1 month on rocket

49 Greenwood Ave, Montclair, NJ, 07042

$1,099,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths
Multi

Location

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49 Greenwood Ave, Montclair$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDetached
Garage3 spaces
HeatingElectric, Natural Gas
CoolingCentral Air
BasementYes
MLS #240020625
StatusActive
(ACTIVE)

About 49 Greenwood Ave

This is a once-in-a-lifetime opportunity to own a completely gut renovated 6 bedroom, 5 bath, 2-family in the heart of Montclair! Grossing more than $91k in rent annually, this beautiful home was taken down to the studs and is essentially a new home with new electrical, plumbing, flooring, kitchens, bathrooms, windows, doors crown molding and more. You won't find another home in Montclair renovated at this quality level for this price. The first floor apartment features 2 bedrooms, 2 baths, eat-in kitchen with island, stainless appliances and stacked washer/dryer. The living room is a versatile space which can be closed to use as a third bedroom or temporary guest room. There is also access to the unfinished basement for storage purposes. Apartment two is a very spacious two-story unit with eat-in kitchen/living/dining room opening to a balcony/patio spanning the width of the home. There are two bedrooms and two baths on the second floor and two bedrooms and one bath on the third floor, plus a bonus office. The location is exceptional--on a quiet street between Lackawanna Plaza and Walnut Street Train station. You'll have easy access to the NYC train, Walnut Street shops, Saturday Farmer's Market, Montclair Geyer YMCA, downtown shopping and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial

Listing Office:

  • Office Name: VILLAGE SQUARE REALTORS
  • Office Phone: (973) 509-2222

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000

Tax Information:

  • Annual Amount: $7,034
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montclair, NJ.

Med. Sold Price

$1.2M

Med. Price/SqFt

$348

# of Sold Homes

19

49 Greenwood Ave vs Montclair

33 DAYS ON ROCKET

$1,099,000

-$172.2K Less

KEY TAKEAWAY

This property is $172.2K less than the Median Sold Price in Montclair, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240020625

Listing Office:

  • Office Name: VILLAGE SQUARE REALTORS
  • Office Phone: (973) 509-2222

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2017Home Sold
$212,000
Apr 06, 2004Home Sold
$320,000
Jan 15, 2004Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,034$217,700
2019$6,735$217,700
2018$5,892$217,700
2017$5,892$157,800

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-556309
5
/10
  • Charles H. Bullock School

  • 55 Washington St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-556310
8
/10
  • Hillside Elementary School

  • 54 Orange Rd

  • 0.62 miles

  • Public District Grades 3-5

school-card-donut-556311
9
/10
  • Ridgewood Avenue School

  • 235 Ridgewood Ave

  • 0.98 miles

  • Public District Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,471. The majority of Montclair, NJ residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Montclair, NJ

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Montclair, NJ.

Montclair's housing market is diverse, offering a range of options from stately Victorian homes to modern condominiums and everything in between. Single-family homes are prevalent, with a mix of historic charm and contemporary amenities. The area also features a selection of multi-family dwellings and apartments, accommodating various lifestyle needs. The homeownership rate in Montclair is robust, reflecting the community's commitment to long-term residency and neighborhood stability.

What is it like to live in Montclair, NJ?

Montclair is celebrated for its vibrant arts scene and cultural richness, with numerous galleries, theaters, and live music venues dotting the landscape. The community prides itself on a strong sense of local identity, with annual events like the Montclair Film Festival drawing residents and visitors alike. The town's character is further enhanced by its lush parks and commitment to preserving green spaces, providing a scenic backdrop to the bustling town activities.

Is it easy to get around Montclair, NJ without a car?

The community is served by a comprehensive educational system, including several public and private schools that cater to a range of educational needs. Montclair is home to a number of healthcare facilities, offering residents access to quality medical care. The town also boasts a public library system that serves as a hub for learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that showcase the town's diverse culinary landscape.

Transportation in Montclair, NJ.

Montclair's transport infrastructure is well-developed, with a focus on both private and public transit options. The town features a network of bus routes that facilitate local and regional travel, and the train service provides a direct link to New York City, appealing to commuters. The community is also bike-friendly, with designated lanes and trails. Roadways are well-maintained, ensuring smooth travel within and outside the town, and ongoing initiatives aim to further improve transport efficiency and accessibility.

Rocket Homes›New Jersey›Essex County›Montclair›07042›49 Greenwood Ave

This home is located at 49 Greenwood Ave in Montclair, NJ and zip code 07042. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,099,000.

While more than 16 listings in Montclair, NJ in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. In October 2024 in Montclair, NJ there were 17% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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