NOT LISTED FOR SALE

125 Summit Ave Montclair, NJ 07043

Estimated Value: $1,798,000 - $1,902,000

4 Beds
3 Baths
2,287 Sq Ft
$807/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $1,702,000 $744 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,924/month

11 Days on Market

About This Home

As of November 2023

This home is located at 125 Summit Ave, Montclair, NJ 07043 since 12 September 2023 and is currently estimated at $1,845,387, approximately $806 per square foot. This property was built in 1925. 125 Summit Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

Melissa Giordano

PROMINENT PROPERTIES SIR Brokerage Phone: 973-783-6900 Listed on: 09/12/2023

PROMINENT PROPERTIES SIR

Co-Listed By

Kathleen McDonough

PROMINENT PROPERTIES SIR Brokerage Phone: 973-783-6900

Last Buyer's Agent

BARBARA A GARGIULO

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,103

Year Built

  • Built in 1925

Lot Details

  • 10,759

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,103

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 125
  • I D: 5244140
  • Modified: 2024-11-02
  • Number Images: 1
  • Attribution Contact: 973-783-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 64X171 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Oct 27, 2023
Sold by
Stewart Trevor and Stewart Jacqueline
Bought by
Ward Katherine
Seller's Agent
Melissa Giordano
PROMINENT PROPERTIES SIR
Buyer's Agent
BARBARA A GARGIULO
PROMINENT PROPERTIES SIR
List Price
$1,099,000
Sold Price
$1,702,000
Premium/Discount to List
$603,000
54.87%
Views
161
Current Estimated Value
$1,845,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,387
Avg. Annual Appreciation
3.56%
Original Mortgage
$1,302,000
Outstanding Balance
$1,277,687
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$539,257

Purchase Details

Listed on
Jun 20, 2016
Closed on
Oct 6, 2016
Sold by
Park Eleanor C
Bought by
Stewart Trevor and Neill Jacqueline O
Seller's Agent
GRETCHEN CHENEY
PROMINENT PROPERTIES SIR
Buyer's Agent
Erin Crawford
KELLER WILLIAMS - NJ METRO GROUP
List Price
$789,000
Sold Price
$765,000
Premium/Discount to List
-$24,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$612,000
Interest Rate
3.52%
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
Ward Katherine $1,702,000 Evident Title
Stewart Trevor $765,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Katherine $1,302,000
Previous Owner Stewart Trevor $75,000
Previous Owner Oneill Jacqueline $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $1,702,000 +54.9% $744 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,099,000 +43.7% $481 / Sq Ft
10/06/2016 10/06/16 Sold $765,000 -3.0% $334 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $789,000 -- $345 / 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 $25,103 $744,600 $379,600 $365,000
2024 $25,103 $744,600 $379,600 $365,000
2022 $24,420 $742,700 $379,600 $363,100
2021 $23,997 $742,700 $379,600 $363,100
2020 $23,610 $742,700 $379,600 $363,100
2019 $23,365 $742,700 $379,600 $363,100
2018 $22,001 $711,100 $379,600 $331,500
2017 $22,318 $597,700 $362,900 $234,800
2016 $21,470 $597,700 $362,900 $234,800
2015 $20,825 $597,700 $362,900 $234,800
2014 $20,120 $597,700 $362,900 $234,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Melissa Giordano

    PROMINENT PROPERTIES SIR

    (917) 994-4988

    6 in this area

    12 Total Sales

    Melissa Giordano
    Section Image
  • Kathleen McDonough

    Seller Co-Listing Agent in 2023

    Kathleen McDonough

    PROMINENT PROPERTIES SIR

    (973) 233-1164

    67 in this area

    106 Total Sales

    Kathleen McDonough
    Section Image

  • B

    Buyer's Agent in 2023

    BARBARA A GARGIULO

    PROMINENT PROPERTIES SIR

  • G

    Seller's Agent in 2016

    GRETCHEN CHENEY

    PROMINENT PROPERTIES SIR

  • Erin Crawford

    Buyer's Agent in 2016

    Erin Crawford

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 783-7400

    81 in this area

    131 Total Sales

    Erin Crawford
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3864305

Garden State MLS

APN: 13-03506-0000-00044

New Jersey Essex County Montclair 07043

125 Summit Ave, Montclair, NJ

This home is located at 125 Summit Ave, Montclair, NJ 07043 since 12 September 2023 and is currently estimated at $1,845,387, approximately $806 per square foot. This property was built in 1925. 125 Summit Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

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