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145 Park Street

145 Park Street, Montclair, NJ 07042
Commercial in Essex
1 Units For Sale
Unit for sale at 145 Park St, Montclair Twp., NJ 07042-3901

$1,475,000

  • Commercial
  • 3,000 ft²
145 Park St, Montclair Twp., NJ 07042-3901 Listing by JEROME SAHLMAN

145 Park Street has been categorized by the local assessors in Montclair, NJ as a residential type of property. The building on the property was first built in 1897 and is 127 years old. The building has a total of 2 stories. In addition, 145 Park Street has 4,087 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 14,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 5 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 145 Park Street was last sold in Jan 22, 2024 for $1,425,000. According to our calculations, that's $348.67 per sqft. Prior to that sales transaction, the property was sold for $800,000 in May 23, 2018. Current property owners are expected to pay $23,236 in taxes per year. The property on 145 Park Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $706,700. To break that down further, the land itself was valued at $350,000. While improvements to the property were assessed at a total of $356,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220501
05/01/2022
Loft
-
3000 ft²
$1,395,000
bedrooms
Loft
bathrooms
-
square feet
3000 ft²
-
-
-
JEROME SAHLMAN
VILLAGE SQUARE REALTORS

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,087
  • Gross Building Area: 4,087
  • Building Area: 4,087
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,087
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.321
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: ADDITIONAL LOTS: 30-B,14

Ownership

  • Current Owner : MAHAA AT MONTCLAIR LLC
  • Previous Owner : 145 PARK STREET LLC
  • Owner Before Previous Owner: KORBEL STEPHEN J
  • Owner Before Previous Owner 2: KORBEL LEANNE S
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016500

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 02408-0000-00027
  • Block: 2408
  • Lot: 27
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8237
  • Longitude: -74.2109

    Address

  • Full Address: 145 Park St
  • Address - House Number: 145
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C019
  • 4-Digit Zip Code: 3901
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,236

    Market Valuation

  • Market Total Value: $706,700
  • Market Land Value: $350,000
  • Market Improvement Value: $356,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $706,700
  • Assessed Land Value: $350,000
  • Assessed Improvements Value: $356,700

    Sales

  • Current Sale Contract Date: Jan 22, 2024
  • Current Sale Recording Date: Jan 25, 2024
  • Current Sale Transaction ID: 11920424319
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4698
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 23, 2018
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Other

About Essex



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Frequently Asked Questions

What neighborhood is 145 Park Street located in?
The 145 Park Street is a commercial located in the neighborhood of Essex in Essex, Montclair.
How many listings are currently for sale in 145 Park Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 145 Park Street?
The average sales price for units in 145 Park Street is $1,475,000 , or $492/sqft. currently.

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