NOT LISTED FOR SALE

16 Hickory Rd Summit, NJ 07901

Summit Area

Estimated Value: $2,074,000 - $2,365,571

4 Beds
3 Baths
2,211 Sq Ft
$985/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2023

Last sale price $1,725,000 $780 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,977 / mo

7 Days on Market

About This Home

As of April 2023

This home is located at 16 Hickory Rd, Summit, NJ 07901 since 08 February 2023 and is currently estimated at $2,177,893, approximately $985 per square foot. This property was built in 1937. 16 Hickory Rd 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.

Co-Listed By

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 9,191

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

9,191 Sq Ft Lot

Listing Details

  • Year Built: 1937
  • County Name: Union
  • I D: 5198475
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

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

Listed on
Feb 8, 2023
Closed on
Mar 27, 2023
Sold by
Price Charles W and Price Cheryl A
Bought by
List Price
$1,549,000
Sold Price
$1,725,000
Premium/Discount to List
$176,000
11.36%
Views
115
Current Estimated Value
$2,177,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,893
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,325,000
Outstanding Balance
$1,273,140
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$904,753

Purchase Details

Closed on
Nov 8, 2005
Sold by
Hauer Richard W
Bought by
Price Charles W and Cheryl A Costa Price

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 1997
Sold by
Lemcke H R
Bought by
Hauer Richard W and Hauer Norma M

Purchase Details

Closed on
Oct 18, 1994
Sold by
Lemcke H R and Lemcke Ileen J
Bought by
Lemcke H R
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

  • Zohar Zamir Real Estate Agent - KELLER WILLIAMS VILLAGE SQUARE REALTY

    Zohar Zamir

    KELLER WILLIAMS VILLAGE SQUARE REALTY

    (551) 296-1848

    736 Total Sales

    1 in Summit

    $999,999 Price

    Zohar Zamir
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  • Robin Roth Real Estate Agent - RE/MAX Competitive Edge

    Robin Roth

    RE/MAX Competitive Edge

    (908) 365-0772

    27 Total Sales

    1 in Summit

    $855,000 Price

    Robin Roth
     Section Image
  • Massimo Chirichiello Real Estate Agent - SERHANT NEW JERSEY LLC

    Massimo Chirichiello

    SERHANT NEW JERSEY LLC

    (973) 315-6877

    49 Total Sales

    1 in Summit

    $840,000 Price

    Massimo Chirichiello
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    299 Total Sales

    2 in Summit

    $875,000 Price Range

    Nancy Chu
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    171 Total Sales

    1 in Summit

    $1,350,000 Price

    Frank LaMorte
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    337 Total Sales

    2 in Summit

    $509K - $1.4M Price Range

    Mikaela Arpino
     Section Image
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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
$1,725,000 Old Republic Title
Price Charles W $900,000 --
Hauer Richard W $385,000 --
Lemcke H R -- --
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 $1,325,000
Previous Owner Price Charles W $550,000
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
04/06/2023 04/06/23 Sold $1,725,000 +11.4% $780 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $1,549,000 -- $701 / Sq Ft
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 $24,215 $541,600 $150,600 $391,000
2025 $24,215 $541,600 $150,600 $391,000
2024 $22,137 $511,600 $150,600 $361,000
2023 $22,137 $511,600 $150,600 $361,000
2022 $21,912 $511,600 $150,600 $361,000
2021 $22,086 $511,600 $150,600 $361,000
2020 $22,306 $511,600 $150,600 $361,000
2019 $22,331 $511,600 $150,600 $361,000
2018 $15,006 $346,000 $150,600 $195,400
2017 $15,103 $346,000 $150,600 $195,400
2016 $14,881 $346,000 $150,600 $195,400
2015 $14,591 $346,000 $150,600 $195,400
2014 $14,214 $346,000 $150,600 $195,400
Source: Public Records

Agents Affiliated with this Home

  • AL

    Seller Co-Listing Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • JB

    Buyer Co-Listing Agent in 2023

    JILL BRAY

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3827848

Garden State MLS

APN: 18-00510-0000-00005

New Jersey Union County Summit 07901

16 Hickory Rd, Summit, NJ

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