3 months on rocket

517 Park St, Montclair, NJ, 07043

$1,099,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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517 Park St, Montclair$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontNone
Fireplace2 Fireplaces
ViewNone
MLS #24024334
StatusActive
(ACTIVE)

About 517 Park St

Prime Upper Park Street location. Oversized lot. House is gutted. Full rehab needed. Extreme Caution when looking. House sold in totally "as is" condition. Buyer responsible for all inspections and certifications needed to close.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial

Listing Office:

  • Office Name: Compass New Jersey, LLC-Montclair
  • Listing Agent: Christine Lane

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 2 Fireplaces

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Other, Deck / Patio

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000

Tax Information:

  • Annual Amount: $18,284
  • Tax Year: 2020
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Housing Market Comparison

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

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Montclair, NJ

City

Med. Sold Price

$1.2M

Med. Price/SqFt

$348

# of Sold Homes

19

517 Park St vs Montclair

114 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 Number: #24024334

Listing Office:

  • Office Name: Compass New Jersey, LLC-Montclair
  • Listing Agent: Christine Lane

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 04, 2020Home Sold
$805,000

Tax History

YEARPROP. TAXASSESSMENT
2020$18,284$1,005,200
2019$31,100$1,005,200
2018$35,111$1,005,200
2017$35,111$940,300

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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NMLS#3030

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-201342
6
/10

  • Northeast Elementary School

  • 603 Grove St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-201343
6
/10

  • Bradford Elementary School

  • 87 Mount Hebron Rd

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-201344
5
/10

  • School #16

  • 755 Grove St

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $155,455. Residents of Montclair, NJ typically earn between $100k-200k each year. Most families are married, with kids. The majority of residents in this area 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.

Frequently Asked Questions About 517 Park St

What is the listing price of this property?

The listing price of 517 Park St property is $1,099,000.

What type of property is this?

The property 517 Park St is a house located in Montclair, New Jersey, 07043.

Is this property for sale now?

Active Listing: 517 Park St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,284 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 4, 2020 for $805,000. (source: MLS/tax record).

Rocket Homes›New Jersey›Essex County›Montclair›07043›517 Park St

This home is located at 517 Park St in Montclair, NJ and zip code 07043. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,099,000.

In October 2024, from all listings sold in Montclair, NJ there were more than 16 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Montclair, NJ between September 2024 and October 2024 increased by 17%.

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

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