NOT LISTED FOR SALE

16 Hickory Rd Summit, NJ 07901

Estimated Value: $2,004,000 - $2,240,727

4 Beds
3 Baths
2,211 Sq Ft
$956/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2023

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

Est. 23% increase in value since last sale

Current estimated payment $13,078 / 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 $2,114,432, approximately $956 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

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
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
$2,114,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,432
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,325,000
Outstanding Balance
$1,287,496
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$826,936

Purchase Details

Closed on
Nov 8, 2005
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 18, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$1,725,000 Old Republic Title
$900,000 --
$385,000 --
-- --
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
Closed $1,325,000
Previous Owner $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
2025 $22,285 $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

  • A

    Seller Co-Listing Agent in 2023

    ALLISON B LEES

    PROMINENT PROPERTIES SIR

  • J

    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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