157 Summit Ave Montclair, NJ 07043
Estimated Value: $1,503,614 - $1,702,000
--
Bed
--
Bath
2,572
Sq Ft
$615/Sq Ft
Est. Value
About This Home
This home is located at 157 Summit Ave, Montclair, NJ 07043 and is currently estimated at $1,582,904, approximately $615 per square foot. 157 Summit Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 1997
Sold by
Reed Roger
Bought by
Krumper Michael and Alevras Heather
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$38,603
Interest Rate
7.52%
Estimated Equity
$1,544,301
Purchase Details
Closed on
Mar 11, 1994
Sold by
Barnum Russell
Bought by
Reed Roger and Reed Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.27%
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 |
|---|---|---|---|
| Krumper Michael | $310,000 | -- | |
| Reed Roger | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krumper Michael | $248,000 | |
| Previous Owner | Reed Roger | $230,000 |
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 | $25,022 | $740,300 | $367,400 | $372,900 |
| 2024 | $25,022 | $740,300 | $367,400 | $372,900 |
| 2022 | $24,341 | $740,300 | $367,400 | $372,900 |
| 2021 | $23,919 | $740,300 | $367,400 | $372,900 |
| 2020 | $23,534 | $740,300 | $367,400 | $372,900 |
| 2019 | $23,290 | $740,300 | $367,400 | $372,900 |
| 2018 | $22,905 | $740,300 | $367,400 | $372,900 |
| 2017 | $22,255 | $596,000 | $328,700 | $267,300 |
| 2016 | $21,659 | $596,000 | $328,700 | $267,300 |
| 2015 | $21,015 | $596,000 | $328,700 | $267,300 |
| 2014 | $20,312 | $596,000 | $328,700 | $267,300 |
Source: Public Records
Map
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