NOT LISTED FOR SALE

81 Porter Place Montclair, NJ 07042

Estimated Value: $1,950,000 - $2,911,000

6 Beds
4 Baths
4,589 Sq Ft
$543/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $2,550,000 $556 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $17,255/month

7 Days on Market

About This Home

As of November 2023

This home is located at 81 Porter Place, Montclair, NJ 07042 since 04 October 2023 and is currently estimated at $2,491,393, approximately $542 per square foot. This property was built in 1890. 81 Porter Place is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

SUZANNE L MICHAUD

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 10/04/2023

Last Buyer's Agent

Erin Crawford

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,483

Year Built

  • Built in 1890

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,483

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Essex
  • I D: 5248654
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 20086SF
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 9, 2023
Sold by
Douglas Meyrick I and Douglas Janita S
Bought by
Rucker Valentina and Waxman Derek
Seller's Agent
SUZANNE L MICHAUD
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Erin Crawford
KELLER WILLIAMS - NJ METRO GROUP
List Price
$2,250,000
Sold Price
$2,550,000
Premium/Discount to List
$300,000
13.33%
Views
36
Current Estimated Value
$2,491,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,607
Avg. Annual Appreciation
-1.14%
Original Mortgage
$1,600,000
Outstanding Balance
$1,564,709
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$926,684

Purchase Details

Closed on
Aug 6, 2008
Sold by
Wessel Carlton E and Wessel Sarah Morgenthau
Bought by
Douglas Meyrick I and Douglas Janita S

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
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1993
Sold by
Snyder Richard
Bought by
Wessel Carlton and Wessel Sarah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Rucker Valentina $2,550,000 Evident Title
Douglas Meyrick I $1,512,000 None Available
Wessel Carlton $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rucker Valentina $1,600,000
Previous Owner Douglas Meyrick I $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $2,550,000 +13.3% $556 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $2,250,000 0.0% $490 / Sq Ft
10/04/2023 10/04/23 Price Changed $2,250,000 -- $490 / 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 $49,483 $1,468,300 $350,200 $1,118,100
2024 $49,483 $1,468,300 $350,200 $1,118,100
2022 $47,302 $1,464,000 $350,200 $1,113,800
2021 $47,302 $1,464,000 $350,200 $1,113,800
2020 $46,541 $1,464,000 $350,200 $1,113,800
2019 $46,057 $1,464,000 $350,200 $1,113,800
2018 $45,296 $1,464,000 $350,200 $1,113,800
2017 $45,069 $1,207,000 $349,900 $857,100
2016 $43,862 $1,207,000 $349,900 $857,100
2015 $42,559 $1,207,000 $349,900 $857,100
2014 $41,135 $1,207,000 $349,900 $857,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SUZANNE L MICHAUD

    KELLER WILLIAMS - NJ METRO GROUP

  • Erin Crawford

    Buyer's Agent in 2023

    Erin Crawford

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 783-7400

    77 in this area

    121 Total Sales

    Erin Crawford
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Map

Source: Garden State MLS

MLS Number: 3868059

Garden State MLS

APN: 13-01203-0000-00018

New Jersey Essex County Montclair 07042

81 Porter Place, Montclair, NJ

Not Listed for Sale

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