162 Summit Ave Montclair, NJ 07043
Estimated Value: $1,638,281 - $1,846,000
--
Bed
--
Bath
2,325
Sq Ft
$741/Sq Ft
Est. Value
About This Home
This home is located at 162 Summit Ave, Montclair, NJ 07043 and is currently estimated at $1,722,320, approximately $740 per square foot. 162 Summit Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2009
Sold by
Giardi Thomas T and Giardi Carol G
Bought by
Pearson Steven and Blumenthal Andrea P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$391,598
Interest Rate
5.31%
Mortgage Type
New Conventional
Estimated Equity
$1,330,722
Purchase Details
Closed on
Jul 31, 2006
Sold by
Cartus Financial Corp
Bought by
Giardi Thomas and Giardi Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 19, 2006
Sold by
Wilson Paul
Bought by
Cartus Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
6.8%
Purchase Details
Closed on
Apr 15, 2003
Sold by
Bordick Mark
Bought by
Wilson Paul and Dressel Kara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.64%
Purchase Details
Closed on
Jan 3, 1995
Sold by
Pheloung Candy
Bought by
Bordick Mary and Bordick Kanchi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.84%
Purchase Details
Closed on
Jun 14, 1993
Sold by
Pheloung Landy
Bought by
Pheloung Landy and Laura Hw
Purchase Details
Closed on
Jul 1, 1992
Sold by
Waksal Harlan W and Waksal Carol L
Bought by
Pheloung Lady
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pearson Steven | $834,000 | Multiple | |
| Giardi Thomas | $930,000 | -- | |
| Cartus Financial Corp | $930,000 | -- | |
| Wilson Paul | $701,000 | -- | |
| Bordick Mary | $325,000 | -- | |
| Pheloung Landy | -- | -- | |
| Pheloung Lady | $320,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pearson Steven | $600,000 | |
| Previous Owner | Cartus Financial Corp | $93,000 | |
| Previous Owner | Giardi Thomas | $744,000 | |
| Previous Owner | Cartus Financial Corp | $744,000 | |
| Previous Owner | Wilson Paul | $560,000 | |
| Previous Owner | Bordick Mary | $245,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $27,105 | $796,500 | $371,500 | $425,000 |
| 2024 | $26,073 | $771,400 | $371,500 | $399,900 |
| 2022 | $25,364 | $771,400 | $371,500 | $399,900 |
| 2021 | $23,386 | $723,800 | $371,500 | $352,300 |
| 2020 | $23,010 | $723,800 | $371,500 | $352,300 |
| 2019 | $22,771 | $723,800 | $371,500 | $352,300 |
| 2018 | $22,394 | $723,800 | $371,500 | $352,300 |
| 2017 | $23,326 | $624,700 | $340,100 | $284,600 |
| 2016 | $22,702 | $624,700 | $340,100 | $284,600 |
| 2015 | $22,027 | $624,700 | $340,100 | $284,600 |
| 2014 | $21,290 | $624,700 | $340,100 | $284,600 |
Source: Public Records
Map
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