NOT LISTED FOR SALE

1602 Summit Ave Unit 2 Hillside, NJ 07205

Estimated Value: $507,000 - $740,000

Studio
3 Baths
-- Sq Ft
3,920 Sq Ft Lot Lot

Sale Details

Date Sold: January 22, 2018

Last sale price $250,000

Est. 141% increase in value since last sale

Current estimated payment $4,225 / mo

15 Days on Market

About This Home

As of January 2018

This home is located at 1602 Summit Ave Unit 2, Hillside, NJ 07205 since 20 October 2017 and is currently estimated at $603,090. This property was built in 1935. 1602 Summit Ave Unit 2 is a home located in Union County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

GWENDOLYN HORN

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 10/20/2017

Last Buyer's Agent

WILFRID CHERY

W. CHERY REAL ESTATE, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Year Built: 1935
  • County Name: Union
  • I D: 4755087
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X100
  • Total Acres: 0.09

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
Dec 3, 2020
Sold by
Bought by
Current Estimated Value
$603,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,636
Outstanding Balance
$209,566
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$393,524

Purchase Details

Listed on
Oct 20, 2017
Closed on
Jan 10, 2018
Sold by
Bought by
Seller's Agent
GWENDOLYN HORN
REALMART REALTY
Buyer's Agent
WILFRID CHERY
W. CHERY REAL ESTATE, INC.
List Price
$257,000
Sold Price
$250,000
Premium/Discount to List
-$7,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$245,471
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 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
-- None Available
$250,000 None Available
-- None Available
-- --
-- --
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 $239,636
Closed $245,471
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
01/22/2018 01/22/18 Sold $250,000 -2.7% --
11/04/2017 11/04/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $257,000 -- --
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 $11,686 $141,600 $36,000 $105,600
2024 $11,346 $141,600 $36,000 $105,600
2023 $11,346 $141,600 $36,000 $105,600
2022 $11,242 $141,600 $36,000 $105,600
2021 $11,168 $141,600 $36,000 $105,600
2020 $11,103 $141,600 $36,000 $105,600
2019 $10,888 $141,600 $36,000 $105,600
2018 $10,779 $141,600 $36,000 $105,600
2017 $10,713 $141,600 $36,000 $105,600
2016 $10,701 $141,600 $36,000 $105,600
2015 $10,606 $141,600 $36,000 $105,600
2014 $10,439 $141,600 $36,000 $105,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    GWENDOLYN HORN

    REALMART REALTY

  • W

    Buyer's Agent in 2018

    WILFRID CHERY

    W. CHERY REAL ESTATE, INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3426063

Garden State MLS

APN: 07-00402-0000-00021

New Jersey Union County Hillside 07112

1602 Summit Ave Unit 2, Hillside, NJ

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