NOT LISTED FOR SALE

86 Grove St Montclair, NJ 07042

Estimated Value: $434,249 - $488,000

2 Beds
1 Bath
1,055 Sq Ft
$150/mo HOA Fee

Last Sold April 16, 2020

Last sale price $370,000 $351 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,233/month

15 Days on Market

Highlights

  • Loft
  • Porch
  • Cooling Available
  • Hillside School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Kaveny Field

About This Home

As of April 2020

Do not miss this bright & airy 2-flr unit in the heart of Montclair. Centrally located between Walnut & Bay St train stations. Minutes from restaurants, shops and attractions. The main floor of this condo offers a well appointed eat-in kitchen, updated bathroom, and relaxing patio, along with a washer & dryer in unit and two good sized bedrooms. On the next floor is a huge loft space, currently set up as a bedroom, with two large walk-in closets. This unit comes with low HOA fees and off-street parking. Buy it to live in or as an investment. This unit is currently rented out for $37,200 a year. NOI is $27,248. Cap rate would be roughly 7%.

Last Agent to Sell the Property

Irma Brainard

WEICHERT REALTORS Listed on: 02/17/2020

WEICHERT REALTORS

Last Buyer's Agent

Stephanie Radecki

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,358

Year Built

  • Built in 1902

Lot Details

  • 5,663

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Parking Space

Interior Spaces

  • Living Room
  • Loft
  • Storage Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Porch
  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number 1613-03212-0000-00024-0000-C0002

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,358

Year Built

Built in 1902

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1902
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Bloomfield Ave to Grove St
  • I D: 4963605
  • First Name: IRMA
  • First Name3: STEPHANIE
  • Last Name: BRAINARD
  • Last Name3: RADECKI
  • Office Phone: 299350
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Kitchen, Living Room, Porch
  • Level 2 Rooms: Loft, Storage Room, Utility Room
  • Phone: 888-501-6953

Exterior Features

  • Exterior Description: CedarSid
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 150
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: 5750SF
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Rental Info

  • Pets Allowed: Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7358
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03212-0000-00024-0000-C0002
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.146
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Mayo George Kenneth and Mayo Lena
Bought by
Ehigiator Andrew and Ehigiator Manroop Chawla
Current Estimated Value
$462,562

Purchase Details

Closed on
Aug 27, 2009
Sold by
Mayo George Kenneth and Mayo Yolanda Q
Bought by
Mayo George Kenneth

Purchase Details

Closed on
Jun 9, 2009
Sold by
Steiner Cynthia
Bought by
Mayo George Kenneth and Mayo Yolanda Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ehigiator Andrew $305,000 --
Mayo George Kenneth -- None Available
Mayo George Kenneth $257,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayo George Kenneth $231,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2020 04/16/20 Sold $370,000 -4.9% $351 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $389,000 -- $369 / 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 $8,007 $236,900 $120,000 $116,900
2024 $8,007 $236,900 $120,000 $116,900
2022 $7,789 $236,900 $120,000 $116,900
2021 $7,654 $236,900 $120,000 $116,900
2020 $7,531 $236,900 $120,000 $116,900
2019 $7,248 $230,400 $120,000 $110,400
2018 $7,129 $230,400 $120,000 $110,400
2017 $8,342 $223,400 $85,300 $138,100
2016 $8,118 $223,400 $85,300 $138,100
2015 $7,877 $223,400 $85,300 $138,100
2014 $7,613 $223,400 $85,300 $138,100
Source: Public Records

Agents Affiliated with this Home

  • Irma Brainard

    Seller's Agent in 2020

    Irma Brainard

    WEICHERT REALTORS

    (201) 575-5013

    46 Total Sales

    Irma Brainard
    Section Image

  • S

    Buyer's Agent in 2020

    Stephanie Radecki

    PROMINENT PROPERTIES SIR

    (973) 464-7422

    20 in this area

    117 Total Sales

    Stephanie Radecki
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3616992

Garden State MLS

APN: 13-03212-0000-00024-0000-C0001

New Jersey Essex County Montclair 07042

86 Grove St, Montclair, NJ

Not Listed for Sale

Condos

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