NOT LISTED FOR SALE

85 Montclair Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $622,648 - $748,000

Studio
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 19, 2018

Last sale price $295,000

Est. 130% increase in value since last sale

Current estimated payment $4,269/month

45 Days on Market

About This Home

As of January 2018

This home is located at 85 Montclair Ave, Newark, NJ 07104 since 26 July 2017 and is currently estimated at $679,912. 85 Montclair Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

Irving Cham

LIFESTYLE INTERNATIONAL REALTY Brokerage Phone: 973-378-8300 Listed on: 07/26/2017

Co-Listed By

RONALD FOWLIN

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300

Last Buyer's Agent

RUBEN CUNAS

REALTY ONE GROUP LIVING

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,485 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4734117
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X133.3
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Uruchima Rodrigo
Bought by
Rodrigo and Uruchima Luis
Current Estimated Value
$679,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Outstanding Balance
$203,806
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$476,106

Purchase Details

Listed on
Jul 26, 2017
Closed on
Jan 18, 2018
Sold by
Norfolk Properties Llc
Bought by
Uruchima Luis R
Seller's Agent
Irving Cham
LIFESTYLE INTERNATIONAL REALTY
Buyer's Agent
RUBEN CUNAS
REALTY ONE GROUP LIVING
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$236,000
Interest Rate
7.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2015
Sold by
85 Montclair Associates Llc
Bought by
Norfolk Properties Llc

Purchase Details

Closed on
Sep 29, 2014
Sold by
Espejo Delia
Bought by
85 Montclair Associa Llc
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
Rodrigo -- American Land Title Affiliat
Uruchima Luis R $295,000 --
Norfolk Properties Llc -- None Available
85 Montclair Associa Llc $70,000 --
85 Montclair Associa Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigo $233,000
Previous Owner Uruchima Luis R $236,000
Closed Norfolk Properties Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $295,000 +7.3% --
09/09/2017 09/09/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $275,000 -- --
Source: Garden State MLS

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 $8,774 $230,700 $29,400 $201,300
2024 $8,601 $230,700 $29,400 $201,300
2022 $8,619 $230,700 $29,400 $201,300
2021 $8,614 $230,700 $29,400 $201,300
2020 $8,767 $230,700 $29,400 $201,300
2019 $8,677 $230,700 $29,400 $201,300
2018 $5,746 $155,600 $29,300 $126,300
2017 $5,539 $155,600 $29,300 $126,300
2016 $5,353 $155,600 $29,300 $126,300
2015 $5,149 $155,600 $29,300 $126,300
2014 $4,825 $155,600 $29,300 $126,300
Source: Public Records

Agents Affiliated with this Home

  • Irving Cham

    Seller's Agent in 2018

    Irving Cham

    LIFESTYLE INTERNATIONAL REALTY

    (973) 445-7010

    28 Total Sales

    Irving Cham
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    RONALD FOWLIN

    COLDWELL BANKER REALTY

  • R

    Buyer's Agent in 2018

    RUBEN CUNAS

    REALTY ONE GROUP LIVING

See All Agents

Map

Source: Garden State MLS

MLS Number: 3406801

Garden State MLS

APN: 14-00821-0000-00040

New Jersey Essex County Newark 07104 North Broadway

85 Montclair Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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