NOT LISTED FOR SALE

86 Watchung Ave Montclair, NJ 07043

Estimated Value: $922,000 - $1,722,392

5 Beds
4 Baths
3,447 Sq Ft
$367/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $1,139,000 $330 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,114/month

39 Days on Market

About This Home

As of April 2024

A truly delightful home with an artistic flair, this Upper Montclair two family is sure to please. Many special highlights include original molding, stained glass windows, high ceilings and balcony off the third floor bedroom. The oversized yard offers so many possibilities with a little over half an acre for a garden, pool, firepit, or whatever your heart desires. Currently used as a woodshop, the garage offers flexibility to suit various needs. The 1,670 sqft second floor apartment is ideal for an owner occupant or a great rental income producer offering two floors of spacious & bright rooms with large windows and skylights galore. The living room, family room, 1 bedroom, full bath, kitchen and dining room is located on the second floor with an additional two bedrooms, bathroom, ample closet space and laundry room on the third floor. Deck access from the living room and dining area is ideal for entertaining.

Last Agent to Sell the Property

Michelle Hawley

Keller Williams Village Square Realty Listed on: 03/18/2024

Keller Williams Village Square Realty

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,479

Lot Details

  • 0.57

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in unit
  • 0.57 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00032 / 02503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,479

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (973) 521-6134
  • MLS Status: Sold - Sold
  • Directions: Off Valley Rd
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 24650.0

Tax Info

  • Tax Annual Amount: 21479.0
  • Tax Block: 02503
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 15, 2024
Sold by
Revocable Living Trust and Lindner Jonathan
Bought by
Arch Homes Llc
Seller's Agent
Michelle Hawley
Keller Williams Village Square Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,099,000
Sold Price
$1,139,000
Premium/Discount to List
$40,000
3.64%
Views
122
Current Estimated Value
$1,344,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,277
Avg. Annual Appreciation
13.82%
Original Mortgage
$1,638,700
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2020
Sold by
April Lucien and Beattie Linder
Bought by
Revocable Living Trust Agmt For David Ca

Purchase Details

Closed on
Jun 9, 1983
Bought by
Allen Lucille A
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arch Homes Llc $1,139,000 None Listed On Document
Revocable Living Trust Agmt For David Ca -- None Available
Linder Jonathan -- None Available
Allen Lucille A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Arch Homes Llc $1,638,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $1,139,000 +3.6% $330 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,099,000 -- $319 / Sq Ft
Source: New Jersey 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 $21,480 $645,900 $368,400 $277,500
2024 $21,480 $635,500 $368,400 $267,100
2022 $20,895 $635,500 $368,400 $267,100
2021 $20,533 $635,500 $368,400 $267,100
2020 $20,203 $635,500 $368,400 $267,100
2019 $19,993 $635,500 $368,400 $267,100
2018 $19,681 $636,100 $368,400 $267,700
2017 $18,797 $503,400 $281,800 $221,600
2016 $18,294 $503,400 $281,800 $221,600
2015 $17,750 $503,400 $281,800 $221,600
2014 $17,156 $503,400 $281,800 $221,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24008075

New Jersey MLS

APN: 13-02503-0000-00032