NOT LISTED FOR SALE

159 Summit Ave Summit, NJ 07901

Summit Area

Estimated Value: $1,151,000 - $1,510,996

Studio
-- Baths
3,820 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2012

Last sale price $965,000 $253 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $10,388 / mo

About This Home

As of January 2012

This home is located at 159 Summit Ave, Summit, NJ 07901 since 31 January 2012 and is currently estimated at $1,343,999, approximately $351 per square foot. 159 Summit Ave 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.

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Brokerage Phone: 908-522-1800 Listed on: 01/31/2012

Last Buyer's Agent

Jean Marie Morgan

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,454 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

10,454 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4174087
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 100X103
  • Total Acres: 0.24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
Decmar Llc
Bought by
Current Estimated Value
$1,589,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Outstanding Balance
$685,278
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$658,721

Purchase Details

Listed on
Jan 31, 2012
Closed on
Jan 28, 2012
Sold by
Horvat Erik and Horvat Karen
Bought by
Decmar Llc
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
Jean Marie Morgan
COLDWELL BANKER REALTY
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Dec 9, 2004
Sold by
Holt Marmaduke
Bought by
Horvat Erik and Horvat Karen

Purchase Details

Closed on
Oct 18, 1994
Sold by
Holt Joan K
Bought by
Holt Marmaduke B and Holt Joan K
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    42 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    62 Total Sales

    1 in Summit

    $465,000 Price

    Mackenson Bonnet
     Section Image
  • Nicole Levine Real Estate Agent - WEICHERT REALTORS

    Nicole Levine

    WEICHERT REALTORS

    (862) 259-6555

    76 Total Sales

    1 in Summit

    $601,000 Price

    Nicole Levine
     Section Image
  • Wendy Dessanti Real Estate Agent - Weichert Realtors, Tenafly-Cresskill

    Wendy Dessanti

    Responds Quickly

    Weichert Realtors, Tenafly-Cresskill

    (551) 345-5188

    28 Total Sales

    2 in Summit

    $950K - $1.3M Price Range

    Wendy Dessanti
     Section Image
  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    654 Total Sales

    1 in Summit

    $800,000 Price

    Michele Klug
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 Prestige Title Agency Inc
Decmar Llc $965,000 --
Horvat Erik $911,000 --
Holt Marmaduke B -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $796,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2012 01/31/12 Sold $965,000 0.0% $253 / Sq Ft
01/13/2012 01/13/12 Sold $965,000 -- $253 / Sq Ft View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,444 $434,900 $207,200 $227,700
2025 $19,444 $434,900 $207,200 $227,700
2024 $18,818 $434,900 $207,200 $227,700
2023 $18,818 $434,900 $207,200 $227,700
2022 $18,627 $434,900 $207,200 $227,700
2021 $18,775 $434,900 $207,200 $227,700
2020 $18,962 $434,900 $207,200 $227,700
2019 $18,983 $434,900 $207,200 $227,700
2018 $18,862 $434,900 $207,200 $227,700
2017 $18,983 $434,900 $207,200 $227,700
2016 $18,705 $434,900 $207,200 $227,700
2015 $18,340 $434,900 $207,200 $227,700
2014 $17,866 $434,900 $207,200 $227,700
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2012

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    135 Total Sales

    Kim Cannon
    Section Image
  • Jean Marie Morgan Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2012

    Jean Marie Morgan

    COLDWELL BANKER REALTY

    (908) 279-4441

    121 Total Sales

    Jean Marie Morgan
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 2887384

Garden State MLS

APN: 18-02608-0000-00018

New Jersey Union County Summit 07901

159 Summit Ave, Summit, NJ

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.