NOT LISTED FOR SALE

1501 Summit Ave Unit 1503 Union City, NJ 07087

Estimated Value: $764,000 - $885,000

5 Beds
3 Baths
2,841 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 1501 Summit Ave Unit 1503, Union City, NJ 07087 and is currently estimated at $801,276, approximately $282 per square foot. 1501 Summit Ave Unit 1503 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
Jul 1, 2024
Sold by
Concepcion Fernando and Concepcion Nancy
Bought by
Panta Mahesh and Panta Lok Prasad
Current Estimated Value
$801,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 1999
Sold by
Clavijo Sergio A and Clavijo Juana M
Bought by
Concepcion Fernando and Concepcion Nancy
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
Panta Mahesh $800,000 Stewart Title Guaranty Company
Panta Mahesh $800,000 Stewart Title Guaranty Company
Panta Mahesh $800,000 Stewart Title Guaranty Company
Concepcion Fernando $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panta Mahesh $600,000
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 $11,347 $707,600 $246,700 $460,900
2024 $14,607 $614,000 $240,500 $373,500
2023 $14,607 $190,000 $85,500 $104,500
2022 $14,081 $190,000 $85,500 $104,500
2021 $14,032 $190,000 $85,500 $104,500
2020 $13,872 $190,000 $85,500 $104,500
2019 $13,496 $190,000 $85,500 $104,500
2018 $13,243 $190,000 $85,500 $104,500
2017 $13,118 $190,000 $85,500 $104,500
2016 $13,091 $190,000 $85,500 $104,500
2015 $15,005 $221,600 $85,500 $136,100
2014 $14,679 $221,600 $85,500 $136,100
Source: Public Records

Map

New Jersey Hudson County Union City 07087

1501 Summit Ave Unit 1503, Union City, NJ

This home is located at 1501 Summit Ave Unit 1503, Union City, NJ 07087 and is currently estimated at $801,276, approximately $282 per square foot. 1501 Summit Ave Unit 1503 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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