$820,000
SOLD NOV 8, 2024

1060 Summit Ln Mountainside, NJ 07092

4 Beds
3 Baths
2,256 Sq Ft
0.34 Acres

Recently Sold

$363 Per Sq Ft

17% Below List Price

54 Days on Market

About This Home

As of November 2024

This home is located at 1060 Summit Ln, Mountainside, NJ 07092 and is currently priced at $820,000, approximately $363 per square foot. This property was built in 1960. 1060 Summit Ln is a home located in Union County with nearby schools including Beechwood School, Deerfield Elementary School, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

JEANIE RUBAN

WEICHERT REALTORS Brokerage Phone: 908-654-7777 Listed on: 08/05/2024

Last Buyer's Agent

Mukta Bhatia

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,765

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,765

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Union
  • Street Number Display: 1060
  • I D: 5300506
  • Modified: 2025-05-06
  • Number Images: 1
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 000.368 AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Nov 1, 2024
Sold by
Feldman Barry A and Feldman Karen
Bought by
Wang Yuanding and Guo Songlin
Seller's Agent
JEANIE RUBAN
WEICHERT REALTORS
Buyer's Agent
Mukta Bhatia
COLDWELL BANKER REALTY
List Price
$990,000
Sold Price
$820,000
Premium/Discount to List
-$170,000
-17.17%
Views
48
Current Estimated Value
$870,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,420
Avg. Annual Appreciation
6.53%
Original Mortgage
$500,000
Outstanding Balance
$485,991
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$376,549
Source: Public Records

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Range of Values:

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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
Deed $820,000 Evergreen Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $820,000 -6.3% $363 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $875,000 -11.6% $388 / Sq Ft
09/05/2024 09/05/24 For Sale $990,000 0.0% $439 / Sq Ft
08/20/2024 08/20/24 Off Market $990,000 -- --
08/08/2024 08/08/24 For Sale $990,000 -- $439 / Sq Ft
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 $11,765 $591,800 $291,300 $300,500
2023 $11,765 $591,800 $291,300 $300,500
2022 $11,818 $591,800 $291,300 $300,500
2021 $11,623 $591,800 $291,300 $300,500
2020 $11,181 $149,600 $56,500 $93,100
2019 $11,239 $149,600 $56,500 $93,100
2018 $11,262 $149,600 $56,500 $93,100
2017 $11,180 $149,600 $56,500 $93,100
2016 $10,925 $149,600 $56,500 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3917378

Garden State MLS

APN: 10-00006-01-00008