NOT LISTED FOR SALE

16 Princeton St Summit, NJ 07901

Estimated Value: $606,000 - $809,077

2 Beds
1 Bath
-- Sq Ft
6,229 Sq Ft Lot

Last Sold June 21, 2023

Last sale price $500,000

Est. 41% increase in value since last sale

Current estimated payment $4,613/month

8 Days on Market

About This Home

As of June 2023

This home is located at 16 Princeton St, Summit, NJ 07901 since 18 May 2023 and is currently estimated at $702,519. This property was built in 1994. 16 Princeton 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 Agent to Sell the Property

ROBERT A. LUBECK

WOODWARD PROPERTIES Brokerage Phone: 908-598-0155 Listed on: 05/18/2023

Last Buyer's Agent

Susan Oldendorp

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,208

Year Built

  • Built in 1994

Lot Details

  • 6,229

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,208

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Union
  • Street Number Display: 16
  • I D: 5221500
  • Modified: 2024-06-22
  • Number Images: 1
  • Attribution Contact: 908-598-0155
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 78X80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 20, 2023
Sold by
Joseph Zotti Trust
Bought by
Luzuriaga Pedro P and Luzuriaga Teresa
Seller's Agent
ROBERT A. LUBECK
WOODWARD PROPERTIES
Buyer's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%
Total Days on Market
8
Views
79
Current Estimated Value
$702,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,519
Avg. Annual Appreciation
18.95%

Purchase Details

Closed on
Oct 11, 2022
Sold by
Joseph Zotti Trust
Bought by
Zotti Rosemarie N

Purchase Details

Closed on
Nov 30, 1999
Sold by
Zotti William
Bought by
Joseph Zotti Trust and Zotti William
Source: Public Records

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Range of Values:

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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
Luzuriaga Pedro P $500,000 Grandview Title
Zotti Rosemarie N -- --
Joseph Zotti Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luzuriaga Pedro P $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $500,000 +4.4% --
05/26/2023 05/26/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $479,000 -- --
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 $8,208 $189,700 $117,200 $72,500
2023 $8,208 $189,700 $117,200 $72,500
2022 $8,125 $189,700 $117,200 $72,500
2021 $8,189 $189,700 $117,200 $72,500
2020 $8,271 $189,700 $117,200 $72,500
2019 $8,280 $189,700 $117,200 $72,500
2018 $8,227 $189,700 $117,200 $72,500
2017 $8,280 $189,700 $117,200 $72,500
2016 $8,159 $189,700 $117,200 $72,500
2015 $8,000 $189,700 $117,200 $72,500
2014 $7,793 $189,700 $117,200 $72,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    ROBERT A. LUBECK

    WOODWARD PROPERTIES

  • Susan Oldendorp

    Buyer's Agent in 2023

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    50 in this area

    516 Total Sales

    Susan Oldendorp
    Section Image
  • Rajiv Raichand

    Buyer Co-Listing Agent in 2023

    Rajiv Raichand

    COMPASS NEW JERSEY, LLC

    (929) 253-0351

    1 in this area

    13 Total Sales

    Rajiv Raichand
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3844712

Garden State MLS

APN: 18-03913-0000-00012-01

New Jersey Union County Summit 07901

16 Princeton St, Summit, NJ

This home is located at 16 Princeton St, Summit, NJ 07901 since 18 May 2023 and is currently estimated at $702,519. This property was built in 1994. 16 Princeton 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.

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