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5 Park Terrace, Montclair, NJ 07043 Property Information

5 Park Terrace, Montclair, NJ 07043 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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5 Park Terrace, Montclair, NJ 07043
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Address

Primary address 5 Park Terrace, Montclair
Zip code 07043
County Essex
Municipality Montclair Township
Block 2805
Lot 13

Sales & Tax Overview for 5 Park Terrace, Montclair

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Sale date 06/22/1984
Sale price $140,000
Arm's length
Property tax $19,222

Lot & Building Information for 5 Park Terrace, Montclair

Building sqft 1,304
Building class Residential (2)
Acreage 0.205
Year built 1924
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Single Family (R-1)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 5 Park Terrace, Montclair

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About 5 Park Terrace, Montclair

What is the year built & the total sq. ft. for 5 Park Terrace, Montclair, NJ 07043?

5 Park Terrace, Montclair, NJ 07043 was built in 1924 and has a total of 1,304 square feet.

What is the assessed value of 5 Park Terrace, Montclair, NJ 07043 and the property tax paid?

Assessed at $546,700, the tax amount paid for 5 Park Terrace, Montclair, NJ 07043 is $19,221.

When was 5 Park Terrace, Montclair, NJ 07043 last sold and what was the last sale price?

5 Park Terrace, Montclair, NJ 07043 was last sold in 06/22/1984 for $140,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 5 Park Terrace, Montclair

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Purchase date Purchase price Buyer name Seller name
06/22/1984 $140,000

Title Documents for 5 Park Terrace, Montclair

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
06/22/1984 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 5 Park Terrace, Montclair

Access detailed property tax data for 5 Park Terrace, Montclair, NJ 07043. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $19,222
Market value $546,700

Assessment History for 5 Park Terrace, Montclair

Here's the assessment & property tax history for 5 Park Terrace, Montclair, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $546,700 $546,700 3.516 $19,222 +3.32%
2024 $546,700 $546,700 3.403 $18,604 +1.61%
2023 $541,700 $541,700 3.38 $18,309 +2.80%
2022 $541,700 $541,700 3.288 $17,811 +1.76%
2021 $541,700 $541,700 3.231 $17,502 +1.64%

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 5 Park Terrace, Montclair to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Northeast Elementary School 6 Public K-5 360 0.32
Bradford School 6 Public PK, K-5 385 0.41
Bradford School 6 Public PK, K-5 385 0.41
School #16 5 Public K-5 196 0.71
St. Cassian Elementary School NR Private PK-8 260 0.77

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
St. Cassian Elementary School NR Private PK-8 260 0.77
Lacordaire Academy NR Private PK-12 240 0.77
Mt Hebron Middle School 6 Public 6-8 610 0.80
Cedar Grove Memorial Middle School 7 Public 5-8 440 1.30
St Thomas The Apostle School NR Private PK-8 195 1.58

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Lacordaire Academy NR Private 9-12 62 0.66
Lacordaire Academy NR Private PK-12 240 0.77
Cedar Grove High School 6 Public 9-12 466 1.49
The Montclair Kimberley Academy NR Private PK-12 1,048 1.99
The Learning Center For Exceptional Children NR Private 24 2.09

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 5 Park Terrace, Montclair

Here are the neighbors for 5 Park Terrace, Montclair.

Address Square feet Purchase date Purchase price
18 Park Ter, Montclair 1,152 09/03/2025
23 Park Ter, Montclair 2,282 09/30/2014 $595,000
16 Park Ter, Montclair 1,214 12/09/2011 $475,000
125 Alexander Ave, Montclair 2,755 03/19/2026
670 Grove St, Montclair 1,212 06/07/2002 $259,900
11 Park Ter, Montclair 1,833 08/23/2004 $551,000
17 Park Ter, Montclair 1,746 04/13/2006 $1
13 Park Ter, Montclair 1,556 10/01/2019 $529,000
21 Park Ter, Montclair 2,079 02/15/2001 $326,150
9 Park Ter, Montclair 2,291 05/14/2019 $579,000
129 Alexander Ave, Montclair 1,632 04/28/2026
123 Alexander Ave, Montclair 1,486 01/09/2026
668 Grove St, Montclair 1,536 09/30/1983 $82,000
20 Park Ter, Montclair 2,018 10/16/2020 $950,000
3 Park Ter, Montclair 2,000
672 Grove St, Montclair 1,551 06/19/1987 $197,000
676 Grove St, Montclair 1,218 09/29/2023 $10
15 Park Ter, Montclair 1,204 06/19/2008 $560,000
19 Park Ter, Montclair 1,846 07/28/2021 $750,000
674 Grove St, Montclair 1,488 08/10/2020 $520,000

Nearby ZIP Codes for 5 Park Terrace, Montclair

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