It’s everyone’s favorite complaint — taxes are just way too high in Montclair. Yet, high taxes doesn’t seem to be the only problem. How about inconsistency of taxes, from neighborhood to neighborhood, street to street, even house to house. Here’s a look at what’s currently on the market and where the tax bills fall. Tell us how your taxes compare. Of course, if you’ve been getting a good deal somehow, we completely understand your silence.
In Montclair’s historic South End, 25 Pleasant Ave (left) is for sale. The property on a double lot (.75 acre) with 5 bedrooms, 3.1 baths and loads of extras, is on the market for $849,900. The taxes — $15,354. At 126 Lloyd Road, a five bedroom on .76 acres is on the market for $2,999,999. The taxes — $48,295. At 72 Lloyd Road, taxes are $31,915 for .87 acre (sales price is $1,990,000).
Over in 07043, 216 Lorraine Ave. is also for sale. On just over a third of an acre, the taxes on this 4-bedroom are $12,384 and the price is $649,000. At 236 Christopher, a six bedroom home, on a smaller lot (.24), listed for $899,000 has taxes of $15,766. In the Fairway section, 3 Bellegrove Drive, listed at .39 acre, is priced at $849,000 with taxes of $19,338 (a realtor’s note says taxes were reduced by 20% in 2005).
Then there’s 2 Mulford Lane, on a half an acre, it’s priced at $795,000 with taxes of 22,876. On 1.34 acres, 42 Llewellyn Road, (shown above, on sale for $1,299,000) has taxes of $24,977, almost the same tax bill for more than double the land. Like we said, go figure.