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223 Valley Road

223 Valley Road, Montclair, NJ 07042
Property in Essex
Sold Jan 15, 1999
$240,000
$216,000 by 1st Interstate
Mortgage
Sold Aug 22, 1990
$165,000
223 Valley Road 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 1902 and is 122 years old. The building has a total of 2 stories. In addition, 223 Valley Road has 2,279 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,114 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. 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 frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 223 Valley Road sold most recently in Dec 31, 1998 for a total of $240,000. If you work out the math, that's approximately a cost of $105.31 per sqft. Before that, the property was also sold for $165,000 in Aug 6, 1990. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,176 in taxes each year. 223 Valley Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $552,800. If we break it down further, the land itself was valued at $338,000. Improvements to the property, however, were assessed at a total of $214,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,114
  • Total Building Area: 2,279
  • Building Area: 2,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 29-K,2

Ownership

  • Current Owner : SAILER ANNE
  • Current Owner 2: SAILER DAVID
  • Previous Owner : MICHELIDES EVAN
  • Owner Before Previous Owner: PILAT ROBERT
  • Owner Before Previous Owner 2: PILAT SHIRLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 01605-0000-00019
  • Block: 1605
  • Lot: 19
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8279
  • Longitude: -74.2159

    Address

  • Full Address: 223 Valley Rd
  • Address - House Number: 223
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C005
  • 4-Digit Zip Code: 2336
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,176

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 951,166
  • High Value: 1,155,164
  • Low Value: 747,168

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $366,000
  • First Open Lien Mortgage Lender: 1ST INTERSTATE
  • First Open Lien Mortgage Recording Date: Jan 15, 1999
  • First Open Lien Mortgage Loan Amount: $216,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 25, 2018
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $552,800
  • Market Land Value: $338,000
  • Market Improvement Value: $214,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $552,800
  • Assessed Land Value: $338,000
  • Assessed Improvements Value: $214,800

    Sales

  • Current Sale Contract Date: Dec 31, 1998
  • Current Sale Recording Date: Jan 15, 1999
  • Current Sale Transaction ID: 1122183873
  • Current Sale Price: $240,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 22, 1990
  • Previous Sale Contract Date: Aug 06, 1990
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST INTERSTATE
  • First Mortgage Transaction Date: Jan 15, 1999
  • First Mortgage Loan Amount: $216,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 223 Valley Road located in?
The 223 Valley Road is a located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 223 Valley Road?
The average sales price for units in 223 Valley Road is $0 currently.

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