NOT LISTED FOR SALE

1221 Summit Ave Unit 1 Union City, NJ 07087

Estimated Value: $1,911,334

2 Beds
1 Bath
925 Sq Ft
$2,066/Sq Ft Est. Value

About This Home

This home is located at 1221 Summit Ave Unit 1, Union City, NJ 07087 and is currently estimated at $1,911,334, approximately $2,066 per square foot. 1221 Summit Ave Unit 1 is a home located in Hudson County with nearby schools including Veterans Memorial School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2017
Sold by
Rockledge 1215 1221 Summit Avenue Llc
Bought by
89 Fourth Llc
Current Estimated Value
$1,911,334

Purchase Details

Closed on
Mar 8, 2012
Sold by
Perez Jose M and Perez Antonia
Bought by
Rockledge 1215 1221 Summiit Avenue Llc

Purchase Details

Closed on
Mar 7, 2001
Sold by
Giglio Pierto and Giglio Angela
Bought by
Perez Jose and Perez Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
89 Fourth Llc $930,000 None Available
Rockledge 1215 1221 Summiit Avenue Llc $875,000 --
Perez Jose $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Jose $740,000
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 $16,296 $933,700 $312,000 $621,700
2024 $20,250 $881,800 $312,000 $569,800
2023 $20,250 $263,400 $112,800 $150,600
2022 $19,521 $263,400 $112,800 $150,600
2021 $19,452 $263,400 $112,800 $150,600
2020 $19,231 $263,400 $112,800 $150,600
2019 $18,709 $263,400 $112,800 $150,600
2018 $18,359 $263,400 $112,800 $150,600
2017 $18,185 $263,400 $112,800 $150,600
2016 $18,148 $263,400 $112,800 $150,600
2015 $17,835 $263,400 $112,800 $150,600
2014 $17,448 $263,400 $112,800 $150,600
Source: Public Records

Map

New Jersey Hudson County Union City 07087

1221 Summit Ave Unit 1, Union City, NJ

This home is located at 1221 Summit Ave Unit 1, Union City, NJ 07087 and is currently estimated at $1,911,334, approximately $2,066 per square foot. 1221 Summit Ave Unit 1 is a home located in Hudson County with nearby schools including Veterans Memorial School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.

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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