NOT LISTED FOR SALE

158 Broad St Summit, NJ 07901

Estimated Value: $902,000 - $1,341,000

-- Bed
-- Bath
1,790 Sq Ft
$605/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $356,250 $199 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $7,190/month

121 Days on Market

About This Home

As of January 2016

This home is located at 158 Broad St, Summit, NJ 07901 since 07 September 2015 and is currently estimated at $1,082,482, approximately $604 per square foot. This property was built in 1923. 158 Broad St is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Last Listed By

PATRICIA CULNEN

WEICHERT REALTORS Brokerage Phone: 908-277-1200 Listed on: 09/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,338

Year Built

  • 1923

Lot Details

  • 8,712 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,338

Year Built

1923

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 158
  • I D: 4565632
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-277-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Lot Info

  • Lot Size: 0.199
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Broad Street Portfolio Llc
Bought by
Eagle Nj Llc and Eagle Nj Nagle Llc
Total Days on Market
121
Current Estimated Value
$1,082,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Outstanding Balance
$3,803,123
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$2,651,519

Purchase Details

Listed on
Sep 7, 2015
Closed on
Jan 21, 2016
Sold by
Burtonwk&Sk Burton Realty Llc
Bought by
Broad Street Portfolio Llc
Seller's Agent
PATRICIA CULNEN
WEICHERT REALTORS
Buyer's Agent
PATRICIA CULNEN
WEICHERT REALTORS
List Price
$349,000
Sold Price
$356,250
Premium/Discount to List
$7,250
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$1,140,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2010
Sold by
Burton Sarah K
Bought by
Wesley K & Sarah K Burton Realty Llc

Range of Values:

Collateral Analytics

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ICE

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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
Eagle Nj Llc $6,250,000 Cortes And Hay Ttl Agcy Inc
Broad Street Portfolio Llc $356,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Nj Llc $4,100,000
Previous Owner Broad Street Portfolio Llc $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $356,250 +2.1% $199 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
09/07/2015 09/07/15 For Sale $349,000 -- $195 / 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
2024 $17,338 $400,700 $130,000 $270,700
2023 $17,338 $400,700 $130,000 $270,700
2022 $17,162 $400,700 $130,000 $270,700
2021 $17,298 $400,700 $130,000 $270,700
2020 $17,471 $400,700 $130,000 $270,700
2019 $5,675 $130,000 $130,000 $0
2018 $5,638 $130,000 $130,000 $0
2017 $7,556 $173,100 $69,500 $103,600
2016 $7,445 $173,100 $69,500 $103,600
2015 $7,300 $173,100 $69,500 $103,600
2014 $7,111 $173,100 $69,500 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3251415

Garden State MLS

APN: 18-04009-0000-00015