NOT LISTED FOR SALE

1608 Summit Ave Unit 1 Union City, NJ 07087

Estimated Value: $652,000 - $702,078

3 Beds
2 Baths
2,268 Sq Ft
$301/Sq Ft Est. Value

About This Home

Optional furniture... beds, dressers, etc. Convenient 1st floor, 3 bedroom 1 1/2 bath rental. Enclosed back patio area. Outdoor grass yard. Kitchen includes some small appliances, coffee machine, microwave, etc. Easy bus to NYC, shopping nearby. TENANTS ONLY PAY 1 MONTH SECURITY.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Sun Yi
Bought by
Xu Tianlai
Current Estimated Value
$682,270

Purchase Details

Closed on
Mar 24, 2016
Sold by
Espinosa Jesus J and Fernandez Nancy B
Bought by
Su Tianlai and Liu Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2011
Sold by
Espinosa Jesus J and Espinosa Norma
Bought by
Espinosa Jesus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Xu Tianlai -- None Available
Su Tianlai $272,000 Multiple
Espinosa Jesus J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Tianlai $268,000
Previous Owner Xu Tianlai $288,000
Previous Owner Su Tianlai $204,000
Previous Owner Espinosa Jesus J $337,500
Previous Owner Espinosa Jesus J $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Rented $1,750 0.0% --
01/22/2021 01/22/21 Price Changed $1,750 -2.8% --
01/16/2021 01/16/21 Price Changed $1,800 -5.3% --
01/10/2021 01/10/21 Price Changed $1,900 -5.0% --
01/06/2021 01/06/21 Price Changed $2,000 -4.8% --
12/31/2020 12/31/20 For Rent $2,100 -- --

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 $9,610 $622,700 $241,700 $381,000
2023 $9,610 $125,000 $87,400 $37,600
2022 $9,264 $125,000 $87,400 $37,600
2021 $9,231 $125,000 $87,400 $37,600
2020 $9,126 $125,000 $87,400 $37,600
2019 $8,879 $125,000 $87,400 $37,600
2018 $8,713 $125,000 $87,400 $37,600
2017 $9,597 $139,000 $87,400 $51,600
2016 $9,577 $139,000 $87,400 $51,600
2015 $9,057 $139,000 $87,400 $51,600
2014 $8,856 $139,000 $87,400 $51,600
Source: Public Records

Agents Affiliated with this Home

  • Nely Grecea

    Seller's Agent in 2021

    Nely Grecea

    KELLER WILLIAMS CITY VIEWS

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Map

New Jersey Hudson County Union City 07087

1608 Summit Ave Unit 1, Union City, NJ

This home is located at 1608 Summit Ave Unit 1, Union City, NJ 07087 and is currently estimated at $682,270, approximately $300 per square foot. 1608 Summit Ave Unit 1 is a home located in Hudson County with nearby schools including Veterans Memorial School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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