UPDATE: New reports confirm a total of 8 homes sold in Montclair from July 7 to July 13, 2023, highlighting significant real estate activity in the area. The median sale price during this period was an impressive $729,000 for a 1,500-square-foot property on Claremont Avenue.
This surge in home sales is making waves among local buyers and sellers, indicating a robust market. The standout transaction was a luxury home on Duryea Road, which sold for a staggering $2,101,000, covering 2,862 square feet at $734 per square foot. This property exemplifies the high-end segment of Montclair’s real estate landscape.
Here’s a breakdown of the recent transactions:
– **25 Washington Street**: Sold for $180,000, size: 2,649 square feet ($68/sq ft)
– **7 Franklin Ave**: Sold for $500,000, size: 1,556 square feet ($321/sq ft)
– **12 Enfield Ave**: Sold for $508,000, size: 1,778 square feet ($286/sq ft)
– **242 McCosh Road**: Sold for $640,000, size: 1,748 square feet ($366/sq ft)
– **232 Claremont Ave**: Sold for $729,000, size: 1,500 square feet ($486/sq ft)
– **30 Edgecliff Road**: Sold for $905,000, size: 2,523 square feet ($359/sq ft)
– **142 Maple Ave**: Sold for $1,225,000, size: 2,777 square feet ($441/sq ft)
– **22 Duryea Road**: Sold for $2,101,000, size: 2,862 square feet ($734/sq ft)
These transactions reflect a vibrant real estate market in Montclair, drawing attention from potential homebuyers eager to invest. Real Estate Newswire, a service powered by United Robots utilizing machine learning, provides these insights based on data aggregated from Propmix.
Potential buyers and sellers should watch for ongoing trends as the market continues to evolve. With homes selling across a wide price range, this is an opportune moment for anyone considering a move in Montclair.
Stay tuned for more updates as we track the latest developments in local real estate!
