by RHP Realty

Check Availability
Essex 07042
137 Valley Road
$875,000
↓ $75K (7.9%)
House - For Sale

137 Valley Road

Montclair, NJ 07042
bedrooms
4 Beds
bathrooms
4 Baths
$5,575
Estimated Monthly
$0
HOA / Fees
2.98%
Cap Rate

About This Property

Spacious 4-unit investment property in a fabulous location. Well maintained, updated apartments. All 4 one bedroom units are occupied. Close to shopping, restaurants, NYC Transportation. Separate utilities. Tenants pay heat, hot water, electric, water, sewer.
Unit Size
-
Days on Market
42 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,278
HOA Dues
-
Year Built
1913
Listed By
Sibel Oz
Prominent Properties Sotheby's International Realty-Montclair
Last updated: 23 days ago (NJMLS #24008007)

Price History

Date / Event Date Event Price
Apr 7, 2024 Price Decreased $875,000
↓ $75K (7.9%)
Price Decreased
Mar 18, 2024 Listed by Prominent Properties Sotheby's International Realty-Montclair $950,000
Listed by Prominent Properties Sotheby's International Realty-Montclair

Property Highlights

Parking Details
None
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Bathrooms: 4

Room Information

Total Rooms: 12

Fireplace Information

None

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,751
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,494
  • Building Area: 2,494
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,494
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.086
  • Legal Description 1: ADDITIONAL LOTS: 33-E,4

Ownership

  • Current Owner : 137 VALLEY ROAD INC
  • Previous Owner : BAROL INVESTMENT GROUP
  • Owner Before Previous Owner: HASSLER RICHARD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016600

Zoning

  • Zoning: NC

Geography

  • District: 13
  • Parcel: 13 01509-0000-00045
  • Block: 1509
  • Lot: 45
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8224
  • Longitude: -74.2195

    Address

  • Full Address: 137 Valley Rd
  • Address - House Number: 137
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C016
  • 4-Digit Zip Code: 2371
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,921

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 959,456
  • High Value: 1,176,064
  • Low Value: 742,848

    Market Valuation

  • Market Total Value: $453,800
  • Market Land Value: $196,900
  • Market Improvement Value: $256,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $453,800
  • Assessed Land Value: $196,900
  • Assessed Improvements Value: $256,900

    Sales

  • Current Sale Contract Date: Oct 22, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11704707525
  • Current Sale Price: $650,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2019104153
  • Previous Sale Recording Date: May 09, 1997
  • Previous Sale Contract Date: May 07, 1997
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: LLWELLYN EDISON
  • Previous Mortgage Transaction Date: May 09, 1997
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
-
$999,000 Jun 16, 2023
$999,000 Jun 16, 2023
$1,493/mo
House
5 Beds
3 Baths
-
$975,000 Nov 17, 2023
$975,000 Nov 17, 2023
$1,706/mo
House
3 Beds
2 Baths
-
$850,000 Aug 16, 2023
$850,000 Aug 16, 2023
$993/mo
Multifamily
4 Beds
2 Baths
-
$860,000 Dec 4, 2023
$860,000 Dec 4, 2023
$1,040/mo
House
5 Beds
3.1 Baths
-
$979,000 Nov 30, -0001
$1,306,000 Nov 29, 2022
-
House
3 Beds
3.1 Baths
-
$999,000 Nov 30, -0001
$1,100,000 Mar 25, 2022
-
In Contract
House
4 Beds
4 Baths
-
$1,025,000 Mar 7, 2024
-
$1,987/mo
House
4 Beds
4 Baths
-
$829,000 May 22, 2023
-
$1,111/mo
House
5 Beds
4 Baths
-
$929,000 Mar 18, 2024
-
$1,777/mo
House
5 Beds
5 Baths
-
$995,000 Jun 8, 2023
-
$12/mo
In Contract
House
5 Beds
5 Baths
-
$899,000 Dec 15, 2023
-
$1,727/mo
House
5 Beds
5 Baths
-
$1,099,000 Mar 25, 2024
-
$1,727/mo

About Essex


Similar Homes for Sale

Unit for sale at 228 Valley Road, Montclair, NJ 07042

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Unit for sale at 216 Valley Road, Montclair, NJ 07042

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Nearby Rentals

Unit for rent at 2 Claridge Dr, Verona Twp., NJ, 07044-3025

$3,250 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,235 ft²
2 Claridge Dr, Verona Twp., NJ, 07044-3025 Listing by NEJAT HEDVAT
Unit for rent at 21 Wheeler St, Montclair Twp., NJ, 07042

$3,400 /mo

  • 2 Beds
  • 2 Baths
21 Wheeler St #1, Montclair Twp., NJ, 07042 Listing by ALIZA MATTENSON
Unit for rent at 24 Lexington Ave, Montclair Twp., NJ, 07042

$3,400 /mo

  • 3 Beds
  • 1 Bath
24 Lexington Ave #3, Montclair Twp., NJ, 07042 Listing by TALIB H. AL-BAYATI


Frequently Asked Questions

When was property at 137 Valley Road built and last sold?
The property at 137 Valley Road was built in 1913 and last sold on Oct 22, 2019 for $650,000.
How much is this home worth?
The estimated value of the home located at 137 Valley Road is $959,500.
What are some comparable homes to 137 Valley Road?
Homes that are comparable to 137 Valley Road include a house property at 405 Claremont Avenue, 216 Valley Road, 9 James Street.

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