Check Availability

8 Montclair Avenue

8 Montclair Avenue, Montclair, NJ 07042
Property in Essex
Sold Sep 17, 2021
$725,000
$580,000 by Better Mortgage Corporation
Mortgage Due Oct 01, 2051
Sold Apr 13, 1995
$178,000
$150,000 by Columbia Natl
Mortgage
8 Montclair Avenue has been categorized by the local assessors in Montclair, NJ as a residential type of property. The building on the property was first built in 1883 and is 141 years old. The building has a total of 2 stories. In addition, 8 Montclair Avenue has 1,588 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,576 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 8 Montclair Avenue was last sold in Aug 23, 2021 for $725,000. According to our calculations, that's $456.55 per sqft. Prior to that sales transaction, the property was sold for $178,000 in Mar 24, 1995. Current property owners are expected to pay $13,780 in taxes per year. The property on 8 Montclair Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $419,100. To break that down further, the land itself was valued at $249,700. While improvements to the property were assessed at a total of $169,400. 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. 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. 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

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 1883
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,576
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,588
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 34-J,2

Ownership

  • Current Owner : CHIANG LEO
  • Current Owner 2: HINSON SONIA
  • Previous Owner : WATERS THOMAS H
  • Previous Owner 2: WATERS CLAUDIA T
  • Owner Before Previous Owner: SANKO THOMAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016500

Zoning

  • Zoning: R2

Geography

  • District: 13
  • Parcel: 13 03307-0000-00011
  • Block: 3307
  • Lot: 11
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8178
  • Longitude: -74.209

    Address

  • Full Address: 8 Montclair Ave
  • Address - House Number: 8
  • Address - Street Name: Montclair
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C023
  • 4-Digit Zip Code: 4004
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,780

    Appraisal Valuation

  • Standard Deviation: 0.2441
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 65
  • Final Value: 774,097
  • High Value: 963,092
  • Low Value: 585,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $580,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $580,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $419,100
  • Market Land Value: $249,700
  • Market Improvement Value: $169,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $419,100
  • Assessed Land Value: $249,700
  • Assessed Improvements Value: $169,400

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11858112751
  • Current Sale Price: $725,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021114068
  • Previous Sale Recording Date: Apr 13, 1995
  • Previous Sale Contract Date: Mar 24, 1995
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $580,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COLUMBIA NATL
  • Previous Mortgage Transaction Date: Apr 13, 1995
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360

About Essex



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 72 Burroughs Place, Bloomfield, NJ, 07003

$1,650 /mo

  • Studio
  • 1 Bath
72 Burroughs Place #2, Bloomfield, NJ, 07003 Listing by RHP Realty New Jersey
Unit for rent at 180 Bellevue Avenue, Montclair, NJ, 07043

$1,775 /mo

  • 1 Bed
180 Bellevue Avenue, Montclair, NJ, 07043 Listing by RHP Realty New Jersey
Unit for rent at 288 Montgomery St, Bloomfield Twp., NJ, 07003

$1,750 /mo

  • 1 Bed
  • 1 Bath
288 Montgomery St #2, Bloomfield Twp., NJ, 07003 Listing by GERRI LEVENTHAL
Unit for rent at 218 Broad St, Bloomfield Twp., NJ, 07003

$1,800 /mo

  • 1 Bed
  • 1 Bath
218 Broad St #11B, Bloomfield Twp., NJ, 07003 Listing by TAMIMA FRIEDMAN
Unit for rent at 55 Park Ave, Bloomfield Twp., NJ, 07003

$1,800 /mo

  • 1 Bed
  • 1 Bath
55 Park Ave #24, Bloomfield Twp., NJ, 07003 Listing by RONALD AIOSA
Unit for rent at 175 Pompton Ave, Verona Twp., NJ, 07044

$1,750 /mo

  • 1 Bed
  • 1 Bath
175 Pompton Ave #4, Verona Twp., NJ, 07044 Listing by RAYMOND SMITH
Unit for rent at 47 N Fullerton Ave, Montclair Twp., NJ, 07042

$1,800 /mo

  • 1 Bed
  • 1 Bath
47 N Fullerton Ave #B1, Montclair Twp., NJ, 07042 Listing by TATYANA GABRUSKA

Frequently Asked Questions

What neighborhood is 8 Montclair Avenue located in?
The 8 Montclair Avenue is a located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 8 Montclair Avenue?
The average sales price for units in 8 Montclair Avenue is $0 currently.

Quantcast