NOT LISTED FOR SALE

8 Vera Place Montclair, NJ 07042

Estimated Value: $1,433,000 - $1,833,000

4 Beds
4 Baths
2,378 Sq Ft
$691/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $889,000 $374 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,581/month

17 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Watchung Avenue
  • Formal Dining Room
  • Hillside School Rated A
  • Wood Flooring
  • 4-minute walk to Watchung Plaza and Park

About This Home

As of August 2018

Classic and convenient "move-in ready" center-hall colonial with well-thought out floor plan and several upgrades, perfectly located to NYC direct trains and buses, Watchung Plaza, and Edgemont Park.

Last Agent to Sell the Property

Derek Eisenberg

CONTINENTAL REAL ESTATE SERVICES Listed on: 06/08/2018

Last Buyer's Agent

MARGARET BRAND

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,238

Year Built

  • Built in 1921

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Clapboard
  • Tile

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Schools

  • Montclair Elementary And Middle School
  • Montclair High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Radiator
  • Electric Baseboard Heater
  • Standard Electricity
  • Water Filtration System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-02502-0000-00014-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,238

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1921
  • County Name: Essex
  • Directions: Valley or Midland Ave. to Vera Pl.
  • I D: 4811657
  • First Name: DEREK
  • First Name3: MARGARET
  • Last Name: EISENBERG
  • Last Name3: BRAND
  • Office Phone: 877-996-5728
  • Office Phone3: 973-783-6900 x 209
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Stone, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Water Filter, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer
  • Bedrooms: 4
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Living Room, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Phone: 877-996-5728

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Barbeque, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 2 Units, Wall A/C Unit(s)
  • Fuel Type: OilAbIn
  • Heating: 2 Units, Radiators - Hot Water, Radiators - Steam, Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Oil

Schools

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

Lot Info

  • Lot Size: 70X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 20238
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-02502-0000-00014-0000-
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: MONTCLAIR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2016
Sold by
Macneille Jayne S and Macneille John R
Bought by
Dallas Stephen J
Current Estimated Value
$1,643,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1993
Sold by
Neilson Demaris
Bought by
Macneille John and Macneille Janye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.79%

Purchase Details

Closed on
Jun 27, 1989
Sold by
Nuttall Arch F and Nuttall Kathryn D
Bought by
Neilson Winthrop C and Neilson Demaris K
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
Dallas Stephen J $765,000 Prestige Title Agency Inc
Macneille John $310,000 --
Neilson Winthrop C $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dallas Stephen J $650,000
Previous Owner Macneille John $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $889,000 +11.3% $374 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $799,000 -- $336 / 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 $24,576 $727,100 $385,000 $342,100
2024 $24,576 $727,100 $385,000 $342,100
2022 $23,512 $715,100 $385,000 $330,100
2021 $23,105 $715,100 $385,000 $330,100
2020 $22,733 $715,100 $385,000 $330,100
2019 $22,497 $715,100 $385,000 $330,100
2018 $21,342 $689,800 $385,000 $304,800
2017 $20,238 $542,000 $315,600 $226,400
2016 $19,696 $542,000 $315,600 $226,400
2015 $19,111 $542,000 $315,600 $226,400
2014 $18,471 $542,000 $315,600 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3477683

Garden State MLS

APN: 13-02502-0000-00014