56 Walnut Cres
Montclair, NJ 07042
5 bd 3 ba 3,335 sqft Built 1917 multi_family
Most recent sale
$1,005,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 8, 2026 | Listed for rent | $3,650 | GardenState |
| Feb 6, 2025 | Listing removed | $3,600 | GardenState |
| Jan 17, 2025 | Listed for rent | $3,600 | GardenState |
| May 18, 2024 | Listing removed | $3,550 | GardenState |
| May 8, 2024 | Listed for rent | $3,550 | NewJerseyMLS |
| Jun 15, 2022 | Sold | $1,005,000 | MLS #3772326 |
| Apr 8, 2022 | Listed | $799,000 | MLS #3774337 |
| Mar 31, 2022 | Listed | $799,000 | MLS #3772326 |
| Jul 24, 2020 | Listed for rent | $2,500 | GardenState |
| Mar 14, 2019 | Listing removed | $2,300 | GardenState |
| Feb 19, 2019 | Listed for rent | $2,300 | GardenState |
| Mar 27, 2017 | Listing removed | $2,150 | GardenState |
| Mar 19, 2017 | Listed for rent | $2,150 | GardenState |
| Oct 11, 2013 | Listing removed | $2,100 | GardenState |
| Sep 29, 2013 | Listed for rent | $2,100 | GardenState |
| Jun 16, 2011 | Listing removed | $1,975 | GardenState |
| Jun 8, 2011 | Price changed for rent | $1,975 | GardenState |
| May 2, 2011 | Listed for rent | $2,100 | GardenState |
| Oct 4, 2004 | Sold | $556,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $336,300 | $185,500 | $521,800 | $18,346 |
| 2024 | $336,300 | $185,500 | $521,800 | $15,718 |
| 2023 | $276,400 | $185,500 | $461,900 | $15,612 |
| 2022 | $276,400 | $185,500 | $461,900 | $15,187 |
| 2021 | $276,400 | $185,500 | $461,900 | $14,923 |
| 2020 | $276,400 | $185,500 | $461,900 | $14,684 |
| 2019 | $276,400 | $185,500 | $461,900 | $14,531 |
| 2018 | $276,400 | $185,500 | $461,900 | $14,291 |
| 2017 | $196,900 | $189,700 | $386,600 | $14,436 |
| 2016 | $196,900 | $189,700 | $386,600 | $14,049 |
| 2015 | $196,900 | $189,700 | $386,600 | $13,632 |
| 2014 | $196,900 | $189,700 | $386,600 | $13,175 |
| 2013 | $196,900 | $189,700 | $386,600 | $12,762 |
| 2012 | $196,900 | $189,700 | $386,600 | $12,576 |
| 2010 | $278,100 | $285,200 | $563,300 | $14,190 |
| 2009 | $278,100 | $285,200 | $563,300 | $13,446 |
| 2008 | $278,100 | $285,200 | $563,300 | $12,962 |
| 2007 | $278,100 | $285,200 | $563,300 | $12,110 |
Property facts
Year built
1917
Property type
multi_family
Stories
—
Beds
5
Baths
3
Living area
3,335 sqft
Lot size
—
ZIP code
07042
City
Montclair
Street
Walnut Cres
Coordinates
40.81450, -74.20372
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,003
Gross rental yield
5.97%
Implied cap rate
3.88%
Trend-extrapolated value
—
Frequently asked questions
When did 56 Walnut Cres last sell?
56 Walnut Cres most recently sold on Jun 15, 2022 for $1,005,000.
What is the current tax assessment for 56 Walnut Cres?
The most recent total assessment for 56 Walnut Cres (year 2025) is $521,800 with $18,346 in property tax.
How does 56 Walnut Cres's assessment compare to its last sale price?
The current assessment is 48.1% below the last sale price of $1,005,000.
When was 56 Walnut Cres built?
56 Walnut Cres was built in 1917.
How does 56 Walnut Cres compare to others on Walnut Cres?
We track 4 other properties on Walnut Cres. Browse the list under "Other properties on Walnut Cres" to compare beds, baths, and sale history.
What are the property facts for 56 Walnut Cres?
56 Walnut Cres is a 5 bed, 3 bath, 3,335 sqft multi_family.
Is 56 Walnut Cres a flip candidate?
No — 56 Walnut Cres does not appear in our flips dataset.
Is 56 Walnut Cres a tax-appeal candidate?
No — 56 Walnut Cres is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$1.23M
2026 Q4
$1.24M
ZIP 07042 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Walnut Cres