12 Summit Ave Summit, NJ 07901
Estimated Value: $1,114,000 - $1,581,000
1
Bed
1
Bath
3,034
Sq Ft
$413/Sq Ft
Est. Value
About This Home
This home is located at 12 Summit Ave, Summit, NJ 07901 and is currently estimated at $1,253,551, approximately $413 per square foot. 12 Summit Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 13, 2017
Sold by
Cavan Associates Llc
Bought by
Molinar James M and Molinar Anne Narie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Outstanding Balance
$444,207
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$809,344
Purchase Details
Closed on
Feb 10, 2012
Sold by
Gilroy Robert J and Gilroy Ethel
Bought by
Cavan Associates Llc
Purchase Details
Closed on
Aug 20, 1997
Sold by
Gilroy Robert J and Mertz Francis J
Bought by
Gilroy Robert J and Gilroy Ethel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.42%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Molinar James M | $710,000 | Chp Title Agency Llc | |
| Cavan Associates Llc | -- | None Available | |
| Gilroy Robert J | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Molinar James M | $532,500 | |
| Previous Owner | Gilroy Robert J | $154,000 |
Source: Public Records
Tax History Compared to Growth
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 | $22,224 | $510,200 | $98,400 | $411,800 |
| 2024 | $22,076 | $510,200 | $98,400 | $411,800 |
| 2023 | $22,076 | $510,200 | $98,400 | $411,800 |
| 2022 | $21,852 | $510,200 | $98,400 | $411,800 |
| 2021 | $22,025 | $510,200 | $98,400 | $411,800 |
| 2020 | $22,245 | $510,200 | $98,400 | $411,800 |
| 2019 | $22,270 | $510,200 | $98,400 | $411,800 |
| 2018 | $11,215 | $258,600 | $98,400 | $160,200 |
| 2017 | $11,288 | $258,600 | $98,400 | $160,200 |
| 2016 | $11,122 | $258,600 | $98,400 | $160,200 |
| 2015 | $10,905 | $258,600 | $98,400 | $160,200 |
| 2014 | $10,623 | $258,600 | $98,400 | $160,200 |
Source: Public Records
Map
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