NOT LISTED FOR SALE

8 Park Terrace Montclair, NJ 07043

Estimated Value: $944,000 - $1,127,829

3 Beds
3 Baths
2,280 Sq Ft
$458/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $585,000 $257 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,106/month

81 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Bradford School Rated A-
  • Recreation Room
  • Attic

About This Home

As of March 2020

Classic center hall colonial in desirable Up. Montclair. Turn-Key home offers large kitchen with granite counters, SS appliances, opens to family room wood burning fireplace French doors to deck, formal DR, formal L/V with wood burningireplace. Laundry on 1st fl. sun room off of kitchen, Central A/C, Light filled spacious bedrooms. New master bath and main bath. Hardwood floors throughout. Finished basement with lots of extra storage. New roof. Private back yard, Private street, no thru traffic. Enjoy shops, arts, restaurants, NYC DeCamp bus just steps away. INCLUDES HOME WARRENTY. Move in ready.

Last Agent to Sell the Property

Josephine Cuzzo-Heffernan

COLDWELL BANKER REALTY Listed on: 08/01/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

DAMANI HAMLET-DAUGHERTY

ELITE LEVEL REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,732

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts a private road
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Partially Finished Basement
  • Front Basement Entry
  • Attic

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 1613-02805-0000-00025-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,732

Year Built

Built in 1935 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Renovated
  • County Name: Essex
  • Directions: Grove Street or Park Street to Alexander Ave to Park Terrace
  • I D: 4915980
  • First Name: JOSEPHINE
  • First Name3: DAMANI
  • Last Name: CUOZZO-HEFFERNAN
  • Last Name3: HAMLET-DAUGHERTY
  • Office Phone: 973-378-8300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Stone, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Refrigerator, OvnWElec
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, TubShowr
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 16x12
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 7x9
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Other Room2 Dim: 11x7
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Level: Basement
  • Other Room 4: Utility Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Dining Room, Entrance Vestibule, Family Room, Kitchen, Laundry Room, Living Room, Sunroom
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 973-378-8300

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Curbs, Deck, Patio, Storm Door(s), Storm Window(s), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 9170SF
  • Easement: Unknown
  • Lot Description: Level Lot, Private Road
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 20732
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-02805-0000-00025-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.094
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Mar 16, 2020
Sold by
Sagewood Sff Iii Llc
Bought by
Francois Michaelle and Hamlet Daugherty Damani
Seller's Agent
Josephine Cuzzo-Heffernan
COLDWELL BANKER REALTY
Buyer's Agent
DAMANI HAMLET-DAUGHERTY
ELITE LEVEL REALTY LLC
List Price
$579,000
Sold Price
$585,000
Premium/Discount to List
$6,000
1.04%
Current Estimated Value
$1,044,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,957
Avg. Annual Appreciation
10.65%
Original Mortgage
$555,750
Outstanding Balance
$490,185
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$554,772

Purchase Details

Closed on
Jul 15, 1997
Sold by
Coad Andrew Charleston
Bought by
Panico Todd and Panico Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.55%

Purchase Details

Closed on
Jun 13, 1989
Sold by
Mackay Verna F and Mackay George W
Bought by
Charleston-Coad Andrew K and Charleston-Coad Virginia

Purchase Details

Closed on
Aug 1, 1988
Sold by
Mackay George W
Bought by
Mackay George W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Francois Michaelle $585,000 Foundation Title
Panico Todd $290,000 --
Charleston-Coad Andrew K $250,000 --
Mackay George W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francois Michaelle $555,750
Previous Owner Panico Todd $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $585,000 +1.0% $257 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $579,000 0.0% $254 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $579,000 -- $254 / 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 $19,499 $576,900 $395,900 $181,000
2024 $19,499 $576,900 $395,900 $181,000
2022 $18,968 $576,900 $395,900 $181,000
2021 $18,640 $576,900 $395,900 $181,000
2020 $21,598 $679,400 $395,900 $283,500
2019 $21,081 $670,100 $395,900 $274,200
2018 $20,733 $670,100 $395,900 $274,200
2017 $22,863 $612,300 $372,600 $239,700
2016 $22,251 $612,300 $372,600 $239,700
2015 $21,590 $612,300 $372,600 $239,700
2014 $20,867 $612,300 $372,600 $239,700
Source: Public Records

Agents Affiliated with this Home

  • Josephine Cuzzo-Heffernan

    Seller's Agent in 2020

    Josephine Cuzzo-Heffernan

    COLDWELL BANKER REALTY

    (973) 919-0167

    2 in this area

    34 Total Sales

    Josephine Cuzzo-Heffernan
    Section Image

  • D

    Buyer's Agent in 2020

    DAMANI HAMLET-DAUGHERTY

    ELITE LEVEL REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3578868

Garden State MLS

APN: 13-02805-0000-00025

New Jersey Essex County Montclair 07043

8 Park Terrace, Montclair, NJ

Not Listed for Sale

Detached

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