,000 Fidelity National Title (Aka
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Riki $624,999
Previous Owner Mcdonough James E $469,787
Previous Owner Mcdonough James E $19,029
Previous Owner Mcdonough James E $476,506
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $682,500 +13.8% --
07/28/2022 07/28/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $599,900 +20.0% --
02/15/2019 02/15/19 Sold $500,000 0.0% --
01/10/2019 01/10/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $499,900 -- --
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
2024 $15,186 $464,700 $149,200 $315,500
2023 $14,880 $464,700 $149,200 $315,500
2022 $14,880 $464,700 $149,200 $315,500
2021 $14,606 $464,700 $149,200 $315,500
2020 $14,382 $464,700 $149,200 $315,500
2019 $14,447 $362,900 $131,000 $231,900
2018 $14,135 $362,900 $131,000 $231,900
2017 $13,918 $362,900 $131,000 $231,900
2016 $13,758 $362,900 $131,000 $231,900
2015 $13,631 $362,900 $131,000 $231,900
2014 $13,377 $362,900 $131,000 $231,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22025901

New Jersey MLS

APN: 02-00811-0000-00062