$999,999
SOLD JUN 25, 2025

106 Park Ave Summit, NJ 07901

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

2% Below List Price

34 Days on Market

About This Home

As of June 2025

This home is located at 106 Park Ave, Summit, NJ 07901 and is currently priced at $999,999. This property was built in 1920. 106 Park Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Last Agent to Sell the Property

XIAOXING ZHAO

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 04/24/2025

Last Buyer's Agent

PHOOI LAY

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,801

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,801

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • Street Number Display: 106
  • I D: 5337569
  • Modified: 2025-06-25
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X58
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jun 23, 2025
Sold by
Shen Xinyang and Huang Haitao
Bought by
Twin Pillars Properties Llc
Seller's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
Buyer's Agent
PHOOI LAY
COMPASS NEW JERSEY, LLC
List Price
$1,020,000
Sold Price
$999,999
Premium/Discount to List
-$20,001
-1.96%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$749,999
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2015
Closed on
Oct 22, 2015
Sold by
Newell Elizabeth Exx
Bought by
Shen Xinyang and Shen Huang,H
Seller's Agent
Anne Quinn
COLDWELL BANKER REALTY
Buyer's Agent
CYNTHIA HUANG
KELLER WILLIAMS TOWNE SQUARE REAL
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $999,999 Stewart Title Guaranty Company
Deed $510,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $749,999 New Conventional
Previous Owner $320,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $999,999 -2.0% --
05/28/2025 05/28/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,020,000 +100.0% --
10/23/2015 10/23/15 Sold $510,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,801 $203,400 $70,200 $133,200
2023 $8,801 $203,400 $70,200 $133,200
2022 $8,712 $203,400 $70,200 $133,200
2021 $8,781 $203,400 $70,200 $133,200
2020 $8,868 $203,400 $70,200 $133,200
2019 $8,878 $203,400 $70,200 $133,200
2018 $8,821 $203,400 $70,200 $133,200
2017 $8,878 $203,400 $70,200 $133,200
2016 $8,748 $203,400 $70,200 $133,200
2015 $8,577 $203,400 $70,200 $133,200
2014 $8,356 $203,400 $70,200 $133,200
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2025

    XIAOXING ZHAO

    COMPASS NEW JERSEY, LLC

  • P

    Buyer's Agent in 2025

    PHOOI LAY

    COMPASS NEW JERSEY, LLC

  • Anne Quinn

    Seller's Agent in 2015

    Anne Quinn

    COLDWELL BANKER REALTY

    (908) 433-0972

    3 in this area

    28 Total Sales

    Anne Quinn
    Section Image

  • C

    Buyer's Agent in 2015

    CYNTHIA HUANG

    KELLER WILLIAMS TOWNE SQUARE REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3958732

Garden State MLS

APN: 18-04007-0000-00003

New Jersey Union County Summit 07901

106 Park Ave, Summit, NJ

This home is located at 106 Park Ave, Summit, NJ 07901 and is currently priced at $999,999. This property was built in 1920. 106 Park Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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