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308 Park Street

308 Park Street, Montclair, NJ 07043
Property in Essex
Sold Nov 26, 2012
$658,000
$417,000 by New Jersey Lenders Corp
Mortgage Due Nov 01, 2042
Sold Dec 05, 1991
$260,000
Local assessors in Montclair, NJ have categorized 308 Park Street as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 8,851 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 590 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 308 Park Street has a total of 3,105 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 frame control joints. The property was last sold in Oct 11, 2012 for $658,000. That's $211.92 per sqft. Prior to that sales transaction, the property was also sold in Nov 26, 1991 for $260,000. 308 Park Street was last assessed in 2022. The total value of the property was assessed at $640,000. Specifically, the land the property is located on was valued at $332,300. While improvements on the property were assessed at a total of $307,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $21,043. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,851
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,105
  • Building Area: 3,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,105
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 21-F,22

Ownership

  • Current Owner : MATIC MIRA
  • Previous Owner : HOOVER THERESA D
  • Previous Owner 2: HOOVER CLARENCE C
  • Owner Before Previous Owner: WEST ESSEX SAVINGS BANK SLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016300

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 02504-0000-00016
  • Block: 2504
  • Lot: 16
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8346
  • Longitude: -74.2044

    Address

  • Full Address: 308 Park St
  • Address - House Number: 308
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C063
  • 4-Digit Zip Code: 2232
  • Zip Code: 07043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,043

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,149,333
  • High Value: 1,394,570
  • Low Value: 904,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Nov 26, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Nov 01, 2042

    Market Valuation

  • Market Total Value: $640,000
  • Market Land Value: $332,300
  • Market Improvement Value: $307,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $640,000
  • Assessed Land Value: $332,300
  • Assessed Improvements Value: $307,700

    Sales

  • Current Sale Contract Date: Oct 11, 2012
  • Current Sale Recording Date: Nov 26, 2012
  • Current Sale Transaction ID: 1191870228
  • Current Sale Price: $658,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12098160
  • Previous Sale Recording Date: Dec 05, 1991
  • Previous Sale Contract Date: Nov 26, 1991
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Nov 26, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 308 Park Street located in?
The 308 Park Street is a located in the neighborhood of Essex in Upper Montclair, Montclair.
What is the average sales price for listings in 308 Park Street?
The average sales price for units in 308 Park Street is $0 currently.

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