NOT LISTED FOR SALE

115 River Rd Summit, NJ 07901

Estimated Value: $592,000 - $877,000

3 Beds
3 Baths
1,518 Sq Ft
$515/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $615,000 $405 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,864/month

144 Days on Market

About This Home

As of October 2023

This home is located at 115 River Rd, Summit, NJ 07901 since 20 March 2023 and is currently estimated at $781,454, approximately $514 per square foot. 115 River Rd 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

Courtney Orlando

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-315-8180 Listed on: 03/20/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Gina Suriano Barber

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,634

Lot Details

  • 5,489

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,634

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 115
  • I D: 5207287
  • Modified: 2024-10-13
  • Number Images: 1
  • Attribution Contact: 973-315-8180
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 50X110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Oct 12, 2023
Sold by
Zhang Qinquan and Chuan Rong
Bought by
Sreedhar Guruprasad and Sreedhar Kaitlyn Andie
Seller's Agent
Courtney Orlando
COMPASS NEW JERSEY, LLC
Buyer's Agent
Gina Suriano Barber
COLDWELL BANKER REALTY
List Price
$690,000
Sold Price
$615,000
Premium/Discount to List
-$75,000
-10.87%
Views
719
Current Estimated Value
$781,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,454
Avg. Annual Appreciation
12.86%
Original Mortgage
$584,250
Outstanding Balance
$572,912
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$208,542

Purchase Details

Closed on
Aug 12, 2011
Sold by
Carvajal Omar and Carvajal Jenny L
Bought by
Zhang Qinquan and Liu Chuan Rong

Purchase Details

Closed on
Sep 26, 2008
Sold by
Carvajal Omar
Bought by
Carvajal Omar and Carvajal Jenny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1999
Sold by
Brennan Elizabeth Ann and Daniele Fannie
Bought by
Carvajal Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Interest Rate
7.6%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Sreedhar Guruprasad $615,000 Green Label Title
Guruprasad Sreedhar $615,000 Green Label Title
Zhang Qinquan $315,000 Chicago Title Insurance Co
Carvajal Omar -- Cardinal Title Agency Inc
Carvajal Omar $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guruprasad Sreedhar $584,250
Closed Guruprasad Sreedhar $584,250
Previous Owner Carvajal Omar $243,000
Previous Owner Carvajal Omar $149,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $615,000 +2.5% $405 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $600,000 -2.4% $395 / Sq Ft
07/05/2023 07/05/23 Price Changed $615,000 -5.4% $405 / Sq Ft
05/24/2023 05/24/23 Price Changed $650,000 -3.7% $428 / Sq Ft
04/28/2023 04/28/23 Price Changed $675,000 -2.2% $445 / Sq Ft
03/24/2023 03/24/23 For Sale $690,000 -- $455 / 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
2025 $8,634 $198,200 $102,200 $96,000
2024 $7,711 $198,200 $102,200 $96,000
2023 $7,711 $178,200 $102,200 $76,000
2022 $7,632 $178,200 $102,200 $76,000
2021 $7,693 $178,200 $102,200 $76,000
2020 $7,770 $178,200 $102,200 $76,000
2019 $7,778 $178,200 $102,200 $76,000
2018 $7,729 $178,200 $102,200 $76,000
2017 $7,778 $178,200 $102,200 $76,000
2016 $7,664 $178,200 $102,200 $76,000
2015 $7,515 $178,200 $102,200 $76,000
2014 $7,320 $178,200 $102,200 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3833908

Garden State MLS

APN: 18-00301-0000-00012