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248 South Mountain Avenue

248 South Mountain Avenue, Montclair, NJ 07042
Property in Essex
Sold Mar 01, 2021
$1,250,000
$750,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2051
Sold Oct 08, 2020
$780,000
Local assessors in Montclair, NJ have categorized 248 South Mountain Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 14,301 square feet. The linear feet between the front and back of the lot was measured at 1,430 ft and the front of the lot was measured at 1,000 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 248 South Mountain Avenue has a total of 4,097 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Lots of stucco were used in the construction of the exterior walls of the home. 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, 248 South Mountain Avenue sold most recently in Dec 28, 2020 for a total of $1,250,000. If you work out the math, that's approximately a cost of $305.10 per sqft. Before that, the property was also sold for $780,000 in Jun 12, 2020. 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 $32,818 in taxes each year. The initial year of tax delinquency occurred in 2020. 248 South Mountain Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $998,100. If we break it down further, the land itself was valued at $329,200. Improvements to the property, however, were assessed at a total of $668,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,301
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,097
  • Building Area: 4,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 52-D,55

Ownership

  • Current Owner : GOULD JASON S
  • Current Owner 2: KAUFMAN ALANNA G
  • Previous Owner : OCONNELL SCOTT
  • Owner Before Previous Owner: MCEWEN JAMES
  • Owner Before Previous Owner 2: MCEWEN CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016900

Zoning

  • Zoning: RO

Geography

  • District: 13
  • Parcel: 13 00104-0000-00007
  • Block: 104
  • Lot: 7
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.803
  • Longitude: -74.2334

    Address

  • Full Address: 248 S Mountain Ave
  • Address - House Number: 248
  • Street Direction: S
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C014
  • 4-Digit Zip Code: 1625
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,818
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2441
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 65
  • Final Value: 1,544,343
  • High Value: 1,921,394
  • Low Value: 1,167,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $998,100
  • Market Land Value: $329,200
  • Market Improvement Value: $668,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $998,100
  • Assessed Land Value: $329,200
  • Assessed Improvements Value: $668,900

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11825938601
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021023157
  • Previous Sale Recording Date: Oct 08, 2020
  • Previous Sale Contract Date: Jun 12, 2020
  • Previous Sale Amount: $780,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Essex



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Frequently Asked Questions

What neighborhood is 248 South Mountain Avenue located in?
The 248 South Mountain Avenue is a located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 248 South Mountain Avenue?
The average sales price for units in 248 South Mountain Avenue is $0 currently.

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