NOT LISTED FOR SALE

8 Gray St Montclair, NJ 07042

Estimated Value: $703,858 - $907,000

3 Beds
1 Bath
1,056 Sq Ft
$736/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $415,000 $393 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,505/month

10 Days on Market

Highlights

  • Views to the South
  • Colonial Architecture
  • Detached Garage
  • Hillside School Rated A
  • Property is near a park
  • Central Air

About This Home

As of October 2019

Charming colonial on a great block in Montclair! Condo alternative, this 3BR, 1BA home offers an amazing kitchen with exposed brick, concrete counters, porcelain farmhouse sink w/ SS appliances. Well maintained, this home is not to be missed. Spend lazy summer days on the open porch. Step inside to find original chestnut flooring, beautiful stained glass window on 2nd floor landing and lovely finishes throughout. A great Montclair starter or condo alternative, includes central air, lots of potential for the basement with laundry, utility room, french drain & sump pump. Great location with NYC bus at corner of Grove, nearby Watchung train and Brookdale Park. 1 car detached garage with parking for two addl cars in shared drive. Attic storage!

Last Agent to Sell the Property

Patricia Davis

Coldwell Banker, Montclair Listed on: 08/12/2019

Coldwell Banker, Montclair

Last Buyer's Agent

Patricia Davis

Coldwell Banker, Montclair Listed on: 08/12/2019

Coldwell Banker, Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,158

Year Built

  • 1924

Lot Details

  • 3,376 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Property Views

  • Views to the South

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Stucco Exterior

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 071304510 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,158

Year Built

1924

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Side Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In
  • Views/Exposure: South
  • Year Built: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 6
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: Unfinished
  • Basement: Laundry, Utility Room, Storage
  • Items Included: Fridge, Gas-Oven/Range, DW, MW, Washer, Dryer

Exterior Features

  • Exterior: Mason/stucco
  • Waterfront: None

Garage/Parking

  • Garage: Detached, 1 Car

Utilities

  • Heating: Gas, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

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

Lot Info

  • County Name: ESSEX
  • Locale: 100
  • Lot: 00020
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 3376

Tax Info

  • Tax: 14158
  • Assessor Parcel Number: 071304510 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 9, 2019
Sold by
Scanlon Brian P and Scanlon Margot L
Bought by
Folki Sean and Folki Shannon
Seller's Agent
Patricia Davis
Coldwell Banker, Montclair
Buyer's Agent
Patricia Davis
Coldwell Banker, Montclair
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Total Days on Market
10
Current Estimated Value
$777,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,215
Avg. Annual Appreciation
11.77%
Original Mortgage
$332,000
Outstanding Balance
$293,473
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$483,742

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jun 1, 2012
Sold by
Tumposky Nancy R
Bought by
Scanlon Brian P and Scanlon Margot L
Seller's Agent
Danna Steck
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
Patricia Davis
COLDWELL BANKER REALTY
Sold Price
$324,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$226,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1993
Sold by
Schu Young
Bought by
Tumposky Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.77%
Source: Public Records

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Range of Values:

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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
Folki Sean $415,000 Fidelity National Title (Aka
Scanlon Brian P $324,000 Nrt Title Agency Llc
Tumposky Nancy $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folki Sean $332,000
Previous Owner Scanlon Brian P $226,800
Previous Owner Tumposky Nancy R $280,000
Previous Owner Tumposky Nancy $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $415,000 +3.8% $393 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $399,900 -5.9% $379 / Sq Ft
08/12/2019 08/12/19 For Sale $425,000 +31.2% $402 / Sq Ft
06/01/2012 06/01/12 Sold $324,000 -- $307 / 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
2024 $13,861 $410,100 $316,900 $93,200
2022 $13,484 $410,100 $316,900 $93,200
2021 $13,250 $410,100 $316,900 $93,200
2020 $13,037 $410,100 $316,900 $93,200
2019 $14,396 $457,600 $316,900 $140,700
2018 $14,158 $457,600 $316,900 $140,700
2017 $12,345 $330,600 $240,900 $89,700
2016 $12,014 $330,600 $240,900 $89,700
2015 $11,657 $330,600 $240,900 $89,700
2014 $11,267 $330,600 $240,900 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1937829

New Jersey MLS

APN: 13-04510-0000-00020