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197 Lorraine Avenue

197 Lorraine Avenue, Montclair, NJ 07043
Condo in Essex
197 Lorraine Avenue is a condo located in Essex, Montclair. The building was first built in 1900 and is 124 years old. 197 Lorraine Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's deck. There are 2 closings on record. The most recent transaction was for unit C0002, sold for $800,000 on Oct 21, 2020. Fun fact, the oldest transaction we have on record took place on Jun 01, 2015. See the full transaction history for 197 Lorraine Avenue below.

Essex, where 197 Lorraine Avenue is located, has a median asking price of $362,450 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 0
  • Building Area: 1,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Exempt
  • Standard Land Use Code: Exempt (full or partial)
  • Legal Description 1: FACILITY NAME: CONDO MOTHER LOT

Ownership

  • Current Owner : 197 LORRAINE AVENUE LLC
  • Previous Owner : COX DEREK
  • Previous Owner 2: COX GINNY
  • Owner Before Previous Owner: 1ST UNION NATL BK
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016100

Zoning

  • Zoning: R2

Geography

  • District: 13
  • Parcel: 13 01809-0000-00014
  • Block: 1809
  • Lot: 14
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8422
  • Longitude: -74.2051

    Address

  • Full Address: 197 Lorraine Ave
  • Address - House Number: 197
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C053
  • 4-Digit Zip Code: 1948
  • Zip Code: 07043

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $755,000
  • First Open Lien Mortgage Lender: ALPHA LOAN SERVICING LLC
  • First Open Lien Mortgage Recording Date: Jun 01, 2015
  • First Open Lien Mortgage Loan Amount: $755,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: State Veterans

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: May 07, 2015
  • Current Sale Recording Date: Jun 01, 2015
  • Current Sale Transaction ID: 11551891435
  • Current Sale Price: $620,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 14, 1997
  • Previous Sale Contract Date: Feb 26, 1997
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPHA LOAN SERVICING LLC
  • First Mortgage Transaction Date: Jun 01, 2015
  • First Mortgage Loan Amount: $755,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: State Veterans

    Previous Mortgages

  • Previous Mortgage Lender: 1ST UNION MTG
  • Previous Mortgage Transaction Date: Mar 14, 1997
  • Previous Mortgage Loan Amount: $214,000

About Upper Montclair



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Nearby Rentals

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$2,000 /mo

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Frequently Asked Questions

What neighborhood is 197 Lorraine Avenue located in?
The 197 Lorraine Avenue is a condo located in the neighborhood of Essex in Upper Montclair, Montclair.
What is the average sales price for listings in 197 Lorraine Avenue?
The average sales price for units in 197 Lorraine Avenue is $0 currently.

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