Montclair real estate sales increased from 305 residential homes sold in 2011 to 325 sold last year. As you read in my real estate report in October the trend also continued with a stronger sales price to list price (SP/LP) ratio and lesser days on market (DOM) than last year. The final 2012 numbers ended lower, on trend from what we were seeing a few months ago, with a 7% decline in the average sales price and a 5% decline in the median sales price.
This price drop is not music to a homeowner's ears, but look at it this way; this, coupled with the low inentory and stronger demand we are seeing in the suburban towns laced with easy commuting options, means qualified buyers looking for homes for sale in Montclair NJ will be more apt to make an offer, and a strong one at that.
2012 Residential Sales Snapshot
|
|
List Price |
Sales Price |
%SP/LP |
DOM |
|
Min |
$114,900 |
$114,900 |
64.0 |
0 |
|
Max |
$2,195,000 |
$1,999,999 |
130.2 |
559 |
|
Average |
$596,992 |
$587,079 |
98.0 |
77 |
|
Median |
$559,000 |
$550,000 |
98.1 |
46 |
As of January 24, there were only 77 residential Montclair homes for sale with over half of that amount, 40, currently under contract. This, combined with the relative mild winter here, makes this a great time for a homeowner to put her well-priced home on the market today before the crowds of homes come out in the Spring. Many real estate agents have unique marketing plans to get your home sold so take advantage of them.
Address List of Montclair NJ Homes Sold in 2012
|
STREET |
NAME |
SALES PRICE |
LIST PRICE |
TAX AMOUNT |
|
495 |
Park St |
$1,999,999 |
$1,999,999 |
$44,612 |
|
31 |
Eagle Rock Way |
$1,925,000 |
$1,995,000 |
$71,891 |
|
483 |
Park St |
$1,825,000 |
$1,999,999 |
$53,437 |
|
239 |
S Mountain Ave |
$1,800,000 |
$2,195,000 |
$58,493 |
|
18 |
Heller Dr |
$1,765,000 |
$1,750,000 |
$42,159 |
|
79 |
Myrtle Ave |
$1,700,000 |
$1,800,000 |
$0 |
|
33 |
Norman Rd |
$1,700,000 |
$1,699,000 |
$31,373 |
|
60 |
Prospect Ave |
$1,475,000 |
$1,575,000 |
$50,851 |
|
17 |
Sunset Park |
$1,440,000 |
$1,340,000 |
$34,578 |
|
171 |
Christopher St |
$1,359,000 |
$1,295,000 |
$34,724 |
|
169 |
Wildwood Ave |
$1,354,464 |
$1,250,000 |
$34,248 |
|
141 |
Lorraine Ave |
$1,317,500 |
$1,249,000 |
$34,351 |
|
137 |
Upper Mountain Ave |
$1,255,000 |
$1,150,000 |
$34,322 |
|
178 |
Highland Ave |
$1,250,000 |
$1,175,000 |
$32,253 |
|
75 |
N Mountain Ave |
$1,235,000 |
$1,299,000 |
$44,712 |
|
146 |
Lloyd Rd |
$1,216,000 |
$1,225,000 |
$29,898 |
|
189 |
S Mountain Ave |
$1,200,000 |
$1,250,000 |
$38,158 |
|
102 |
Highland Ave |
$1,189,400 |
$1,250,000 |
$32,760 |
|
48 |
S Park St 522 |
$1,127,500 |
$1,100,000 |
$0 |
|
63 |
Prospect Ave |
$1,126,539 |
$1,150,000 |
$35,006 |
|
124 |
Lloyd Rd |
$1,115,000 |
$1,150,000 |
$27,660 |
|
480 |
PARK ST |
$1,100,000 |
$1,250,000 |
$32,012 |
|
25 |
Ramsay Rd |
$1,100,000 |
$1,195,000 |
$54,303 |
|
25 |
Laurel Pl |
$1,075,000 |
$1,075,000 |
$27,887 |
|
106 |
Heller Way |
$1,072,568 |
$1,050,000 |
$41,924 |
|
12 |
