NOT LISTED FOR SALE

122 Summit Ave Phillipsburg, NJ 08865

Estimated Value: $298,000 - $336,000

2 Beds
1 Bath
2,146 Sq Ft
2,614 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $232,000 $108 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,276/month

Highlights

  • Open Floorplan
  • No HOA
  • Combination Dining and Living Room
  • Main Floor Bedroom
  • Galley Kitchen
  • Playground

About This Home

As of March 2023

Warm 2 bedroom 1st-floor apartment in a duplex located in a lovely community. Unique offerings- full basement for storage use and laundry room; property parking space in the back of the house; front and back porch; front and back access.
The home has a huge living room/family roof off of a galley-type kitchen.
Quick access to all major roads and close proximity to town and all needed shopping.

Last Agent to Rent the Property

Robert Lopez

(609) 865-7483 rlopez@corcoranss.com Corcoran Sawyer Smith License #681866 Listed on: 12/11/2022

Last Renter's Agent

Robert Lopez

(609) 865-7483 rlopez@corcoranss.com Corcoran Sawyer Smith License #681866 Listed on: 12/11/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1920

Lot Details

  • 2,614

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Alley Access
  • Gravel Driveway
  • Dirt Driveway
  • On-Street Parking
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Exterior Lighting
  • Playground

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,025
  • Tenant pays for all utilities
  • The owner pays for real estate taxes
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 12/11/22

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,836

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Date Available: 2022-12-11
  • Owner Pays: Taxes - Real Estate
  • Pets Allowed: No
  • Security Deposit: 2025.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Unit/Flat
  • Exclusions: None All As Is
  • Inclusions: All As Is
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Warm 2 bedroom 1st-floor apartment in a duplex located in a lovely community. Unique offerings- full basement for storage use and laundry room; property parking space in the back of the house; front and back porch; front and back access. The home has a huge living room/family roof off of a galley-type kitchen. Quick access to all major roads and close proximity to town and all needed shopping.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Oven - Single, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Entry Floor: 1
  • Interior Amenities: Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2146
  • Living Area Sq Ft: 2146
  • Price Per Sq Ft: 0.63
  • Above Grade Finished Sq Ft: 2146
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Block, Combination, Vinyl Siding
  • Exterior Features: Exterior Lighting, Play Area, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Dirt Driveway, Gravel Driveway, Paved Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Alley, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PHILLIPSBURG PUBLIC SCHOOLS
  • School District Key: 300200397148
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2744.00
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Close Date: 03/25/2023

MLS Schools

  • School District Name: PHILLIPSBURG PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Patel Kumar
Bought by
Chaas11 Llc
Current Estimated Value
$321,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$152,025
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$169,593

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 26, 2022
Sold by
Sebastian Carpio Alvaro
Bought by
Patel Kumar
Seller's Agent
Kristian Thygesen
WEICHERT REALTORS
Buyer's Agent
Robert Lopez
CORCORAN SAWYER SMITH
List Price
$225,000
Sold Price
$232,000
Premium/Discount to List
$7,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 22, 2020
Sold by
Wong Andrew K
Bought by
Carpio Sebastian
Seller's Agent
JOAN MANNON
WEICHERT REALTORS
Buyer's Agent
Kristian Thygesen
WEICHERT REALTORS
List Price
$144,000
Sold Price
$125,000
Premium/Discount to List
-$19,000
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.11%

Purchase Details

Closed on
Oct 24, 2000
Sold by
Lothian William L
Bought by
Wong Andrew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Chaas11 Llc -- New Title Company Name
Patel Kumar $232,000 Fidelity National Title
Carpio Sebastian $125,000 Old Republic Natl Ttl Ins Co
Wong Andrew K $83,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaas11 Llc $162,000
Previous Owner Wong Andrew K $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2023 03/25/23 Rented $1,350 0.0% --
12/11/2022 12/11/22 For Rent $1,350 0.0% --
01/28/2022 01/28/22 Sold $232,000 +3.1% -- View Prior Sale
12/03/2021 12/03/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $225,000 +80.0% --
09/23/2020 09/23/20 Sold $125,000 -13.2% -- View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $144,000 -- --
Source: Bright 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 $6,836 $150,400 $23,300 $127,100
2024 $6,311 $150,400 $23,300 $127,100
2023 $5,824 $150,400 $23,300 $127,100
2022 $5,824 $140,400 $23,300 $117,100
2021 $5,718 $140,400 $23,300 $117,100
2020 $5,675 $140,400 $23,300 $117,100
2019 $5,589 $140,400 $23,300 $117,100
2018 $5,589 $140,400 $23,300 $117,100
2017 $5,564 $140,400 $23,300 $117,100
2016 $5,478 $140,400 $23,300 $117,100
2015 $5,436 $140,400 $23,300 $117,100
2014 $5,259 $140,400 $23,300 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJWR2000244

Bright MLS

APN: 19-00810-0000-00018