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251 South Mountain Avenue

251 South Mountain Avenue, Montclair, NJ 07042
Property in Essex
Sold Oct 03, 2017
$2,350,000
$1,000,000 by Jp Morgan Chase Bank Na
Mortgage Due Oct 01, 2047
Sold Dec 29, 2011
$545,000
251 South Mountain Avenue in Montclair, NJ was first built in 2014 and is 10 years old. This has been categorized as a residential property type. It is a single story home. 251 South Mountain Avenue has 5,696 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,050 ft and the linear feet between the front and back of the lot is 1,780. In total, the area measurement of the land is 18,692 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 251 South Mountain Avenue sold most recently in Sep 22, 2017 for a total of $2,350,000. If you work out the math, that's approximately a cost of $412.57 per sqft. Before that, the property was also sold for $545,000 in Dec 21, 2011. 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 $72,188 in taxes each year. 251 South Mountain Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,195,500. If we break it down further, the land itself was valued at $333,000. Improvements to the property, however, were assessed at a total of $1,862,500. 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,692
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 5,696
  • Building Area: 5,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.429
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 53-A,17

Ownership

  • Current Owner : COHEN YOSEF
  • Current Owner 2: COHEN NORIT A
  • Previous Owner : KAPLAN SAMANTHA
  • Previous Owner 2: KAPLAN ADAM
  • Owner Before Previous Owner: CARR WILLIAM N
  • Owner Before Previous Owner 2: CARR IRENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RO

Geography

  • District: 13
  • Parcel: 13 01102-0000-00007
  • Block: 1102
  • Lot: 7
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8031
  • Longitude: -74.2325

    Address

  • Full Address: 251 S Mountain Ave
  • Address - House Number: 251
  • Street Direction: S
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C014
  • 4-Digit Zip Code: 1626
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $72,188

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 71
  • Final Value: 2,447,996
  • High Value: 2,961,307
  • Low Value: 1,934,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 03, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $2,195,500
  • Market Land Value: $333,000
  • Market Improvement Value: $1,862,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,195,500
  • Assessed Land Value: $333,000
  • Assessed Improvements Value: $1,862,500

    Sales

  • Current Sale Contract Date: Sep 22, 2017
  • Current Sale Recording Date: Oct 03, 2017
  • Current Sale Transaction ID: 11464291372
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017087443
  • Previous Sale Recording Date: Dec 29, 2011
  • Previous Sale Contract Date: Dec 21, 2011
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 03, 2017
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Essex



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Frequently Asked Questions

What neighborhood is 251 South Mountain Avenue located in?
The 251 South Mountain Avenue is a located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 251 South Mountain Avenue?
The average sales price for units in 251 South Mountain Avenue is $0 currently.

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