Elston Rd |
$1,050,000 |
$1,125,000 |
$22,566 |
|
181 |
Upper Mountain Ave |
$1,034,000 |
$1,095,000 |
$49,790 |
|
15 |
Erwin Park |
$1,030,000 |
$1,145,000 |
$30,417 |
|
166 |
N Mountain Ave |
$1,025,000 |
$1,050,000 |
$31,236 |
|
41 |
Elston Rd |
$999,999 |
$979,000 |
$28,042 |
|
76 |
Porter Pl |
$998,520 |
$1,100,000 |
$36,233 |
|
110 |
Lorraine Ave |
$997,500 |
$949,000 |
$32,012 |
|
116 |
Inwood Ave |
$990,000 |
$1,075,000 |
$26,009 |
|
109 |
Lorraine Ave |
$990,000 |
$999,000 |
$44,540 |
|
5 |
Highland Ter |
$975,000 |
$999,000 |
$28,827 |
|
345 |
Park St |
$960,000 |
$985,000 |
$32,013 |
|
8 |
Christopher Ct |
$956,000 |
$975,000 |
$26,343 |
|
122 |
Clarewill Ave |
$950,000 |
$949,999 |
$26,164 |
|
112 |
Clarewill Ave |
$949,000 |
$949,000 |
$28,045 |
|
386 |
Upper Mountain Ave |
$940,000 |
$995,000 |
$25,912 |
|
41 |
Bradford Ave |
$930,000 |
$995,000 |
$35,266 |
|
157 |
Highland Ave |
$930,000 |
$930,000 |
$25,931 |
|
77 |
Beverly Rd |
$915,000 |
$999,000 |
$24,933 |
|
75 |
Club Rd |
$910,000 |
$939,000 |
$23,704 |
|
22 |
Melrose Place |
$910,000 |
$869,000 |
$28,273 |
|
767 |
Valley Rd |
$909,000 |
$899,000 |
$25,481 |
|
14 |
Glenside Ter |
$901,000 |
$839,000 |
$20,923 |
|
21 |
Marion Rd |
$900,000 |
$859,000 |
$26,506 |
|
38 |
Highland Ave |
$895,000 |
$929,000 |
$27,709 |
|
103 |
Summit Ave |
$880,000 |
$799,000 |
$22,759 |
|
31 |
Parkway |
$871,000 |
$879,000 |
$22,424 |
|
56 |
Harrison Ave |
$862,000 |
$739,000 |
$24,534 |
|
9 |
Prospect Ter |
$860,000 |
$899,000 |
$32,306 |
|
293 |
Upper Mountain Ave |
$860,000 |
$879,000 |
$23,613 |
|
111 |
Stonebridge Rd |
$860,000 |
$849,000 |
$22,024 |
|
36 |
Cambridge Rd |
$858,548 |
$839,000 |
$22,536 |
|
346 |
Upper Mountain Ave |
$850,000 |
$899,000 |
$21,983 |
|
118 |
Buckingham Rd |
$848,000 |
$879,000 |
$20,192 |
|
6 |
Capron Ln |
$845,000 |
$795,000 |
$23,101 |
|
197 |
Fernwood Ave |
$840,975 |
$839,000 |
$30,701 |
|
4 |
Windsor Pl |
$840,000 |
$769,000 |
$20,239 |
|
92 |
Overlook Rd |
$835,000 |
$849,000 |
$21,007 |
|
11 |
The Fairway |
$830,000 |
$799,900 |
$26,460 |
|
237 |
Christopher St |
$829,499 |
$839,000 |
$23,348 |
|
23 |
Marion Rd |
$825,550 |
$799,000 |
$18,567 |
|
172 |
Watchung Ave |
$825,000 |
$849,900 |
$18,664 |
|
25 |
Duryea Rd |
$825,000 |
$839,000 |
$20,800 |
|
112 |
Eagle Rock Way |
$815,000 |
$849,000 |
$30,568 |
|
12 |
Brunswick Rd |
$810,000 |
$810,000 |
$22,787 |
|
34 |
Plymouth St |
$801,000 |
$839,000 |
$24,677 |
|
153 |
Highland Ave |
$800,000 |
$869,000 |
$30,500 |
|
69 |
Melrose Pl |
$800,000 |
$839,000 |
$25,482 |
|
580 |
Park St |
$800,000 |
$759,000 |
$20,094 |
|
10 |
Mountain Ter |
$789,000 |
$789,000 |
$18,763 |
|
81 |
Montclair Ave |
$787,000 |
$799,000 |
$19,704 |
|
55 |
Harrison Ave |
$770,000 |
$719,000 |
$30,732 |
|
40 |
Woodmont Rd |
$765,000 |
$799,000 |
$20,488 |
|
20 |
Mt Vernon Rd |
$760,000 |
$723,000 |
$16,871 |
|
17 |
Yale Ter |
$756,000 |
$724,900 |
$18,119 |
|
18 |
Glenridge Pky |
$751,000 |
$719,000 |
$19,384 |
|
130 |
Central Ave |
$750,000 |
$785,000 |
