Blog, Essex, NJ Suburbs
Montclair Bargain Single Families UNDER $400k
February 18, 2009 by admin · 2 Comments
9/1/09 Upper Montclair Update: Approximately 7 months later, 2 of these homes have sold. Montclair real estate is picking up and homes under $400,000 in the 07043 zip code of Upper Montclair are selling very quickly due to historically low rates, real estate prices, and the use of FHA financing. New Jersey Real Estate Guys has a constant pulse on the locat market Montclair Township so if you are in the market for your future dream home, look no further. We would love to be interviewed for the job of assisting in your purchase. We are the areas best agents!
Today is Wednesday February 18, 2009 and we want to expose a few available homes in Montclair, NJ that are bargains under $400k. The Montclair real estate you will be shown in this post are all detached single family homes in or around the Upper Montclair prestigious home section. KEEP IN MIND that due to value declinations in the real estate industry, there are the possibilities of TAX APPEALS. Montclair is a high demand market and very few homes remain under $400k. CLICK HERE for Montclair, NJ demographics report and schools
Below are some of quality homes left for under $400,000. Please contact us for additional information, pictures, or to set up a showing at your convenience. Click images to enlarge.
N. Fullerton Ave
Available for $359k, a recent reduction from $399k. This updated colonial home has been on the market for a little less than 5 months. There are 2 main floors consisiting of 3 bedrooms 2 bathrooms, however can be significantly expanded by finishing the 3rd floor and basement.
Pleasant Avenue
This is a short sale and the price has already been approved by the bank (3rd Party). It has been verbally confirmed that this is a good possibility for tax appeal. Located just off Orange Ave, this is brand new construction and never lived in. Probably requires about $5,000 of finishing work. Walking distance to schools and in great neighborhood. Home is a 4 bedroom 2.5 bathroom 2 story layout and available for under $360k.
Sears Place
Beautiful brand new gutted to the studs and rebuilt home. Available for under $365k, this is practically brand new including new heat, A/C, electric plumbing, windows, doors, and spacious back patio. Consisting of 3 bedrooms, 2 full baths, and 2 half baths.
Cloverhill Place
Updated Center Hall Colonial. Home is available for under $380k. Consisting of 3 bedrooms, 1 Full Bathroom, this home is perfect for a small family, couple, or roomates. Located just off demanded Claremont Ave, this home is walking distance to shopping, dining, etc.
Upper Mountain Ave.
WOW…Upper Mountain Ave for UNDER $400k!! Upper Mountain Ave has some of the most beautiful homes in the country and home to many wealthy individuals. This home is 3 bedrooms 1 bath. I have visited this home and in my construction experience, would recommend adding another bathroom to the home. Note: A bathroom will cost approximately $8,000 but add about $15,000 in equity to the house.
Upper Mountain Ave.
Double WOW!! Another beautiful and updated home ON Upper Mountain Ave. This Dutch Colonial home has it all. Consisting of 4 bedrooms 2.5 UPDATED baths, and would floors throughout, this home is available for UNDER $400k through the process of a short sale. This is a 2 story home with 2 car detached garage.
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Check out what others are saying about this post...[...] advantage of buying homes at more affordable prices. Note: I wrote an article back in 2/09 on Upper Montclair homes under $400,000 in April. Those houses have been sold and inventory in Upper Montclair priced under $400k is far [...]
[...] previous report written by us in February 2009 pointed to bargain homes in Montclair listed at under $400,000. We mentioned the state of the market as a reason why you were seeing [...]