NOT LISTED FOR SALE

85 Montrose Ave Fanwood, NJ 07023

Estimated Value: $1,056,000 - $1,232,030

4 Beds
3 Baths
1,414 Sq Ft
$823/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,125,000 $796 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,129/month

11 Days on Market

About This Home

As of April 2023

This home is located at 85 Montrose Ave, Fanwood, NJ 07023 since 09 March 2023 and is currently estimated at $1,164,258, approximately $823 per square foot. This property was built in 1955. 85 Montrose Ave is a home located in Union County with nearby schools including Howard B. Brunner Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

Jaynie Carlucci

REAL Brokerage Phone: 973-310-6816 Listed on: 03/09/2023

Last Buyer's Agent

WILLIAM KENNY KWONG

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,427

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,427

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • Street Number Display: 85
  • I D: 5207304
  • Modified: 2024-04-29
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 78X104
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 24, 2023
Sold by
Leone Danielle and Leone Gianfranco
Bought by
Saltzburg Alex and Saltzburg Nicole
Seller's Agent
Jaynie Carlucci
REAL
Buyer's Agent
WILLIAM KENNY KWONG
EXP REALTY, LLC
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%
Views
188
Current Estimated Value
$1,164,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,258
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,012,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
R Iaione Companies Inc
Bought by
Leone Danielle and Leone Gianfranco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 6, 2017
Sold by
Morton James and Morton Diosa
Bought by
R Iaione Companies Inc
Seller's Agent
MARY ELLEN O BOYLE
PROMINENT PROPERTIES SIR
Buyer's Agent
Adele Cerimele
ERA SUBURB REALTY
List Price
$385,000
Sold Price
$360,000
Premium/Discount to List
-$25,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Original Mortgage
$3,105,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2007
Sold by
Bellomo Mary C and Matula Aurora Bellomo
Bought by
Morton James and Morton Diosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,578
Interest Rate
6.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Saltzburg Alex $1,125,000 Nexus Title
Leone Danielle $815,000 Wfg National Title Co
R Iaione Companies Inc $360,000 American Land Title Assn
Morton James $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saltzburg Alex $720,000
Closed Saltzburg Alex $1,012,500
Previous Owner Krug Matthew V $293,000
Previous Owner Leone Danielle $535,000
Previous Owner R Iaione Companies Inc $3,105,000
Previous Owner Morton James $407,578
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,125,000 -2.2% $796 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $1,150,000 +219.4% $813 / Sq Ft
12/18/2017 12/18/17 Sold $360,000 -6.5% $255 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $385,000 -- $272 / 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
2024 $21,427 $753,400 $254,600 $498,800
2023 $21,427 $753,400 $254,600 $498,800
2022 $21,148 $753,400 $254,600 $498,800
2021 $20,937 $753,400 $254,600 $498,800
2020 $20,319 $753,400 $254,600 $498,800
2019 $18,664 $127,400 $33,900 $93,500
2018 $11,895 $81,800 $33,900 $47,900
2017 $11,650 $81,800 $33,900 $47,900
2016 $11,300 $81,800 $33,900 $47,900
2015 $10,832 $81,800 $33,900 $47,900
2014 $10,713 $81,800 $33,900 $47,900
Source: Public Records

Agents Affiliated with this Home

  • Jaynie Carlucci

    Seller's Agent in 2023

    Jaynie Carlucci

    REAL

    (908) 873-7306

    8 in this area

    131 Total Sales

    Jaynie Carlucci
    Section Image

  • W

    Buyer's Agent in 2023

    WILLIAM KENNY KWONG

    EXP REALTY, LLC

    (908) 590-1257

    1 in this area

    61 Total Sales

    WILLIAM KENNY KWONG
    Section Image

  • M

    Seller's Agent in 2017

    MARY ELLEN O BOYLE

    PROMINENT PROPERTIES SIR

  • Adele Cerimele

    Buyer's Agent in 2017

    Adele Cerimele

    ERA SUBURB REALTY

    (908) 322-4434

    2 in this area

    28 Total Sales

    Adele Cerimele
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3832256

Garden State MLS

APN: 05-00023-0000-00011

New Jersey Union County Fanwood 07023

85 Montrose Ave, Fanwood, NJ

This home is located at 85 Montrose Ave, Fanwood, NJ 07023 since 09 March 2023 and is currently estimated at $1,164,258, approximately $823 per square foot. This property was built in 1955. 85 Montrose Ave is a home located in Union County with nearby schools including Howard B. Brunner Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

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