$20,106 |
|
10 |
Potter Ct |
$750,000 |
$775,000 |
$0 |
|
107 |
Bellevue Ave |
$750,000 |
$769,000 |
$23,827 |
|
22 |
Glenridge Pky |
$750,000 |
$729,000 |
$17,076 |
|
18 |
Bruce Rd |
$749,000 |
$749,000 |
$18,977 |
|
10 |
Crestview Ct |
$742,500 |
$759,900 |
$20,073 |
|
15 |
Mendel Ter |
$740,100 |
$739,000 |
$18,352 |
|
263 |
Midland Ave |
$740,000 |
$699,000 |
$19,660 |
|
55 |
Warfield St |
$730,000 |
$729,000 |
$22,631 |
|
7 |
Mount Vernon Rd |
$725,000 |
$699,000 |
$17,235 |
|
218 |
Highland Ave |
$719,000 |
$719,000 |
$19,537 |
|
24 |
Upper Mountain Ave |
$710,000 |
$769,000 |
$8,499 |
|
555 |
Park St |
$710,000 |
$719,000 |
$23,470 |
|
15 |
Woodmont Rd |
$701,000 |
$649,000 |
$20,190 |
|
9 |
Belvidere Pl |
$699,000 |
$699,000 |
$11,386 |
|
60 |
Plymouth St |
$695,000 |
$724,900 |
$22,608 |
|
268 |
Orange Rd |
$690,000 |
$749,000 |
$20,805 |
|
394 |
N Fullerton Ave |
$686,500 |
$659,900 |
$17,495 |
|
22 |
Laurel Pl |
$685,000 |
$699,000 |
$17,729 |
|
121 |
Westview Rd |
$685,000 |
$599,000 |
$20,600 |
|
148 |
Highland Ave |
$680,000 |
$729,000 |
$27,800 |
|
60 |
Ardsley Rd |
$680,000 |
$699,999 |
$15,796 |
|
77 |
Stonebridge Rd |
$675,000 |
$769,000 |
$28,307 |
|
62 |
Harrison Ave |
$675,000 |
$685,000 |
$22,024 |
|
32 |
Franklin Pl |
$670,000 |
$699,900 |
$16,308 |
|
30 |
Norman Rd |
$670,000 |
$679,000 |
$19,535 |
|
141 |
N Mountain Ave |
$665,000 |
$659,000 |
$17,440 |
|
308 |
Park St |
$658,000 |
$699,000 |
$18,231 |
|
253 |
Highland Ave |
$655,000 |
$700,000 |
$21,847 |
|
10 |
Clairidge Ct |
$655,000 |
$675,000 |
$17,507 |
|
25 |
Aubrey Rd |
$655,000 |
$645,000 |
$19,635 |
|
12 |
Warfield St |
$650,000 |
$699,000 |
$17,489 |
|
83 |
Beverly Rd |
$650,000 |
$629,000 |
$18,964 |
|
47 |
Erwin Park Rd |
$649,000 |
$649,000 |
$19,401 |
|
23 |
Windsor Pl |
$649,000 |
$649,000 |
$17,927 |
|
131 |
N Mountain Ave |
$645,000 |
$639,000 |
$16,670 |
|
42 |
Norman Road |
$642,500 |
$599,000 |
$17,980 |
|
169 |
Lorraine Ave |
$641,400 |
$635,900 |
$20,557 |
|
210 |
Park St |
$641,000 |
$499,000 |
$17,870 |
|
130 |
Squire Hill Rd |
$640,000 |
$699,000 |
$20,298 |
|
209 |
Montclair Ave |
$640,000 |
$620,000 |
$18,751 |
|
19 |
Yale Ter |
$640,000 |
$619,000 |
$15,929 |
|
119 |
Gordonhurst Ave |
$640,000 |
$597,000 |
$18,767 |
|
18 |
Norman Rd |
$639,000 |
$649,900 |
$21,379 |
|
24 |
Frederick St |
$635,000 |
$639,000 |
$17,668 |
|
121 |
Wildwood Ave |
$635,000 |
$635,000 |
$19,033 |
|
51 |
Myrtle Ave |
$635,000 |
$629,000 |
$18,743 |
|
7 |
Emerson Pl |
$635,000 |
$629,000 |
$14,275 |
|
16 |
Warren Pl |
$629,000 |
$629,000 |
$16,905 |
|
137 |
Cooper Ave |
$625,000 |
$699,000 |
$26,227 |
|
9 |
Locust Dr |
$625,000 |
$699,000 |
$24,047 |
|
366 |
N Mountain Ave |
$623,050 |
$629,000 |
$21,874 |
|
52 |
Ardsley Rd |
$622,000 |
$639,000 |
$23,617 |
|
197 |
Highland Ave |
$620,000 |
$599,000 |
$17,536 |
|
113 |
Essex Ave |
$619,000 |
$619,000 |
$17,240 |
|
207 |
Lorraine Ave |
$617,500 |
$539,000 |
$16,349 |
|
305 |
N Mountain Ave |
$616,000 |
$616,000 |
$20,869 |
|
184 |
Summit Ave |
