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50 Glenwood Road

50 Glenwood Road, Montclair, NJ 07043
Property in Essex
Sold Jul 17, 2002
$1,000,000
$1,200,500 by James A Block Trust
Mortgage
Sold May 31, 2002
$1,200,500
50 Glenwood Road in Montclair, NJ was first built in 1924 and is 100 years old. This has been categorized as a residential property type. There are a total of 2 floors. 50 Glenwood Road has 3,425 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 1,000 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 16,501 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, 50 Glenwood Road sold most recently in May 31, 2002 for a total of $1,000,000. If you work out the math, that's approximately a cost of $291.97 per sqft. Before that, the property was also sold for $1,200,500 in May 31, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $29,845 in taxes each year. 50 Glenwood Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,228,700. If we break it down further, the land itself was valued at $432,900. Improvements to the property, however, were assessed at a total of $795,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 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: 16,501
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,425
  • Building Area: 3,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.379
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 7-K,5

Ownership

  • Current Owner : BLOCK VALERIE
  • Previous Owner : BROWN WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016100

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 01804-0000-00020
  • Block: 1804
  • Lot: 20
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8475
  • Longitude: -74.2029

    Address

  • Full Address: 50 Glenwood Rd
  • Address - House Number: 50
  • Address - Street Name: Glenwood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C064
  • 4-Digit Zip Code: 1930
  • Zip Code: 07043

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $29,845

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 71
  • Final Value: 1,569,126
  • High Value: 1,896,232
  • Low Value: 1,242,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,500
  • First Open Lien Mortgage Lender: JAMES A BLOCK TRUST
  • First Open Lien Mortgage Recording Date: Jul 17, 2002
  • First Open Lien Mortgage Loan Amount: $1,200,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $1,228,700
  • Market Land Value: $432,900
  • Market Improvement Value: $795,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,228,700
  • Assessed Land Value: $432,900
  • Assessed Improvements Value: $795,800

    Sales

  • Current Sale Contract Date: May 31, 2002
  • Current Sale Recording Date: Jul 17, 2002
  • Current Sale Transaction ID: 1191869190
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 31, 2002
  • Previous Sale Contract Date: May 31, 2002
  • Previous Sale Amount: $1,200,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JAMES A BLOCK TRUST
  • First Mortgage Transaction Date: Jul 17, 2002
  • First Mortgage Loan Amount: $1,200,500
  • First Mortgage Terms: 360

About Upper Montclair



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Frequently Asked Questions

What neighborhood is 50 Glenwood Road located in?
The 50 Glenwood Road is a located in the neighborhood of Essex in Upper Montclair, Montclair.
What is the average sales price for listings in 50 Glenwood Road?
The average sales price for units in 50 Glenwood Road is $0 currently.

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