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    Property profile & analytics

    79-81 Montague Pl, Unit 81 Montclair, NJ 07042-3152

    • Residential income homes
    • 4,238 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Location Intelligence
    Property ID
    US59-1449585
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 79-81 Montague Pl

    Year built
    1916
    Construction
    FRAME
    Lot size
    0.35 lot acres
    Property size
    4,238 SF
    Zone code
    R2
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    13 02301-0000-00036
    APU
    1302301000000036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $475,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $460,000
      Mixed-Use
      $435,000
      Hospitality
      $410,000
      Educational
      $475,000
      Residential Income
      $510,000
      Energy
      $485,000
      Income-Based Land
      $445,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Montclair
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2205
    Latitude
    40.8189
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $22,825
    $225,000
    $469,200
    $694,200
    -
    $225,000
    $469,200
    $694,200

    Comparable in this City

    • Value Estimation
      $1,580,000
      4,560 SF

      115 Maple Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,560 SF
      115 Maple Ave, Montclair, NJ 07042-4569
      View Details
    • Value Estimation by Request
      1.56 Acres

      180 Orange Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 1.56 Acres
      180 Orange Rd, Montclair, NJ 07042-2644
      View Details
    • Value Estimation
      $1,440,000
      4,087 SF

      145 Park St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,087 SF
      145 Park St, Montclair, NJ 07042-3901
      View Details
    • Value Estimation by Request
      0.32 Acres

      47 Un St

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.32 Acres
      47 Un St, Montclair, NJ 07042-3369
      View Details
    • Value Estimation by Request
      1,396 SF

      192-194 Bloomfield Ave, Unit 194

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,396 SF
      192-194 Bloomfield Ave, Montclair, NJ 07042-4702
      View Details
    • Value Estimation
      $685,000
      6,458 SF

      18 The Cres

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,458 SF
      18 The Cres, Montclair, NJ 07042-2638
      View Details

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    Montclair, NJ 07042-3152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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