Montclair’s Housing Market Surges: $2.7M Home Tops Sales List
UPDATE: Montclair’s real estate market is seeing a significant surge, with a stunning $2.7 million home leading the sales between November 10 and November 23. Six high-value residential properties changed hands in just two weeks, reflecting an average sales price of $1.6 million and $542 per square foot.
The crown jewel of this sales period is a luxurious single-family house located at 39 Bradford Ave., which sold for $2,675,000. This expansive home boasts 5,588 square feet of living space and was built in 2015, indicating a modern appeal that is driving demand in the Montclair area.
Here’s a quick breakdown of the other top sales:
2. $2.4 million – A charming single-family residence at 46 Lloyd Road was sold for $2,380,000. The property, constructed in 1890, offers 3,534 square feet of space, finalizing its sale on October 17.
3. $2.1 million – A contemporary single-family home at 43 Woodmont Road fetched $2,100,000. With 2,762 square feet of living area, this home was sold on October 14.
4. $1.4 million – A detached house at 33 Stephen Street sold for $1,400,005, finalizing on October 16. This property spans 2,802 square feet.
5. $849,000 – A single-family home at 251 McCosh Road concluded at $849,000 with a living area of 2,128 square feet, sold on October 8.
6. $409,000 – Rounding out the list, a condominium at 415 Claremont Ave. #C004F sold for $409,000. This 1,258-square-foot unit was built in 1957 and finalized its sale on October 20.
These high-value sales underscore the robust demand for residential properties in Montclair, signaling a competitive housing market. Buyers are evidently drawn to both historic charm and modern amenities, making Montclair a hotbed for upscale real estate.
As the housing market continues to evolve, potential buyers and investors should keep a close eye on upcoming listings and market trends. The next few weeks will be crucial in determining whether this surge can be sustained in the competitive real estate landscape.
Stay tuned for more updates on Montclair’s real estate developments as they unfold.
