1516 Summit Ave Union City, NJ 07087
Estimated Value: $194,471
--
Bed
--
Bath
3,450
Sq Ft
$56/Sq Ft
Est. Value
About This Home
This home is located at 1516 Summit Ave, Union City, NJ 07087 and is currently priced at $194,471, approximately $56 per square foot. 1516 Summit Ave 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
Nov 16, 2005
Sold by
Martinez Victor M and Diaz Maria C
Bought by
1516 Sky Llc
Current Estimated Value
Purchase Details
Closed on
Nov 2, 2004
Sold by
Martinez Victor and Diaz Maria
Bought by
1510 Earth Llc
Purchase Details
Closed on
Sep 6, 2002
Sold by
Fernandez Rufino
Bought by
Martinez Victor M and Diaz Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.39%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 27, 1996
Sold by
Jauregui Felipe and Jauregui Elvira
Bought by
Fernandez Rufino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.31%
Mortgage Type
Commercial
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 |
---|---|---|---|
1516 Sky Llc | $126,000 | None Available | |
1510 Earth Llc | $130,000 | Commonwealth Title | |
Martinez Victor M | $180,000 | -- | |
Fernandez Rufino | $140,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | 1516 Sky Llc | $400,000 | |
Previous Owner | Martinez Victor M | $126,000 | |
Previous Owner | Fernandez Rufino | $91,000 |
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 | $17,229 | $987,200 | $280,000 | $707,200 |
2024 | $13,838 | $932,300 | $280,000 | $652,300 |
2023 | $13,838 | $180,000 | $94,000 | $86,000 |
2022 | $13,340 | $180,000 | $94,000 | $86,000 |
2021 | $13,293 | $180,000 | $94,000 | $86,000 |
2020 | $13,142 | $180,000 | $94,000 | $86,000 |
2019 | $12,785 | $180,000 | $94,000 | $86,000 |
2018 | $12,546 | $180,000 | $94,000 | $86,000 |
2017 | $12,427 | $180,000 | $94,000 | $86,000 |
2016 | $12,402 | $180,000 | $94,000 | $86,000 |
2015 | $12,188 | $180,000 | $94,000 | $86,000 |
2014 | $11,923 | $180,000 | $94,000 | $86,000 |
Source: Public Records
Map
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