by RHP Realty

Check Availability
Essex 07042
2 Edgewood Terrace
$1,899,999
↓ $300K (13.6%)
House - For Sale

2 Edgewood Terrace

Montclair, NJ 07042
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$11,978
Estimated Monthly
$0
HOA / Fees
0.54%
Cap Rate

About This Property

This stunning home offers breathtaking views of the New York City skyline. Fully updated, the main level boasts a bright gourmet kitchen equipped with top-of-the-line appliances and opens onto an expansive deck. The sun-filled great room features a vaulted ceiling, a wall of windows, and a dramatic stone hearth gas fireplace. On this level is also a formal dining room with fireplace, cozy living room with NYC views, powder room, laundry, and direct access to the two-car garage for added convenience. Upstairs, a beautiful primary suite complete with a newly updated bath w/ a soaking tub and walk-in closet awaits. There is another full bath and two more generously sized bedrooms. The lower level of the home offers even more living space, including a full bath, a sitting room, gym, and another bedroom/office with a separate entrance. This unique property provides ample storage, a whole-home generator for peace of mind and is perfectly situated close to all that Montclair has to offer
Unit Size
-
Days on Market
40 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,648
HOA Dues
-
Year Built
1982
Listed By
SAM JOSEPH
SAM JOSEPH
Berkshire Hathaway Homeservices New Jersey Properties
Last updated: 2 days ago (NJMLS #24009097)

Price History

Date / Event Date Event Price
May 2, 2024 Price Decreased $1,899,999
↓ $300K (13.6%)
Price Decreased
Apr 25, 2024 Price Increased $2,200,000
↑ $201K (10.1%)
Price Increased
Mar 28, 2024 Listed by PROMINENT PROPERTIES SIR $1,999,000
Listed by PROMINENT PROPERTIES SIR
This stunning home, situated on half an acre, offers breathtaking views of the New York City skyline. Fully updated, the main level boasts a bright gourmet kitchen equipped with top-of-the-line appliances that seamlessly opens onto an expansive deck. The spectacular, sun-filled great room features a vaulted ceiling, a wall of windows, and a dramatic stone hearth gas fireplace, flanked by built-in cabinetry. On this level, you'll also find a formal dining room with its own fireplace, a cozy…

Property Highlights

Garage
Fireplace
Parking Details
Attached, Gar Opener
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Bathrooms: 3
Half Bathrooms: 1

Room Information

Total Rooms: 11

Fireplace Information

2 Fireplaces

Basement Information

1 Bedroom, Bath Other, Exercise Rm, Sitting Rm, Storage Room, Utility

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 2,591
  • Building Area: 2,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,591
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 24-E,2

Ownership

  • Current Owner : FISHMAN ILENE
  • Current Owner 2: IACOBUZIO JANET L
  • Previous Owner : CONDAS GREG
  • Previous Owner 2: CONDAS STEPHANIE
  • Owner Before Previous Owner: DANIELI STEVEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016400

Zoning

  • Zoning: RO

Geography

  • District: 13
  • Parcel: 13 00503-0000-00002
  • Block: 503
  • Lot: 2
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8289
  • Longitude: -74.2202

    Address

  • Full Address: 2 Edgewood Ter
  • Address - House Number: 2
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C018
  • 4-Digit Zip Code: 1901
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,910

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 1,308,547
  • High Value: 1,604,201
  • Low Value: 1,012,893

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,188,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035
  • Second Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • Second Open Lien Mortgage Recording Date: Sep 29, 2021
  • Second Open Lien Mortgage Loan Amount: $648,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $940,100
  • Market Land Value: $510,200
  • Market Improvement Value: $429,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $940,100
  • Assessed Land Value: $510,200
  • Assessed Improvements Value: $429,900

    Sales

  • Current Sale Contract Date: Jul 18, 2011
  • Current Sale Recording Date: Jul 22, 2011
  • Current Sale Transaction ID: 11475131050
  • Current Sale Price: $899,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 11052195
  • Previous Sale Recording Date: Feb 25, 2005
  • Previous Sale Contract Date: Feb 18, 2005
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUDSON CITY SAVINGS BANK
  • First Mortgage Transaction Date: Jul 22, 2011
  • First Mortgage Loan Amount: $629,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2041

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 25, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2035

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
8 Beds
8 Baths
-
$2,250,000 Jun 28, 2023
$2,250,000 Jun 28, 2023
$5,467/mo
House
6 Beds
5.1 Baths
-
$1,999,000 Nov 30, -0001
$2,100,000 Jun 1, 2023
-
House
8 Beds
6.2 Baths
-
$2,200,000 Nov 30, -0001
$2,250,000 Jun 28, 2023
-
House
7 Beds
3.1 Baths
-
$1,799,000 Nov 30, -0001
$2,010,000 Jan 12, 2023
-
House
5 Beds
4 Baths
-
$1,600,000 Jan 12, 2023
-
$2,703/mo
House
7 Beds
5 Baths
-
$1,698,000 Mar 27, 2024
-
$1,316/mo
Commercial
Loft
-
-
$2,150,000 Feb 20, 2024
-
$2,260/mo

About Essex


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Frequently Asked Questions

When was property at 2 Edgewood Terrace built and last sold?
The property at 2 Edgewood Terrace was built in 1982 and last sold on Jul 18, 2011 for $899,000.
How much is this home worth?
The estimated value of the home located at 2 Edgewood Terrace is $2,018,990.
What are some comparable homes to 2 Edgewood Terrace?
Homes that are comparable to 2 Edgewood Terrace include a house property at 257 Upper Mountain Avenue, 237 North Mountain Avenue, 96 Park Street.

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