$612,000 |
$574,900 |
$17,558 |
|
7 |
Victoria Ter |
$610,000 |
$575,000 |
$17,419 |
|
87 |
Inwood Ave |
$606,000 |
$569,000 |
$17,988 |
|
68 |
Dryden Rd |
$605,000 |
$628,000 |
$15,688 |
|
156 |
Christopher St |
$601,200 |
$569,000 |
$16,559 |
|
93 |
Wildwood Ave |
$601,000 |
$559,000 |
$15,109 |
|
549 |
Grove St |
$600,000 |
$619,000 |
$18,982 |
|
298 |
Park St |
$600,000 |
$599,000 |
$19,758 |
|
284 |
Park St |
$599,000 |
$599,000 |
$18,861 |
|
541 |
Highland Ave |
$595,000 |
$569,000 |
$16,497 |
|
249 |
N Mountain Ave |
$592,400 |
$619,000 |
$18,311 |
|
105 |
Essex Ave |
$586,850 |
$630,000 |
$18,037 |
|
47 |
Tremont Pl |
$585,200 |
$579,000 |
$16,646 |
|
114 |
Undercliff Rd |
$580,000 |
$614,500 |
$15,744 |
|
30 |
Greenview Way |
$580,000 |
$599,000 |
$21,115 |
|
45 |
S Mountain Ave |
$580,000 |
$599,000 |
$24,969 |
|
19 |
Parkway |
$575,000 |
$650,000 |
$21,920 |
|
582 |
Highland Ave |
$575,000 |
$585,000 |
$14,866 |
|
16 |
Lasalle Rd |
$575,000 |
$582,500 |
$16,311 |
|
109 |
Westview Rd |
$575,000 |
$579,000 |
$17,030 |
|
316 |
Highlan Ave |
$569,000 |
$559,000 |
$20,454 |
|
9 |
Prescott Ave |
$560,000 |
$569,000 |
$15,796 |
|
38 |
Fairview Pl |
$560,000 |
$569,000 |
$15,517 |
|
37 |
Brunswick Rd |
$556,000 |
$559,000 |
$17,670 |
|
18 |
Carteret St |
$554,500 |
$579,000 |
$15,824 |
|
198 |
Grove St |
$550,000 |
$599,000 |
$18,162 |
|
5 |
Kenneth Rd |
$550,000 |
$579,900 |
$16,653 |
|
117 |
Wildwood Ave |
$549,000 |
$549,000 |
$15,094 |
|
772 |
Valley Rd |
$546,500 |
$549,000 |
$13,385 |
|
412 |
Upper Mountain Ave |
$545,000 |
$559,000 |
$19,187 |
|
19 |
Stephen St |
$540,000 |
$559,000 |
$15,366 |
|
112 |
Squire Hill Rd |
$540,000 |
$519,900 |
$14,469 |
|
8C |
S Mounain Ave |
$535,000 |
$549,000 |
$16,262 |
|
147 |
N Mountain Ave |
$535,000 |
$524,000 |
$18,116 |
|
167 |
Highland Ave |
$525,000 |
$499,000 |
$20,480 |
|
46 |
Northview Ave |
$525,000 |
$489,900 |
$15,360 |
|
7 |
Burnside St |
$520,000 |
$549,000 |
$15,424 |
|
36 |
Montclair Ave |
$520,000 |
$539,900 |
$15,916 |
|
218 |
Valley Rd |
$520,000 |
$524,900 |
$16,033 |
|
5 |
Fairmount Ave |
$515,000 |
$515,000 |
$14,748 |
|
294 |
Grove St |
$512,000 |
$485,000 |
$12,464 |
|
212 |
Watchung Ave |
$510,000 |
$569,900 |
$13,709 |
|
8 |
Carolin Rd |
$505,000 |
$499,000 |
$13,091 |
|
46 |
Gordonhurst Ave |
$504,000 |
$519,000 |
$14,101 |
|
73 |
Oakwood Ave |
$503,000 |
$499,000 |
$16,456 |
|
61 |
Grandview Pl |
$500,000 |
$539,000 |
$15,998 |
To see the rest of the Montclair, NJ residential homes that sold in 2012, click here.
To compare Montclair real estate results to the results in some nearby towns, check out the real estate reports for Livingston, South Orange and West Orange.
Note: All data has been obtained from the Garden State Multiple Listing Service (GSMLS) as of January 24, 2013 and does not include any sale conducted without a real estate agent. All data deemed reliable but not guaranteed. $0 in taxes simply means the taxes were not calculated at the time the listing was inputted into GSMLS.