NOT LISTED FOR SALE

88 1/2 Elm St Montclair, NJ 07042

Estimated Value: $818,000 - $861,133

3 Beds
2 Baths
1,390 Sq Ft
$608/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $725,000 $522 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,717/month

12 Days on Market

About This Home

As of July 2023

This home is located at 88 1/2 Elm St, Montclair, NJ 07042 since 01 June 2023 and is currently estimated at $845,783, approximately $608 per square foot. This property was built in 1922. 88 1/2 Elm St is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Last Agent to Sell the Property

ROBERT CHACONAS

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 06/01/2023

Last Buyer's Agent

KIANI WHITE

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,791

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,791

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 88 1/2
  • I D: 5224236
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 40X150
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 14, 2023
Sold by
Gold Crown Ventures Corp
Bought by
Keeley Stephen L and Lee Iris
Seller's Agent
ROBERT CHACONAS
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
KIANI WHITE
COLDWELL BANKER REALTY
List Price
$599,000
Sold Price
$725,000
Premium/Discount to List
$126,000
21.04%
Views
86
Current Estimated Value
$845,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,783
Avg. Annual Appreciation
7.22%
Original Mortgage
$580,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2022
Sold by
Sandaire Alex
Bought by
Gold Crown Ventures Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Sandaire Andreana
Bought by
Sandaire Alex

Purchase Details

Closed on
Mar 17, 2005
Sold by
Greenwich Investors Xvi Llc
Bought by
Sandaire Alex and Sandaire Addreana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2004
Sold by
Forman Charles
Bought by
Greenwich Investors Xvi

Purchase Details

Closed on
Jan 28, 2002
Sold by
Green Rebecca
Bought by
Hall Judith and Pope Anson

Purchase Details

Closed on
May 1, 2001
Sold by
Estate Of Grace Sye
Bought by
Hall Judith and Pope Anson J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,325
Interest Rate
7.21%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Keeley Stephen L $725,000 None Listed On Document
Gold Crown Ventures Corp $410,000 Rms Title Services
Sandaire Alex $145,000 --
Sandaire Alex $145,000 --
Sandaire Alex $325,000 --
Greenwich Investors Xvi $260,000 --
Hall Judith -- --
Hall Judith $163,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keeley Stephen L $580,000
Previous Owner Gold Crown Ventures Corp $2,000,000
Previous Owner Sandaire Alex $260,000
Previous Owner Hall Judith $155,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $725,000 +21.0% $522 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $599,000 -- $431 / 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 $14,791 $437,600 $117,000 $320,600
2024 $14,791 $437,600 $117,000 $320,600
2022 $10,193 $310,000 $117,000 $193,000
2021 $10,016 $310,000 $117,000 $193,000
2020 $9,855 $310,000 $117,000 $193,000
2019 $9,753 $310,000 $117,000 $193,000
2018 $9,591 $310,000 $117,000 $193,000
2017 $8,163 $218,600 $81,000 $137,600
2016 $7,944 $218,600 $81,000 $137,600
2015 $7,708 $218,600 $81,000 $137,600
2014 $7,450 $218,600 $81,000 $137,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    ROBERT CHACONAS

    KELLER WILLIAMS - NJ METRO GROUP

  • K

    Buyer's Agent in 2023

    KIANI WHITE

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3846740

Garden State MLS

APN: 13-03001-0000-00015

New Jersey Essex County Montclair 07042

88 1/2 Elm St, Montclair, NJ

This home is located at 88 1/2 Elm St, Montclair, NJ 07042 since 01 June 2023 and is currently estimated at $845,783, approximately $608 per square foot. This property was built in 1922. 88 1/2 Elm St is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

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