NOT LISTED FOR SALE

81 Prospect Ave Montclair, NJ 07042

Montclair Area

Estimated Value: $2,966,000 - $3,947,867

8 Beds
5 Baths
6,317 Sq Ft
$557/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2025

Last sale price $4,650,000 $736 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $23,350 / mo

About This Home

As of May 2025

This home is located at 81 Prospect Ave, Montclair, NJ 07042 since 06 May 2025 and is currently estimated at $3,520,289, approximately $557 per square foot. This property was built in 1900. 81 Prospect Ave is a home located in Essex County with nearby schools including Hillside School, Bradford School, and Nishuane School.

Last Agent to Sell the Property

Julie Kim

PROMINENT PROPERTIES SIR Brokerage Phone: 973-783-6900 Listed on: 05/06/2025

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Ann Mccarthy

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.77

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0.77 Acres

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • I D: 5355915
  • Attribution Contact: 973-783-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 189X177 IRR

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
May 5, 2025
Sold by
Chung Thomas and Chung Erin
Bought by
Seller's Agent
Julie Kim
PROMINENT PROPERTIES SIR
Buyer's Agent
Ann Mccarthy
PROMINENT PROPERTIES SIR
Sold Price
$4,650,000
Views
3
Current Estimated Value
$3,520,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,129,711
Avg. Annual Appreciation
-19.14%

Purchase Details

Closed on
Feb 8, 2019
Sold by
Horowicz Peter B and Horowicz Dianne D
Bought by
Chung Thomas and Chung Erin

Purchase Details

Closed on
Apr 17, 1998
Sold by
Moses Harold
Bought by
Horowicz Peter B and Horowicz Dianne D
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Montclair, NJ

  • Francesco Mazzaferro Real Estate Agent - Compass New Jersey, LLC-Jersey City

    Francesco Mazzaferro

    Compass New Jersey, LLC-Jersey City

    (973) 406-4081

    245 Total Sales

    3 in Montclair

    $235K - $260K Price Range

    Francesco Mazzaferro
     Section Image
  • Paul K. Bryant Real Estate Agent - Coldwell Banker, Hoboken

    Paul K. Bryant

    Coldwell Banker, Hoboken

    (862) 325-5277

    109 Total Sales

    4 in Montclair

    $1,340,000 Price Range

    Paul K. Bryant
     Section Image
  • Mark Slade Real Estate Agent - KELLER WILLIAMS MID-TOWN DIRECT REALTY

    Mark Slade

    Responds Quickly

    KELLER WILLIAMS MID-TOWN DIRECT REALTY

    (844) 802-1554

    151 Total Sales

    2 in Montclair

    $1.2M - $1.5M Price Range

    Mark Slade
     Section Image
  • Robert Bailey-Lemansky Real Estate Agent - Keller Williams Suburban Realty

    Robert Bailey-Lemansky

    Keller Williams Suburban Realty

    (862) 217-5531

    39 Total Sales

    1 in Montclair

    $235,000 Price

    Robert Bailey-Lemansky
     Section Image
  • Elizabeth Morris Real Estate Agent - Prominent Properties Sotheby's International Realty-Montclair

    Elizabeth Morris

    Prominent Properties Sotheby's International Realty-Montclair

    (845) 671-3511

    142 Total Sales

    49 in Montclair

    $166K - $2.9M Price Range

    Elizabeth Morris
     Section Image
  • Maggie Sherman D'Aquila Real Estate Agent - Compass

    Maggie Sherman D'Aquila

    Compass

    (551) 213-6780

    49 Total Sales

    5 in Montclair

    $1.2M - $2.3M Price Range

    Maggie Sherman D'Aquila
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,650,000 Evident Title
Chung Thomas $1,675,000 Guardian Title Services
Horowicz Peter B $790,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2025 05/06/25 Sold $4,650,000 -- $736 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $56,020 $1,593,300 $526,700 $1,066,600
2025 $56,020 $1,593,300 $526,700 $1,066,600
2024 $52,451 $1,551,800 $526,700 $1,025,100
2022 $51,023 $1,551,800 $526,700 $1,025,100
2021 $50,139 $1,551,800 $526,700 $1,025,100
2020 $46,671 $1,468,100 $526,700 $941,400
2019 $45,812 $1,456,200 $526,700 $929,500
2018 $52,790 $1,706,200 $526,700 $1,179,500
2017 $53,475 $1,432,100 $357,600 $1,074,500
2016 $52,043 $1,432,100 $357,600 $1,074,500
2015 $50,496 $1,432,100 $357,600 $1,074,500
2014 $48,806 $1,399,600 $357,600 $1,042,000
Source: Public Records

Agents Affiliated with this Home

  • Julie Kim Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2025

    Julie Kim

    PROMINENT PROPERTIES SIR

    (973) 868-5699

    36 Total Sales

    Julie Kim
    Section Image
  • Ann Mccarthy Real Estate Agent - PROMINENT PROPERTIES SIR

    Buyer's Agent in 2025

    Ann Mccarthy

    PROMINENT PROPERTIES SIR

    (973) 744-4442

    116 Total Sales

    Ann Mccarthy
    Section Image
  • Fredericka Mirenda Real Estate Agent - PROMINENT PROPERTIES SIR

    Buyer Co-Listing Agent in 2025

    Fredericka Mirenda

    PROMINENT PROPERTIES SIR

    (973) 479-8787

    113 Total Sales

    Fredericka Mirenda
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3961158

Garden State MLS

APN: 13-00405-0000-00015

New Jersey Essex County Montclair 07042

81 Prospect Ave, Montclair, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.