NOT LISTED FOR SALE

11 Sherman Ave Summit, NJ 07901

Estimated Value: $2,019,000 - $2,639,000

-- Bed
-- Bath
2,653 Sq Ft
$861/Sq Ft Est. Value

About This Home

This home is located at 11 Sherman Ave, Summit, NJ 07901 and is currently estimated at $2,284,605, approximately $861 per square foot. 11 Sherman 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Coughlan John P
Bought by
Coughlan John P
Current Estimated Value
$2,284,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$527,829
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$1,756,776

Purchase Details

Closed on
Feb 2, 2008
Sold by
Manasco Shon J and Manasco Noelle C
Bought by
Coughlan John P and Redfern Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
King Jonathan
Bought by
Manasco Shon and Manasco Noelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
6.02%

Purchase Details

Closed on
Sep 9, 2002
Sold by
Wolfe Christian
Bought by
King Jonathan and King Halimah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%

Purchase Details

Closed on
May 15, 1997
Sold by
Cluse William T and Cluse Donna J
Bought by
Wolfe Christian K and Wolfe Amelia C J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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 Buyer Sale Price Title Company
Coughlan John P $761,606 First American Title
Coughlan John P $1,450,000 Chicago Title Insurance Co
Manasco Shon $1,325,000 --
King Jonathan $1,100,000 --
Wolfe Christian K $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coughlan John P $650,000
Previous Owner Manasco Shon $132,500
Previous Owner King Jonathan $850,000
Previous Owner Wolfe Christian K $468,000
Source: Public Records

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
2025 $26,127 $599,800 $216,800 $383,000
2024 $25,953 $599,800 $216,800 $383,000
2023 $25,953 $599,800 $216,800 $383,000
2022 $25,689 $599,800 $216,800 $383,000
2021 $25,893 $599,800 $216,800 $383,000
2020 $26,151 $599,800 $216,800 $383,000
2019 $26,181 $599,800 $216,800 $383,000
2018 $22,813 $526,000 $216,800 $309,200
2017 $22,960 $526,000 $216,800 $309,200
2016 $22,623 $526,000 $216,800 $309,200
2015 $22,181 $526,000 $216,800 $309,200
2014 $21,608 $526,000 $216,800 $309,200
Source: Public Records

Map

New Jersey Union County Summit 07901

11 Sherman Ave, Summit, NJ

This home is located at 11 Sherman Ave, Summit, NJ 07901 and is currently estimated at $2,284,605, approximately $861 per square foot. 11 Sherman 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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