Schultz House, a historic time capsule, is up for sale

[Lily left the valley]

Historic home in Montclair, NJ for sale, as the historic society it was bequeathed to by the last remaining heir cannot finance upkeep:

https://www.northjersey.com/story/news/essex/montclair/2020/03/05/schultz-house-montclair-nj-mansion-for-sale/4942726002/?fbclid=IwAR0qKo3FQX38OU3uPh023F-hNbIn1jTb2RYnbda4qgl07fPVWzBv5Jlv3a4&mc_cid=5cda401a63&mc_eid=b21c0a54ad

[Gothichome]

Lily, what a spectacular home. To bad though the current historical society can not afford to keep it. The funds will help no drought the maintenance of the other three homes they own. I certainly hope it finds a suitable new caretake who appreciates the originality of the home. At $2.5 total with repairs I would think it a bargain for some wealthy NY’r with a desire to get out of the city. Not sure how far out of NY city it is but it can’t be a long commute.

[1918ColonialRevival]

That's a nice house. Hopefully it will go to someone who will appreciate it, but I'm skeptical.

If it went to a private owner, they would be taxed out of existence within a few years, even if money was no object. $48k a year in taxes is insane.

I hope I'm wrong, but given the North Jersey location, I could see it falling into the hands of a developer.

[Lily left the valley]

That's a nice house. Hopefully it will go to someone who will appreciate it, but I'm skeptical.

If it went to a private owner, they would be taxed out of existence within a few years, even if money was no object. $48k a year in taxes is insane.

I hope I'm wrong, but given the North Jersey location, I could see it falling into the hands of a developer.

From the article, "The history center has not ruled out selling the Shultz House, on 30 North Mountain Avenue, to a developer, but is in talks with the National Trust about putting a preservation easement on the house to prevent its demolition. "We're moving forward at a very deliberate pace because we want to make sure we identify the best future for the house, and also consider the neighbors and community," Eliasof said."

[Manalto]

Montclair is about 40 miles from the city.

Here's another link with some good photos:

https://www.northjersey.com/story/news/ ... 942726002/

[phil]

at the moment in time that casket making factory is actually looking like a great investment.