Sold Feb 11, 2021
$1,480,000
Seller
$1,150,000
by Finance Of America Mortgage Ll
Mortgage Due Mar 01, 2052
Sold Jul 30, 2010
$957,000
Buyer
$706,500
by Wells Fargo Bank Na
Mortgage Due Aug 01, 2040
262 South Mountain Avenue in Montclair, NJ was first built in 1937 and is 87 years old.
This has been categorized as a residential property type.
There are a total of 2 floors.
262 South Mountain Avenue has 4,051 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 1,220 ft and the linear feet between the front and back of the lot is 1,500.
In total, the area measurement of the land is 18,300 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 brick control joints. The exterior walls of the home are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 262 South Mountain Avenue was last sold in Jan 16, 2021 for $1,480,000. According to our calculations, that's $365.34 per sqft. Prior to that sales transaction, the property was sold for $957,000 in Jul 27, 2010. Current property owners are expected to pay $35,481 in taxes per year. The property on 262 South Mountain Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,079,100. To break that down further, the land itself was valued at $345,200. While improvements to the property were assessed at a total of $733,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 brick control joints. The exterior walls of the home are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 262 South Mountain Avenue was last sold in Jan 16, 2021 for $1,480,000. According to our calculations, that's $365.34 per sqft. Prior to that sales transaction, the property was sold for $957,000 in Jul 27, 2010. Current property owners are expected to pay $35,481 in taxes per year. The property on 262 South Mountain Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,079,100. To break that down further, the land itself was valued at $345,200. While improvements to the property were assessed at a total of $733,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
Building Info
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Building
Neighborhood
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