142 Colonial Rd Summit, NJ 07901
Estimated Value: $1,529,000 - $1,999,000
Studio
--
Bath
3,934
Sq Ft
$466/Sq Ft
Est. Value
About This Home
This home is located at 142 Colonial Rd, Summit, NJ 07901 and is currently estimated at $1,834,796, approximately $466 per square foot. 142 Colonial 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2020
Sold by
Mcgovern Patrick D and Mcgovern Kimberly W
Bought by
Mcgovern Patrick D and Mcgovern Kimberly W
Current Estimated Value
Purchase Details
Closed on
Dec 2, 2005
Sold by
Bell David J
Bought by
Mcgovern Patrick D and Mc Govern Kimberly W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$332,944
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,501,852
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 |
|---|---|---|---|
| Mcgovern Patrick D | -- | None Available | |
| Mcgovern Patrick D | $775,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgovern Patrick D | $620,000 |
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 | $23,914 | $549,000 | $181,700 | $367,300 |
| 2024 | $23,755 | $549,000 | $181,700 | $367,300 |
| 2023 | $23,755 | $549,000 | $181,700 | $367,300 |
| 2022 | $22,323 | $521,200 | $181,700 | $339,500 |
| 2021 | $22,500 | $521,200 | $181,700 | $339,500 |
| 2020 | $22,724 | $521,200 | $181,700 | $339,500 |
| 2019 | $22,750 | $521,200 | $181,700 | $339,500 |
| 2018 | $22,604 | $521,200 | $181,700 | $339,500 |
| 2017 | $14,356 | $328,900 | $181,700 | $147,200 |
| 2016 | $14,146 | $328,900 | $181,700 | $147,200 |
| 2015 | $13,870 | $328,900 | $181,700 | $147,200 |
| 2014 | $13,511 | $328,900 | $181,700 | $147,200 |
Source: Public Records
Map
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