NOT LISTED FOR SALE

16 Weaver St Unit 18 Summit, NJ 07901

Estimated Value: $910,000 - $1,017,000

-- Bed
-- Bath
2,906 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $695,000 $239 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,254/month

25 Days on Market

About This Home

As of October 2021

This home is located at 16 Weaver St Unit 18, Summit, NJ 07901 since 07 June 2021 and is currently estimated at $961,913, approximately $331 per square foot. This property was built in 1900. 16 Weaver St Unit 18 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 Listed By

Tara Roufanis

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 201-445-4300 Listed on: 06/07/2021

KELLER WILLIAMS VILLAGE SQUARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,740

Year Built

  • Built in 1900

Lot Details

  • 6,273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,740

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • Street Number Display: 16
  • I D: 5077043
  • Modified: 2022-10-14
  • Number Images: 1
  • Attribution Contact: 201-445-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Oct 5, 2021
Sold by
Mahmood Tarig and Mahmood Fauzia
Bought by
Wang Ying
Seller's Agent
Tara Roufanis
KELLER WILLIAMS VILLAGE SQUARE
List Price
$795,000
Sold Price
$695,000
Premium/Discount to List
-$100,000
-12.58%
Total Days on Market
25
Current Estimated Value
$961,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,913
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Hamway Michael
Bought by
Mahmood Tariq and Mahmood Fauzia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.88%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Hamway Michael and Hamway Maureen
Bought by
Hamway Michael and Hamway Maureen

Purchase Details

Closed on
Apr 23, 1997
Sold by
Rothe Robert and Rothe Maryanne
Bought by
Hamway Michael and Hamway Maureen

Range of Values:

Collateral Analytics

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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
Wang Ying $695,000 Guardian Title
Mahmood Tariq $336,000 --
Hamway Michael -- --
Hamway Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ying $597,100
Closed Wang Ying $700,000
Previous Owner Mahmood Tariq $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $695,000 -12.6% $239 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $795,000 -- $274 / 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 $10,740 $248,200 $104,300 $143,900
2023 $10,740 $248,200 $104,300 $143,900
2022 $10,630 $248,200 $104,300 $143,900
2021 $9,981 $231,200 $104,300 $126,900
2020 $10,080 $231,200 $104,300 $126,900
2019 $10,092 $231,200 $104,300 $126,900
2018 $10,027 $231,200 $104,300 $126,900
2017 $10,092 $231,200 $104,300 $126,900
2016 $9,944 $231,200 $104,300 $126,900
2015 $9,750 $231,200 $104,300 $126,900
2014 $9,498 $231,200 $104,300 $126,900
Source: Public Records

Agents Affiliated with this Home

  • Tara Roufanis

    Seller's Agent in 2021

    Tara Roufanis

    KELLER WILLIAMS VILLAGE SQUARE

    (917) 757-2785

    1 in this area

    136 Total Sales

    Tara Roufanis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3718091

Garden State MLS

APN: 18-01302-0000-00042

New Jersey Union County Summit 07901

16 Weaver St Unit 18, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 16 Weaver St Unit 18, Summit, NJ 07901 since 07 June 2021 and is currently estimated at $961,913, approximately $331 per square foot. This property was built in 1900. 16 Weaver St Unit 18 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.

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